Singapore-based insurtech company, bolttech, says it has secured its Series B investment on Oct 17. The round was led by Tokio Marine, which invested US$50 million ($71.3 million) in the round. The ... ( read original story ...)
Stock Market LIVE updates: Nifty and Sensex likely to make a gap-down start today amid negative global cues
Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a gap-down start on Monday tracking weak global cues across global markets. Singapore Exchange Nifty futures, an early indicator ... ( read original story ...)
Singapore unveils industry guidelines for sustainable private banking
The industry group sustainability taskforce has also developed a training benchmark. The Association of Banks in Singapore (ABS) has launched the ABS Sustainable Private Banking and Wealth Management ... ( read original story ...)
Singapore digital wealth start-up Endowus buys Hong Kong’s Carret Private
Together, they will serve tens of thousands of clients with assets of more than $4 billion. Read more at straitstimes.com. ( read original story ...)
2022 a difficult year for IPOs as recession looms and growth prospects fade
High inflation and rising interest rates have resulted in slower growth, experts said. Read more at straitstimes.com. ( read original story ...)
Why 2022 is still a robust year for Singapore property investment despite slowdown
The total investment volume so far this year is already 3% higher than 2021 levels. According to a Cushman and Wakefield report, Singapore's real estate market has attracted around $26.9b in ... ( read original story ...)
Blockchain.com Receives In-Principle Approval from Monetary Authority of Singapore
Blockchain.com secured "an in-principle approval for the Major Payment Institution License offering Digital Payment Token services" in Singapore. ( read original story ...)
Hong Kong undaunted by Singapore rivalry as mainland support gives city unique advantage, treasury chief says
Hong Kong remains undaunted by growing competition with Singapore as support from mainland China gives the city a unique advantage and makes it stand out as an international economic hub, a top ... ( read original story ...)
Top Stock Market Highlights of the Week: TSMC Cuts Spending, US Inflation Data and MAS Adjusts its Exchange Rate Policy
We see signs that inflation will persist while the world’s largest chipmaker adjusts its capital spending downwards. The post Top Stock Market Highlights of the Week: TSMC Cuts Spending, US Inflation ... ( read original story ...)
Singapore Finance Ministry: Govt support measures to ‘fully shield’ bottom 40pc of households from expected inflation in 2022
Support measures by the government this year, including public transport vouchers and support packages from the Budget, are expected to “fully ... ( read original story ...)
Stock Market Highlights: Sensex ends 684 pts higher and Nifty50 above 17,100 led by financial and IT shares
Indian equity benchmarks BSE Sensex and NSE Nifty50 rose sharply on Friday, building on initial gains, amid strength across global markets as investors digested a worse-than-expected US inflation ... ( read original story ...)
Singapore’s central bank tightens policy for fourth time this year
The Monetary Authority of Singapore tightened monetary policy for the fourth time this year, as inflation neared a 14-year-high. The MAS said it would re-centre the mid-point of the policy band of its ... ( read original story ...)
Singapore’s private banking industry sets green standards, upskills workforce
SINGAPORE - A set of guidelines released on Friday outlines how private banks can integrate sustainability practices into their business models. Read more at straitstimes.com. ( read original story ...)
Singapore Announces S$1.5 Billion Support Package for All Singaporean Households
Singapore's Finance Ministry on Friday announced a S$1.5 billion support package for all Singaporean households amid rising inflation. The package will provide support for lower- to middle-income ... ( read original story ...)
Singapore announces $1.05bln support package for all Singaporean households
The package includes cash, vouchers and public transport subsidies mainly for lower to middle-income citizens, according to a statement from the Ministry of Finance ... ( read original story ...)
Singapore Q3 GDP Blazes Past Expectations, MAS Tightens Policy
Singapore’s economy expanded far more than expected in the third quarter, data showed on Friday, as a boost from construction activity and steady consumer spending helped offset a decline in the ... ( read original story ...)