Meteoric Singapore Stock Comes Crashing Back to Earth

After a spectacular rise for two years, Singapore’s biggest technology company is suddenly returning to earth. All eyes in the country’s financial community have been on Venture Corp., an electronics stock that more than tripled since April 2016 to ... ( read original story ...)

Schedule confirmed for HSBC London Sevens

After a dramatic final at the HSBC Singapore Sevens where Fiji claimed their third-consecutive victory on the series, they also overtook South Africa to top the overall standings. Gareth Baber’s side will be looking to continue their winning streak in ... ( read original story ...)

OCBC’s earnings show some soft spots, stock takes a hit

An hour before the end of trade in Singapore, OCBC shares were down 3.6%, contrary to the trend in the other bank stocks on the Singapore Exchange. In all, Singapore's second-largest bank reported net profit of S$1.11 billion ($831 million) for the first ... ( read original story ...)

Singapore Personal Finance Management Platform Get Acquired

Seedly, the personal finance management platform based in Singapore, is joining forces with ShopBack, the one-stop lifestyle portal of Singapore. This is the Cashback e-Commerce startup’s first acquisition after its USD40M funding announcement in ... ( read original story ...)

The Best Credit Card Sign-up Promotions in Singapore 2018

Citibank credit cards $100 CapitaVouchers (MoneySmart exclusive) + up to $120 cashback New to Citibank credit cards Sign up through MoneySmart (for vouchers, expires 31 May 2018) Min. spend $200 every month x 6 months (for cashback, expires 30 Jun 2018 ... ( read original story ...)

Property: 3 (legal) ways to avoid paying ABSD

In Singapore, all property purchases are charged Buyer’s Stamp Duty (BSD), calculated at 1% on the first $180,000, 2% on the second $180,000, and 3% on the rest of the property’s cost. But in December 2011, the Government implemented the ... ( read original story ...)

3 in 10 bosses could pay bribes to win business

Despite regulators and law enforcement agencies around the world imposing more than US$11b of financial penalties since 2012, 10% of Singapore executives still believe bribery and corrupt practices remain prevalent in business, EY revealed in a report. ( read original story ...)