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Tag: finance

Posted on 29/10/2023

Prudential looking to invest in more sports in Singapore

The life insurer is the title sponsor for the Tour de France Singapore Criterium. Read more at straitstimes.com.

Posted on 29/10/2023

Bitcoin-friendly El Salvador can become ‘Singapore of the Americas’: VanEck advisor

VanEck strategy advisor Gabor Gurbacs says Bitcoin-friendly El Salvador could become the “Singapore of the Americas” and expects a wave of new investment capital and immigration to flow into the ...

Posted on 29/10/2023

Bitcoin-friendly El Salvador can become the ‘Singapore of the Americas’: VanEck advisor

VanEck strategy advisor Gabor Gurbacs says Bitcoin-friendly El Salvador could become the “Singapore of the Americas” and expects a wave of new investment capital and immigration to flow into the ...

Posted on 29/10/2023

Woman shocked after getting letter that says UOB will close her accounts

The letter, which was a computer-generated one that does not require a signature, has the heading “CLOSURE OF UOB ACCOUNTS.” In it, Ms Goh was informed that by November 15, 2023, the bank will be ...

Posted on 28/10/2023

China’s Salvoes Spur New Focus on Geopolitical Investing

Bloomberg’s New Economy Forum returns to Singapore Nov. 8-10 as the world’s most influential leaders gather to address critical issues facing the global economy. This year’s theme, “Embracing ...

Posted on 28/10/2023

The Singapore Dream no longer just the ‘5Cs’ but leading purposeful lives, says DPM Wong

The "Singapore Dream" is no longer solely about material success — it now encompasses fulfilment, meaning and purpose in people’s lives, said Deputy Prime Minister Lawrence Wong on Friday (Oct 27).

Posted on 28/10/2023

UOB’s third-quarter net profit fell approximately 1.4% year-on-year

Notably, the bank highlighted increased provisions for credit and other losses as a primary reason for the slightly lower-than-expected profit.

Posted on 28/10/2023

The Big Read: With no foolproof way to prevent banking and e-payment services outages, what can businesses and consumers do?

A long-awaited date with her national serviceman boyfriend for Nazrana Shaheen ended up being cut short, no thanks to a banking services disruption by ...

Posted on 28/10/2023

OCBC customers to receive e-mails and push notifications instead of SMSes for banking activities

In a push notification sent to OCBC customers on Thursday, the bank said they will no longer send SMS messages as the default method to inform customers about banking activities such as payments and ...

Posted on 28/10/2023

Top Stock Market Highlights of the Week: Singapore’s Core Inflation, Tourist Arrivals and 6-Month Treasury Bill

Welcome to this week’s edition of top stock market highlights. There is more good news for consumers who have had to endure the rising prices of goods and services. Singapore’s core inflation for ...

Posted on 28/10/2023

Car dealer used almost S$264,000 in customers’ down payments to invest in China, gets jail

Wong Sang Keng invested S$200,000 in a wine business in China but lost it all when foreign authorities seized the alcohol.

Posted on 28/10/2023

Announcing Elapath Energy’s $200 Million Mandate for Solar Innovations in Singapore, Facilitated by Ratsamy Consulting

In a landmark move for the renewable energy landscape, Elapath Energy, a globally renowned solar panel installation and manufacturing leader, has secured a significant contract worth $200,000,000.

Posted on 27/10/2023

Sheffield Green’s IPO shares fully subscribed; shares priced at 25 cents apiece

Based on the offering price, Sheffield Green’s post-offering market capitalisation is expected to be approximately $46.6 million.

Posted on 27/10/2023

Standard Chartered Names Next GC for Global Investment Banking

London-headquartered Standard Chartered currently has a presence in 57 markets. Although listed on the London and Hong Kong Stock Exchange, the bank has no branches in the U.K, and derives 90% of its ...

Posted on 27/10/2023

Standard Chartered’s third-quarter pre-tax profit falls by half to US$633 million on mounting bad loan provisions to China’s property sector

Standard Chartered reported worse-than-expected earnings for the third quarter because of high impairment charges related to exposure to China’s property sector.

Posted on 27/10/2023

OCBC customers to receive e-mails and push notifications instead of SMS for banking activities

In a push notification sent to OCBC customers on Thursday, the bank said they will no longer send SMS messages as the default method to inform customers about banking activities such as payments and ...

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