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Tag: finance

Posted on 15/02/2025

Resurgence of fake sites, posts on govt payouts that phish for victims’ bank details: Police

Victims are misled into giving personal details to claim CDC vouchers or Assurance Package payouts. Read more at straitstimes.com.

Posted on 15/02/2025

Singapore’s 2024 GDP grows by 4.4%, better than advance estimates of 4%

SINGAPORE’S economy grew 4.4 per cent in 2024, more than the advance estimate of 4 per cent, data from the Ministry of Trade and Industry (MTI) showed on Friday (Feb 14). Read more at The Business ...

Posted on 14/02/2025

SGX falls 6% as initial MAS review group proposals dampen earlier optimism; Citi downgrades to ‘sell’

CITI Research has downgraded its call on the Singapore Exchange (SGX) to “sell”, and revised its target price to S$11.90, as it expects the recent optimism priced into the counter’s valuation to ...

Posted on 14/02/2025

OCBC Cycle returns in May with 50% more slots for foldable bike riders

SINGAPORE: Mass cycling event OCBC Cycle will return on May 3 and May 4 with enhancements to some categories, including a 50 per cent increase in the number of slots for foldable bike riders. This is ...

Posted on 14/02/2025

Most retail investors know they can invest CPF funds with more planning to do so

Despite interest in investing, a substantial 82% of respondents indicated a desire for more CPF-related investing content.

Posted on 14/02/2025

Hexaware Technologies IPO subscribed 0.37 times on Day 3; check GMP

US private equity giant Carlyle-backed company has already raised ₹2,598 crore from anchor investors like CLSA, Government of Singapore, Monetary Authority of Singapore, JP Morgan, Goldman Sachs, ...

Posted on 14/02/2025

HSBC plans new round of investment bank job cuts next week

The latest phase of cuts will start in Asia, but will ultimately affect employees globally, according to sources, who asked not to be identified discussing private matters.

Posted on 14/02/2025

OCBC Cycle returns on May 3-4 with target of 7,000 riders

OCBC Cycle, the largest mass cycling event in Singapore, will take place over the first weekend of May in what will be its 17th edition. Read more at The Business Times.

Posted on 14/02/2025

SGX shares fall 5.5% a day after first measures to boost stock market unveiled

Tax incentives and measures to widen access to capital for firms were proposed on Feb 13. Read more at straitstimes.com.

Posted on 14/02/2025

More firms want inflation support, funding for digital adoption and sustainability projects in Budget 2025: UOB

COMPARED with the year before, more businesses are looking for inflation-related support to cope with rising costs, and funding to embark on digital adoption and sustainability projects, the UOB ...

Posted on 14/02/2025

Over 470 investment scam cases reported in Singapore so far this year

More than 470 cases of investment scams have been reported in Singapore since the start of 2025, with losses amounting to at least SG$32.6 million (US$24.1 million), Singapore police said.

Posted on 14/02/2025

Singapore is set to deliver its first budget under its new prime minister. Here’s what to expect

Lawrence Wong, who took the helm from Lee Hsien Loong, will deliver the budget on Feb. 18. The country is due for a general election by November.

Posted on 14/02/2025

OCBC and Enterprise Singapore launch ESG programme to help SMEs measure sustainability performance

OCBC and Enterprise Singapore launch ESG programme to help SMEs measure sustainability performance Singapore News ...

Posted on 14/02/2025

People aged 25-44 invest just 15%–17% of salary: DBS

Gen Zs and millennials are the least invested among all pre-retirement age groups, allocating just 15% to 17% of their salaries to investments. Over half of investments are allocated to fixed income.

Posted on 14/02/2025

New round-island virtual ride for OCBC Cycle; online registration from Feb 14

The main categories – The Straits Times Ride (20km), the Sportive Ride (40km) and the Foldie Ride by Brompton (40km) – will take place on closed roads on May 4, with landmarks such as the Benjamin ...

Posted on 13/02/2025

Singapore Weighs Tax Incentives to Help Revive Stock Market

A Singapore government-led review group proposed tax incentives to revitalize the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.Most Read from ...

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