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Tag: finance

Posted on 06/10/2023

Singapore retail sales growth rises to higher-than-expected 4% in August

SINGAPORE’S retail sales rose 4 per cent on year in August, climbing from the revised 1.3 per cent growth recorded in July, Department of Statistics (Singstat) data showed on Thursday (Oct 5). Read ...

Posted on 05/10/2023

4 Singapore Stocks with Growth and Dividends That Are Perfect for a Retirement Portfolio

Growth investing emphasizes the increase in the value of your investment ... though – it is possible to enjoy the best of both worlds. We highlight four Singapore stocks with the potential to deliver ...

Posted on 05/10/2023

Singapore stocks rise with Wall Street rally, STI up 0.2%

SINGAPORE – A modest rebound on Wall Street overnight after ... Wall Street’s relief rally came after a slight fall in Treasury yields, with investment bank Saxo’s Apac strategy team noting that the ...

Posted on 05/10/2023

Poly, ITE students to be offered stints with UOB under bank’s new work-study programme

SINGAPORE – Polytechnic and Institute of Technical Education students will from 2024 have a shot at taking on roles such as assistant relationship manager or credit analyst at UOB for a year, prior to ...

Posted on 05/10/2023

UOB announces 3 new initiatives in Singapore, aimed at supporting employees across all career stages

The UUP targets to reach 500 students over three years. The new UOB Better U Campus Keeping in mind that reskilling and upskilling remain top-of-mind concerns for employees in Singapore, and a ...

Posted on 05/10/2023

Sheng Siong Group seen as defensive play amid rising inflation and slower economic growth: OCBC

The team at OCBC Investment Research (OIR) has kept its “buy” call on Sheng Siong Group OV8 - The lower estimate was due to the team’s adjustments on sales growth, gross margin and administrative ...

Posted on 05/10/2023

Business confidence rises as Singapore CEOs defy global challenges with investments into generative AI, ESG: KPMG 2023 CEO Outlook

a significant increase from 76% in 2022 Over half of Singapore CEOs or 52% are shifting capital investments towards skilling their workforce for an AI-driven future Majority of CEOs see their ESG ...

Posted on 05/10/2023

Interest rates and returns for Singapore Savings Bonds (SSB) in October 2023

With the increased attention towards personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ...

Posted on 05/10/2023

Singapore Shares Due For Support On Thursday

The Singapore stock market has moved lower in three straight sessions, falling more than 70 points or 2.6 percent along the way. The ...

Posted on 05/10/2023

3 Singapore Blue-Chips with Share Prices at a 52-Week Low: Are They a Bargain?

We sift out three Singapore blue-chip stocks whose share prices have hit ... However, distribution per unit (DPU) fell by 12.8% year on year to S$0.0218 because of higher finance costs and weaker ...

Posted on 05/10/2023

Asian Banking Giant DBS Is Patiently Wading Into Crypto

One seasoned traditional finance player wasn’t in much of a rush, though. Singapore-based DBS Bank, a regional banking behemoth headquartered in the same venue as the conference, Marina Bay Sands, ...

Posted on 04/10/2023

Temasek hires Goldman Sachs for Singapore Power’s 40% stake sale in Aussie energy firm Jemena – AFR

Temasek has hired Goldman Sachs to find a buyer for its unit Singapore Power's 40% stake in Australian gas and electricity distributor Jemena, the Australian Financial Review reported on Wednesday.

Posted on 04/10/2023

Why the bank of the future is not really a bank

In the past year, ANEXT Bank has been embarking on discovering the best way to service Singapore’s underserved small and medium enterprises (SMEs). Business loans were offered for as low as S$5,000 ...

Posted on 04/10/2023

Singapore Reits hammered by interest rate fears as bond yields soar

While the higher-for-longer outlook for interest rates has mauled stock markets, the real estate segment, and in particular the Reits sector, has borne the full force of the sell-down this week. Many ...

Posted on 04/10/2023

9 in 10 S’porean finance leaders spend their time on manual back-office tasks

About 40% of finance leaders in Singapore prioritise investments in automation. 89% of finance leaders in Singapore spend more than half of their time on these manual back-office tasks significantly ...

Posted on 04/10/2023

UOB joins LCH as a member of SwapClear and ForexClear

The bank’s inclusion marks the completion of all Singapore local banking groups joining as direct members of SwapClear.

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