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Month: September 2021

Posted on 27/09/2021

OCBC Bank to reveal first sustainability-linked deposit in Singapore

The deposit has a required minimum investment amount of $5,000. OCBC Bank announced that a sustainability-linked structured deposit, the first of its kind in Singapore, will be made available for ... ( read original story ...)

Posted on 27/09/2021

Vaccinated and Ready to Travel? Here’s What You Need to Know

Singapore recently announced that vaccinated individuals may be able to travel without serving a 14-day SHN at a hotel. Instead, in its place will be a rigorous testing regime or a shorter seven-day ... ( read original story ...)

Posted on 27/09/2021

DBS CEO Says Evergrande Doesn’t Pose Systemic Risk to Asia Banks

China Evergrande Group and doesn’t see the crisis that’s enveloping the Chinese developer as a systemic risk to the region’s banking industry, its chief executive officer said Monday. “I don’t think a ... ( read original story ...)

Posted on 27/09/2021

Singapore banks say no exposure to China’s troubled developer Evergrande

SINGAPORE - Singapore banks do not have any exposure to troubled Chinese property conglomerate Evergrande.. Read more at straitstimes.com. ( read original story ...)

Posted on 27/09/2021

Singapore to develop carbon credit trading marketplace to support decarbonisation, sustainability: Tan See Leng

SINGAPORE - The Republic is scaling up its efforts to develop an international carbon trading marketplace and a services ecosystem to support decarbonisation, Dr Tan See Leng, the Minister for ... ( read original story ...)

Posted on 27/09/2021

Beach Energy inks five year LNG deal with BP Singapore

Kerry Stokes-backed Beach Energy has inked a five year deal to supply LNG to BP Singapore from its onshore gas project in Western Australia’s mid-west. ( read original story ...)

Posted on 27/09/2021

There’s growing interest in mediation in India: Singapore law minister

"The Supreme Court of India upholding the Emergency Arbitrator (EA) Award by the SIAC, under SIAC rules, is a welcome developmen," said Shanmugam ... ( read original story ...)

Posted on 27/09/2021

Real-time mobile fund transfers between Singapore, Malaysia to commence late next year

SINGAPORE - Consumers in Singapore and Malaysia will be able to make real-time cross-border fund transfers using their mobile phones by the end of next year, the two countries' central banks announced ... ( read original story ...)

Posted on 27/09/2021

Singapore’s PayNow to be linked with Malaysia’s DuitNow in phases from 2022

SINGAPORE: Singapore’s PayNow and Malaysia’s DuitNow will be linked in phases from the fourth quarter of 2022, allowing customers of participating financial institutions to make real-time funds ... ( read original story ...)

Posted on 27/09/2021

Singapore is seeing daily record Covid cases. Here’s why it may not be a bad thing

The Covid wave may mean people are gaining further protection against future infection while avoiding severe illness, two medical experts told CNBC. ( read original story ...)

Posted on 27/09/2021

McKinsey Report: Asia-Pacific digital banking accelerating

Consumer use of digital banking has risen sharply recently and the driving force behind this is the soaring adoption rate in emerging markets including India ... ( read original story ...)

Posted on 27/09/2021

VP Bank in Asia makes two newly-created key appointments to its Asia Management Committee

VP Bank has today announced the appointments of Alexander Tsikouras as Chief Financial Officer & Chief Operating Officer Asia and Will Wang as Head of Client Solutions & Strategic Partnerships Asia in ... ( read original story ...)

Posted on 27/09/2021

Malaysia’s DuitNow and Singapore’s PayNow to Link in 2022

Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) today announced plans to commence a phased linkage of Malaysia's DuitNow and Singapore's PayNow real-time payment systems. The ... ( read original story ...)

Posted on 27/09/2021

Singapore reports record 1,939 fresh COVID-19 cases, 2 deaths

Singapore reported a record 1,939 fresh COVID-19 cases on Sunday, including 398 cases from dormitories for foreign workers. The nation also saw two new fatalities due to the infection. Of the new ... ( read original story ...)

Posted on 27/09/2021

Singapore finding it hard to ‘live with Covid’

Singapore's“living with Covid” strategy is being tested by a record rise in new daily cases, laying bare the challenges of moving from p ... ( read original story ...)

Posted on 27/09/2021

Singapore Stocks Rise as Minister Says Still Set on Reopening

Singapore stocks rose Monday amid comments from the city-state’s finance minister that the country is committed to reopening, and that recently reimposed curbs are to ensure the health system can ... ( read original story ...)

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