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Tag: finance

Posted on 16/08/2023

UOB, The EM District and AEG announce historic naming rights partnership

UOB, The EM District and AEG are proud to unveil a revolutionary naming rights partnership, brokered by AEG Global Partnerships, that promises to reshape the live entertainment landscape in Thailand ...

Posted on 16/08/2023

Singapore Stock Market May Test Support At 3,200 Points

The Singapore stock market has moved lower in three straight sessions, sinking almost 90 points or 2.8 percent along the way. The ...

Posted on 16/08/2023

Singapore banks see slower trade activity as demand falters

Banks in Singapore have blamed a flagging trade environment and China’s weak rebound from the Covid-19 pandemic for a dip in trade finance activity in the first half of the year.    The city-state’s ...

Posted on 15/08/2023

Singapore introduces regulatory framework for stablecoins

Singapore’s financial regulator on Tuesday unveiled its regulatory framework for stablecoins, those cryptocurrencies pegged to fiat money for a more solid and stable asset. As part of this framework, ...

Posted on 15/08/2023

Singapore’s Central Bank Releases Stablecoin Regulatory Framework

Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request.

Posted on 15/08/2023

Singapore central bank unveils regulatory framework, bringing clarity to stablecoins

Singapore’s central bank has announced its revised regulatory framework, whose primary objective is ensuring the stability of single-currency stablecoins that fall under the jurisdiction of the ...

Posted on 15/08/2023

Uproar over OCBC banking app’s new security feature is clearly misplaced

THERE has been uproar over OCBC’s mobile banking Android application refusing to run unless a user’s sideloaded apps are uninstalled. Read more at The Business Times.

Posted on 15/08/2023

UOB Kay Hian Remains a Hold on Singapore Exchange (SPXCF)

In a report released today, Llelleythan Tan from UOB Kay Hian maintained a Hold rating on Singapore Exchange (SPXCF – Research Report), ...

Posted on 15/08/2023

DBS head says Singapore hasn’t realized that it’s rich, suggests rethinking what to do with reserves

Mr Piyush Gupta, the head of DBS Group Holdings, called for reconsidering how the country’s sizable reserves can be better deployed. “We’ve still not caught up around the fact that we are a rich ...

Posted on 15/08/2023

Must-watch: Singapore Reserves Revealed gives exclusive insight into the country’s rainy day fund

Produced over the span of six months, Singapore Reserves Revealed is to date, the most extensive look at one of Singapore’s most closely guarded secrets. It features exclusive interviews with the ...

Posted on 15/08/2023

Singapore introduces visionary regulatory framework to boost stablecoins’ stability

The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new ...

Posted on 15/08/2023

Chongqing and Singapore lead by example in green finance collaboration – Minister Insights

As Chongqing's green finance infrastructure crystallizes, its synergy with Singapore signifies a watershed moment in the region's quest for sustainability. Their collaborative spirit serves as a ...

Posted on 15/08/2023

Saudi, Singapore wealth funds snap up Alibaba, JD.com, BeiGene and other Chinese stocks, picking up where US funds left off

The Saudi and Singapore sovereign funds recorded steep losses last year amid a global market downturn. The PIF incurred a loss of US$11 billion on investment activities last year, versus a US$19 ...

Posted on 15/08/2023

Climate change is Singapore’s biggest long-term crisis, says Indian-origin presidential hopeful Tharman

Climate change is the biggest long-term crisis that Singapore faces and adapting to it will require infrastructural investments, the country’s Indian-origin presidential hopeful Tharman Shanmugaratnam ...

Posted on 15/08/2023

Hin Leong liquidators and HSBC chase Lim Oon Kuin and scions for $3.6bn

In a court case that kicked off in Singapore last Thursday, Hin Leong Trading’s liquidators are demanding that its founder Lim, together with his two children, cough up $3.5bn for debts that allegedly ...

Posted on 15/08/2023

DBS Pledges SGD 1 Billion to Help Vulnerable Communities

DBS has pledged to set aside up to SGD 1 billion over the next 10 years in an effort to step up its support for vulnerable communities.

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