a significant increase from 76% in 2022 Over half of Singapore CEOs or 52% are shifting capital investments towards skilling their workforce for an AI-driven future Majority of CEOs see their ESG ...
Interest rates and returns for Singapore Savings Bonds (SSB) in October 2023
With the increased attention towards personal assets, people are looking to strengthen their portfolios by investing in low-risk bonds. Learn more about Singapore Savings Bond (SSB), a bond with a ...
Singapore Shares Due For Support On Thursday
The Singapore stock market has moved lower in three straight sessions, falling more than 70 points or 2.6 percent along the way. The ...
3 Singapore Blue-Chips with Share Prices at a 52-Week Low: Are They a Bargain?
We sift out three Singapore blue-chip stocks whose share prices have hit ... However, distribution per unit (DPU) fell by 12.8% year on year to S$0.0218 because of higher finance costs and weaker ...
Temasek hires Goldman Sachs for Singapore Power’s 40% stake sale in Aussie energy firm Jemena – AFR
Temasek has hired Goldman Sachs to find a buyer for its unit Singapore Power's 40% stake in Australian gas and electricity distributor Jemena, the Australian Financial Review reported on Wednesday.
Singapore Reits hammered by interest rate fears as bond yields soar
While the higher-for-longer outlook for interest rates has mauled stock markets, the real estate segment, and in particular the Reits sector, has borne the full force of the sell-down this week. Many ...
9 in 10 S’porean finance leaders spend their time on manual back-office tasks
About 40% of finance leaders in Singapore prioritise investments in automation. 89% of finance leaders in Singapore spend more than half of their time on these manual back-office tasks significantly ...
Elderly Singapore man pays US$51,000 for imaginary Peking duck as scammers steal his life savings
The 74-year-old said he was attracted by a deal on Facebook offering 1.5kg of Peking duck for the equivalent of US$17.30. It ended up costing him almost US$51,000.
Singapore Defends Reputation As $2 Bn Money Laundering Case Widens
Reports that China had put any pressure on Singapore to resolve the case were "completely untrue," she added. Second Minister of Finance Indranee Rajah said an inter-ministerial committee will be ...
Singapore shares fall at Wednesday’s open, tracking global sell-off; STI down 1.1%
SINGAPORE stocks opened weaker on Wednesday (Oct 4), following overnight losses in global markets as surging Treasury yields weighed on investor sentiments. Read more at The Business Times.
Ministers respond to clarifications sought on Singapore’s anti-money laundering regime
Second Minister for Home Affairs Josephine Teo, Monetary Authority of Singapore board member Alvin Tan and Second Minister for Finance and National Development Indranee Rajah addressed clarifications ...
Singapore to set up inter-ministerial panel, review measures to boost anti-money laundering controls
SINGAPORE will form an inter-ministerial committee to consider further measures to strengthen its anti-money laundering regime. Read more at The Business Times.
Explainer-How Singapore’s Unique Monetary Policy Works
SINGAPORE (Reuters) - Singapore's central bank has a unique method of conducting monetary policy, tweaking the exchange rate of its dollar instead of changing domestic interest rates like most other ...
Bank debt sales surge in cashed-up Singapore
Find out more about subscription packages here. BANK debt sales in Singapore are tracking toward a second consecutive annual record as attractive currency swaps and cash-rich investors lure issuers to ...
Singapore Seizes More Than $2 Billion as Massive Money Laundering Probe Widens
The case is shining a light on fund flows from abroad and whether the city-state's $2 trillion financial sector has done enough to block dubious transactions.
Ministerial statement: Josephine Teo on Singapore’s anti-money laundering regime
Singapore has in place a robust anti-money laundering regime and is held in high regard internationally for its strong, principled and no-nonsense approach to taking down individuals who break the ...