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Tag: finance

Posted on 12/03/2025

DBS lifts iFast’s TP to $10.88 thanks to Asia’s rising wealth; $100 bil AUA goal likely require moves like M&A

DBS Group Research Ling Lee Keng has kept her “buy” call on iFast Corporation with a higher target price of $10.88 from $10.23, as she sees the group benefiting from Asia’s rising wealth population.

Posted on 12/03/2025

Salesforce to invest US$1 billion in Singapore over the next 5 years

This move is expected to rapidly expand the Republic's labour force in key service and public sector roles. Read more at straitstimes.com.

Posted on 12/03/2025

Singapore’s equity reforms may boost IPO activity

Analysts expect interest from financial services, tech, and green energy companies. Public listings in Singapore could increase by as much as 50% this year as a result of the country's recent stock ...

Posted on 12/03/2025

Chocolate Finance slaps limits on card transactions; says ‘no set timeline’ for instant withdrawal resumption

SINGAPORE] Wealth investment firm Chocolate Finance has temporarily implemented a S$250 per transaction spending limit on its debit card, it said in an e-mail update to customers on Tuesday evening ...

Posted on 12/03/2025

Singapore’s Chocolate Finance Engaging With MAS on Customer Withdrawal Issues

Singapore’s financial regulator said it is engaging with an online robo-advisor operated by Chocfin Pte. and independent fund custodian Allfunds to ensure all customer withdrawals will be met in an ...

Posted on 12/03/2025

The Secret Little Agency inspires better money habits via heartfelt campaign for POSB

Following the Singapore Budget 2025 Statement, Singapore’s longest-serving bank POSB has launched a new money habits campaign together with its lead creative agency The Secret Little Agency. Through ...

Posted on 12/03/2025

Billionaire Benioff’s Salesforce To Invest $1 Billion In Singapore

Salesforce, a cloud computing software company co-founded by billionaire Mark Benioff, plans to invest $1 billion in Singapore.

Posted on 12/03/2025

Chocolate Finance to process withdrawals in ‘orderly’ manner; all funds remain ‘protected’

Mr David Perez de Albeniz, chief executive at Allfunds Singapore, said that customer investment funds holdings are “completely segregated and ringfenced”, as required by Singapore’s regulations, which ...

Posted on 12/03/2025

Citi downgrades UOB to ‘neutral’, lowers target prices on all three banks, as it sees downside risks to NIMs

Analyst Tan Yong Hong believes management could lower their NIM outlooks on declining SORA rates and US rate cuts.

Posted on 12/03/2025

Razorpay eyes Group profitability ahead of IPO plans, expands to Singapore

The Tiger Global Management-backed company is focused on becoming profitable on a consolidated basis across all business verticals, said Shashank Kumar, co-founder and managing director of Razorpay ...

Posted on 12/03/2025

Shorter wait time for Chocolate Finance cashouts following halt in instant withdrawals

SINGAPORE: Chocolate Finance customers looking to withdraw their funds face a shorter wait of three to six business days instead of the 10-day timeframe that was earlier announced, the company said on ...

Posted on 12/03/2025

As global trade war heats up, Asia is a ‘beacon of growth opportunities:’ Singapore deputy PM says

Asia will remain a "beacon of growth opportunities" despite escalating global trade tensions, according to Singapore's Deputy Prime Minister Gan Kim Yong.

Posted on 12/03/2025

Singapore’s SGX Focused on Enhancing Market Liquidity to Compete with Hong Kong, Tokyo – Analysis

Singapore has long cemented its role as a global financial hub, known for its stability, innovation, and strategic positioning in Asia : KPMG.

Posted on 12/03/2025

5 Singapore Blue-Chip Stocks with Dividend Yields More Than Double Your CPF Ordinary Account

We feature five attractive blue-chip stocks with 5% or higher dividend yields. The post 5 Singapore Blue-Chip Stocks with Dividend Yields More Than Double Your CPF Ordinary Account appeared first on ...

Posted on 12/03/2025

How the Wee family, Singapore’s richest banking dynasty, built Southeast Asia’s third largest lender

The Wee family, Singapore’s richest banking dynasty, amassed a US$7.8 billion fortune by founding and growing United Overseas Bank into one of Southeast Asia's largest lenders.

Posted on 12/03/2025

Citigroup cuts US stocks, raises China on pause in US exceptionalism

SINGAPORE] Citigroup downgraded US equities to neutral from overweight while upgrading China to overweight, saying that US exceptionalism is at least on pause. Read more at The Business Times.

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