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Tag: finance

Posted on 30/07/2023

Right timing for IPOs could materialise in 2H2023, especially in China and Hong Kong: iCapital

Chinese companies have already taken the lead in 1H2023, contributing to 30% of the deal count and 56% of deal volume globally.

Posted on 29/07/2023

Eligible parents in SIngapore to get enhanced Baby Bonus benefits from Aug 1, ahead of initial date in 2024

Parents will receive more funds in their newborns’ Child Development Account (CDA) earlier, with the increased Baby Bonus benefits being given out ahead of schedule.

Posted on 29/07/2023

Top Stock Market Highlights of the Week: Singapore’s Inflation Rate, US Federal Reserve, Grab Holdings and Ant Group

We look at the latest inflation reading and an acquisition of a taxi company by a super-app. The post Top Stock Market Highlights of the Week: Singapore’s Inflation Rate, US Federal Reserve, Grab ...

Posted on 28/07/2023

Cheques, passbooks and one-cent coins: 5 ways money and banking transactions have changed in Singapore

SINGAPORE: The announcement on Friday (Jul 28) that banks in Singapore will soon start charging customers for issuing Singapore dollar cheques marked another shift in how people interact with m ...

Posted on 28/07/2023

SBFC Finance IPO to open for subscription on August 3. Check latest GMP

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 ...

Posted on 28/07/2023

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, ...

Posted on 28/07/2023

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.

Posted on 28/07/2023

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 ...

Posted on 28/07/2023

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 ...

Posted on 28/07/2023

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.

Posted on 28/07/2023

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.

Posted on 28/07/2023

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.

Posted on 28/07/2023

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 ...

Posted on 28/07/2023

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 ...

Posted on 28/07/2023

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 ...

Posted on 27/07/2023

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 ...

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