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Tag: finance

Posted on 02/03/2023

Golf: Szokol shakes off injury woes to seize first round lead at HSBC Women’s World C’ship

Elizabeth Szokol was diagnosed with a herniated disc back injury which ruled her out for five months. She played in only 13 events that year and to No. 150 in the world rankings. If not for a medical ...

Posted on 02/03/2023

Binance unit plans bid for Singapore crypto licence

Binance has earlier faced challenges in Singapore. Its affiliate Binance Asia Services withdrew a local license application in December 2021 without giving a reason beyond "strategic, commercial and d ...

Posted on 02/03/2023

Higher investment requirements, minimum local hires for eligible investors to get and renew PR status under revised EDB scheme

SINGAPORE — Individuals looking to apply for permanent residency (PR) under an investment programme will soon be required to invest much higher amounts in Singapore, as part of changes announced on ...

Posted on 02/03/2023

Singapore raises minimum investment sums for ultra-rich seeking permanent resident status

INDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund. Those ...

Posted on 02/03/2023

Higher investment quantum among changes to scheme that grants PR status to eligible investors

The changes to the Global Investor Programme (GIP) will help to strengthen support for local start-ups and create more jobs, said the Economic Development Board.

Posted on 02/03/2023

Venture funding for Singapore start-ups weakens in 2022

The data raises concerns over the potential for a further slowdown in venture funding this year. Read more at straitstimes.com.

Posted on 02/03/2023

Singapore golf tournament cancels pro-am event after 200mm of rainfall overnight

Continuous rain was observed over several areas in Singapore overnight, with temperatures in the morning dropping to as low as 21.1 degrees Celsius.

Posted on 02/03/2023

CEO Wee of UOB and chairman Tan of Kim Heng raise stakes in respective companies

In addition, Wee has a deemed stake in another 173.7 million shares. The two stakes give him a total deemed interest of nearly 177 million shares, equivalent to 10.57%. The last time Wee bought from ...

Posted on 02/03/2023

UOB completes Citi Vietnam consumer banking deal

SINGAPORE: Citigroup says that it has completed the sale of its Vietnam retail banking and consumer credit card businesses to Singapore’s United Overseas Bank (UOB) in a transaction expected to result ...

Posted on 02/03/2023

3 Reasons to Buy SoFi Stock, According to DBS

So far, 2023 has been kind to SoFi Technologies (NASDAQ:SOFI), to say the least. Since the year kicked off, shares have surged ~40%, and investors are wondering if there’s still more fuel left in the ...

Posted on 02/03/2023

Oil and gas and utilities only sectors that closed positive in stock market

Amongst top performers are Keppel Corporation and Genting Singapore. With the fiscal year 2022 coming to an end, there are negative earnings in the sectors at the stock market except oil & gas and ...

Posted on 02/03/2023

Singapore Banks Have Reported Record Earnings: Which One Should You Pick?

Each bank’s valuation had not changed much since the previous ... In our latest Special FREE Report, we cover the best performing stocks and blue chips in the Singapore market in 2022. Look forward to ...

Posted on 02/03/2023

Going to Singapore is upsetting

From technological and educational advancements to monetary policies, Singapore is arguably leaps and bounds ahead of Malaysia.

Posted on 02/03/2023

Singapore, UK sign green economy pact for sustainable energy, transport and finance

Singapore inked a deal with the United Kingdom on Wednesday aimed at creating business opportunities in the clean energy, low-emission transport and sustainable finance sectors. Read more at ...

Posted on 02/03/2023

CORRECTED-UPDATE 4-Singapore banks flag cautious outlook as rates seen peaking

SINGAPORE, Feb 24 (Reuters) - Singapore’s Oversea-Chinese Banking Corp (OCBC) on Friday rounded up a record annual results performance from the city-state’s banks benefiting from higher ...

Posted on 02/03/2023

Singapore’s DDEx eyes security token offerings, mulls adding more cryptocurrencies

DBS bank’s digital exchange, which serves institutional clients, said macroeconomic conditions last year were not suitable for security token offerings (STO), but it will explore opportunities for ...

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