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Tag: finance

Posted on 09/01/2023

Singapore companies ahead of global peers in approach to digitalising customer experience and engagement: DBS research

Singapore companies are ahead of their global peers in their approach to digitalising their customer experience and engagement, according to research conducted by DBS Bank. The research surveyed 1,225 ...

Posted on 09/01/2023

UOB Kay Hian raises Genting Singapore TP to $1.15 as gaming sector stands to realise ‘full potential’ of China reopening

Analysts have maintained their “overweight” rating for the regional gaming sector, which stand to benefit from China's reopening.

Posted on 09/01/2023

Singapore shares start the week higher; STI up 0.9%

THE Straits Times Index (STI) rose 0.9 per cent or 28.95 points to close at 3,305.67 points on Monday (Jan 9), as Asian markets tracked a surge on Wall Street. Read more at The Business Times.

Posted on 09/01/2023

AmInvest eyes 5-10% near-term growth in foreign market investment

AmInvestment Bank Bhd (AmInvest) is aiming for five to 10 per cent growth in its foreign investing services (FIS) in the near term from about 0.5 per cent of its total trade value in the foreign ...

Posted on 09/01/2023

Market LIVE Updates: SGX Nifty futures indicate a gap-up start for Nifty and Sensex

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on the first trading day of the week amid positive cues from global markets. Singapore Exchange Nifty futures, an early ...

Posted on 09/01/2023

EY expects better global IPO activities in second half of year

EY sees favorable conditions lifting global initial public offering (IPO) activities to "greater momentum” by the second half of the year (2H23) despite a "somber performance through at least the ...

Posted on 09/01/2023

Bank of Singapore names ex-Goldman Sachs SG CEO as new chief

Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019. Bank of Singapore, the private banking arm of OCBC Bank, has named Jason Moon as its chief executive officer, effective 6 March.

Posted on 09/01/2023

Plantation sector likely to be less volatile in 2023: UOB Kay Hian

UOB Kay Hian analysts Leow Huey Chuen and Jacquelyn Yow are maintaining their “market weight” rating on the plantation sector, expecting it to be less volatile in 2023 compared to last year. In their ...

Posted on 09/01/2023

Jack Ma is giving up control of Ant. What does that mean for Ant’s IPO reboot?

The next big question for Ant is whether it will get another chance at going public now that billionaire Jack Ma, China’s most-famous entrepreneur, is ceding control. 1. What would need to happen for ...

Posted on 09/01/2023

Digital vs. Conventional Banks: Benefits of Digital Banking

Digital banks are new in Singapore, learn the differences between digital and conventional banks. Which banks are you available locally right now?

Posted on 08/01/2023

Chinese New Year 2023 takeaways: Lo Hei, pen cai and sweet treats to enjoy at home

With restriction-free celebrations in 2023, there is no time like Chinese New Year to bring your A-game.Between selecting the right cheongsam, packing red envelopes, and the holiday arriving earlier ...

Posted on 08/01/2023

Second teen pleads guilty to part involvement in OCBC phishing scam totalling S$12.8 million in losses

A 19-year-old man on Wednesday (Jan 4) admitted to his involvement in a spate of high-profile phishing scams affecting OCBC bank.

Posted on 07/01/2023

Japan finance minister to visit Singapore, Vietnam next week

Japanese Finance Minister Shunichi Suzuki is set to visit Singapore and Vietnam to meet high government officials from Jan. 10-13, the Ministry of Finance said on Friday.

Posted on 07/01/2023

Singapore-based Ohmyhome to offer 3.25 million shares in IPO, priced at $4 to $5 each

Ohmyhome Ltd. a Singapore-based company that calls itself a property technology provider, set terms for its initial public offering on Friday with plans to offer 3.25 million shares, priced at $4 to ...

Posted on 07/01/2023

Scam scourge here to stay, other countries learning from Singapore’s anti-scam approach: Police

The banks are CIMB, DBS, HSBC, OCBC, Standard Chartered and UOB. This arrangement is a highly uncommon one, known to exist only in Singapore and one other law enforcement agency, said DAC Yap. Another ...

Posted on 07/01/2023

Singapore’s lobbyists oppose proposed blanket ban on lending crypto tokens

A crypto lobbying group based in Singapore has voiced its opposition to the proposal from the central bank to prohibit crypto firms from lending crypto tokens. On Oct. 26, Singapo ...

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