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Tag: finance

Posted on 20/03/2023

Govt measures on property market ‘not a worry for now’ though demand is softening: DBS

DBS analysts believe demand is likely to taper off in 2023 with the natural cooling effect from a rise in mortgage rates.

Posted on 20/03/2023

Singapore Central Bank Says No Interruption to Credit Suisse Operations

Singapore's central bank said Credit Suisse Group would continue operating in the city-state without any curbs, adding that it expected no impact of the Swiss bank's takeover by UBS Group on the ...

Posted on 20/03/2023

Singapore, Hong Kong downplay Credit Suisse turmoil as stocks dip

Financial authorities in Asia have moved to downplay the local impact of the turmoil at Credit Suisse, saying they do not expect the takeover of the troubled Swiss bank to affect the stability of ...

Posted on 20/03/2023

MAS says Credit Suisse’s Singapore operations unaffected, local banking stability to remain intact

CREDIT Suisse Group will “continue operating in Singapore with no interruptions or restrictions” following its announced takeover by UBS, the Monetary Authority of Singapore (MAS) indicated. Read more ...

Posted on 20/03/2023

Credit Suisse operations in Singapore uninterrupted by UBS takeover deal: MAS

SINGAPORE: Credit Suisse will continue operating in Singapore without interruption, the Monetary Authority of Singapore (MAS) said on Monday (Mar 20), after it was announced that the troubled bank ...

Posted on 20/03/2023

Singapore, Hong Kong Seek to Calm Nerves Over Credit Suisse Deal

Financial authorities in Singapore and Hong Kong gave assurances Credit Suisse Group AG will remain open for business and its fallout won’t affect their markets after UBS Group AG agreed to buy the ...

Posted on 20/03/2023

Credit Suisse Will Continue Operating in Singapore, MAS Says

Credit Suisse Group AG Will continue operating in Singapore with no interruptions or restrictions following UBS Group ...

Posted on 20/03/2023

Singapore shares fall at Monday’s open; STI down 0.32 per cent

SINGAPORE stocks opened lower on Monday (Mar 20), tracking losses in global markets following ongoing banking woes worldwide. Read more at The Business Times.

Posted on 20/03/2023

Credit Suisse to continue operating in Singapore with ‘no interruptions or restrictions’: MAS

Credit Suisse Group AG will continue to operate in Singapore with “no interruptions or restrictions”, says the Monetary Authority of Singapore (MAS) on March 20. The central bank’s announcement comes ...

Posted on 20/03/2023

Singapore banking system “sound”, Credit Suisse exposure “insignificant”, central bank says

Credit Suisse, the second largest bank in Switzerland, operates a branch in Singapore that focuses primarily on private and investment banking. It does not serve retail customers.

Posted on 20/03/2023

WTT Singapore Smash: All-China singles finals see world No.1s triumph

winning the men's and women's singles titles respectively at the WTT Singapore Smash tournament at OCBC Arena on Sunday (19 March). Fan, 26, retained the men's singles title with an 11-5, 13-11, 8-11, ...

Posted on 19/03/2023

5 best travel insurance with Covid-19 coverage in Singapore (2023)

DBS travel insurance is one of the most popular travel insurance plans in Singapore. It's underwritten by Chubb, which has great worldwide reputation and recognition as the world's largest publicly ...

Posted on 18/03/2023

DBS PayLah! accepted at popular JB malls, supermarkets

SINGAPORE: Forgotten to bring enough Malaysian ringgit after crossing the Causeway? Customers of DBS Paylah! can instead pay via a UnionPay QR code when travelling to Malaysia and other tourist ...

Posted on 18/03/2023

Analysts remain ‘overweight’ on Singapore banks; SVB seen as a ‘non-event’ for the sector

Analysts are remaining positive on the Singapore banking sector following the collapse of US banks, Silicon Valley Bank (SVB) and Signature Bank. SVB closed on March 10 while Signature Bank was shut ...

Posted on 18/03/2023

DBS lowers Q&M Dental’s TP to 36 cents as it sees the border re-openings and gestating assets to remain a drag

DBS lowers Q&M Dental's TP to 36 cents as it sees the border re-openings and gestating assets to remain a drag DBS Group Research analysts Tabitha Foo and Paul Yong have maintained their “hold” call ...

Posted on 18/03/2023

Joko hopes for Singapore investments in Indonesia’s new capital

“The relationship between Singapore and Indonesia is very good and must be continued and improved in the future. “We hope investments in Nusantara can become the focus.” The 2,561sq km project, about ...

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