SINGAPORE has yet to receive any new proposals from Malaysia to develop a high-speed railway (HSR) between Kuala Lumpur and Singapore, said Acting Minister for Transport Chee Hong Tat in Parliament on ...
Singapore consumers need over S$500,000 to achieve financial freedom: Singlife survey
A Singlife survey found that the average S'pore consumer needs to have savings of S$566,640 to achieve financial freedom. How long will it take?
Singapore bank DBS’ Q2 profit beats estimates; expects record year
Singapore's biggest bank DBS Group said on Thursday its second-quarter profit jumped a forecast-beating 48% to a new record as higher interest rates helped drive income growth, and forecast growth in ...
Can Property Investing Ever Be Safe? Here’s Why A Guaranteed Real Estate-Backed Loan Could Be Your Best Option For Regular Passive Income
Since BigFundr’s targeted Deal returns of more than 6% nett p.a. are currently higher than fixed deposits and provide more stability than equity investments, investors can now diversify into investing ...
Singapore’s Bank DBS Second-Quarter Net Profit Jumps 48% On-Year
SINGAPORE (Reuters) - Singapore's biggest bank DBS Group reported on Thursday a 48% rise in net profit in the second quarter from a year earlier on the back of stronger total income growth.
Singapore’s Indian origin investment Guru Narayana Iyer Narayanan dies
Singapore’s investment guru Narayana Iyer Narayanan, who represented the interests of minority stakeholders in major corporations, has passed away. He was 95. Narayanan, who had deep knowledge of the ...
Finmo launches in Singapore after securing MPI license
Finmo, a payments company headquartered in Singapore, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Singapore’s PM defends governance after scandals
Singapore’s prime minister has defended its reputation for clean governance after a corruption investigation and an “inappropriate” parliamentary relationship tarnished the city-state’s image just as ...
Cheques, passbooks and 1-cent coins: 5 ways money and banking transactions have changed in Singapore
Amid falling cheque usage and higher processing costs, banks in Singapore will start charging customers for issuing Singapore dollar-denominated cheques by November.
Woman jailed for tricking teacher into ‘investing’ S$145,500 in fake SAF eMart business
The victim got to know the accused after buying items from her shops in Beach Road for his National Cadet Corps students.
Are We In A Schrödinger’s Recession? Understanding The Dual Reality of Recovery and Recession In Singapore
Nobody is certain if we are truly in a recession yet even though we have been bracing for it. When you look at the intricacies of market trends, consumer behaviour, and government policies, some signs ...
OCBC customers can use bank’s app to pay merchants in 47 markets including China
SINGAPORE - OCBC customers will be able to use the bank’s digital app from Friday to make retail payments to UnionPay QR-enabled merchants in 47 markets from their OCBC Singapore bank accounts. They ...
Average Singapore consumer needs to save at least $1,733 per month over 27 years to feel financially free: survey
To feel financially free, the average consumer in Singapore would have to save at least $1,733 per month over approximately 27 years to accumulate a median savings of $566,640, according to a survey ...
Singapore: MAS to Strengthen Defense Against Money Laundering Risks in Single Family Offices
MAS recently launched a public consultation on a revised framework to strengthen surveillance and defense against money laundering.
Singapore’s GIC boosts infrastructure investment in India, Vietnam
SINGAPORE -- Singaporean sovereign wealth fund GIC is focusing on infrastructure investments and moving money from China to India and Southeast Asia, looking for more stable returns than those ...
Singapore fintech funding at 3-year low, but experts say recovery near
SINGAPORE fintech funding sank to a three-year low in the first half of 2023 as rising interest rates and economic headwinds continued to dent investor sentiment, but experts believe a recovery is on ...