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Tag: finance

Posted on 14/05/2025

Brookfield Seeks $380 Million Industrial Portfolio in Singapore

Brookfield Asset Management is seeking to buy a Singapore industrial portfolio from a real estate investment trust backed by state investor Temasek Holdings Pte, according to people familiar with the ...

Posted on 14/05/2025

Jail for man who set up bank account in Singapore that received over S$338,000 in scam proceeds

SINGAPORE: In exchange for cash, a man became a "consultant" in a scheme by helping to set up a bank account that received over S$338,000 in proceeds from an investment scam.

Posted on 14/05/2025

Woman saved from losing $100,000 to scammers pretending to be bank, MAS employees

The 64-year-old woman was told she was under investigation for money laundering. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 14/05/2025

Singapore Airlines Expected to Report Flat Annual Profit — Earnings Preview

NET PROFIT FORECAST: Singapore's flagship airline is expected to record net profit of 2.68 billion Singapore dollars, equivalent to US$2.06 billion, for the year ended March, according to a poll of ...

Posted on 14/05/2025

OCBC merges securities units to boost wealth flows

OCBC is set to integrate its securities businesses, including OCBC Securities Pte Ltd (OSPL), OCBC Securities Brokerage (Hong Kong) Limited (OSBHK), and PT OCBC Sekuritas (Indonesia), into its global ...

Posted on 14/05/2025

OCBC merges stockbroking businesses into global markets division

SINGAPORE] OCBC will integrate its securities business, which is under its stockbroking subsidiaries, into its global markets division on Jul 1, 2025. Read more at The Business Times.

Posted on 14/05/2025

Cariflex Opens World’s Largest Polyisoprene Latex Plant in Singapore, Following Over US$350 Million Investment

Cariflex Pte. Ltd. (Cariflex), the global market leader in polyisoprene rubber latex for medical-end markets and wholly owned subsidiary of DL Chemical Co., Ltd. (DL Chemical), officially inaugurated ...

Posted on 14/05/2025

GXS Bank CEO to retire, GX Bank CEO to take over

SINGAPORE] GXS Bank has announced that chief executive Muthukrishnan Ramaswami will be retiring on May 31. Read more at The Business Times.

Posted on 14/05/2025

OCBC maintains ‘buy’ call on Boustead Singapore with new contracts bringing order book to $428 million

Ada Lim of OCBC Investment Research has kept her "buy" call and $1.39 fair value on Boustead Singapore after the engineering company replenished its order book to $428 million. Lim says that when the ...

Posted on 14/05/2025

5 Singapore Blue-Chip Stocks with Dividend Yields of 5.4% or Higher

These blue-chip stocks can offer attractive dividend yields for income investors. The post 5 Singapore Blue-Chip Stocks with Dividend Yields of 5.4% or Higher appeared first on The Smart Investor.

Posted on 14/05/2025

Singapore’s Abaxx Exchange to launch new gold contract

SINGAPORE-based startup Abaxx Exchange is launching a new physical gold contract next month, seeking to challenge London and New York’s grip on the global bullion market following gold’s record price ...

Posted on 13/05/2025

Exploring Gold Investment: How to Buy, Store, and Sell Gold Bars in Singapore

If you're planning to purchase gold bars, it's crucial to select an authorized dealer. What's important is to search for dealers who have been vetted and authorized and ensure that ...

Posted on 13/05/2025

NTT Data Group Plans Key Investor Meetings Ahead of Singapore IPO, Sources Say

Japan’s NTT Data Group is set to start meeting select investors soon ahead of its proposed listing of a new Singapore real-estate investment trust, people familiar with the process said.

Posted on 13/05/2025

OxPay Financial appoints co-founder of AXS as COO for subsidiary OxPay SG

OxPay SG, a subsidiary of OxPay Financial, appoints Chin Mun Chung as COO, and awaits MAS approval for his appointment as CEO of OxPay SG.

Posted on 13/05/2025

Singapore sees gold rush as investors flock to bullion amid global uncertainty

By bno - Surabaya Office Physical gold sales in Singapore surged in the first four months of 2025, with bullion demand reaching 2.5 tonnes in the first quarter, up 35% year-on-year, marking the ...

Posted on 13/05/2025

Investors should prepare well for tightened scrutiny in Singapore M&A

New regulation to protect national security interests and regulatory scrutiny of mergers mean investors need to be ready to address potential deal roadblocks ...

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