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Tag: finance

Posted on 14/08/2024

Singaporean investment app Syfe pulls in $27M to hasten growth in Asia Pacific

Singapore-based investment platform Syfe has been working on making wealth management more accessible in the region by offering a variety of investment products and options, all via a smartphone app.

Posted on 14/08/2024

Singapore tightens GDP growth forecast to 2-3% amid mixed economic signals

SINGAPORE: The Ministry of Trade and Industry (MTI) has revised its gross domestic product (GDP) growth forecast for 2024 to a range of 2.0-3.0 per cent, following an assessment of the country’s ...

Posted on 13/08/2024

New app by Nets enables merchants in Singapore to use smart devices to accept contactless payments

It was rolled out in a pilot programme in the first half of 2024, with over 30 merchants participating to date. Read more at straitstimes.com.

Posted on 13/08/2024

Best Fixed Deposit Rates in Singapore (Aug 2024)—Rates Up To 3.5%, Minimum Deposits From $500

Which bank in Singapore has the best fixed deposit rate ... What we like: Commitment periods start from a relatively short 6 months. What we don't like: UOB's current rate is below average. As ...

Posted on 13/08/2024

Singapore-based DBS Bank Conducts Pilot for Blockchain-Powered Treasury Tokens

DBS Bank launched a new blockchain-based treasury and liquidity management solution in collaboration with Ant International.

Posted on 13/08/2024

RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm

Southeast Asian online hotel management and booking platform RedDoorz has its sights set on IPO – but it has a lot of steps to clear first.

Posted on 13/08/2024

83% of Gen Z in Singapore Aware of Generative AI’s Potential in Banking, Says Visa

Visa revealed that 83% of Gen Z consumers in Singapore are aware of generative AI and its potential to enhance their banking experiences.

Posted on 13/08/2024

DBS faces challenges amid changing environment in the post-Piyush era

How will DBS continue to be a “people’s bank” in Singapore and yet expand regionally for business growth? Read more at straitstimes.com.

Posted on 13/08/2024

Eligible Singaporeans to get between $200 and $400 in September to help with rising cost of living

Those whose assessable income is up to $100,000 and do not own more than one property are eligible. Read more at straitstimes.com.

Posted on 13/08/2024

More than 2.4 million Singaporeans to receive $200 to $400 cost-of-living special payment in September

SINGAPORE: More than 2.4 million Singaporeans are set to receive $200 to $400 as part of the Cost-of-Living (COL) Special Payment in September. At Budget 2024, Prime Minister and Minister for Finance ...

Posted on 13/08/2024

FirstCry shares list at 40% premium over IPO price

Ahead of the issue opening, the company raised ₹1886 crore from 71 anchor investors including SBI Mutual Fund, ICICI Prudential Mutual Fund, among others.

Posted on 13/08/2024

2.4 million Singaporeans to receive between $200 and $400 in September

Those whose assessable income is up to $100,000 and do not own more than one property are eligible. Read more at straitstimes.com.

Posted on 13/08/2024

Over 2.4 million Singaporeans to receive $200 to $400 cost of living payment in September

More than 2.4 million Singaporeans will receive a one-off special payment of between $200 and $400 in September, which aims to help alleviate the rising cost of living. Those aged 21 and above, who ...

Posted on 13/08/2024

Singapore Sees 2024 GDP Growth at Upper Half of Forecast

(Bloomberg) -- Singapore said it expects the island’s economy to expand ... Second-quarter growth was driven by the finance and insurance, and information and communications sectors. By contrast, ...

Posted on 13/08/2024

Singapore Upgrades Full-Year Economic Outlook

Taking into account the performance of the Singapore economy in the first half, as well as global and domestic economic factors, MTI updated its full-year growth forecast to 2.0% ...

Posted on 12/08/2024

Former Singapore wine executive arrested in S$12M Bordeaux En Primeur wine scam after evading authorities for 13 years

SINGAPORE: A former executive of a Singapore wine investment firm has been arrested after evading... The post Former Singapore wine executive arrested in S$12M Bordeaux En Primeur wine scam after evad ...

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