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.
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 ...
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 ...
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 ...
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.