SINGAPORE - The Malaysian ringgit is set to extend gains into the remainder of the year as exports recover and the Federal Reserve eventually pivots to interest rate cuts. The ringgit has been the top ...
Singapore’s DBS, Mashreq join forces for same-day cross-border payments
Dubai-based lender Mashreq has joined forces with Singaporean lender DBS, paving the way for the Middle Eastern bank’s retail customers to make same-day, near-instant cross-border payments in certain ...
Parents open up about their frustrations with tuition in Singapore, and what can be done better
Much ink has been spilled about how stressful and competitive Singapore's education system can be. Just ask any parent with school-aged children. And despite the changes to education policies in ...
5G to hit 5.6 billion subscribers in 2029, but 4G will remain dominant in three regions
Globally, total mobile data traffic will more than triple in the next five years. Growing AI adoption could push that even higher.
1 in 3 of Singapore’s wealthiest billionaires are not originally from Singapore
SINGAPORE: Insider Monkey recently unveiled its list of Singapore’s 30 wealthiest individuals, sourced from Forbes’ real-time billionaire data as of June 24, 2024. What’s striking is that 1 in 3 of ...
Singapore offers carbon tax rebates of up to 76% for refiners, petrochemical firms, sources say
The tax concessions will help them ease cost strains and remain competitive versus rivals elsewhere. Read more at straitstimes.com.
TOKEN2049 Singapore Set to Be World’s Largest Web3 Event With 20,000 Attendees And Over 500 Side Events
Set to welcome 20,000 attendees from over 150 countries, TOKEN2049 will return to Singapore once more, converging industry leaders and global cultural icons alike in Asia's leading economic hub to ...
3 Singapore REITs That Announced Divestments Recently: Should Income Investors Pay Attention?
Paragon REIT has a portfolio of five properties in Singapore and Australia. Just last week, the retail REIT announced the divestment of The Rail Mall for S$78.5 million. The property is a strip mall ... ( read original story ...)
Stocks to watch: OCBC, Great Eastern, Wing Tai, Yoma, No Signboard
Responding to queries from the Securities Investors Association (Singapore), or Sias, OCBC said Great Eastern’s listed status does “not affect” the close relationship between the bank and its ...
DBS Bank Eyed as Possible ‘Ether Whale’ Amid Crypto Market Surge
Discover how the rise of cryptocurrency is reshaping corporate norms and transferring DBS Bank and McDonald's in Singapore into the world of digital currency.
Turkey’s Simsek to speak at FATF watchdog meeting in Singapore, state media says
Turkish Finance Minister Mehmet Simsek will speak at the Financial Action Task Force meeting in Singapore, Turkish state media said on Thursday, ahead of a decision by the international crime watchdog ...
More than 110 suspicious bank accounts with over $400k blocked by UOB or seized by police
The operation was conducted by UOB and officers from the Anti-Scam Centre from June 17 to 24. Read more at straitstimes.com.
Singapore prime office rents hit pause after 3 years of non-stop growth: CBRE
Rents of Grade A offices in Singapore’s core central business district (CBD) held steady at $11.95 psf per month in the second quarter, pausing after rising non-stop for the past 12 quarters, ...
Singapore won best first-class airline in the world for its exclusive hotel-like Airbus A380 suite. Here’s what it’s like inside.
Singapore Airlines won the 2024 Skytrax award for the world's best first-class service. The airline's Airbus A380 planes sport a hotel-like suites that can convert into double rooms. The ...
OCBC stands by its Great Eastern offer, says it represents a ‘meaningful premium’
SINGAPORE – OCBC said on June 27 that its offer price of $25.60 a share in the bid to take its insurance arm Great Eastern Holdings (GE) private represents a “meaningful premium” for shareholders.
Great Eastern to delist only if in our interests and conditions acceptable: OCBC
GREAT Eastern’s offeror OCBC will only take the insurer private if the “conditions are acceptable and in the interests of OCBC and its shareholders”, said the bank in response to questions from the ...