Non-banking lender SBFC Finance's initial public offering (IPO) will open on August 3 and close on August 7. The company is planning to raise 1,025 crore through the IPO, comprisi ...
7 major banks in Singapore to start charging customers for Singdollar cheques by Nov 1
Citibank, DBS Bank, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB — will begin charging individuals for Singapore dollar-denominated cheques by Nov 1. Other banks will do so by July 1, ...
Hong Kong, Singapore clients of Asian wealth management firms largely unhappy with digital services: Accenture study
Asia’s wealth management firms are not up to scratch with their mobile banking services, according to a survey by consulting firm Accenture.
Singapore-based FII remains steady in this small-cap financial stock
Nomura Singapore remains steady as a long-term investor, holding 1.27% stake in the company, while Aviator EMS booked partial profit ...
Meet Tharman Shanmugaratnam, Indian origin minister who could be Singapore’s new president
Singapore s former Indian origin minister Tharman Shanmugaratnam formally launched his presidential campaign on Wednesday ...
Banks in Singapore to start charging customers by November for issuing Singdollar cheques
Singapore will eliminate corporate cheques by end-2025, while individuals will be able to use cheques “for a period" after 2025, say MAS and ABS.
Singapore home prices fall for 1st time in 3 years as red-hot pace slows
Data from the Urban Redevelopment Authority showed private property values slid 0.2 per cent from the previous three months, when they rose 3.3 per cent.
SG, UK boost cooperation in sustainable finance and fintech
The countries will cooperate on seven key areas. Singapore and the United Kingdom have agreed to further collaborate on joint projects in the areas of sustainable finance and fintech and innovation.
Analysis: Singapore loan interest rates set to plateau soon even after US Fed raises key rate to highest since 2001
Economists in Singapore largely expect interest rates here to plateau soon even though the United States central bank has just raised its benchmark ...
GIC cuts key quant unit in ‘tough’ overhaul of investment teams
The Systematic Investment Group, which had about 30 staff earlier this year, is being reorganized with some team members reassigned to different units while others are leaving to join external quant ...
UPDATE 2-Siltronic sees drop in sales this year of up to 19%, raises investment
Siltronic said it was preparing for its next growth phase by investing in its new Singapore factory, where it plans to produce state-of-the-art 300 mm wafers from 2024. It now plans to invest 1.3 ...
Siltronic Sees Drop in Sales This Year of up to 19%, Raises Investment
(Reuters) - German silicon wafer group Siltronic expects sales to fall up to 19% this year due to weak demand from the semiconductor industry but plans to invest in expansion to prepare for a recovery ...
UOB’s second-quarter profit up 27% to $1.4 billion; dividend of 85 cents declared
UOB’s earnings were in line with the forecast made by analysts in a Refinitiv poll. Read more at straitstimes.com.
‘No regrets’: Singapore lecturer sells house to raise $150k to finance 6 students’ university fees
This Singaporean lecturer has certainly gone big by selling his retirement home to raise $150,000 so he could send six students to study in Australia. Frankie Yee, 56, first met the six international ...
Best credit card promotions in Singapore (July to August 2023): Citibank, DBS, HSBC, UOB and more
When it comes to credit card promotions these days, we're spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...
50% of young people in Singapore are actively investing: AIA survey
However, young respondents fall short in other areas of investment and financial management, according to the AIA survey. What are they?