Users of retail and corporate cheques will have two new electronic payment methods as part of Singapore's move to phase out cheques. From mid-2025, they can use electronic deferred payment system EDP ...
Deadline for banks to cease processing corporate cheques extended to end-2026
Two new electronic deferred payment (EDP) systems to support corporate and individual cheque users will also be launched in mid-2025.
Best Fixed Deposit Rates in Singapore (Dec 2024)—Rates Up To 3.20%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Latest Singapore six-month T-bill cut-off yield slips to 3%
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 3 per cent, auction results released by the Monetary Authority of Singapore on Thursday (Dec 5) showed. Read more at ...
Two more e-payment methods to launch in mid-2025 as Singapore phases out cheques
They will address need for post-dated payments and greater certainty of payment. Read more at straitstimes.com.
New finance target in COP29 outcome could help developing countries set stronger targets, says Singapore minister
The new climate finance target agreed upon at the UN climate conference COP29 will provide developing countries with capital to implement their green plans, and could help them set more ambitious ...
HSBC Global Insurance CEO warns Hong Kong: Strengthen talent and digital infrastructure or fall behind Singapore and Dubai
In the latest report of Yahoo Finance, Edward Moncreiffe, CEO of Global Insurance at HSBC, emphasized that Hong Kong must focus on enhancing its physical and digital infrastructure, regulatory ...
POSB partners Mandai Wildlife Group for financial literacy efforts
POSB inked a multi-year partnership with Mandai Wildlife Group to boost financial literacy efforts among children and families. Read more at The Business Times.
Singapore Stock Benchmark Headed for Record High as Banks Rally
Singapore stocks are headed for a record high as renewed optimism around the city-state’s banks gives a lift to the wider market.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of ...
S’pore to receive more capital inflows in 2025
Singapore could see more capital inflows in 2025, with the stock market poised for another year of outperformance as investors turn defensive and favour the safe haven amid uncertainties over new ...
Singapore’s STI projected to hit 3,950 by 2025 on strong bank performance: DBS
...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 ...
Exxon Is Said to Weigh Sale of $1 Billion Singapore Stations
Oil major Exxon Mobil Corp. is considering a sale of its gas stations in Singapore, which could raise about $1 billion, according to people familiar with the matter.
11 Fascinating Facts About Singapore You Didn’t Know
Singapore, a global hub for finance, innovation, and urban planning, is a country that continues to captivate the world. This tiny island nation stands as a beacon of progress and prosperity, offering ...
How Citigroup’s Firing of Asia Equity Sales Traders Is Haunting the Bank Years Later
Citigroup fired an entire team of Hong Kong equity sales traders in 2019 for alleged misconduct. The ensuing regulatory and legal saga spotlights the question: Who should take the blame when banks get ...
Protecting people from themselves: Can a proposed law help bring down scam numbers in Singapore?
A clinical psychologist and lawyer speak to CNA’s Deep Dive podcast to weigh in on plans to give police powers to avert scams by freezing bank accounts of potential victims.
Hong Kong needs to nurture insurance talent to rival Singapore and Dubai, CEOs say
Lawrence Lam, Hong Kong CEO at Prudential, says data analysts have become more important than ever in the industry.