The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced the launch of two new e-payment solutions slated for mid-2025. This is aimed at facilitating ...
Jefferies raises target prices, EPS forecasts on Singapore’s three banks, assumes $2 bil buybacks each next year
Jefferies analysts Sam Wong, Joseph Dickerson and Chen Shujin assume $2 billion additional buybacks for each of Singapore’s three banks in FY2025. They remain bullish on the sector's long-term ...
Two new e-payment methods in mid-2025 as S’pore moves to phase out corporate cheques
The deadline to cease corporate cheques is extended to end-2026; retail cheques will remain available. Read more at straitstimes.com.
4 Singapore Blue-Chip Stocks That Conducted Share Buybacks Last Week
We feature four blue-chip stocks that bought back their shares last week. The post 4 Singapore Blue-Chip Stocks That Conducted Share Buybacks Last Week appeared first on The Smart Investor.
Singapore’s Aelios offers to buy rest of Suntec REIT
Singapore's Aelios, owned by billionaire couple Gordon and Celine Tang, on Thursday launched a mandatory general offer to buy shares in Suntec Real Estate Investment Trust that valued the REIT at S$3.
Singapore stocks fell on Friday’s open—STI dropped 0.4%
SINGAPORE: Singapore stocks opened lower on Friday (Dec 6), mirroring declines in the broader Asian market. The Straits Times Index (STI) dropped 0.4%, or 14.78 points, to 3,807.9 by 9:03 am, The ...
DBS hires more Russian-speaking bankers amid possible sanctions
DBS appears to be bucking the trends followed by other banks. Bloomberg pointed out that out of concern over possible penalties from Europe and the United States, banks such as HSBC and UBS have ...
Singapore’s Bank Stock Rally Pushes Market Near Record High
Singapore’s stock market edged closer to an all-time high on Thursday, after a prolonged rally in bank shares.
2 digital payment solutions to be rolled out in mid-2025 as Singapore phases out cheques
Two new electronic payment methods for individuals and companies will be introduced in mid-2025, as part of moves to phase out cheques. They will be available on digital banking platforms of seven ...
UOB teams up with Disney Cruise Line to deliver magical travel experiences for ASEAN consumers
UOB today announced an exciting strategic collaboration with Disney Cruise Line as the first regional Bank offering UOB cardholders across Singapore, ...
Retail sales in Singapore up by 2.2% in October, boosted by motor vehicle sales
Retailers continue to enjoy increased turnover in the lead-up to Christmas, with vehicle buyers helping drive revenue higher in October. Read more at straitstimes.com.
2 new e-payment methods launching in mid-2025 as Singapore phases out cheques
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.