BNP Paribas and HSBC Singapore have completed Singapore’s first blockchain-enabled LC transaction between mining company Rio Tinto and Cargill. Rio Tinto was selling a bulk shipment of iron ore origin... ( read original story ...)
Payments Landscape in Singapore-Opportunities and Risks to 2021 | Key Vendors (DBS Bank, UOB, OCBC Bank, Citibank, Standard Chartered)
Publisher's "Payments Landscape in Singapore: Opportunities and Risks to 2021", report provides detailed analysis of market trends in the Singapore cards and payments industry. It provides values and ... ( read original story ...)
BankBazaar.Sg partners Standard Chartered Bank to provide seamless and paperless credit card applications.
We are delighted to collaborate with BankBazaar.sg in driving digital acquisitions of our products and provide our clients with a frictionless application journey”, said Andrew Chia, Head of Retail Ba... ( read original story ...)
Why Are Singapore-Listed Bank Stocks Down This Year?
The three major banks in Singapore, DBS Group Holdings Ltd (SGX: D05), United Overseas Bank Ltd (SGX: U11) and Oversea-Chinese Banking Corp Limited (SGX: O39), have each reported higher interest incom... ( read original story ...)
Does Singapore Telecommunications Limited’s (SGX:Z74) CEO Pay Reflect Performance?
Chua Sock Koong has been the CEO of Singapore Telecommunications Limited (SGX:Z74) since 2007. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at ... ( read original story ...)
Noble Group Rescue Thrown Into Doubt by Singapore Probe
Singapore’s market regulator says the revamp is now dependent on its review of the probe by the three agencies, though it remains unclear whether it’ll delay the deal. The investigation is an extraord... ( read original story ...)
DBS : signs MOU to support growth and innovation of financial services in Suzhou, Jiangsu
In conjunction with the 12th Singapore-Jiangsu Cooperation Council, DBS today signed a Memorandum of Understanding (MOU) with Suzhou Industrial Park Administration Committee (SIPAC) to support the gro... ( read original story ...)
DBS : strengthens transaction banking team with new appointments
As Asian economies continue to dominate global markets, his regional experience gleaned from the trading hubs of the world including Singapore, Hong Kong, Dubai and India places him in good stead to d... ( read original story ...)
UOB aims to boost bilateral cooperation between Singapore and China with new partnership
SINGAPORE (Nov 20): United Overseas Bank (UOB) is partnering Suzhou Industrial Park Administrative Committee (SIPAC), which governs and administers China’s Suzhou Industrial Park (SIP), to facilitate ... ( read original story ...)
Which Singapore-Listed Bank Is Cheaper Than The Stock Market Now?
Since their respective peaks in May 2018, shares in DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) have lost more tha... ( read original story ...)
DBS boosts transaction banking team with new hires
SINGAPORE - DBS Bank has made new appointments to its transaction banking team to support growth in that business. Mr Sriram Muthukrishnan, who joins the bank from HSBC, has been appointed group head ... ( read original story ...)
Singapore Expats – How to Apply for Singapore Visas to Live & Work Here
Work permit holders include construction workers and waiters. Dependant’s Pass: You can live and work in Singapore if your spouse is here on an Employment Pass and earns at least $6,000 a month. To se... ( read original story ...)
Singapore Includes Cryptocurrency in New Payments Regulations
Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), announced on Monday that it will be issuing a series of new regulations governing payments. The regulator says that the new ... ( read original story ...)
World Blockchain Trade Consortium Launches During Singapore Fintech Festival
The World Blockchain Trade Consortium (WBTC) launched this week at the Singapore Fintech Festival, according to a note from one of the founding members. The WBTC has launched with Fintech platforms, i... ( read original story ...)
MAS finalises framework for payment services in Singapore
The Monetary Authority of Singapore (MAS) has finalised a new regulatory framework for payment services in Singapore, in a move to guard against risks as the payment landscape evolves. The Payment Ser... ( read original story ...)
BHP to pay $529m in back taxes, shake up ownership of Singapore hub as part of ATO settlement
The Singapore arm would buy minerals from BHP’s Australian ... Herbert Smith Freehills & Sam Mostyn Chair Citibank Australia. ( read original story ...)