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Tag: finance

Posted on 12/11/2024

DBS CEO Piyush Gupta sells $12.6 million worth of shares as bank hits all-time high

DBS closed up 0.8 per cent or $0.35 to $42.75, OCBC closed up 1.6 per cent or $0.26 to $16.32, while UOB was the top gainer on the Straits Times Index, up 2.7 per cent or $0.96 to $36.65. THE BUSINESS ...

Posted on 12/11/2024

Singapore’s DBS weighs stakes acquisitions in Malaysian banks

"Singapore’s DBS weighs stakes acquisitions in Malaysian banks" was originally created and published by Retail Banker International, a GlobalData owned brand.

Posted on 11/11/2024

Singapore expands eligibility, adds higher BEPS 2.0-compliant tax rate for corporate incentive scheme

ONE of Singapore’s corporate tax incentive schemes is adding a higher concessionary tax rate tier of 15 per cent for large multinationals, to allow such companies to continue qualifying despite global ...

Posted on 11/11/2024

I swapped UK for Singapore — Keir Starmer will push many others to do same

There's a time when you have to read the room and it's clear that the Labour Party's policies are no friends of wealth creation.

Posted on 11/11/2024

Singapore and China sign 25 agreements at annual top-level bilateral meeting to boost cooperation

SINGAPORE: Singapore and China have signed 25 agreements at their annual apex meeting, boosting cooperation in areas like trade, finance and maritime as they strengthen ties amid a troubled ...

Posted on 11/11/2024

Singapore targets stubborn scam victims with new law to restrict financial transactions

Facing a surge in scam cases, Singapore is proposing a landmark law allowing police to control the bank accounts of scam victims who persist in sending money to fraudsters, despite clear evidence ...

Posted on 11/11/2024

Singapore Airlines to Invest INR 3,194.5 Crore in Tata’s Merged Air India and Vistara Entity

SIA will contribute its 49 per cent stake in Vistara, as well as INR 2,058.5 crore in cash, to secure a 25.1 per cent equity share in the merged airline.

Posted on 11/11/2024

Swiggy IPO allotment today: Steps to check status, current GMP, other details

The Swiggy IPO allotment of shares will be finalised on Monday, November 11, 2024, and investors will be able to check their allotment status on the Swiggy IPO registrar portal, which is Link Intime ...

Posted on 11/11/2024

Winking Studios Prices London IPO at 15 Pence a Share; To Start Trading Nov. 14

Singapore-listed Winking Studios priced its London initial public offering at 15 pence a share, implying a market capitalization of 66.1 million pounds ($85.4 million) when trading starts on the ...

Posted on 11/11/2024

Niva Bupa Healthcare IPO sails through on last day of bidding process. Check GMP, other details

Under the OFS, Bupa Singapore Holdings and Fettle Tone will offload their ... Analysts advised investors to subscribe to the IPO from a long-term perspective even though it is priced on the aggressive ...

Posted on 11/11/2024

Singapore proposes unprecedented laws to stop stubborn scam victims from sending money to syndicates

SINGAPORE: With the scam situation getting worse here each year, the authorities are now preparing to take some intrusive measures to combat the scourge.

Posted on 11/11/2024

UOB shares jump after CEO says bank will consider share buyback, sees better loan growth in 2025

SINGAPORE – UOB will consider a share buyback, among other options, chief executive Wee Ee Cheong said at an earnings briefing on Nov 8, sending the bank’s shares rallying. The stock closed up $2.39, ...

Posted on 11/11/2024

Singapore shares open higher on Monday; STI up 0.6%

Singapore-based investment holding company HS Optimus was the most actively traded counter by volume. The company – which operates investment, door manufacturing and property businesses – was trading ...

Posted on 11/11/2024

Singapore Airlines to invest ₹3,194.5 crore more into Air India after Vistara merger for 25.1% stake

Singapore Airlines will invest an additional ₹3,194.5 crore into the newly merged entity comprising of Vistara and the Tata-owned Air India for a 25.1% stake ...

Posted on 11/11/2024

Singapore police could get powers to stop people from voluntarily transferring money to potential scammers

A proposed law will allow the police to restrict the banking transactions of people who refuse to believe they are being scammed, the Ministry of Home Affairs said on Monday (Nov 11).

Posted on 11/11/2024

POSB uses gen AI to age-morph everyday Singaporeans

DBS has launched a new Generative AI created campaign under the POSB umbrella to highlight the importance of financial wellness, emphasising that everyone can achieve their financial goals through ...

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