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Tag: finance

Posted on 06/11/2024

Super-rich Indian families join Ambanis in setting up family offices in Singapore

Singapore is a top choice for rich Indian families establishing family offices outside of India. Read more at straitstimes.com.

Posted on 06/11/2024

Deadlock over climate finance is undermining Paris agreement, Singapore minister says

Efforts by the United States and others to persuade more countries to contribute to a new global climate financing initiative risks undermining the Paris agreement, Singapore's Environment Minister ...

Posted on 06/11/2024

OCBC, LTA pilot next-gen blockchain payments

One of Singapore’s largest lenders, OCBC, has deployed a next-generation blockchain-based conditional payments solution on its business banking platform to digitally transform the Land Transport ...

Posted on 06/11/2024

Singapore stocks rose as trading began on Wednesday—STI increased by 0.5%

SINGAPORE: Singapore stocks rose as trading began on Wednesday, Nov 6, following gains seen in global markets overnight. The Straits Times Index (STI) increased by 0.5%, adding 18.37 points to reach 3 ...

Posted on 06/11/2024

DBS Net Profit Likely Rose in Third Quarter — Earnings Preview

Loan demand is expected to have remained healthy, though overall loan growth was likely affected by continued loan replacements and the Singapore dollar's strength during the period, they said. -- DBS ...

Posted on 06/11/2024

Money Market Funds Vs. Short-Term Bonds: What Are You Really Investing In & What Happens When Interest Rates Decline?

In a falling interest rate environment, the yield for money market funds and short term bonds may not be as attractive.

Posted on 06/11/2024

Singapore, China companies and authorities ink 15 MOUs to further growth, partnership

FIFTEEN memorandums of understanding, valued at over S$60 million, were signed at the 7th Singapore-China Trade and Investment Forum (SCTIF) on Wednesday, “paving the way for new growth opportunities ...

Posted on 06/11/2024

Funding Societies secures third credit facility from HSBC, taps latter’s US$1 billion Asean war chest

Cumulatively, HSBC’s total funding commitment to the digital finance ... Founded in 2015, Funding Societies is active in Singapore, Malaysia, Indonesia, Thailand and Vietnam, having disbursed more ...

Posted on 06/11/2024

Standard Chartered and Ant International have announced intra-group blockchain-based SGD settlement

Singapore – Standard Chartered and Ant International today announced the successful completion of SGD-denominated liquidity transfers between its entities using Ant International’s blockchain-based ...

Posted on 06/11/2024

LTA to pilot blockchain-based conditional payments solution with OCBC

The Land Transport Authority of Singapore (LTA) will be piloting a blockchain-based conditional payments solution from Oversea-Chinese Banking Corpo­ration (OCBC) to disburse mobilisation advance ...

Posted on 06/11/2024

Singapore Stock Market May Extend Its Gains

The Singapore stock market has moved higher in two straight sessions, gathering more than 25 points or 0.7 percent along the way. The ...

Posted on 06/11/2024

Bullish on the S&P 500 or the Nasdaq 100? ETFs aren’t the only way to play it

ETFs are popular among investors seeking exposures to broad market indexes. These include the Vanguard 500 Index Fund (VOO) and the SPDR S&P 500 ETF Trust (SPY) that track the S&P 500, as well as the ...

Posted on 06/11/2024

Super rich Indian families joining the Ambanis to set up family offices in Singapore

The Republic is a top destination for rich Indian families looking to establish a family office outside of India. Read more at straitstimes.com.

Posted on 06/11/2024

Singapore Fintech Report 2024: Losses Continue to Mount for Digital Banks

In 2024, the Singapore Fintech Report identified 487 fintech companies serving the Singapore market. This figure marks a significant decline from the 700+ companies in the previous report, reflecting ...

Posted on 06/11/2024

Singapore insurer Great Eastern posts 52% higher Q3 profit of $273.4 million

Better performance came amid sustained sales momentum in Singapore and Malaysia. Read more at straitstimes.com.

Posted on 06/11/2024

Looking to Boost Your Passive Income? 4 Singapore Blue-Chip Stocks Dishing Out Quarterly Dividends

DBS is a household name in Singapore, being the country’s largest bank by market ... You may be familiar with DBS and Post Office Savings Bank (POSB), but did you know that the group pays dividends ...

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