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Posted on 08/03/2024

HSBC makes key hires to boost growth in ultra-high-net-worth market in Asia

He has more than two decades of experience in private banking and joins from an extensive stint at HSBC Hong Kong and Singapore, where he played a key role in launching the bank’s India ...

Posted on 08/03/2024

55 per cent of employees at 1,400 Single Family Offices in Singapore are above 40

There were around 1,400 Single Family Offices (SFOs) that have been awarded tax incentives in Singapore as of 31 December 2023, said Deputy Prime Minister and Minister of Finance, and Monetary ...

Posted on 08/03/2024

Singtel Australian unit’s appeal in tax case dismissed by court again

STAI then became a unit under SAI in 2002, issuing loans and later paying interest to SAI, which is a tax resident in Singapore. Both entities are entirely owned by Singtel. The loan agreements put in ...

Posted on 08/03/2024

Singapore GDP forecast gets a bump from Taylor Swift’s Eras Tour concerts

Analysts estimated the shows would add 0.2 percentage points of GDP to the city state’s economy in the first quarter.

Posted on 08/03/2024

CORRECTED-Singapore fuel oil stockpiles ease to near 3-month low on rising exports

(Corrects to read "1.86 million tons" (not "1.86 tons") in last paragraph) By Cassandra Yap SINGAPORE, March 7 (Reuters) - Singapore's onshore fuel oil stockpiles dropped for a second straight week to ...

Posted on 08/03/2024

Swift’s Eras Tour Boosts Projections For Singapore’s 2024 GDP, Report Says

The projected boost is likely to vindicate the Singapore government’s decision to offer Swift a financial deal that prevents her from taking the Eras tour to other countries in the region.

Posted on 08/03/2024

Billionaire Robert Kuok’s Allgreen Buys Singapore Mall For $412 Million

Billionaire Robert Kuok’s Allgreen Properties has bought a Singapore shopping mall for $412 million as retail spending in the city-state continues to recover.

Posted on 08/03/2024

Banyan Group’s Visionary Eco-Friendly Phuket Residential Community Gets First Exclusive Showcase in Singapore

The issuer is solely responsible for the content of this announcement.

Posted on 08/03/2024

Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia

Singapore and Malaysia’s markets show a shift towards Cyber, Marine, Cargo, and Property insurance in 2024, reflecting insurers' adaptability to client needs. Success in these markets relies on ... ( read original story ...)

Posted on 08/03/2024

OCBC to waive fee on loans issued to women-owned SMEs in Singapore under new programme

The OCBC Women Entrepreneurs Programme marks the first scheme dedicated to women entrepreneurs by a Singapore bank.

Posted on 08/03/2024

Singapore’s weekly middle distillates stocks slip 2% despite China arrivals

Singapore's middle distillates stockpiles fell almost 2% from last week as gains in jet fuel/kerosene net exports offset declines in diesel/gasoil net exports, official data showed on Thursday.

Posted on 08/03/2024

Singapore shares started strong this Friday—STI increased by 0.5%

SINGAPORE: Singapore shares started strong this Friday, riding the wave of optimism sweeping through global markets. The Business Times reports that The Straits Times Index (STI) saw a 0.5% increase, ...

Posted on 08/03/2024

Four men to be charged for money mule activities, selling Singpass, banking details to scammers

SINGAPORE: Four men aged between 17 and 21 are slated to be charged for suspected involvement in money laundering activities on March 8.

Posted on 08/03/2024

Singapore shares edge up at Friday’s open; STI up 0.5%

SINGAPORE stocks opened stronger on Friday (Mar 8 ... Over in Europe, the European Central Bank kept rates steady on signs of cooling inflation, lifting investor sentiments. The pan-European Stoxx 600 ...

Posted on 08/03/2024

Moomoo Study Reveals Female Investors Embrace Investment Opportunities Amidst Three Key Challenges

Over half of female investors in Singapore, North America and Australia are planning to invest more in the future Women across different regions identified three common major obstacles ...

Posted on 08/03/2024

Citi’s Shally Koh on how to foster a more diverse banking organisation

Shally Koh was there when Citibank kicked off its commercial bank operations in Singapore in 2000. Twenty-four years later, Koh — who is now Head of Mid-Corporates and Technology and Digital client ...

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