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Tag: finance

Posted on 06/11/2024

Funding Societies secures third credit facility from HSBC, taps latter’s US$1 billion Asean war chest

Cumulatively, HSBC’s total funding commitment to the digital finance ... Founded in 2015, Funding Societies is active in Singapore, Malaysia, Indonesia, Thailand and Vietnam, having disbursed more ...

Posted on 06/11/2024

Standard Chartered and Ant International have announced intra-group blockchain-based SGD settlement

Singapore – Standard Chartered and Ant International today announced the successful completion of SGD-denominated liquidity transfers between its entities using Ant International’s blockchain-based ...

Posted on 06/11/2024

LTA to pilot blockchain-based conditional payments solution with OCBC

The Land Transport Authority of Singapore (LTA) will be piloting a blockchain-based conditional payments solution from Oversea-Chinese Banking Corpo­ration (OCBC) to disburse mobilisation advance ...

Posted on 06/11/2024

Singapore Stock Market May Extend Its Gains

The Singapore stock market has moved higher in two straight sessions, gathering more than 25 points or 0.7 percent along the way. The ...

Posted on 06/11/2024

Bullish on the S&P 500 or the Nasdaq 100? ETFs aren’t the only way to play it

ETFs are popular among investors seeking exposures to broad market indexes. These include the Vanguard 500 Index Fund (VOO) and the SPDR S&P 500 ETF Trust (SPY) that track the S&P 500, as well as the ...

Posted on 06/11/2024

Super rich Indian families joining the Ambanis to set up family offices in Singapore

The Republic is a top destination for rich Indian families looking to establish a family office outside of India. Read more at straitstimes.com.

Posted on 06/11/2024

Singapore Fintech Report 2024: Losses Continue to Mount for Digital Banks

In 2024, the Singapore Fintech Report identified 487 fintech companies serving the Singapore market. This figure marks a significant decline from the 700+ companies in the previous report, reflecting ...

Posted on 06/11/2024

Singapore insurer Great Eastern posts 52% higher Q3 profit of $273.4 million

Better performance came amid sustained sales momentum in Singapore and Malaysia. Read more at straitstimes.com.

Posted on 06/11/2024

Looking to Boost Your Passive Income? 4 Singapore Blue-Chip Stocks Dishing Out Quarterly Dividends

DBS is a household name in Singapore, being the country’s largest bank by market ... You may be familiar with DBS and Post Office Savings Bank (POSB), but did you know that the group pays dividends ...

Posted on 06/11/2024

UOB FinLab commits $100K to support green tech pilots across ASEAN

The firm will deploy six pilots with corporate partners in Singapore. UOB FinLab has committed over $100,000 to support 15 green tech firms piloting sustainability solutions across ASEAN. The firm ...

Posted on 06/11/2024

Singapore leads APAC data center investments as AI drives demand

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this ...

Posted on 06/11/2024

Banks expected to post ‘robust’ q-o-q earnings in 3QFY2024; attractive forward yields remain bright spot: DBS

All three Singapore banks are expected to post a “robust” set of earnings on a q-o-q basis for the 3QFY2024 ended Sept 30, says DBS Group Research analyst Lim Rui Wen. This is likely to be driven by ...

Posted on 06/11/2024

DBS doubles down on financial wellness to tackle Asia’s ageing needs

ASIAN societies are rapidly ageing: the population of those aged 65 and above across 15 countries in Asia-Pacific will increase by 18.3 per cent to 620 million in 2025 and to 730 million by 2030. Read ...

Posted on 06/11/2024

Singapore leads Asia-Pacific in life sciences investments in 2024

This investment reflects the increasing interest from regional investors in Singapore’s burgeoning life sciences landscape ...

Posted on 06/11/2024

How could the next US president affect Singapore’s economy?

According to a 2023 report by the American Chamber of Commerce in Singapore, there are 5,700 US firms operating in the city state. As of 2021, more than 190,000 people are working in American MNCs.

Posted on 05/11/2024

Singapore leads APAC in life sciences investments

Singapore emerged as a Life Sciences hub in the Asia Pacific, accounting for the majority of investment volume in the space in the first nine months of 2024.

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