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Tag: finance

Posted on 22/10/2024

Singapore Stock Market May Give Up Support At 3,600 Points

The Singapore stock market on Monday ended the two-day winning streak in which it had advanced almost 50 points or 1.4 percent. The ...

Posted on 22/10/2024

DBS CEO Gupta says only half of banks making enough tech progress

SINGAPORE: The head of Singapore’s biggest lender says only about half of companies in the banking industry have made sufficient progress in transforming their businesses to embrace digitalisation and ...

Posted on 22/10/2024

DBS launches tokenisation banking services for institutional clients

Singapore-headquartered DBS has introduced a new suite of banking services which integrate tokenisation and smart contract-enabled capabilities with its banking services.

Posted on 22/10/2024

UOL, Hongkong Land, Guoco, Ho Bee stand to gain from portfolio restructuring amidst lower interest rate environment: DBS

UOL’s 50.4% owned subsidiary Singapore Land recently divested Stamford court for $132 million, while Ho Bee has sold its 49% stake in a new business park development for $205 million, the analysts ...

Posted on 22/10/2024

Tickets to Blackpink member Lisa’s fan meeting in Singapore on sale from Oct 21

Lisa's agency Lloud announced a month ago that Singapore would be the first stop on her fan meeting tour in Asia.

Posted on 22/10/2024

Blackpink’s Lisa to perform in Singapore this November: Seat map, ticket prices and exclusive fan benefits

The presale for DBS/POSB cardholders will take place on Monday, October 21, from 12pm to 11.59pm. General ticket sales are set to begin on Tuesday, October 22, at 12 noon via TicketMaster. Ticket ...

Posted on 21/10/2024

OCBC Investment Research initiates ‘buy’ on PropNex with TP of 91 cents

Analyst Donovan Tan believes the negative sentiment towards the counter, which is largely due to the overhang of weak project launches, will improve.

Posted on 21/10/2024

Singapore’s Economic Outlook for the Next 5 Years

Find out the current state of Singapore’s economy and how it will develop over the next five years based on current economic data.

Posted on 21/10/2024

DBS expected to have the most favourable y-o-y profit momentum among Singapore banks: Macquarie 3Q2024 report

According to Macquarie analyst Jayden Vantarakis, DBS is the only bank poised to declare a dividend this quarter.

Posted on 21/10/2024

OCBC Officially Launches Bank Account for Children and Teens

OCBC Bank has officially launched a new bank account designed specifically for children and teenagers aged 7 to 15.

Posted on 21/10/2024

Association of Banks in Singapore launches best practice paper to enhance AML and CFT audits in banks

The paper provides internal auditors within Singapore’s banks and external auditors who work with banks with a common framework to formulate and execute audits pertaining to AML/CFT.

Posted on 21/10/2024

DBS CEO Piyush Gupta says only half of banks making enough tech progress

Outgoing CEO said he is unlikely to be actively involved with DBS, nor does he plan to join other banks. Read more at straitstimes.com.

Posted on 21/10/2024

Siam Commercial Bank Introduces Stablecoin Solution for Cross-Border Payments

Siam Commercial Bank (SCB), one of the largest banks in Thailand, has launched a stablecoin-based cross-border payment solution, which includes remittance services. This new initiative successfully ...

Posted on 21/10/2024

53% Singapore companies plan to devote over $700,000 to sustainable investments

The report also highlighted several barriers that continue to hinder sustainable investment, such as economic uncertainty and tight budgets.

Posted on 20/10/2024

10 best savings accounts in Singapore with highest interest rates (October 2024)

Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...

Posted on 20/10/2024

S’porean engineer transfers almost S$600,000 to M’sia for ‘investment’, realises scam half a year later

A 64-year-old Singaporean engineer lost RM1.948 million (S$594,100) to an online investment scam involving a Malaysian bank account. According to Johor's police chief, the victim saw an investment ...

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