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Month: November 2021

Posted on 24/11/2021

Singapore bank DBS in day two of its biggest tech outage in a decade

DBS Group Holdings Ltd, Southeast Asia's largest bank, faced disruption in its online banking services for the second consecutive day on Wednesday, drawing the ire of customers just hours after ... ( read original story ...)

Posted on 24/11/2021

MAS’ decision to steepen the S$NEER seen as prescient

This is according to a joint CPI release by MAS and MTI. The Monetary Association of Singapore’ decision to pre-emptively tighten monetary policy settings by steepening the S$NEER slope from 0% to 1% ... ( read original story ...)

Posted on 24/11/2021

How Singapore’s water management has become a global model for how to tackle climate crisis

The government is working hard to ensure Singapore does not become a modern-day Atlantis, Plato’s famous sunken city. ( read original story ...)

Posted on 24/11/2021

Mooreast debuts on Catalist at 29 cents, 31.8% above IPO price

The company estimates its post-offering market capitalisation to be around $57 million.. Read more at straitstimes.com. ( read original story ...)

Posted on 24/11/2021

Singapore’s DBS Faces Second Day of Digital Banking Glitches

Southeast Asia’s biggest lender DBS Group Holdings Ltd. is encountering a second day of outages in its digital banking services. ( read original story ...)

Posted on 24/11/2021

Singapore’s DBS suffers second day of online banking disruption

DBS Group Holdings Ltd, Southeast Asia's largest bank, is facing disruptions in its online banking services for the second consecutive day on Wednesday after service outages began on Tuesday morning, ... ( read original story ...)

Posted on 24/11/2021

Singapore’s Coda Payments Seeks $4 Billion Value in Sale

Singapore-based Coda Payments Pte is weighing options including a sale or an initial public offering, according to people with knowledge of the matter.Most Read from BloombergAsia’s Richest Man Looks ... ( read original story ...)

Posted on 24/11/2021

So long, 5BX: Singapore Army rolls out PX exercises, more snacks and rest

The time-honoured five basic exercises or 5BX, performed by generations of Singapore Army soldiers as part of their morning routine since the 1970s, have been phased out in favour of a new set of ... ( read original story ...)

Posted on 24/11/2021

Singapore economy grows 7.1% in Q3, full-year GDP growth narrowed to about 7%: MTI

SINGAPORE: Singapore's economy grew by 7.1 per cent year-on-year in the third quarter of 2021, beating expectations, but still slower than the 15.2 per cent growth recorded in the previous quarter. ( read original story ...)

Posted on 24/11/2021

POSB, DBS customers lose it after banks offline over a day

Customers of two local banks have been panicking after their services were down for over a day. Though DBS Bank and subsidiary POSB Bank announced this morning that all services including transferring ... ( read original story ...)

Posted on 24/11/2021

Singapore bank DBS says services disrupted for second day

DBS Group Holdings Ltd, Southeast Asia's largest bank, is facing disruptions in its online banking services for the second consecutive day on Wednesday after service outages began on Tuesday morning. ( read original story ...)

Posted on 24/11/2021

SG bank DBS says digital services disruption has recurred after services were restored on Wed morning

Services for DBS Bank and POSB were fully restored early Wednesday morning (Nov 24), after more than 15 hours of disruption, the bank said. However, some users were still unable to access the services ... ( read original story ...)

Posted on 24/11/2021

Singapore GDP growth to slow to 3-5% in 2022 after 7% gain this year

Singapore's economic growth will slow to between 3 per cent and 5 per cent next year amid an uneven recovery at home and lingering uncertainty over global growth, the Ministry of Trade and Industry ... ( read original story ...)

Posted on 24/11/2021

Singapore sees 2021 GDP at top of projections, upgrades Q3 growth

Singapore's economy expanded more than initially estimated in the third quarter, official data showed on Wednesday, and the government forecast growth to come in at about 7% for the full year before ... ( read original story ...)

Posted on 24/11/2021

Singapore economy grows 7pc in 2021, but MTI expects slower 3-5pc growth in 2022 amid uneven recovery

Singapore’s gross domestic product (GDP) growth is expected to come in at about 7 per cent this year, before slowing to 3 to 5 per cent next year amid an “uneven” recovery, said the Ministry of Trade ... ( read original story ...)

Posted on 24/11/2021

Customers still reporting issues after DBS says digital banking services restored

SINGAPORE: DBS Bank on Wednesday morning (Nov 24) said digital banking services have been restored, even as some customers continued to report issues accessing services. The disruption of DBS and POSB ... ( read original story ...)

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