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Month: March 2026

Posted on 19/03/2026

Crypto.com cuts 12% of staff as it accelerates AI push

Singapore-headquartered cryptocurrency exchange Crypto.com is set to cut up to 12% of its workforce due to company-wide artificial intelligence (AI) integrations, joining a growing list of companies ...

Posted on 19/03/2026

Singapore Bank Earnings: Rising Above the Rate Cycle

As the “higher-for-longer” interest rate environment of the past few years began to plateau in 2025, Singapore’s banking giants faced a critical test of their business models. The shift toward lower ...

Posted on 19/03/2026

Singapore, Japan ‘strategically aligned’ for a stronger partnership: PM Wong

TOKYO – Singapore and Japan are strategically aligned, with similar views on the importance of free and open trade, as well as international cooperation. Both also have a shared interest in new areas ...

Posted on 19/03/2026

UOB banks on stable renminbi as it plans 5 billion yuan Panda bond

SINGAPORE] UOB said on Thursday (Mar 19) it plans to issue five billion yuan (S$933.6 million) of 2026 renminbi bonds (Series 1) in China’s interbank bond market, marking its latest fundraising in the ...

Posted on 19/03/2026

Singapore-based Crypto.com lays off 12% of staff, third cut in four years

Crypto.com, a Singapore-based cryptocurrency exchange, has laid off 12% of its global workforce as part of a strategic restructuring. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/03/2026

UOB issues RMB 5 billion 3-year Panda bond at one of the lowest coupon for an international issuer

UOB has successfully priced an RMB 5.0 billion three-year bond at 1.83 per cent. UOB was the first Singaporean issuer and only Singaporean bank in the Panda bond market. This is the Bank's third Panda ...

Posted on 19/03/2026

Singapore – Client Update – United Overseas Bank Ltd V Xu Yuanchen And Another [2026] SGHCR 5.

Singapore - Client Update - United Overseas Bank Ltd V Xu Yuanchen And Another [2026] SGHCR 5. Legal News and Analysis - Singapore - Dispute Resolution - Commercial Litigation - Conventus Law ...

Posted on 19/03/2026

DBS, POSB digital banking services restored after one-hour disruption during lunchtime

Some DBS and POSB customers could not use the banks’ digital banking services to pay for food for about an hour on March 19.

Posted on 19/03/2026

DBS digital services hit by outage, bank says ‘deposits remain safe’

The bank added that DBS and POSB cards could still make payments, while customers could check their account balances at automated teller machines (ATMs) and the digiBot service. Cash withdrawals were ...

Posted on 19/03/2026

Singapore’s DBS says customers facing difficulties accessing digital services

Singapore's DBS Bank said on Thursday that its ​customers have been facing ‌difficulties accessing some of the lender's digital services, but said their ​accounts were secure.

Posted on 19/03/2026

Singapore’s DBS says digital services back to normal after outage

SINGAPORE, March 19 (Reuters) - Singapore's DBS Bank said on Thursday that its digital services have returned to normal as of 1:19 p.m. (0519 GMT) after customers had problems gaining access from ...

Posted on 19/03/2026

Singapore PM warns prolonged Hormuz blockade could trigger global economic shock

Singapore Prime Minister Lawrence Wong has warned that a prolonged blockage of the Strait of Hormuz will have a far-reaching impact on the global ...

Posted on 19/03/2026

DBS users affected by outage, Downdetector reports spike

[SINGAPORE] Users of DBS services were hit by an outage on Thursday (Mar 19), with website, banking app and PayLah app at least partially affected. The first Downdetector report was submitted at 11.49 ...

Posted on 19/03/2026

DBS, POSB digital banking services down for some users

Over 2,100 reports were recorded for DBS and POSB services as at 12.30pm. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 19/03/2026

Singapore remembers past with Japan but can still move forward to forge mutually beneficial relationship: PM Wong

On his first visit to Japan as Singapore's prime minister, Mr Wong spoke about the importance of maintaining strong relationships with other countries amid a more complex geopolitical environment.

Posted on 19/03/2026

HSBC mulls deep job cuts from multiyear AI-fuelled overhaul

Global banks will eliminate as many as 200,000 positions in the next three to five years Read more at The Business Times.

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