Singapore’s government says there were 2.5 million failed DBS and Citi transactions during the lenders’ outage last month.
Israel-Hamas conflict has limited economic impact on Singapore unless it turns regional: DPM Wong
THE Israel-Hamas conflict has a small direct impact on Singapore’s economy, because of the Republic’s limited trade and investment links with Israel and Palestine, said Deputy Prime Minister Lawrence ...
Don’t conflate government actions with business operations: Dr Maliki on Israel boycott calls
GOVERNMENT actions during conflicts should not be conflated with business operations, said Second Minister for Foreign Affairs Maliki Osman on Monday (Nov 6), during the debate on a parliamentary ...
How Singapore is positioning itself as Asia’s carbon hub
Singapore has long boasted a sterling reputation as a trading powerhouse, the go-to hub in Asia for those looking to trade oil, gas, minerals, metals and other commodities. But recently, a new product ...
DBS, Citi outages prevented 2.5 million payment and ATM transactions from being completed
Around 810,000 attempts to access DBS and Citibank's digital banking platforms failed during the Oct 14 to Oct 15 disruption, said Minister of State for Trade and Industry Alvin Tan.
2.5m payments, ATM transactions failed in Oct 14 DBS, Citi disruptions
IN THE Oct 14 disruption to DBS and Citibank’s digital services, an estimated 810,000 attempts to access the digital platforms of both banks failed, and about 2.5 million payments and ATM transactions ...
Alvin Tan on fixing DBS and Citibank digital banking disruptions on Oct 14
The impact of the disruption of digital banking services of DBS and Citibank on Oct 14 was “wide”, said Minister of State for Trade and Industry and Monetary Authority of Singapore (MAS) Board Member ...
Barclays Hires Deutsche Bank Financing Executive in Singapore
Barclays Plc is hiring a financing executive from Deutsche Bank AG’s Asia Pacific investment bank as the British lender seeks to bolster its business in the region.
Singapore Tables Bill Allowing President to Take Overseas Roles
Singapore’s parliament has tabled an amendment to the constitution that if approved, would allow the president and government ministers to accept appointments in foreign and international organizations,
Singapore’s DBS Takes a Hit from Money-Laundering Affair
DBS is financially exposed to the tune of around S$100 million to a recent money-laundering scandal in the city-state, its CEO said.
Singapore connectivity level reaches 99%: IMDA report
The report also revealed that over the past few years, Singapore has made good progress as a digital society, with 98% of households having access to computers and almost all residents aged 18 to 59 ...
Singapore to look into corporate culture provision for company boards: Ravi Menon
SINGAPORE will assess the introduction of a new provision in its corporate governance code to establish good company culture, Monetary Authority of Singapore (MAS) managing director Ravi Menon said. Read more at The Business Times.
Deepavali weekend: Prepare for ‘very heavy traffic’ at Singapore land checkpoints
Planning a trip to Malaysia for Deepavali? Brace for significant traffic delays and heightened security measures at Woodlands and Tuas checkpoints, said ICA.
High-skilled professional jobs in Singapore may be most impacted by AI: Study
Cognitive capture risks reducing the overall demand for high-skilled professional jobs in Singapore. Find out why.
Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
During the quarter, DBS net profit rose to 2.63 billion Singaporean dollars ($1.94 billion) compared to SG$2.24 billion a year ago. The Singapore bank also declared a dividend of 48 Singapore cents ...
Q & M Dental Group (Singapore) (SGX:QC7) Is Looking To Continue Growing Its Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like ...