Android users with apps from unofficial stores will unable to access OCBC's mobile banking app. Read more at straitstimes.com.
Singapore monetary authority to invest $110m in FinTech innovation
The Monetary Authority of Singapore (MAS) is set to invest around $110 million (150 million Singaporean dollars) in FinTech, with plans to help fund emerging technology like Web3.
Singapore affluent investors most optimistic in Asia despite global volatility: survey
Despite immense global market volatility, affluent investors in Singapore are the most optimistic in Asia, according to the Future of Wealth report commissioned by Bloomberg Media.
Singapore’s political scandals could hurt, but not too much
No system is perfect. When you pride yourself on cleanliness, you need to deal with the blowback when stains appear. But by global benchmarks, the scandals that have caused embarrassment to the ...
Singapore’s MAS To Boost Fintech With New Investment Commitment: Will It Pay Off?
The Monetary Authority of Singapore (MAS) has pledged to invest up to S$150 million over the next three years to bolster technology and innovation within the financial sector.
Singapore’s $150M pledge to transform FinTech landscape
Singapore has firmly established itself as a thriving hub ... to the tokenization of assets and the implementation of institutional-grade Decentralized Finance (DeFi) protocols. This collaboration ...
China or India? How to invest in the coming Asia boom
China is the world’s second-largest economy, featuring a massive consumer market and advanced manufacturing. India has friendlier relations with the West and a young workforce. Its economy is ...
Retail investors are getting bullish on the Singapore stock market: Moomoo Singapore
According to Moomoo Singapore, 70% of survey respondents think they will trade Singapore stocks in the next six months.
Guide To Buying US T-Bills For Singapore Investors
In July 2023, the US Federal Reserve raised benchmark interest rates to the 5.25%-5.50% level. This was the 11th rate hike in under 18 months – driving up interest rates up from the 0.25% to 0.50% ...
Parallels between Grand Slam tennis and the Singapore stock market
I tuned in to some Grand Slam tennis, the French Open, on television. Even though it was the latter stage of the tournament, when matches are expected to be more exciting and stakes higher, the ...
Singapore bank OCBC second-quarter earnings rise; sees rate cuts from 2024
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...
Singapore’s Temasek To Invest Rs 1,200 Crore In M&M’s EV Business, Acquire Nearly 3 Per Cent Stake
Mahindra & Mahindra (M&M) on Thursday said that Singapore's sovereign wealth fund, Temasek Holdings Pvt Limited, will be investing up to Rs 1,200 crore in its electric vehicle (EV) business at a ...
George Goh ‘made a mistake’ about role of the CIO in investment management businesses: Ng Kok Song
SINGAPORE: Mr Ng Kok Song has said that his fellow presidential hopeful George Goh is mistaken about the role of the CIO in an investment management company. "I think Mr Goh made a mistake. He thinks ...
Temasek to invest Rs 1,200 crore in M&M’s EV subsidiary
As per the agreement, Temasek will invest Rs 1,200 crore in the form of Compulsorily Convertible Preference Shares ('CCPS') at a valuation of up to Rs 80,580 crore, resulting in Temasek’s ownership ...
Singapore bank OCBC Q2 earnings rise; sees rate cuts from 2024
Singapore's second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to ...
When has the Singapore President’s approval been sought to tap into past reserves?
The Singapore President has powers to approve or reject requests to tap into past reserves. When have such instances come up?