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?
Temasek to invest in Mahindra EV unit at $9.8 bln valuation
Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's electric vehicle unit at a valuation of up to $9.8 billion, the latest investment in the Indian automaker as it ...
Temasek to invest ?1200 Cr in Mahindra’s electric arm at Rs 80,580 Cr valuation
After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis. On Thursday, Mahindra Electric Automobile Ltd (MEAL), ...
Temasek to invest 1200 Cr rupees in Mahindra’s electric arm
After the fund infusion, Temasek will have a shareholding in MEAL ranging from 1.49-2.97% of the paid-up share capital on a fully diluted basis.
Temasek to invest Rs 1,200 crore in Mahindra’s electric vehicle subsidiary
Temasek, a global investment firm, has announced that it will invest Rs 1,200 crore in Mahindra’s EV subsidiary. With this investment, MEAL’s valuation goes up by 15 percent from up to Rs 70,070 crore ...
Singapore yet to receive new proposals from Malaysia to revive HSR project
SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on ...
Singapore consumers need over S$500,000 to achieve financial freedom: Singlife survey
A Singlife survey found that the average S'pore consumer needs to have savings of S$566,640 to achieve financial freedom. How long will it take?
Singapore bank DBS’ Q2 profit beats estimates; expects record year
Singapore's biggest bank DBS Group said on Thursday its second-quarter profit jumped a forecast-beating 48% to a new record as higher interest rates helped drive income growth, and forecast growth in ...
Can Property Investing Ever Be Safe? Here’s Why A Guaranteed Real Estate-Backed Loan Could Be Your Best Option For Regular Passive Income
Since BigFundr’s targeted Deal returns of more than 6% nett p.a. are currently higher than fixed deposits and provide more stability than equity investments, investors can now diversify into investing ...
Singapore’s Bank DBS Second-Quarter Net Profit Jumps 48% On-Year
SINGAPORE (Reuters) - Singapore's biggest bank DBS Group reported on Thursday a 48% rise in net profit in the second quarter from a year earlier on the back of stronger total income growth.
Singapore’s Indian origin investment Guru Narayana Iyer Narayanan dies
Singapore’s investment guru Narayana Iyer Narayanan, who represented the interests of minority stakeholders in major corporations, has passed away. He was 95. Narayanan, who had deep knowledge of the ...
Finmo launches in Singapore after securing MPI license
Finmo, a payments company headquartered in Singapore, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Singapore’s PM defends governance after scandals
Singapore’s prime minister has defended its reputation for clean governance after a corruption investigation and an “inappropriate” parliamentary relationship tarnished the city-state’s image just as ...
Cheques, passbooks and 1-cent coins: 5 ways money and banking transactions have changed in Singapore
Amid falling cheque usage and higher processing costs, banks in Singapore will start charging customers for issuing Singapore dollar-denominated cheques by November.
Woman jailed for tricking teacher into ‘investing’ S$145,500 in fake SAF eMart business
The victim got to know the accused after buying items from her shops in Beach Road for his National Cadet Corps students.