Citibank, Visa to launch a cloud-based B2B platform

It is designed for medium and large corporations. Citibank Singapore and Visa are launching a cloud-based business-to-business (B2B) platform aimed at addressing complex purchasing requirements for businesses. Dubbed Renepay, the e-procurement platform is ... ( read original story ...)

Banking on boring but safe home mortgages

Last month, a DBS Bank staffer got rather worked up at a tweet which said "UOB has the highest new home loan market share in Singapore, at 31 per cent: CEO". This reporter was contacted and grilled on the matter, such as how UOB made such a claim ... ( read original story ...)

OCBC injects S$600,000 into CSR scheme initiatives

SINGAPORE — OCBC Bank has expanded its corporate social responsibility (CSR) programme #OCBCCares with an additional S$600,000 to support initiatives proposed by its charity partners. The causes range from vulnerable children, youth and families and ... ( read original story ...)

Michelle Wie opens with 66, takes 1-stroke lead at Singapore

SINGAPORE (AP) - Michelle Wie rolled in several clutch putts on Thursday and had six birdies in a 10-hole stretch to take a one-stroke lead after the first round of the HSBC Women's Champions. The 27-year-old Wie, who has struggled with injuries and form ... ( read original story ...)

OCBC rejigs 360 Account again to lure emerging affluent

Read also: Singapore's OCBC Q4 profit slumps to 3-year low on bad debt charges OCBC has also introduced a new rate for what it dubs a "wealth bonus". The new "wealth bonus" refers to an additional interest of 0.6 per cent per year paid to customers who ... ( read original story ...)

DBS CEO sees wealth management business as key growth driver

SINGAPORE Singapore lender DBS Group is expanding its wealth management business and expects the segment will account for as much as a fifth of its revenues in a few years as it capitalizes on a trend of Asia growing richer, its CEO Piyush Gupta said. ( read original story ...)

Singapore still the best destination for Asia's ultra-rich

investment and business. "The moderated property prices from the effect of property cooling measures have enhanced the value proposition of Singapore property, and demand for property is gradually returning with improved transaction volume over the past ... ( read original story ...)

Tax agreement with India comes into force in Singapore

The third protocol amending the existing India-Singapore Double Taxation Avoidance Agreement (DTAA) entered into force on Monday, Singapore’s tax authorities have said. This would mean that the provisions provided in the third protocol — signed in ... ( read original story ...)

SPH and SBF help Belt & Road portal expand reach

The Singapore Business Federation (SBF) and Singapore Press Holdings (SPH) yesterday extended their collaboration on the Chinese- language Belt & Road portal, a year after its official launch. SBF and SPH signed two Memoranda of Understanding (MOU), one on ... ( read original story ...)

Singapore KrisFlyer Award Chart Devaluation: Up to 30% More

Coupled with the award chart increases, popular Singapore First Class and Business Class saver awards will increase 28-30% in mileage terms. Singapore Suites New York JFK to Singapore via Frankfurt: 93,500 KrisFlyer miles with 15% online discount ... ( read original story ...)