OnyxTraders expert broker discusses the reason why being a financial hub is critical to a regional economy. Financial services can take advantage of online platforms to provide better services and ... ( read original story ...)
Rising interest rates: Up to 3.85% for fixed mortgage rate in Singapore; more people placing fixed deposits
Property buyers are facing the highest housing loan interest rates in years, with some close to 4 per cent per annum, even while more Singaporeans seek to protect their savings by opening fixed ... ( read original story ...)
Best Fixed Deposit Rates in Singapore (Oct 2022) — DBS, UOB, OCBC & More
Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ... ( read original story ...)
Allow one-time transfer of bank home loans back to HDB to help some cope with high interest rates, suggests MP
In an adjournment motion, MP Saktiandi Supaat outlined several suggestions to help Singaporeans and businesses navigate rising interest rates. ( read original story ...)
Home loan interest rates in Singapore hit highs of up to 3.85 per cent
Currently, both Maybank and Standard Charted (StanChart) offer only a floating rate home loan package pegged to the benchmark Singapore Overnight Rate Average (Sora). UOB’s head of group personal ... ( read original story ...)
Singapore Ambassador Seeks Peaceful Resolution To Disputes Between India And China
The Singaporean diplomat also discussed Singapore-ASEAN concern about China’s aggressive policies at display in the region and India-Singapore relations. ( read original story ...)
ANEXT Bank’s Toh Sui Mei on how to stay ahead of SMEs needs
The CEO of Singapore’s newest digital bank talks about why banks find it challenging to meet the SMEs needs, and why digital banks are the answer. Toh Sui Mei recalls a time during the early days of ... ( read original story ...)
Daily roundup: UOB raises fixed home loan rates to 3.85 per cent, following DBS’ move — and other top stories today
READ MORE 3. 'I don't know if he was drunk or on drugs': 2 SIA crew members punched in the face near Melbourne hotel A Singapore Airline cabin crew member was punched in the face in Melbourne. PHOTO: ... ( read original story ...)
DBS, UOB raise fixed rate home loans to 3.5% and beyond
DBS raises its fixed rate home loans to 3.5 per cent while UOB ups its fixed rate mortgages to as high as 3.85 per cent per annum. ( read original story ...)
Commentary: Is it time for stock market investors to hold or fold?
Inflation has dominated global headlines this year and equities have tumbled. OCBC Investment Research's Carmen Lee discusses where investors can look to for an escape. ( read original story ...)
Singapore Bourse Poised To Reverse Monday’s Losses
The Singapore stock market headed south again on Monday, one session after ending the five-day losing streak in which it had stumbled almost 150 points or 4.8 percent. The Straits Times Index now ... ( read original story ...)
Maybank Singapore offers fixed deposit rates up to 3.05% per annum
The offer starts at a minimum placement of S$20,000 and a 6-month tenure. Maybank Singapore has raised its fixed deposit rates to up to 3.05% per annum for the 15 month tenure, the bank announced. For ... ( read original story ...)
PhonePe IPO: Company moves domicile from Singapore to India; ESOPs for 3000 employees approved
PhonePe has moved all businesses and subsidiaries including Insurance Broking Services and Wealth Broking businesses of PhonePe Singapore to PhonePe Pvt Ltd - India. ( read original story ...)
PhonePe moves domicile from Singapore to India ahead of IPO launch
Fintech player PhonePe, a part of the Walmart Inc-controlled Flipkart group, on Monday said it has completed the process of moving its domicile from Singapore to India. The development comes ahead of ... ( read original story ...)
MAS’s Menon, IMF say blended finance key to climate change fight
Singapore’s top central banker said blended finance is key to tackling climate change by earmarking more money for marginal environmental projects. ( read original story ...)
9 in 10 professionals say open finance has positively impacted the financial industry
They said it made the industry more collaborative. Professionals at financial institutions in Singapore view "open finance" more positively compared to their peers in Hong Kong and around the globe, a ... ( read original story ...)