To feel financially free, the average consumer in Singapore would have to save at least $1,733 per month over approximately 27 years to accumulate a median savings of $566,640, according to a survey ...
Singapore: MAS to Strengthen Defense Against Money Laundering Risks in Single Family Offices
MAS recently launched a public consultation on a revised framework to strengthen surveillance and defense against money laundering.
HSBC Is as Good as It Gets — For European Investors Anyway
a bank with a similar business model to HSBC, is set to make just 11.2%. JPMorgan Chase & Co., which benefits from a hugely profitable US retail business, is expected to make 21% and DBS Group of ...
Singapore’s GIC boosts infrastructure investment in India, Vietnam
SINGAPORE -- Singaporean sovereign wealth fund GIC is focusing on infrastructure investments and moving money from China to India and Southeast Asia, looking for more stable returns than those ...
Wirecard’s auditor EY was too gullible, Singapore suspect claims
A key suspect in the Wirecard fraud stated that the firm’s auditor EY was too gullible as it accepted fabricated letters confirming millions of euros in cash without any further checks, a court in ...
Singapore fintech funding at 3-year low, but experts say recovery near
SINGAPORE fintech funding sank to a three-year low in the first half of 2023 as rising interest rates and economic headwinds continued to dent investor sentiment, but experts believe a recovery is on ...
FUTUREGRAIL’S INAUGURAL ONLINE AUCTION OF COLLECTIBLE TIMEPIECES IN SINGAPORE
Singapore-based premier investment advisory firm for high-end watches, FutureGrail, is pleased to announce its inaugural online auction of collectible timepieces, going live on 8th September and ...
Ways to Start Investing For Your Children to Give Them a Financial Head-Start
How to start investing for my children?” If that is a nagging question in your mind, read on because this article will discuss the financial goals you should set for your little ones and how you can ...
Concord Biotech IPO to open on August 4. Here are 10 things to know about the offer
The initial public offering (IPO) of Concord Biotech will open for subscription on August 4. The issue closes on August 8. The company's shares are expected to get listed on both the exchanges. Here ...
Global and Singapore fintech funding reduced, alongside dip in late stage funding, given rising interest rates and economic headwinds
Within the crypto space globally, Singapore has gained prominence among investors and startups as a strong forerunner. This comes as the nation has in place regulations such as the Payment Services ...
Insurance veteran to run for Singapore’s presidential seat
He became CEO of Income Insurance (formerly NTUC Income) up until 2007. Finance and insurance veteran, Tan Kin Lian, announced in a social media post his application for a certificate of eligibility ...
OCBC customers can use banking app to pay via UnionPay QR code in Thailand, M’sia, China & other markets from Aug. 4
OCBC customers will be able to use their OCBC Digital app to easily pay UnionPay QR-enabled merchants in 47 markets, including Singapore, starting Aug. 4, 2023.
OCBC launches UnionPay QR feature for cross-border payments
OCBC Digital banking app users will be able to make cross-border retail payments in 47 markets, using a new UnionPay QR feature that is slated to launch on Aug 4. Read more at The Business Times.
Oriana Power IPO: Find GMP, price band, subscription, key investors and other details here
The company will deploy the proceeds towards meeting its working capital requirements, investment in subsidiaries, capital expenditure ...
Singapore PM Lee Hsien Loong to address political scandals in Parliament on Wednesday (Aug 2)
Singapore’s Prime Minister Lee Hsien Loong will address the ongoing graft investigation involving Transport Minister S. Iswaran and property billionaire Ong Beng Seng in parliament on Wednesday (Aug 2 ...
OCBC collaborates with UnionPay QR to expand cross-border payment options
This scan-and-pay feature is the result of an agreement signed between OCBC and UnionPay International (UPI) in April 2023, and is the latest cross-border payment collaboration for OCBC.