The environmental firm raises S$285.1 million with AAA-rated notes, setting a record low interest rate China Everbright Water (U9E 0%) successfully issued its first tranche of medium-term notes (MTNs) for the year, totaling 1.5 billion yuan (S$285.1 million) with a coupon rate of 2.8%. The notes are rated “AAA” by Shanghai Brilliance Credit Rating &...
Some Singaporeans see their Assurance Package payouts ahead of schedule, with early disbursements for OCBC clients. Singaporeans have started receiving early payouts from the Assurance Package (AP), with OCBC bank customers among the first to see the funds reflected in their accounts. The Ministry of Finance (MOF) had announced in November that adult Singaporeans would...
Scammers impersonating Temasek’s Shenzhen office to deceive individuals into paying money. Temasek Holdings, Singapore’s global investment company, issued an urgent warning on Wednesday (Nov 22) regarding a scam operating in China, where fraudsters are impersonating the company. The scammers are using the name “Temasek Holdings Advisors (Shenzhen) Co., Ltd.” to trick people into thinking they...
Following the collapse of Silicon Valley Bank, regulators step in to protect depositors, as another bank, Signature, also shuts down. On Sunday evening, US financial regulators announced emergency measures to prevent further financial instability after Silicon Valley Bank’s collapse. The key step was ensuring that all depositors at the failed bank would have immediate access...
Following the collapse of Silicon Valley Bank, regulators step in to protect depositors, as another bank, Signature, also shuts down. On Sunday evening, US financial regulators announced emergency measures to prevent further financial instability after Silicon Valley Bank’s collapse. The key step was ensuring that all depositors at the failed bank would have immediate access...
A curated list to help you find the perfect credit card for your financial goals. Navigating the world of credit cards can be daunting, with countless options promising enticing rewards and benefits. To simplify your journey, we’ve compiled a comprehensive guide to credit cards in Singapore for 2024. Whether you’re a frequent flyer, a cashback...