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Tag: finance

Posted on 16/04/2023

OCBC Cycle launches programme to teach young kids to ride bikes

With cycling becoming a popular recreational sport in Singapore, OCBC Bank has launched a programme to teach young children how to cycle, ahead of its annual OCBC Cycle event on 6 and 7 May. The ...

Posted on 15/04/2023

Fintech Airwallex Survey Reveals Majority of Singapore SMEs are Anticipating a Potential Recession

Singapore businesses have a "cautious" economic outlook, as new data from global fintech Airwallex reveals SMEs expect a recession.

Posted on 15/04/2023

‘Thanks anyway’: Singapore’s DPM Lawrence Wong puzzled by TikTokker’s ‘Daddy’ remark

Wong and Singapore's other leaders such as Health Minister Ong Ye Kung have a sizeable presence on TikTok, with some of their quirky posts going viral 'Daddy' in recent years has had dual uses in ...

Posted on 15/04/2023

Singapore: Former oil tycoon O.K. Lim as he stands trial for cheating, instigating forgery; pleads not guilty

Singapore prosecutors on Tuesday opened the criminal trial of insolvent Hin Leong founder Lim Oon Kuin, better known as O.K. Lim, who faces a total of 130 charges involving US$2.7 billion (S$3.6 ...

Posted on 15/04/2023

CytoMed, cancer drug developer, sees stock fall 10% after $10M IPO

CytoMed Therapeutics (GDTC) stock fell 10% following the Asian biotech group's $10M initial public offering, which was priced at the lower end of its range. Read more here.

Posted on 15/04/2023

MAS has not asked banks to ‘keep quiet’ about origins of wealth inflows into Singapore: Private banking group

has not instructed banks to "keep quiet" about the origins of wealth inflows into Singapore, the Private Banking Industry Group (PBIG) said on Friday (April 14). The industry group's statement was ...

Posted on 15/04/2023

Citigroup profit beats estimates on higher interest income from loans

A view of the exterior of the Citibank corporate headquarters in New York, New York, U.S. May 20, 2015. REUTERS/Mike Segar ...

Posted on 14/04/2023

Citigroup beats estimates on higher income from loans

FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York ... and the biggest U.S.... SINGAPORE (Reuters) - A private banking industry group in Singapore on Friday denied a ...

Posted on 14/04/2023

Banking group rejects FT article saying MAS asked banks to keep mum on source of wealth inflows

An organisation representing private banks here has hit out at claims in the Financial Times newspaper that the Monetary Authority of Singapore (MAS) had asked financial institutions to keep quiet ...

Posted on 14/04/2023

Ministries outline plans for more inclusive Singapore, sustainable finances and access to justice

SINGAPORE - Through the Forward Singapore exercise, Singaporeans have come up with ideas to make society more inclusive and promote a culture of giving back, and the Ministry of Culture, Community and ...

Posted on 14/04/2023

Singapore stocks gain on central bank cheer; STI up 0.3%

The Monetary Authority of Singapore’s decision to leave its policy settings on the Singdollar unchanged for the first time in 18 months spurred local investors to push the market higher on Friday.

Posted on 14/04/2023

Alert! 4 Singapore REITs with Distribution Yields of 7% and Above

Here are four Singapore REITs with distribution yields of 7% or more ... Also, close to 88% of its borrowings are on fixed rates, thus mitigating a surge in finance costs. CapitaLand India Trust, or ...

Posted on 14/04/2023

Monetary Authority of Singapore asks banks to keep quiet about inflow of wealth from China

Singapore has reportedly asked banks not to discuss the origins of significant sums of money flowing into the city, particularly from wealthy Chinese individuals, according to a report by Financial ...

Posted on 14/04/2023

UOB Kay Hian Sticks to Its Hold Rating for Comfortdelgro (CDGLF)

UOB Kay Hian analyst Llelleythan Tan maintained a Hold rating ... The company was founded on March 29, 2003 and is headquartered in Singapore. Read More on CDGLF: SHARE THIS POST ComfortDelGro ...

Posted on 14/04/2023

Global Economy: Singapore has just sounded an alarm

To this unsettling picture, Singapore added its own warning Friday ... The assessment is decidedly downbeat. “The drag on global investment and manufacturing from tighter financial conditions will ...

Posted on 14/04/2023

Singapore’s real estate investment volume surges 73% QoQ to S$6.07b

The residential sector saw the highest investment growth. Singapore's real estate investment volume grew 73% to S$6.07b quarter over quarter (QoQ), CBRE revealed. Year-on-year, however, the Q1 figure ...

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