Mediacorp actor Yao Wenlong, who owns pao fan speciality restaurant Sun Gourmet Kitchen (新煌亭), first opened the eatery in late 2019, months before the Covid-19 pandemic. Prior to the pandemic, the ...
Singapore launches expanded initiative for cross-border usage of digital currency
The Monetary Authority of Singapore has launched an expanded collaboration with international partners on cross-border foreign exchange settlement using wholesa ...
Singapore’s fintech boss says stablecoins might win before CBDCs even get started
While central bank digital currencies (CBDCs) are often advanced as a way to improve the world's creaking cross-border payments infrastructure, some financial experts believe the government-issued ...
OCBC profit jumps 31%, rounding up record quarter for Singapore banks
But analysts say growth could be derailed by a big increase in U.S. interest rates — already at multi-year highs — as central banks try and tackle runaway inflation.
Hong Kong’s bid to join RCEP will tie its economic future to Singapore, rest of Asean
Southeast Asia is Hong Kong’s most potent economic hinterland outside the Chinese mainland, and there is no reason for countries in the region to view the city as a “zero-sum competitor”.That was the ...
Airport development and operation, Singapore style
Singapore is renowned for its airport development the world over. Andrew Tan, director and head of Airport Operations at Changi Airports International, talked to VIR’s Bich Thuy about the successful ...
Share Market LIVE: Nifty, Sensex may open in red amid weak global cues; Fusion Micro Finance IPO last day
The initial public offering of Fusion Micro Finance will conclude today. The IPO has witnessed muted response from investors so far as the offer has garnered bids for 61.46 lakh shares against IPO ...
Singapore seafood prices edge higher after supply crunch caused by bad weather
The onset of bad weather in the region well ahead of the usual monsoon season has meant that some types of seafood, such as pomfret, prawns and red ...
As T-bill interest rates rise, more are investing their CPF savings in them. Should you do the same?
More than 3,000 applications – amounting to S$450 million – were made by CPF members to invest their Ordinary Account savings in the three T-bill auctions last month.
Singapore Bank OCBC’s Q3 Profit Jumps 31% to Record High on Rates
Southeast Asia's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) reported a 31% rise in quarterly profit to a record high, powered by a surge in net interest income as banks benefit from ...
Singapore bank OCBC’s Q3 profit surges to record on rates
Southeast Asia's second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) beat market estimates with a 31% rise in quarterly profit to a record on Friday, powered by a surge in net interest ...
Insead: Singapore ranks 2nd after Switzerland at attracting talents but has trouble retaining them
Singapore moved up one spot this year to rank sixth among cities in attracting and developing talent, while retaining its second position behind Switzerland ...
Explainer: What the US Fed’s latest signals on rate hikes mean and the implications for Singapore
In delivering its fourth straight steep interest rate hike on Thursday (Nov 3) to quell inflation, the United States Federal Reserve (Fed) signaled that it could slow down the pace of future rate ...
Singapore to pursue cross-border digital currency potential
Monetary Authority of Singapore will work with global partners, including Swiss National Bank and Banque de France, to explore the use of wholesale central bank digital currency for cross-border ...
Singapore ranks 2nd after Switzerland at attracting talents but has trouble retaining them: Insead
Singapore moved up one spot this year to rank sixth among cities in attracting and developing talent, while retaining its second position behind Switzerland in the ranking among countries.
Explainer: What the US Fed’s latest signals on rate hikes mean and what are the implications for Singapore?
In delivering its fourth straight steep interest rate hike on Thursday (Nov 3) to quell inflation, the United States Federal Reserve (Fed) signaled that it could slow down the pace of future rate ...