If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Singapore’s economy grew 4.3% in 2024, outperforming expectations, but challenges loom for 2025
SINGAPORE: Singapore’s economy outperformed expectations in 2024, but economists are warning that 2025 could be more challenging. According to the Ministry of Trade and Industry (MTI), the economy ...
Getting notes for CNY hongbao: Bookings start on Jan 7
From Jan 14, hongbao notes can be withdrawn without booking at selected pop-up and branch ATMs. Read more at straitstimes.com.
OCBC and Oxford Economics lower 2025 GDP forecast on high base; some analysts expect monetary easing to happen this year
Oversea-Chinese Banking Corporation’s (OCBC) Selena Ling has lowered her growth forecast for Singapore’s GDP in 2025 to 2.2% y-o-y from 2.7% y-o-y due to the high base from Singapore’s performance in ...
Pre-booking of CNY 2025 bank notes starts Jan. 7, collection at DBS, OCBC, UOB: MAS
Here are the ways you can get hold of the notes if you're a DBS, OCBC, or UOB bank member: Pre-booking for collection at bank branches: Online pre-booking is required, from Jan. 7. Collection of ...
Jail for ‘instrumental player’ in syndicate that sold bank accounts used to launder money
Goh Soon Lee received, processed and sent out 34 ATM cards between July and October 2023. Read more at straitstimes.com.
One-off payment incoming for about 11,000 junior OCBC employees in February and April 2025
Specifically in Singapore, approximately 4,000 junior employees, including new hires and unionised staff, will receive a one-off payment of S$1,000 each.
Pre-booking of CNY bank notes starts Jan. 7, collection at DBS, OCBC, UOB: MAS
Here are the ways you can get hold of the notes if you're a DBS, OCBC, or UOB bank member: Pre-booking for collection at bank branches: Online pre-booking is required, from Jan. 7. Collection of ...
Bookings to collect fit-for-gifting notes for Chinese New Year to start from Jan 7
SINGAPORE: From Jan 7, the public may make bookings to collect fit-for-gifting bank notes for Chinese New Year, said the Monetary Authority of Singapore (MAS) on Thursday (Jan 2). These "fit notes" ...
SGX Group chairman calls for ‘bold and decisive actions’ to solve stock market’s ‘longstanding issues’
A myriad of structural and policy issues must be addressed, certainly by SGX, but also with policymakers, regulators and all players within the ecosystem,” says Koh Boon Hwee.
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.
UOB Kay Hian keeps FLCT at ‘buy’ but with lower target price of $1.33 following higher taxes in Australia
FLCT is working on backfilling the remaining vacant space but competition from other business parks remains tough,' says UOB Kay Hian's Jonatha Koh ...
Singapore stocks rise as trading begins in the new year—STI gains 0.2%
SINGAPORE: Singapore stocks rose as trading began on Thursday (Jan 2) after the New Year’s Day holiday. The Straits Times Index (STI) gained 0.2% or 5.73 points to 3,793.33 at 9:01 am, The Business ...
Singapore Economy Grows 4.0 Pct In 2024, Tops Forecasts
Singapore's economy beat forecasts to grow 4.0 percent in 2024 despite a slowdown in the fourth quarter, preliminary government data showed on Thursday.
Singapore stocks to watch in 2025: 4 top picks for the new year
Meanwhile, iFAST Global Bank, the group’s digital banking arm, reported customer deposits more than doubling year on year to S$805.63 million as of Sept 30, 2024. The digital bank is also expected to ...
Salt Investments looking for alternative funding after two investors missed placement deadline
Salt Investments is looking for alternative funding after two investors who were supposed to take part in a placement did not pay up in time. According to the company on Jan 1, it had reminded Hin ...