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Month: July 2023

Posted on 04/07/2023

OCBC unveils unified brand across core markets, plans to expand teams in the region

The bank will double the number of relationship managers serving high-net-worth customers in the Premier Banking and Premier Private Client segment in Greater China by 2025.

Posted on 04/07/2023

Taylor Swift’s Singapore Gig Frenzy Propels UOB Card Signups

Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank Ltd.’s cards as the frenzy to get hold of the pop star’s Singapore concert tickets heats up.

Posted on 04/07/2023

Singapore Forces Crypto Exchanges to Move Customer Funds to A Trust

Last month, Singapore approved a payments institution license for Ripple, permitting the firm to extend crypto tokens and services. Since 2020, the company has been engaged in a protracted legal ...

Posted on 04/07/2023

Singapore Travelers – Top 10 Most Visited Countries according to Visited App

Top 10 Most Visited Countries according to Visited App Visited Travel Map App Offers Inspiration and Bucket List Destinations for International Travelers GlobeNewswire July 04, 2023 TORONTO, July 03, ...

Posted on 04/07/2023

As Singapore’s Orchard Towers closes its nightclub doors, sex workers worry for their futures

In its heyday, Orchard Towers was full of go-go bars, strip clubs and discos. Now, the nightclubs that remain have until the end of the month to move out – leaving exotic dancers, live bands and sex workers in the lurch.

Posted on 04/07/2023

GIC-Backed $2 Billion Fintech Nium Targets US IPO in Two Years

Singapore payments company Nium Pte aims to break even in time for a US initial public offering within two years, a positive signal for Southeast Asia’s struggling startup ecosystem.

Posted on 04/07/2023

Singapore banks can’t afford to miss out on coal phase-out despite immense challenges

THE hot topic in South-east Asian sustainable finance these days is the early retirement of viable coal power plants, known in industry shorthand as coal phase-out. Read more at The Business Times.

Posted on 04/07/2023

Singapore’s OCBC Bank eyes expansion in China, Southeast Asia to tap growing demand for wealth management

Singaporean banking giant OCBC Group plans to expand in China and Southeast Asia in a bid to capture the strengthening trade relationships and growing demand for wealth management in the area, its boss said on Monday.

Posted on 04/07/2023

Singapore star banker creates succession dilemma for DBS

Piyush Gupta has led one of Singapore’s most iconic institutions, the bank that helped turn the South-East Asian city-state into one of the richest countries in the world.

Posted on 04/07/2023

Taylor Swift’s Singapore Concert Frenzy Propels UOB Card Signups

Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank Ltd.’s cards as the frenzy to get hold of the pop star’s Singapore concert tickets heats up.

Posted on 04/07/2023

Nightclub doors at Singapore’s ‘4 Floors of Whores’ are closing for good in less than 30 days. Its nightclub owners and sex workers are trying to figure out where to go next.

For decades Singapore's Orchard Towers has been known for its nightlife and sex tourism. Authorities have given the nightclubs until July 31 to move out.  The crackdown on nightclubs threatens workers ...

Posted on 04/07/2023

Daily Cuts – Suicides in Singapore rise to 22-year high

In 2022, a total of 476 suicides were reported in Singapore – the highest number in more than 20 years, according to the Samaritans of Singapore (SOS). Singapore Today’s Lance Alexander and Justine ...

Posted on 04/07/2023

Singapore’s Power Squeeze Is Tighter Than Its Housing Crunch

If the stock market is right, the city’s residents will have to put up with bloated energy bills long after rents have eased.

Posted on 04/07/2023

Should you invest or insure first? Expert sheds light on common financial planning dilemma

Before seeking returns, build a strong financial foundation with insurance to protect yourself against life’s uncertainties. Read more at straitstimes.com.

Posted on 04/07/2023

Singapore’s star banker Piyush Gupta creates a succession dilemma for DBS

DBS Group Holdings Ltd., led by CEO Piyush Gupta for over 13 years, faces the challenge of finding a successor who can maintain the bank's success and emulate Gupta's leadership. The bank's recent ...

Posted on 04/07/2023

Singapore’s Crypto Firms Have to Keep Customer Funds in a Statutory Trust: MAS

Singapore’s top financial regulator issued a notice on 3rd July ordering crypto service providers in the region to transfer all user funds to a statutory trust before the end of the year. The decision ...

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