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Tag: finance

Posted on 18/12/2024

Singapore’s digital banks say they serve a niche, need time to turn profits

GXS Bank, MariBank and Trust Bank reported a rise in total income in 2023 but fell deeper into the red. Read more at straitstimes.com.

Posted on 17/12/2024

DAM Capital Advisors IPO: From financials to key risks – Here are 10 key things to know from RHP

DAM Capital Advisors IPO opens for subscription on December 19, closing on December 21. Valued at ₹840.25 crore, the IPO offers 2.97 crore shares priced between ₹269- ₹283. Retail investors can invest ...

Posted on 17/12/2024

Daily Cuts – Will Singapore’s NODX rebound be sustained going into 2025?

Singapore Today's Lance Alexander and Justine Moss speak with Jeff Ng, Head, Asia Macro Strategy, Sumitomo Mitsui Banking Corporation, about what could have led Singapore's non-oil domestic exports to ...

Posted on 17/12/2024

DBS forecasts strong growth for suburban retail Reits in 2025, names its top picks

SINGAPORE’S suburban real estate investment trusts (Reits) are poised for growth next year, although there is a temporary risk in the form of retail business flowing to Johor Bahru (JB) by way of the ...

Posted on 17/12/2024

Singapore’s consumer watchdog works to raise awareness on fast-growing financial influencer sector

The authorities said last month that financial influencers, or finfluencers, must be licensed and regulated if they provide financial advice.

Posted on 17/12/2024

Singapore targets 1.2 mn Indian tourists in 2024-end; no visa-free entry

In an interview with Business Standard, Markus Tan and Renjie Wong of Singapore Tourism Board discussed the surge in Indian tourists, future attractions, sustainability efforts, and travel trends ...

Posted on 17/12/2024

2025 a year of moderation for S’pore hotels, DBS names CapitaLand Ascott Trust as top pick

Analysts Geraldine Wong and Derek Tan point out that Singapore had a good year for tourism in 2024, with visa-free arrangements with Chain and Taylor Swift Concerts. This also makes for a high base ...

Posted on 17/12/2024

PIF-backed Saudi Global Ports taps banks ahead of potential IPO – report

Saudi Global Ports (SGP), a joint venture between the sovereign Public Investment Fund and Singapore’s PSA International, has tapped banks ahead of a potential IPO, according to Bloomberg.

Posted on 17/12/2024

No evidence of bubble yet, calls for property market cooling measures ‘premature’: DBS

Following the strong sales seen last month, new home sales for 2024 is estimated to come in between 7,500 to 7,800 units for the year.

Posted on 17/12/2024

Singapore CPF Vs. Hong Kong MPF: 4 Key Differences Between Their Pension Schemes

Key differences between CPF and MPF is that CPF provides risk-free returns while MPF's savings have to be invested to earn a return ...

Posted on 17/12/2024

China approves Singapore’s Perennial as first foreign company to wholly own tertiary hospital

BEIJING: Singapore property and healthcare player Perennial Holdings has become the first foreign company to be granted a licence by the Chinese authorities to wholly own and run a tertiary hospital ...

Posted on 17/12/2024

Singapore targets 1.2 million Indian tourists in 2025; no visa-free entry

In an interview with Business Standard, Markus Tan and Renjie Wong of Singapore Tourism Board discussed the surge in Indian tourists, future attractions, sustainability efforts, and travel trends ...

Posted on 17/12/2024

4 Singapore Blue-Chip Stocks with Dividend Yields Higher Than Your CPF Ordinary Account

We feature four promising blue-chip stocks that provide you with a better dividend yield than your CPF account. The post 4 Singapore Blue-Chip Stocks with Dividend Yields Higher Than Your CPF Ordinary ...

Posted on 17/12/2024

Shein weighs sale of less than 10% of company in London IPO, sources say

Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require at least 10% of its shares to be sold to the public in its planned London flotation, two people with ...

Posted on 16/12/2024

Saudi Port Operator Said to Pick Banks for Up to $1 Billion IPO

State-backed Saudi Global Ports Co. has picked banks including Goldman Sachs Group Inc. and HSBC Holdings Plc to help arrange a planned Riyadh initial public offering, according to people familiar ...

Posted on 16/12/2024

Mapletree Logistics Trust proposes to sell Singapore warehouse for S$12.3 million

THE trustee of Mapletree Logistics Trust (MLT) is proposing to sell a warehouse and office building at 1 Genting Lane in Singapore for S$12.3 million. Read more at The Business Times.

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