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Posted on 17/10/2022

Singapore-based insurtech company secures Series B investment led by Tokio Marine

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 ...)

Posted on 17/10/2022

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 ...)

Posted on 17/10/2022

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 ...)

Posted on 17/10/2022

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 ...)

Posted on 17/10/2022

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 ...)

Posted on 16/10/2022

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 ...)

Posted on 16/10/2022

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 ...)

Posted on 15/10/2022

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 ...)

Posted on 15/10/2022

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 ...)

Posted on 15/10/2022

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 ...)

Posted on 14/10/2022

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 ...)

Posted on 14/10/2022

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 ...)

Posted on 14/10/2022

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 ...)

Posted on 14/10/2022

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 ...)

Posted on 14/10/2022

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 ...)

Posted on 14/10/2022

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 ...)

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