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Tag: finance

Posted on 22/03/2025

Chocolate Finance withdrawal updates: All requests between March 10 and 18 successfully processed and paid out

SINGAPORE: All withdrawal requests made by Chocolate Finance cardholders between March 10 and March 18 have been successfully processed and paid out by the end ...

Posted on 22/03/2025

Alarm bells for 2025: 75% senior executives in Singapore fear rising financial crime risks

A new global report reveals that business executives in Singapore are increasingly concerned about financial crimes targeting their organizations ...

Posted on 22/03/2025

5 Singapore Companies Boasting Dividend Yields of 4.8% or Higher

Here are five stocks with attractive dividend yields that income investors will relish. The post 5 Singapore Companies Boasting Dividend Yields of 4.8% or Higher appeared first on The Smart Investor.

Posted on 21/03/2025

UOB CEO Wee Ee Cheong’s 2024 pay down 5.7% at S$15 million despite record net profit

SINGAPORE] UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full year. Read more at The Business Times.

Posted on 21/03/2025

Singapore shares end Friday in the red as trade war fears escalate; STI down 0.1%

Investors opted for a defensive stance and nudged the Straits Times Index (STI) down 0.1 per cent or 4.04 points to 3,926.45 while losers outpaced gainers 284 to 234 on trade of 1.3 billion securities ...

Posted on 21/03/2025

Majority of Chocolate Finance withdrawal requests have been fulfilled, says fund manager

SINGAPORE] As at Friday (Mar 21), all redemption requests that Chocolate Finance received between Mar 10 and the 1 pm cut-off on Mar 18 have been successfully paid out, said the wealth investment firm ...

Posted on 21/03/2025

UOB, one of eight TNFD adopters in S’pore, identities nature-related risks in 2024 sustainability report

UOB estimates that 60% of its $58.0 billion sustainable financing portfolio falls within the “climate-nature nexus”, an overlap between climate and nature.

Posted on 21/03/2025

UOB CEO Wee Ee Cheong’s FY2024 pay trimmed by 6% y-o-y to $15 mil despite record earnings

Wee’s basic salary rose from $1.2 million in FY2023 to $1.44 million in FY2024, although his bonus fell to $13.56 million in FY2024 from $14.69 million the year before.

Posted on 21/03/2025

Man admits to roping in others to open bank accounts that received over $1.3m in scam proceeds

Three of the four men have pleaded guilty and they will be sentenced on March 26. Read more at straitstimes.com.

Posted on 21/03/2025

Chocolate Finance says all withdrawals paid out; future requests to take three to six business days

The firm said that it is unable to commit to a timeline for the resumption of instant withdrawals. Read more at straitstimes.com.

Posted on 21/03/2025

Citi Private Bank Launches Philanthropy Advisory Solutions in Asia

Citi Private Bank announces the launch of new philanthropy advisory solutions in Asia, beginning with Singapore. These solutions, led by the bank's Global Family Office Group, complement existing ...

Posted on 21/03/2025

Singapore retains 4th place in global financial centres Index

Singapore has once again secured its position as the world’s fourth most competitive financial centre, according to the latest Global Financial Centres Index.

Posted on 21/03/2025

Hong Kong widens lead over Singapore as Asia’s top financial centre, report shows

Nine of the top 20 global centres maintained their ranking, suggesting confidence in the financial sector amid slow economic growth.

Posted on 21/03/2025

Women lose out in HSBC revamp of Asia division

A global overhaul at HSBC Holdings Plc has seen female executives in Asia lose out after the lender asked managers to reapply for senior roles in the combined corporate and institutional banking unit.

Posted on 21/03/2025

Investing In Singapore Is A Great, High-Risk Opportunity

Shares MSCI Singapore ETF gains over 30% in a year with a 3.92% yield. Find out why EWS offers solid potential amid Singapore’s economic strength.

Posted on 20/03/2025

Singapore banks slated to cut capital buffers as they seek growth

Banks have set plans to do so, says S&P. Singapore banks are likely to cut back on their capital buffers and have already set in motion short to medium-term plans to manage this, said S&P Global ...

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