Singapore-based companies to sign S$5b MoUs with Tamil Nadu Government at Global Investors Meet 2024 in Chennai, creating 6,200 jobs.
9 Best Air Miles Credit Cards in Singapore (2024)
Ah, the air miles credit card. Clearly the most glamorous of all credit cards. Every time you use one, you’re reinforcing your image as a globetrotting, wanderlusting, jet-setter. But more importantly ...
At least 83 victims lost $155,000 in DBS phishing scam since the start of January
In this scam variant, scammers would impersonate DBS bank through spoofed SMSes. Read more at straitstimes.com.
Johor state govt proposes Iskandar Malaysia be designated special economic zone with Singapore
A memorandum of understanding on the SEZ is expected to be inked by both sides on Jan 11. Read more at straitstimes.com.
Singapore stocks snap 2024 losing streak as STI gains 0.3%
SINGAPORE - After being on a losing streak since the start of 2024, local stocks regained some bounce on Jan 5 amid mixed trading in the region. Read more at straitstimes.com.
Lazada S’pore retrenches staff at start of 2024 ahead of possible IPO, fails to notify union
Lazada, unionised under FDAWU, did not notify or consult FDAWU before it initiated a retrenchment exercise. FDAWU has since written to Lazada to express their disappointment, stating that such a move ...
OCBC Investment Research lowers Seatrium’s TP to 17.5 cents as offshore wind faces ‘stumbling blocks’
For the FY2023, the OCBC team is expecting Seatrium to report a patmi loss of $15.0 million. It is, however, expecting the group to turnaround to profitability with a patmi estimate of $127 million in ...
DBS: S-REITs will continue to be net outperformers in 2024
SINGAPORE: Singapore Real Estate Investment Trusts (S-REITs) marked a robust end to 2023, witnessing a... The post DBS: S-REITs will continue to be net outperformers in 2024 appeared first on The Inde ...
DBS lifts Bumitama Agri’s FY2023 earnings after 9MFY2023 earnings surpass expectations
In FY2023 ended Dec 31, 2023, the analyst forecasts an average selling price (ASP) of IDR10,584 (91 cents) per kg and earnings of IDR1.6 trillion, which is down by 43% y-o-y but 38% higher than his ...
Singapore Increases Goods and Services Tax for 2024
Singapore has increased its goods and services tax (GST) rate by one percent to nine percent as of January 1, 2024.
‘Green is not enough’: UOB chief sustainability officer on mainstreaming transition finance
While transition finance is becoming more well-accepted in Asia, UOB's Eric Lim says that clear sectoral and national regulatory guidance are needed to help companies publish high-quality ...
UOB Kay Hian keeps ‘overweight’ rating on ‘defensive’ S-REITs; blue chip S-REITs preferred
UOB Kay Hian analyst Jonathan Koh has kept his “overweight” rating on Singapore REITs (S-REITs) after interest rates seem to have peaked. The US Federal Reserve has paused its rate hikes for the third ...
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (9 January 2024)
The latest six-month Treasury Bills (T-bills) to be issued on 9 January 2024 had a cut-off yield of 3.74 per cent per annum, and the cut-off price was 98.135. With a S$12.8 billion applied amount, the ...
Lazada axes Singapore staff amid speculation of upcoming IPO
SINGAPORE - Regional e-commerce company Lazada on Jan 3 laid off an undisclosed number of its Singapore staff. In response to queries from The Straits Times, a Lazada spokesman said: “We are making ...
Singapore shares fall for third straight day; STI down 0.8%
SINGAPORE shares fell for the third consecutive day on Thursday (Jan 4), tracking a broader decline across the region. Read more at The Business Times.
Looking for Higher Dividends? 4 Singapore Stocks That Look Poised to Pay Out More in 2024
Luckily, the Singapore stock market is not short of companies that dish out a dividend. Here are four that look well-positioned to increase their payout this year. DBS needs no introduction, being ...