Singapore's second-biggest listed-lender, Oversea-Chinese Banking Corp, reported a 9% decline in quarterly profit, dragged down by lower total income in pandemic-hit markets, but showed growth in its ... ( read original story ...)
OCBC flags recovery signs after Q4 profit decline
SINGAPORE: Singapore's second-biggest listed-lender, Oversea-Chinese Banking Corp (OCBC), reported a 9 per cent decline in quarterly profit, ... ( read original story ...)
DBS launches organic cotton procurement financing programme with Zara owner
SINGAPORE- DBS Bank has partnered Zara owner Inditex to launch a pilot organic cotton procurement financing programme which will disburse payment to over 2,000 farmers in India.. Read more at ... ( read original story ...)
Singapore’s Biggest Developer CapitaLand Posts Full-Year Loss
CapitaLand Ltd., Singapore’s largest developer, posted a full-year loss after writing down the value of some investment properties and residential projects during the pandemic. ( read original story ...)
Singapore Trials Smartphone App Offering Mini Check-Ups
Each morning before work at a Singapore construction site, Gunasekar Udayakumar, 41, gets his vital signs checked, without going to a clinic, or even seeing a nurse. All he needs is his smartphone, ... ( read original story ...)
Singapore lender OCBC’s Q4 profit falls 9%, hit by lower total income
Singapore's second-biggest listed-lender, Oversea-Chinese Banking Corp Ltd OCBC.SI, reported a 9% decline in quarterly profit on Wednesday, dragged down by a 15% drop in total income in pandemic-hit ... ( read original story ...)
Workers, employers welcome progressive wages in Singapore’s retail sector
But some retailers may find it harder to implement a progressive wage model than others, say experts.. Read more at straitstimes.com. ( read original story ...)
Traveloka’s Staycation Packages Include Breakfast & Dining Credits To Squeeze Your Unused SRVs Dry
Book your hotel rooms through Traveloka for exclusive staycation packages and deals. Plus, you can even get an additional $10 off! ( read original story ...)
50% off selected Paradise Group dishes from Mar. 1 – Apr. 29 for members & Citibank cardholders
Paradise Group is offering a 50 per cent discount on selected food items for Paradise Group members, as well as Citibank credit and debit cardholders. The promotion period starts from March 1 to April ... ( read original story ...)
Michael Borts Joins Trascent as Managing Director, APAC
With extensive experience in business and technology transformation consulting, Borts to lead firm's Asia Pacific division & develop new tech consulting practice SOMERVILLE, N.J., Feb. ( read original story ...)
Shantanu Mitra to rejoin Temasek-backed Fullerton India as CEO
Rajashree Nambiar stepped down as MD & CEO in January 2021 after a three-year stint to pursue outside interests ... ( read original story ...)
With IPO in sight, investors see Zomato feeding many more mouths
Existing investors such as Tiger and Kora will certainly hope that public market investors see the rising graph of Zomato’s valuations and give it a valuation of over $7 billion in its planned IPO lat ... ( read original story ...)
Singapore’s central bank says no ‘significant funds’ from Myanmar firms, citizens in city state
The Monetary Authority of Singapore’s response came as the government faced renewed pressure over Myanmar’s foreign reserves purportedly deposited in the city state. ( read original story ...)
No significant funds from Myanmar companies and individuals found in Singapore banks: MAS
SINGAPORE: The Monetary Authority of Singapore (MAS) said on Tuesday (Feb 23) that its regular surveillance of the banking system has not found ... ( read original story ...)
Hawaii State Legislator Wants to Take a Page from Singapore’s Housing Playbook
When Singaporeans buy homes, they pull from a special savings account managed by the government. Could it work here? A Hawaii State Senator is hoping to adapt the idea as part of a new social-housing ... ( read original story ...)
GP Global collapse: Oil trader moves to block minority creditor action
Scandal-hit oil trader GP Global, which is currently undergoing restructuring, is seeking court intervention to stop creditors in Singapore “stealing a march” on banks that are owed millions of ... ( read original story ...)