SINGAPORE – Standard Chartered Bank has raised the maximum interest rate on its Bonus$aver account to 7.88 per cent a year – its highest ever for the product – up from 4.88 per cent. Read more at ...
Singapore stocks start the year mixed; STI down 0.2%
SINGAPORE shares traded mixed on Tuesday (Jan 3), the first trading day of the year, after a volatile 2022. Read more at The Business Times.
Singapore’s market is seen as boring, but here’s my case for it
LAST year was, to put it mildly, a roller coaster for global markets. The Russia-Ukraine war, inflation and interest rate hikes were just some of the incidents that contributed to the volatility. Read ...
Commentary: 8 ways young Singaporeans can improve on personal finance in 2023, and why starting early helps
As the new year begins and in the light of a high inflationary environment and economic uncertainties, it is an opportune time for everyone, especially young adults, to spring-clean their finances, ...
Knights’ New Year Global Strategy Conference Will Be Opened In Singapore To Promote The New Wave Of Digital Finance
Global Strategy Conference will be opened in Singapore to promote the new wave of digital finance Singapore - January 3, ...
Bank of Singapore confirms appointment of Jason Moo as new CEO
Bank of Singapore (BoS), the private banking arm of Oversea-Chinese Banking Corporation (OCBC), announced that it has appointed Jason Moo as its new CEO on Jan 3. BoS’s announcement comes after ...
Singapore shares start 2023 in negative territory; STI down 0.3%
SINGAPORE stocks pulled back on Tuesday’s (Jan 3) open, with banks and index counters recording losses in the first trading session of the year. Read more at The Business Times.
Singapore GDP growth slumps in 2022 as trade slowdown weighs
Singapore’s economy likely expanded at a substantially slower pace in the fourth quarter of 2022, preliminary data showed on Tuesday, as high inflation and a lull in the country’s major exports took a ...
Singapore Q4 GDP Expands 2.2% Y/y, Beating Forecasts
Gross domestic product (GDP) expanded 2.2% in October-December on a year-on-year basis, the Ministry of Trade and Industry said in a statement. Eight economists polled by Reuters had expected growth ...
SGX Nifty down 30 points; here’s what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 26.5 points, or 0.15 per cent, lower at 18,196.50, signaling that Dalal Street was headed for a negative start on Tuesday.
Singapore dollar competes with baht for best regional currency
The baht is set to be powered by an influx of Chinese tourists after the mainland rescinded most of its Covid controls over the past month, paving the way for a recovery in outbound travel. The ...
Singapore’s 2022 GDP Growth Beats Amid Lurking Headwinds
Singapore’s recovery held up in 2022, with a relatively strong year-end performance shoring up the economy ahead of an expected global slowdown this year. Most Read from BloombergElon Musk Becomes ...
Singapore economy grew 3.8% in 2022, slower than 7.6% growth in 2021: MTI advance data
SINGAPORE: Singapore’s economy grew 3.8 per cent for the whole of 2022, slowing from the 7.6 per cent growth in the year before, according to advance estimates released by the Ministry of Trade and ...
Singapore’s GDP grew by 3.8% in 2022: MTI’s flash estimates
In the 4Q2022, Singapore's GDP grew by 2.2% on a y-o-y basis. Singapore’s gross domestic product (GDP) grew by 2.2% on a y-o-y basis in the 4Q2022, moderating from the 4.2% grow in the 3Q2022. This is ...
Singapore’s economy topped forecasts in 2022 but new risks growing
Singapore's economy grew faster that official forecasts in 2022 but slower activity in the fourth quarter points to significant risks ahead for the city-state in the new year as global demand weakens ...
Look Ahead 2023: Young Singaporeans need to act fast to minimise impact as inflation persists and growth slows in new year, say experts
The current climate of persistent inflation and dampened economic growth looks set to continue in 2023, and young professionals in Singapore unused to such scenarios will have to take steps to ...