DBS Group Research has upgraded Keppel Corp to "buy" from "hold" following its recent price correction and given that the strategic review of its offshore and marine (O&M) arm will "shine some light ... ( read original story ...)
Singapore bank lending falls for 6th straight month in August: MAS data
Bank lending in Singapore in August fell for the sixth straight session over the month, preliminary data from the Monetary Authority of Singapore showed on Wednesday (Sept 30). This was largely driven ... ( read original story ...)
UOB transforms the digital banking experience for its corporate clients with the launch of UOB Infinity
United Overseas Bank (UOB) has transformed the digital banking experience for its corporate clients with the launch of UOB Infinity, enabling them to manage their banking needs in a simpler, smarter ... ( read original story ...)
Singapore stock watch: DBS, CapitaLand Mall Trust, CapitaLand Commercial Trust, SIA, Techwah
The following companies saw new developments that may affect trading of their shares on Wednesday (Sept 30):. Read more at straitstimes.com. ( read original story ...)
Cash Management Accounts: Stashaway vs FSMOne vs Phillip Securities vs Endowus vs MoneyOwl Comparison (2020)
We all know that stashing your savings away in a run-of-the-mill POSB savings account is a waste due to dismal interest rates. But even so-called high interest savings accounts (UOB One, DBS ... ( read original story ...)
A three-pronged plan to secure Singapore’s role in SE Asia
The Covid-19 pandemic has offered a timely reminder of both the limitations and the advantages of Singapore’s size, location and geopolitical positioning. The short-term impact from coronavirus will ... ( read original story ...)
Commentary: Forces of climate action are reshaping finance in Singapore and around the world
It’s easy to think of climate change as distant issue that would affect other countries, when Singapore, at first sight, does not seem prone to extreme weather events such as the recent flooding in ... ( read original story ...)
Prawn meat maker in Singapore gets venture funding for new plant
Cell-based seafood producer Shiok Meats of Singapore has received US$12.6 million in Series A funding —the latest alternative protein company to raise money as the pandemic pressures global ... ( read original story ...)
Citi to open its largest wealth hub globally in Singapore in December
Citi will open its largest wealth advisory hub globally in Singapore in December as it seeks to tap the growing affluent segment in the city. ( read original story ...)
Former DBS wealth planning manager jailed 12 weeks for selling personal information of customers
A former DBS Bank wealth planning manager was jailed for 12 weeks on Tuesday (Sept 29) for accessing the personal information of 37 customers and selling the information to a data broker for profit.. ( read original story ...)
Singapore Bourse May Crack Resistance At 2,500 Points
The Singapore stock market has climbed higher in two consecutive trading days, collecting more than 30 points or 1.3 percent along the way. The Straits Times Index now sits just above the 2,480-point ... ( read original story ...)
UPDATE 1-Singapore’s Temasek launches 50-year dollar bonds, its longest tenor issue
Ltd is launching a clutch of long-dated dollar bonds, including its longest 50-year bonds, as part of its $25 billion guaranteed global medium term note (MTN) programme. ( read original story ...)
Olam snags Sora-pegged club loan from DBS, ICBC Singapore
Agri-food giant Olam International has obtained Singapore's first club loan pegged to the Singapore Overnight Rate Average (Sora).. Read more at straitstimes.com. ( read original story ...)
Singapore residents can report change of address online from Oct 1
From October 1, all Singapore citizens and Permanent Residents who need to report a change of residential address will be able to complete the process online, said the Immigration and Checkpoints ... ( read original story ...)
UOB taps Visa API to simplify digital payments
Singapore's United Overseas Bank (UOB) has become the world's first lender to use a new Visa API that lets customers add cards to third party apps without the physical plastic. ( read original story ...)
PayNow banks raise limit for ad hoc transactions to at least $5k
PayNow users will now be able to send a larger amount of money to others on the funds transfer service.. Read more at straitstimes.com. ( read original story ...)