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Tag: finance

Posted on 12/06/2024

Economists Expect Singapore’s Monetary Policy to Remain Unchanged in 2024, Survey Shows

SINGAPORE (Reuters) - Most economists are expecting Singapore's monetary policy to remain unchanged at the July and October reviews, according to a survey by the central bank, as they expect core ...

Posted on 12/06/2024

Singapore stocks started on a strong note on Wednesday—STI rose by 0.3%

SINGAPORE: Singapore stocks started on a strong note on Wednesday morning despite mixed performances in global markets the previous night. The Business Times reported that the Straits Times Index (STI ...

Posted on 12/06/2024

UOB and EnterpriseSG launch sustainability-linked advisory, grants and enablers programme for SMEs

The programme aims to simplify sustainability-linked financing solutions for SMEs, providing preferential loan rates from UOB.

Posted on 12/06/2024

UOB, EnterpriseSG launch programme for SMEs to secure sustainability-linked financing

SMALL and medium-sized enterprises (SMEs) can pursue sustainability performance targets and obtain preferential loan rates from UOB, in a new programme launched by the bank and Enterprise Singapore ...

Posted on 12/06/2024

Singapore Names Nine Entities as Critical to National Security

Singapore has designated nine entities as critical to national security under the newly legislated Significant Investments Review Act (SIRA) 2024. These entities are required to seek government ...

Posted on 12/06/2024

Singapore Stock Market May Find Mild Support On Wednesday

(RTTNews) - The Singapore stock market has moved lower in three straight sessions, slipping more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just beneath the ...

Posted on 12/06/2024

Job hiring optimism in Singapore declines for 3 consecutive quarters

SINGAPORE: Hiring optimism in Singapore has taken a hit for the year’s third quarter. According... The post Job hiring optimism in Singapore declines for 3 consecutive quarters appeared first on The I ...

Posted on 12/06/2024

Over two years’ jail for Singaporean man who helped launder almost S$410,000, including money from scam victims

For more than a year, Chua Hock Hua used different bank accounts to help unknown parties he met online to transfer funds to other people he also did not ...

Posted on 12/06/2024

Malaysia’s brain drain to Singapore inevitable due to currency differentials, says World Bank

It is impossible to stop or prevent Malaysians from moving to Singapore for jobs because of the currency differentials, according to the World Bank. “Most countries see things like this where highly ...

Posted on 11/06/2024

Over 2 years’ jail for man who helped launder almost S$410,000, including money from scam victims

SINGAPORE — For more than a year ... The court heard that in January 2022, a police report was lodged over a POSB bank account belonging to Chua. He had used the account to receive monies on behalf of ...

Posted on 11/06/2024

Singapore stocks end lower as macroeconomic concerns weigh on markets

Across the broader market, losers beat gainers 332 to 257, while regional markets were mixed. Read more at straitstimes.com.

Posted on 11/06/2024

UOB forecasts 6% GDP growth for Vietnam in Q2

In 2025, UOB expected the Vietnamese economy to grow at 6.4% Recent economic indicators affirm positive outlook for the Vietnamese economy. The manufacturing purchasing managers’ index (PMI) remained ...

Posted on 11/06/2024

UOB Thailand appoints Richard Maloney as CEO

SINGAPORE - UOB appointed Richard Maloney as the new chief executive officer of its Thailand operations, effective July 1. Mr Maloney will succeed Tan Choon Hin, who will return to Singapore to be ...

Posted on 11/06/2024

UOB Thailand appoints new chief executive

UOB appointed Richard Maloney as the new chief executive of its Thailand operations, effective Jul 1. Read more at The Business Times.

Posted on 11/06/2024

Banks in Singapore tighten management after 3-billion-USD money laundering case

Banks in Singapore, including Citigroup and DBS Group Holdings, are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows.

Posted on 11/06/2024

Citi, DBS Reportedly Entangled in Singapore’s Money Laundering Case

Citi (C.US) and DBS, which are entangled in Singapore's biggest money laundering scandal, are stepping up scrutiny of wealthy clients and potential customers to avoid illicit m... Private bankers at a ...

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