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Tag: finance

Posted on 28/12/2024

Top Stock Market Highlights of the Week: Singapore Post, OUE REIT and CDL Hospitality Trusts

Welcome to this week’s edition of top stock market highlights. Singapore Post (SGX: S08) Singapore Post, or SingPost, received a whistleblowing report earlier this year relating to its international e ...

Posted on 28/12/2024

Singapore’s disgraced oil tycoon Lim Oon Kuin declared bankrupt

Known in the oil trading industry as O.K. Lim, the 82-year-old former tycoon and his children, aged 57 and 54, will have their bankruptcy estates managed by trustees Leow Quek Shiong and Seah Roh Lin ...

Posted on 28/12/2024

Singapore Oil Mogul Declared Bankrupt After Empire Collapsed

Former tycoon Lim Oon Kuin has been declared bankrupt in Singapore, following the collapse of his oil trading empire.

Posted on 27/12/2024

Singapore PM Lawrence Wong to deliver Budget speech on Feb 18

SINGAPORE (The Straits Times/ANN): The 2025 Budget statement will be delivered in Parliament on Feb 18 by Prime Minister Lawrence Wong. There will be live television and radio coverage of the Budget ...

Posted on 27/12/2024

Singapore PM Lawrence Wong to table Budget 2025 on Feb 18

The 2025 Singapore Budget Statement will be tabled in Parliament on Feb 18 by Prime Minister and Finance Minister Lawrence Wong. It will be ...

Posted on 27/12/2024

Issue #5: Bus and MRT Fares Are Going Up, HSBC Extends Live+ Card’s 8% Cashback, and More

Did you see these coming? Public transport fares are going up (boo), and one of the most exciting new cards launched this year is getting its 8% cashback extended (yay!). These are headlines you might ...

Posted on 27/12/2024

This Singapore stock surged more than 370% in 2024

Singapore shares had a very good year, outperforming many of their regional peers. Read more at straitstimes.com.

Posted on 27/12/2024

OCBC disposes entire 33.33% stake in Hong Kong Life Insurance

Oversea-Chinese Banking Corporation (OCBC) announced that its wholly-owned subsidiary, OCBC Bank (Hong Kong) is selling its entire 33.33% stake or 190 million shares in Hong Kong Life Insurance to Yue ...

Posted on 27/12/2024

Citing better portfolio mix, OCBC Investment Research raises fair value for Keppel DC REIT

A third data centre, dubbed KDC SGP 9, is slated for development on the same site as the other two data centres ...

Posted on 27/12/2024

Singapore fuel oil stocks rise to more than 8-year high

The following table details Singapore's onshore oil products inventory held by up to 14 major oil and oil storage companies as of Dec. 25, according to data released on Thursday by Enterprise ...

Posted on 27/12/2024

DBS, SIA, Mapletree Logistics Trust appear in Syfe’s list of top-traded SGX stocks for the year

Syfe also released the top five most-traded stocks in the US and Hong Kong respectively; one stock on the latter exchange has surged 635% year to date.

Posted on 27/12/2024

Singapore stocks rose as trading began on Friday morning—STI increased 0.6%

SINGAPORE: Singapore stocks rose as trading began on Friday morning (Dec 27), following a quiet session in the US market. The Straits Times Index (STI) increased 0.6%, or 22.28 points, to 3,783.73 at ...

Posted on 27/12/2024

Singapore’s stock exchange hits 20-year low in listed companies

The number of companies on the Singapore Exchange fell to 617 in October, the lowest since September 2004. The figure has been in steady decline since hitting a high of 782 in 2013, with domestic ...

Posted on 27/12/2024

Singapore’s 2025 Budget statement to be delivered in parliament on Feb 18

SINGAPORE: Prime Minister and Minister for Finance Lawrence Wong will deliver Singapore's 2025 Budget statement in parliament on Feb 18, the Ministry of Finance (MOF) said on Friday (Dec 27). The ...

Posted on 27/12/2024

PM Wong to deliver 2025 Budget statement in Parliament on Feb 18

Prime Minister Lawrence Wong will deliver the Budget 2025 statement in Parliament on Feb 18. There will be live television and radio coverage of the Budget Statement, as well as a live webcast on the ...

Posted on 27/12/2024

4 Dependable Singapore Blue-Chip Stocks to Own for 2025 and Beyond

Here are four Singapore blue-chip stocks that you can comfortably own for 2025 and the long term. DBS is the largest of the three local banks by market capitalisation and is a key pillar of ...

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