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Category: FINANCE

Posted on 23/11/2021

Cop gets jail for using brother’s info to unlawfully apply for credit cards and bank loan

SINGAPORE - Faced with financial difficulties after his wife had an emergency caesarean section to give birth to their baby, a policeman used his brother's name to unlawfully apply for credit cards ... ( read original story ...)

Posted on 23/11/2021

Police officer in debt from wife’s hospital bills uses brother’s name to apply for loans, gets jail

SINGAPORE: A police officer facing financial trouble after his wife had an emergency caesarean operation used his brother's name and forged bank documents to obtain credit cards and loans. Muhammad ... ( read original story ...)

Posted on 23/11/2021

Some DBS customers facing ‘intermittent slowness’ when accessing banking services

DBS Bank acknowledged the disruption in a Facebook post and said it is working to resolve this.. Read more at straitstimes.com. ( read original story ...)

Posted on 23/11/2021

Citi hiring 100 people in Singapore and other cities as part of digital assets push

Global bank Citi is ramping up hiring to boost its expertise in blockchain, digital assets and digital currencies as it sets up a new digital assets unit.. Read more at straitstimes.com. ( read original story ...)

Posted on 23/11/2021

Jail for S’pore woman who opened bank accounts to receive more than $1 million in ill-gotten gains

SINGAPORE - A woman who opened multiple bank accounts in Singapore that were used to receive more than $1 million in criminal proceeds was sentenced to 2 ½ years' jail on Tuesday (Nov 23).. Read more ... ( read original story ...)

Posted on 23/11/2021

DBS, POSB digital banking services ‘intermittently unavailable’

SINGAPORE: Some DBS and POSB customers were unable to access the banks' online services on Tuesday (Nov 23), with a number of them reporting that the outage had begun in the morning. According to the ... ( read original story ...)

Posted on 23/11/2021

Singapore cannot assume its harmony is solid or permanent: Finance Minister Lawrence Wong

Lawrence Wong reminded Singaporeans about what happened in 1854 on the island of mostly migrant communities then. ( read original story ...)

Posted on 23/11/2021

Singapore Targets 2 Million Tonnes of Carbon Capture by 2030

Singapore is aiming to realise at least 2 million tonnes of carbon capture potential by 2030 as part of a broader effort to make its Jurong Island oil refinery hub more sustainable, its Economic ... ( read original story ...)

Posted on 23/11/2021

‘Lonely’, depressed woman helped man she met online launder $1m, jailed 30 months

After meeting a man through a dating app, a woman accepted monies from him and even opened several bank accounts on his behalf, despite multiple warnings from authorities not to do so. In total, Annee ... ( read original story ...)

Posted on 23/11/2021

UOB Asset Management lists first Reit ETF linked to environmental performance

UOBAM claims this is the world’s first ETF enabling retail investors to invest in “quality green Reits across the Asia-Pacific with dividend yields”.. Read more at straitstimes.com. ( read original story ...)

Posted on 23/11/2021

DBS, OCBC, UOB average 47% net profit growth in 9MFY21

The 3 banks make up 20% of the total market capitalisation of SGX-listed stocks. The Singapore Exchange (SGX) announced that DBS, OCBC, and UOB averaged 47% net profit growth in the first nine months ... ( read original story ...)

Posted on 23/11/2021

Daiwa House Logistics Trust IPO- 3 Reasons Why I Am Staying Away From It.

The talk of the town recently is on the IPO of Daiwa House Logistics Trust (“DHLT”). Although I see a number of good reviews on it, personally, I will neither be taking part in its IPO ... ( read original story ...)

Posted on 23/11/2021

UOB One Card review: Get a maximum of 5% cash rebate on everything

The UOB One Card is hands down UOB’s favourite entry level credit card – especially for those with a UOB One account too. The credit card owes its fame to its key proposition: A maximum of 5 per cent ... ( read original story ...)

Posted on 23/11/2021

Singapore’s Mapletree Logistics flags $513 mln fundraising to buy Asia properties

Mapletree Logistics Trust MAPL.SI said on Tuesday it was launching an equity fundraising of S$700 million ($513 million)through a private placement and preferential issue of units to finance ... ( read original story ...)

Posted on 23/11/2021

New REIT IPO Daiwa House Logistics Trust Offers a 6.5% Dividend Yield: Is It Sustainable?

Singapore's first REIT IPO this year is an industrial REIT holding 14 logistics properties in Japan. Here's what you should know. The post New REIT IPO Daiwa House Logistics Trust Offers a 6.5% ... ( read original story ...)

Posted on 23/11/2021

Philips Foundation announces partnership with Singapore Heart Foundation to increase access to heart care in Singapore

Philips Foundation, with its mission to provide access to quality healthcare for disadvantaged communities through innovation, and social service agency Singapore Heart Foundation (SHF) today ... ( read original story ...)

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