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Tag: finance

Posted on 25/09/2024

Singapore sets aside S$2.1 billion of green bond proceeds for electric rail expansion in FY2023

SINGAPORE has allocated about S$2.1 billion from its green bond proceeds to finance the expansion of its electric rail network – specifically the Jurong Region Line and Cross Island Line – in its 2023 ...

Posted on 25/09/2024

Citibank to close last branch in Singapore in October amid shift to wealth hubs

Citi currently has three wealth centres here, in Orchard Road, Parkway Parade and Holland Village. Read more at straitstimes.com.

Posted on 25/09/2024

DBS moving to raise China securities joint venture stake to 91%, CEO says

DBS Group Chief Executive Piyush Gupta said on Wednesday (Sep 25) it is in the process of increasing ownership in its China securities joint venture to 91 per cent from 51 per cent. The comments came ...

Posted on 25/09/2024

Singapore stocks declined on Wednesday—STI fell by 0.4%

The Straits Times Index (STI) fell by 0.4%, or 14.52 points, to 3,608.22 by 9:02 am, as reported by The Business Times. In the broader market, 90 stocks gained, while 40 declined after a total of 56.8 ...

Posted on 25/09/2024

Singapore bank UOB trims Vietnam’s 2024 growth forecast to 5.9% on typhoon Yagi

Singapore-based United Overseas Bank (UOB) has revised down its GDP growth forecast for Vietnam by 0.1 percentage point to 5.9% this year due to the damage caused by super typhoon Yagi.

Posted on 25/09/2024

4 Singapore Blue-Chip Stocks Punching Through Their All-Time Highs: Are They a Screaming Buy?

It’s not often that stocks surpass their all-time highs, but does this achievement make them a compelling buy? The post 4 Singapore Blue-Chip Stocks Punching Through Their All-Time Highs: Are They a ...

Posted on 25/09/2024

“2 days already!” — Singaporeans getting impatient with NETS’ payment service disruption

SINGAPORE: The interruption to NETS payments services that began on Monday (Sept 23) is apparently still ongoing for some Singaporeans. This has left some users feeling disappointed and frustrated.

Posted on 25/09/2024

The UOB One Card Now Offers up to 20% Cashback—but Here’s the Catch (MoneySmart Review 2024)

Does earning 20% cashback on a credit card sound like a dream? UOB's just made that dream a reality with their UOB One Card. The UOB One Card has always been one of the best credit cards for cashback ...

Posted on 25/09/2024

CapitaLand Investment extends partnership with SkillsFuture Singapore to uplift workforce and accelerate business transformation in retail sector

As a SkillsFuture Queen Bee, CapitaLand Investment partnered more than 300 companies to upskill over 1,500 of their employees since 2022 ...

Posted on 25/09/2024

Can ERIC Stock Gain From the Debut ARRP Deployment for Singtel?

Singtel, a leading telecom operator in Singapore, recently announced that it has become the first company in the world to commercially deploy Ericsson’s ERIC newly launched Automated Radio Resource ...

Posted on 24/09/2024

Hong Kong overtakes Singapore as Asia’s top financial centre, influential ranking shows

Hong Kong regains top billing in Asia from Singapore for the first time since September 2022, when the city remained closed due to the pandemic.

Posted on 24/09/2024

Singapore navy’s first two Invincible-class submarines fully operational after commissioning

The development of two other Invincible-class submarines, Illustrious and Inimitable, is "progressing well" in Germany, and are expected to return to Singapore by 2028, said MINDEF.

Posted on 24/09/2024

Upcoming IPO: NTPC Green Energy Gears Up For Rs 10,000 Crore IPO Launch As Soon As November; Reports

NTPC Green Energy, the renewable energy arm of the state-owned National Thermal Power Corporation (NTPC), is gearing up to launch its highly anticipated initial public offering (IPO) worth Rs 10,000 ...

Posted on 24/09/2024

India’s first AI Unicorn Fractal said to weigh $500 million IPO

Fractal Analytics, India's first AI unicorn, is planning an IPO in Mumbai to raise $500 million, aiming for a valuation of at least $3.5 billion. The company, co-founded by IIM Ahmedabad graduates, ...

Posted on 24/09/2024

Wine Investing in Singapore: A Growing Trend in the World of Alternative Assets

How to Invest in Wine in Singapore in the Future Investing in wine is likely to grow even more in Singapore, where both private and institutional investors are becoming more interested. As Singapore's ...

Posted on 24/09/2024

“2 days already!” — Singaporeans getting impatient with NETS’ payments service disruption

SINGAPORE: The interruption to NETS payments services that began on Monday (Sept 23) is apparently still ongoing for some Singaporeans. This has left some users feeling disappointed and frustrated.

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