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Tag: finance

Posted on 03/08/2025

How Singapore’s economic architect Goh Keng Swee shaped its state-linked giants

As Singapore's first finance minister, colleagues say he built state firms with the rigour of a businessman and vision of a nation-builder The First Fools: B-Sides of Lee Kuan Yew's A-Team is a new ...

Posted on 03/08/2025

Singaporeans’ investment in gold jumps 37%

Singapore's investment in gold bar and coins jumped 37% year-on-year to 2.2 tonnes in the second quarter. The figure was lower than the historic high of 2.5 tonnes recorded in the first quarter, ...

Posted on 03/08/2025

Singapore, Cambodia solidify joint efforts in energy, climate finance …

[SINGAPORE] South-east Asian neighbours Singapore and Cambodia intend to continue advancing shared interests in renewable energy trade, high-quality carbon markets, agri-trade and in bolstering Asean ...

Posted on 02/08/2025

Launch of Global Impact Champions Awards for Financial Health

The Global Impact Champions Awards for Financial Health aim to accelerate this shift by spotlighting innovators who deliver measurable improvements in people's financial lives. The awards will ...

Posted on 02/08/2025

Board of agri commodity exporter approves 12% stake purchase by Singapore-based firm

The strategic investment will be structured through a mutually suitable method such as preferential allotment, Qualified Institutional Placement (QIP), or a Rights Issue, the company stated.

Posted on 02/08/2025

Board of Ahmedabad-based agri commodity exporter approves 12% stake purchase by Singapore-based firm

The strategic investment will be structured through a mutually suitable method such as preferential allotment, Qualified Institutional Placement (QIP), or a Rights Issue.

Posted on 02/08/2025

OCBC sees a more challenging 2HFY2025; analysts maintain ‘hold’ calls

Citi's Tan Yong Hong lowered his FY2025 DPS forecast to 96 cents while DBS's Lim Rui Wen believes there may be potential reallocation among the Singapore banks on lower dividends.

Posted on 02/08/2025

MAS Appoints 3 Asset Managers To Invest In Singapore Stocks. What This Means For Local Investors

MAS has appointed three asset managers to deploy $1.1 billion into Singapore-listed stocks to revitalise the local SGX equities market.

Posted on 02/08/2025

Retiring OCBC CEO to spend more time with family in Hong Kong, but will not leave Singapore completely

Current group CEO Helen Wong said the bank had identified potential candidates internally, while doing a “comprehensive global search”, before deciding on Mr Tan Teck Long, its current head of global ...

Posted on 02/08/2025

Genting Singapore sees another leadership shuffle with new COO and CFO appointments

Lee Shi Ruh has been appointed president and chief operating officer (COO), filling a position that had been vacant for three years. Read more at The Business Times.

Posted on 01/08/2025

Singapore fines Standard Chartered entities $4.9 mln for money …

Singapore's central bank imposed penalties of S$5.2 million ($3.95 million) on Standard Chartered Bank (SCBC) and S$1.2 million on Standard Chartered Trust (Singapore) (SCTS) for breaching money ...

Posted on 01/08/2025

OCBC Q2 profit drops 7% as interest rates fall; CEO flags tariff headwinds

The bank declared an interim dividend of 41 cents, down from 44 cents a year ago. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

OCBC CEO-designate Tan Teck Long looks to continue ‘One Group’ strategy, boost synergy

SINGAPORE] OCBC’s incoming chief executive will continue to bank on its “One Group” approach to boost growth and synergy. Read more at The Business Times.

Posted on 01/08/2025

OCBC Q2 profit drops 7% to $1.82b as interest rates fall, to pay lower interim dividend

Bank to pay interim dividend of 41 cents, down from 44 cents a year ago. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/08/2025

UOB trims One Account interest rate again; maximum 2.5% per annum on first S$150,000

SINGAPORE] UOB is cutting interest rates on its flagship savings account, the One Account, for the second time in 2025. Read more at The Business Times.

Posted on 01/08/2025

UOB to trim deposit rates on flagship account from Sept 1 after OCBC cut; DBS stays unchanged

Rates on UOB One to come down for the third time in 2 years; OCBC 360 rates down twice in 2025 Read more at straitstimes.com. Read more at straitstimes.com.

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