Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the United States that’s hitting ... ( read original story ...)
Lakshmi Vilas Bank To Become DBS Bank India From Friday, Withdrawal Cap Removed
The Union Cabinet approved merger of Lakshmi Vilas Bank with DBS Bank India and removed restrictions on withdrawal of deposits. ( read original story ...)
No cap on withdrawal after Lakshmi Vilas Bank’s merger with DBS Bank, says centre
With this, there will no further restrictions on the depositors regarding the withdrawal of their deposits,' Union minister Prakash Javadekar said ... ( read original story ...)
Singapore imports shrimp from Saudi Arabia in a first
Singapore has begun importing frozen shrimp from Saudi Arabia, the first time it is doing so from the Middle Eastern kingdom, as part of efforts to diversify its supply chains to safeguard food ... ( read original story ...)
Singapore starts importing frozen shrimps from Saudi Arabia
Singapore has begun importing frozen shrimps from Saudi Arabia, the first time it is doing so from the Middle Eastern kingdom, as part of efforts to diversify its supply chains to safeguard food ... ( read original story ...)
Singapore Trounces Hong Kong in ULI Poll of APAC Real Estate Investors
Singapore topped the list of Asia Pacific cities ranked by their property investment prospects by in a survey the Urban Land Institute (ULI). ( read original story ...)
Singapore pushes digital banks in face of China, US crackdown
Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the US that’s hitting major Chinese ... ( read original story ...)
India approves merger of Lakshmi Vilas Bank to Singapore’s DBS
The Indian government has approved the merger of crisis-hit Lakshmi Vilas Bank into the Indian unit of Southeast Asia's largest lender DBS. ( read original story ...)
Lakshmi Vilas Bank merger with DBS Bank approved by Cabinet
In a major development for the beleaguered Lakshmi Vilas Bank (LVB), its merger with the Singapore-based DBS Bank has received an approval from the Cabinet. The issue came up for discussion before the ... ( read original story ...)
LVB to become DBS Bank India from Nov 27; ₹25,000 withdrawal restriction to go
Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on November 27, leading to removal of all restrictions, including withdrawal cap of ₹25,000, which the ... ( read original story ...)
Lakshmi Vilas Bank merger with DBS Bank: What it means for customers
On 17 November, the Reserve Bank of India had unveiled a draft scheme to amalgamate private sector lender Lakshmi Vilas Bank with DBS Bank India ... ( read original story ...)
Singapore imports frozen shrimp from Saudi Arabia in a first
The shrimps sourced from the Red Sea are supplied to FairPrice and other restaurants and foodstall owners.. Read more at straitstimes.com. ( read original story ...)
Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology
The Australian Border Force (ABF), the country’s customs and border protection agency, wants to simplify cross-border trade with Singapore using blockchain technology. Under the Australia-Singapore ... ( read original story ...)
A $30b telco shoots for the moon
Singtel might not have had a good 2020, but next year could be the launchpad for the telco giant’s stellar revival. Plus, an Indonesian fintech platform close ... ( read original story ...)
Singapore eyes deeper Guangdong ties as China’s Greater Bay Area plan takes shape: minister
Transport minister Ong Ye Kung says Beijing’s plan to transform Hong Kong, Macau and nine provincial cities into an economic hub will open up investment opportunities for. ( read original story ...)
Singapore Oil Tycoon Who Founded Hin Leong Denies HSBC’s Forgery Claim
Oil Tycoon Lim Oon Kuin, founder of troubled Singaporean oil trader Hin Leong, denied allegations by the company’s biggest creditor that he used forged documents to obtain financing. ( read original story ...)