DBS's brand value rose by 5% y-o-y to US$11 billion ($14.88 billion), making it Singapore's most valuable brand.
MAS ‘following up’ with DBS on cause of May 2 glitch in digital banking services
THE Monetary Authority of Singapore (MAS) said on Tuesday (May 7) that it was “following up” with DBS over the root cause of a disruption to the bank’s digital services on May 2. Read more at The ...
Singapore stocks kicked off on Tuesday—STI up by 0.2%
SINGAPORE: Singapore stocks ... were gaining than losing in the broader market, with 55 gainers for every 36 losers, after 21 million securities valued at S$37.6 million changed hands. The most traded ...
OCBC remains stable amidst strong credit fundamentals: Moody’s
OCBC will remain stable at least until next year amidst projected strong credit fundamentals in 2024-2025, according to Moody’s.
Waterbomb Singapore 2024: Festival Dates, Line-Up, Tickets And More
Making its debut splash in Singapore this year is the iconic water music festival WATERBOMB. Originating from South Korea, the city-state will hold WATERBOMB SINGAPORE 2024 on 24 and 25 August 2024.
Singapore Stock Market May Find Additional Support On Tuesday
The Singapore stock market rebounded on Monday, one session after ending the three-day winning streak in which it had risen more than ...
Jollibee founder Tony Tan backs hotel SPAC deal despite lull in IPOs
SINGAPORE -- The founder of the Philippine fast-food giant Jollibee, Tony Tan, is throwing his full weight behind the initial public offering of a hotel brand on New York's Nasdaq via a merger with a ...
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
SINGAPORE stocks entered Tuesday (May 7) morning slightly stronger following overnight gains on Wall Street and Europe brought about by optimism over potential rate cuts by central banks. Read more at ...
2 men convicted in $3b money laundering case deported to Cambodia, barred from re-entering Singapore
SINGAPORE - Two men convicted in Singapore's largest money laundering case were deported to Cambodia on Monday (May 6). Su Wenqiang and Wang Baosen, both 32, will be barred from re-entering Singapore, ...
No shortage of candidates to be Singapore’s next finance minister
DEPUTY Prime Minister Lawrence Wong will soon announce his new Cabinet, a few days before he is sworn in as Singapore’s fourth prime minister on May 15. Read more at The Business Times.
4 Asset Classes That Low-Risk Singapore Investors Can Invest In Now
Singapore investors who aim for a return of between 5% and 7% p.a. prefer four low-risk asset classes, such as fixed deposits and government bonds.
Singapore leads APAC in attracting cross-border capital
Overseas investments made up 45.6% of Singapore's capital in 1Q24. Singapore received the highest portion of cross-border capital in Asia-Pacific, receiving US$906m from institutional investors.
Glencore, PT Chandra Asri nears $1bn deal for Shell’s Singapore assets
Indonesia’s PT Chandra Asri Pacific is expected to become operator and majority owner of Shell’s Singapore assets.
HSBC names ex-Citi banker as head of global banking in Singapore
Gilbert Ng has experience in corporate finance and risk management. HSBC has announced Gilbert Ng as the new head of global banking (GB) in Singapore, effective 2 May. Ng is tasked with growing the ...
Luxury watch investment firm in breach of contract over timepieces worth $2.5m: High Court
The company was ordered to repurchase the watches at the prices it had offered. Read more at straitstimes.com.
Singapore reviewing proposal by SVCA to revive local stock market: FT
The document, according to the FT, is being reviewed by the Singapore Exchange S68 - Other agencies involved include the Economic Development Board, the Monetary Authority of Singapore and the ...