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Tag: finance

Posted on 11/09/2024

Economists Upgrade Singapore 2024 Growth Forecast, Central Bank Survey Shows

The median forecast of 21 economists surveyed by the Monetary Authority of Singapore (MAS) is for the economy to grow 2.6% this year, up from a forecast of 2.4% in surveys done in March and June. They ...

Posted on 11/09/2024

Imminent Interest Rate Cut: Is It Time to Sell Singapore Banks?

With the imminent rate cut, can Singapore banks sustain their dividends? The post Imminent Interest Rate Cut: Is It Time to Sell Singapore Banks? appeared first on The Smart Investor.

Posted on 11/09/2024

DBS in Early Talks for Insurance Collaborations in India, Taiwan

DBS Group Holdings is in early discussions to expand its insurance offerings in India and Taiwan through new bancassurance partnerships.

Posted on 11/09/2024

Investors increasingly spreading their wealth amid global uncertainties: HSBC

The next generation of business leaders are doing the same for firms’ operations for a sustainable future. Read more at straitstimes.com.

Posted on 11/09/2024

PN Gadgil Jewellers IPO Opens Today: Price Band, GMP, And Key Details Revealed

The company's share price is set within the range of Rs 456-480 per share, and its market capitalisation post-issue is expected to exceed Rs 6,500 crore ...

Posted on 10/09/2024

STI hits 52-week high on strong market sentiment; Singtel gains 3.2%

SINGAPORE - The Straits Times Index (STI) rode a wave of stock market optimism to hit a 52-week intraday high of 3,523.47 points on Sept 10. It also achieved its highest close in 52 weeks, at 3,512.67 ...

Posted on 10/09/2024

Singapore’s CPF urges foreign contributors to withdraw savings after account closure

Board has called on all foreigners who have previously contributed to the social security scheme to transfer out their savings following their accounts being closed automatically in April.

Posted on 10/09/2024

Jail, caning for man who gave Singpass and bank details to ‘Devil’, committed theft and drug offences

Yeh Chia Wei's details were used for the facilitation of scams involving some $2.6 million. Read more at straitstimes.com.

Posted on 10/09/2024

Standard Chartered launches digital asset custody service in the UAE

Standard Chartered today announced its highly anticipated digital asset custody service in the UAE. The groundbreaking offering has been granted a licence by the Dubai Financial Services Authority ...

Posted on 10/09/2024

Singapore-based fund to invest up to $10mln in Philippines solar company

Under the Philippine Energy Plan, the government wants to increase the share of RE in the power generation mix from 22 percent to 35 percent by 2030 and 50 percent by 2040 ...

Posted on 10/09/2024

DBS said to tap Goldman Sachs to help find insurance partner in India, Taiwan

DBS Group Holdings is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with the matter. Read more at The Business Times ...

Posted on 10/09/2024

Singapore stocks rose on Tuesday’s open—STI increased by 0.5%

The broader S&P 500 and the tech-heavy Nasdaq Composite also climbed by 1.2%, closing at 5,471.05 and 16,884.60, respectively ...

Posted on 10/09/2024

DBS Is Said to Tap Goldman Sachs to Help Find Insurance Partner in India, Taiwan

DBS Group Holdings Ltd. is considering forming insurance partnerships in India and Taiwan to expand its services in the region, according to people familiar with the matter.

Posted on 10/09/2024

Singapore Bourse May Extend Monday’s Gains

The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of ...

Posted on 10/09/2024

Singapore VC Raises Startup Debt Fund Amid Depressed Valuations

Genesis Alternative Ventures, a private lender to ventures and growth-stage companies, closed its second debt fund at the lower end of its target as global investors remain cautious about Southeast ...

Posted on 10/09/2024

Singapore shares rebound mirroring global market gains; STI up 1.2%

SINGAPORE shares began Tuesday (Sep 10) trading in positive territory, mirroring overnight gains in global markets. Read more at The Business Times.

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