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Tag: finance

Posted on 24/01/2025

Indonesian man attempted to deposit counterfeit $10,000 note at DBS branch in Hong Lim Complex

A 36-year-old Indonesian man has been charged for delivering a counterfeit $10,000 note. Read more at stomp.straitstimes.com ...

Posted on 24/01/2025

Wealthy leaders share financial advice they gave their kids: Invest early, learn from failure — and think carefully about inheritance

Wealthy leaders share the financial advice they gave their kids, including invest early, budget —and think carefully about inheritance.

Posted on 24/01/2025

COTD: Singapore amongst top investment destination for CEOs in Asia Pacific

Singapore ranked amongst the top choices for CEOs in the Asia-Pacific region planning to invest in international operations over the next 12 months.

Posted on 24/01/2025

These were the notable industrial investment deals in Singapore in Q4

Some firms were compelled to exit, but other manufacturers expanded with new investments. As the manufacturing environment in Singapore becomes increasingly sophisticated, Knight Frank noted that cost ...

Posted on 24/01/2025

T-bills remain an option for low-risk portion of an investment portfolio as yields hold around 3%

With a yield of around 3 per cent, and a triple-A credit rating for the Singapore Government, T-bills are a “solid alternative for investors seeking risk-free returns”, Mr Wong said. Mr Kevin Teng, ...

Posted on 24/01/2025

DBS remains overweight US amid ‘complex’ and ‘nuanced’ landscape

In this quarter, investors should position themselves in “extremes.” They should seek exposure to the highest beta sectors and ride the upside of Trump’s expansionary policies.

Posted on 23/01/2025

Revolut rolls out robo-advisory service in Singapore

The service supports investment in diversified portfolios without the need for extensive research or active management.

Posted on 23/01/2025

Singapore stocks close higher on Thursday as inflation eases; STI up 0.7%

SINGAPORE stocks ended higher on Thursday (Jan 23), after the Republic reported that full-year inflation in 2024 came in at 2.4 per cent. This figure, closely aligned with the official forecast, was ...

Posted on 23/01/2025

New cafe chain Oriental Kopi’s shares double on IPO debut in Malaysia

It plans to open 14 new cafes in Malaysia and by 2026 and 2 more in Singapore this year. Read more at straitstimes.com.

Posted on 23/01/2025

MAS tipped to ease monetary policy as Singapore’s core inflation dips further in December

SINGAPORE’S central bank may take steps to loosen monetary policy on Friday (Jan 24) for the first time in nearly five years, with the city-state’s core inflation in December remaining below the 2 per ...

Posted on 23/01/2025

UOB Reportedly in Talks with Private Credit Investors, Hoping to Shun SHIMAO GROUP $10B Loan

Singapore-based United Overseas Bank (UOB), a creditor bank of SHIMAO GROUP (00813.HK), is in talks with private credit investors to offload a $10 billion loan due 2025, Bloomberg quoted sources as ...

Posted on 23/01/2025

Singapore December core inflation hits its lowest since November 2021

Singapore's key consumer price gauge rose 1.8% in December from a year earlier, more than economist forecasts and the lowest in more than three years, official data showed on Thursday. The core ...

Posted on 23/01/2025

Top 6 Banking Trends That Is Roaring Throughout Asia in 2025

Trends show that while Western banks streamline, the banking sector in Asia leaps forward, driven by the rise in technology and open banking.

Posted on 23/01/2025

Our 2025 picks: Singapore Exchange — Uplift in valuation multiples?

Citing the market review, the analysts think “seemingly stronger political will and low market expectations” could result in “a broad-based uplift in valuation multiples”. In turn, shares in SGX ...

Posted on 23/01/2025

Philippine water company Maynilad hires banks for over $500 million IPO, sources say

Maynilad Water Services has hired banks including Morgan Stanley and UBS to work on a more than $500 million initial public offering in the Philippines, according to two sources with knowledge of the ...

Posted on 23/01/2025

S$3bil money laundering case: Second Singaporean charged; allegedly committed forgery to cheat DBS

SINGAPORE: A man allegedly linked to Singapore’s largest money laundering case involving S$3 billion in cash and assets was handed 15 charges on Jan 23 for offences including forgery.

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