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Tag: finance

Posted on 15/05/2024

Seatrium, Other Singapore Stocks Slump After Being Cut From MSCI Index

By Kimberley Kao A handful of Singapore stocks led by Seatrium fell Wednesday after stock market index compiler MSCI removed the companies from its ...

Posted on 15/05/2024

Best Fixed Deposit Rates in Singapore (May 2024)—Rates Up To 3.75%, 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 ...

Posted on 15/05/2024

CGS International and DBS maintain bullish stance on Frasers Property even with 1HFY2024 miss

CGS International and DBS Group Research have kept their respective positive calls on Frasers Property , following lower-than-expected 1HFY2024 earnings, no thanks to fair value losses booked for its ...

Posted on 15/05/2024

Singapore to get guitar-playing new PM in first transfer of power for 20 years

Lee Hsien Loong will stand down and hand power to his deputy Lawrence Wong at a challenging time for the city state ...

Posted on 15/05/2024

Singapore budgets $2.4B to boost ICT infrastructures and digital services

At least 60% of this figure, which is budgeted for ICT procurements in Singapore's fiscal 2024, will go toward modernizing and improving the country's digital infrastructures. At SG$2.1 billion, the ...

Posted on 15/05/2024

Singapore shares fell on Wednesday—STI dipped by 0.4%

SINGAPORE: Singapore shares fell on Wednesday morning due to declines among index counters after a... The post Singapore shares fell on Wednesday—STI dipped by 0.4% appeared first on The Independent S ...

Posted on 15/05/2024

Bank of Singapore ‘bullish on Hong Kong’ as it hires bankers to tap growth opportunities in China, CEO says

Bank of Singapore, the private banking unit of Oversea-Chinese Banking Corp (OCBC), is expanding its family office business in Hong Kong, as it is bullish about its growth prospects in the city and ...

Posted on 15/05/2024

Standard Chartered completes Euro-denominated cross-border transactions on Partior network

First Euro settlement bank to go live on global unified ledger for clearing and settlement Singapore – Standard Chartered today announced the successful completion of Euro-denominated cross-border ...

Posted on 15/05/2024

$3b money laundering case: 6th man gets jail and forfeits $180m, highest amount of assets seized

The accused in Singapore’s $3 billion money laundering case who faced the most number of charges has also forfeited the most amount of assets seized to the state. Vang Shuiming, 43, was sentenced to ...

Posted on 15/05/2024

Commentary: Lawrence Wong as Prime Minister and Finance Minister – it could give him an advantage

Lawrence Wong will remain Finance Minister after he becomes Prime Minister on Wednesday (May 15). Double-hatting gives him the opportunity to front the next Budget before the General Election is ...

Posted on 15/05/2024

Singapore To Swear In Lawrence Wong As New Prime Minister

"The core principle of what Singapore is about will remain because it is a system that has worked for many years. But I think his style may be slightly different because he comes from a different ...

Posted on 15/05/2024

End of Lee era for Singapore as PM steps down

After 20 years in power Lee Hsien Loong is stepping down, marking the end of a political era for the tiny island nation.

Posted on 15/05/2024

Lawrence Wong set to take centre stage as Singapore’s new prime minister

Singapore – For the first time in 20 years, Singapore will inaugurate a new prime minister, Minister for Finance and Deputy Prime Minister Lawrence Wong, who will take the reins of power in a ceremony ...

Posted on 15/05/2024

Asia Minute: Singapore’s new PM does more than play Taylor Swift songs

For the first time in two decades, Singapore is getting a new leader. The new prime minister will be sworn in on Wednesday — but don't look for any radical changes. HPR's Bill Dorman has more in today ...

Posted on 15/05/2024

$3b money laundering case: Man gets jail, forfeits highest amount of assets seized

Vang Shuiming, 43, was sentenced to 13 months and six weeks’ jail after pleading guilty on May 14 to two counts of money laundering and one count of submitting a forged document to a bank. Nineteen ...

Posted on 15/05/2024

Singapore E-Commerce Giant Sea Is Up After Topping Estimates

Shares of Sea Ltd. jumped after the Southeast Asia e-commerce giant reported first-quarter earnings that exceeded analysts’ estimates, a sign that it has been successfully navigating fierce ...

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