UOB said it would also bring onboard Citibank's 5,000 employees in the four countries, including senior leadership, after the deal closes. . Read more at straitstimes.com. ( read original story ...)
Singapore strengthens measures to deal with inflation
In the context of inflation being at its highest level in almost a decade, the Singaporean government has devised a multi-pronged strategy to minimise inflationary pressures on businesses and ... ( read original story ...)
China’s annual crude oil imports drop for first time in 20 years
China's annual crude oil imports slid 5.4per cent in 2021, dropping for the first time since 2001, as Beijing clamped down on the refining sector to curb excess domestic fuel production while refiners ... ( read original story ...)
Australian supply chain chaos that fuelled supermarket shortages creeps into exports to Hong Kong
Canberra has moved to ease Covid-induced labour shortages that tripped up domestic supply chains, but Asian importers are starting to feel the squeeze. ( read original story ...)
Singapore Tycoon Wee Cho Yaw’s UOB To Buy Citi’s Southeast Asia Consumer Business For $3.6 Billion
United Overseas Bank—controlled by billionaire Wee Cho Yaw—has agreed to acquire Citigroup’s consumer banking business across Indonesia, Malaysia, Thailand and Vietnam as the Singapore lender ... ( read original story ...)
Singapore envisions a future without carparks at home
Some 50 years from now, there may no longer be carparks in every building. After a person alights at his destination, his car would travel on its own to an out-of-the-way storage hub, where it can ... ( read original story ...)
Citi to sell retail arms in 4 Southeast Asian markets to Singapore’s UOB for $3.65 billion
Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for S$4.915 billion ($3.65 billion), bringing the U.S. bank closer to its goal of ... ( read original story ...)
‘Ownself check ownself’ is a virtue, Singapore in trouble if govt can’t ensure public accountability, says health minister
A government that has its own set of checks and balances is one that is accountable and functions well, which is why the Singapore government's ability to “ownself check ownself” is a virtue, Health ... ( read original story ...)
Singapore is right: don’t browbeat parents into vaccinating their kids against Covid. Persuade them
While the data suggests such jabs are safe, and Omicron has raised the stakes, ultimately it should be for parents to weigh the risks and benefits, writes . ( read original story ...)
Singapore’s UOB to buy Citi retail arms in 4 Southeast Asia markets for $3.65 bln
Singapore lender United Overseas Bank (UOB) has agreed to buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion), funding the ... ( read original story ...)
Singapore MOM: Overworking, eldercare leave, and mental first aid responders
MOM also shared several initiatives to prevent overworking, such as the Workplace Safety and Health (WSH) Council, which promotes the protection of workers to prevent fatigue. ( read original story ...)
Singapore’s UOB to buy Citi retail operations in 4 countries for $3.65 bln
Singapore lender United Overseas Bank (UOB) has agreed to buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion), funding the ... ( read original story ...)
Singapore’s UOB to buy Citi retail arms in 4 Southeast Asia markets for $3.65 billion
SINGAPORE (Reuters) -Singapore lender United Overseas Bank (UOB) has agreed to buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion ... ( read original story ...)
Singapore salary insights 2022 for 5 sectors: ICT, banking & finance, manufacturing, and more
A cloud engineer in the ICT sector, with three to five years of credentials, could earn a monthly salary in the range of S$5,000 to S$7,000, while a relationship manager in the banking & finance ... ( read original story ...)
Singapore’s UOB to buy Citi’s retail business in 4 markets for $3.65 bln
Singapore lender United Overseas Bank (UOB) UOBH.SI has agreed to buy Citigroup's C.N consumer businesses in Indonesia, Malaysia, Thailand and Vietnam for about S$4.915 billion ($3.65 billion). "The ... ( read original story ...)
Singapore’s UOB to buy Citigroup consumer businesses in four Asian countries
Singapore's lender United Overseas Bank Ltd said on Friday that it would buy Citigroup's consumer businesses in Indonesia, Malaysia, Thailand and Vietnam. ( read original story ...)