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Category: FINANCE

Posted on 07/11/2025

DBS Foundation donates record $14.5m to ITE to help lower-income students

Funding will provide 24,000 study awards over three years Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/11/2025

DBS halts hiring, retrains staff as AI reshapes banking jobs; Alleged scam kingpin betrayed by his own trusted aide in Singapore family office: Singapore live news

DBS halts hiring for roles AI may replace, retrains staff for future jobs. Alleged scam tycoon Chen Zhi scammed by his own aide in ironic Singapore twist.

Posted on 07/11/2025

Standard Chartered Foundation announces a US$6 million investment to boost youth employability in Singapore and ASEAN

Standard Chartered Foundation ("the Foundation") announced a US$6 million investment to create and fund programmes that will help young people in Singapore and ASEAN secure employment1 and improve ...

Posted on 07/11/2025

Singapore government to disburse up to S$600 cash to roughly 3 million citizens this December under Assurance Package – Check eligibility, payment dates and know the full process

Singapore citizens will receive up to S$600 in cash this December. This is part of the Assurance Package to help with rising living costs. Payments will go to around three million people. Eligible ...

Posted on 07/11/2025

About 3 million Singaporeans to receive up to S$600 cash in December under the Assurance Package

The cash payments are given out to eligible Singaporeans each December from 2022 to 2026. "In total, eligible Singaporeans will receive between S$700 and S$2,250 of Assurance Package cash over these ...

Posted on 07/11/2025

Raffles FinTech Secures Four Strategic Mandates to Up Clients’ IPO Market Cap Via Trade Finance Revolving Credit

Raffles Financial Group Ltd. (CSE: RICH) is pleased to announce that its wholly-owned subsidiary, Raffles FinTech Limited ("RFT"), has secured four strategic contracts to provide supply-chain ...

Posted on 07/11/2025

Singapore’s OCBC bank Q3 profit beats estimates, flags weaker margins

Singapore's second-largest bank Oversea-Chinese Banking Corp, or OCBC, flagged a more cautious outlook for 2025 as margin pressures persisted, even as its third-quarter net profit beat market ...

Posted on 07/11/2025

Singapore’s bank OCBC third-quarter net profit beat forecasts, unchanged on year

Singapore's second largest bank Oversea-Chinese Banking Corp, or OCBC, reported on Friday an unchanged net profit in the third quarter from a year earlier, supported by higher non-interest income and ...

Posted on 07/11/2025

Standard Chartered Foundation announces $6 mln investment to boost youth employability in Singapore, ASEAN

Standard Chartered Foundation on Thursday announced a $6 million investment to create and fund programs that will help young people in Singapore and ASEAN secure employment and improve their long-term ...

Posted on 07/11/2025

Special ‘pop-up’ POSB ATMs for Chinese New Year

SINGAPORE — POSB/DBS customers will soon be able to withdraw new notes for the upcoming Chinese New Year at 29 specially-configured “pop-up” ATMs. The ATMs are designed to meet customers’ need for ...

Posted on 06/11/2025

Zone & Co Ignites Singapore Expansion, Ushering in a New Era of Automated Finance Operations

Zone's arrival empowers Singapore finance teams with breakthrough automation, instant insight, and an ERP-native foundation for what's next. NEW YORK, /PRNewswire/ -- Zone & Co, the leading ERP-native ...

Posted on 06/11/2025

How HSBC’s collaborative strategy aims to future-proof trust in banking

The 160-year-old bank is working with regulators, peers, researchers and tech experts to secure digital trust as quantum computing and AI reshape the future of finance.

Posted on 06/11/2025

OCBC engineers the bank of the future with AI and quantum

To power that transformation, OCBC has identified artificial intelligence (AI) and quantum technology as critical enablers. AI is now embedded across the bank to help increase revenue, reduce risk, ...

Posted on 06/11/2025

DBS reports better-than-expected Q3 earnings, sending shares up; UOB slides on provisions

Singapore's DBS Group on Thursday reported better-than-expected earnings in the third quarter, sending its shares to a record high, while United Overseas Bank's profit dropped after it booked hefty ...

Posted on 06/11/2025

DBS leans on AI efficiency as interest rate pressures squeeze margins

In an interview with CNA’s Elizabeth Neo, DBS' CEO Tan Su Shan shares insights on the bank’s Q3 performance, its 2026 outlook and how artificial intelligence is reshaping the way the bank operates.

Posted on 06/11/2025

CapitaLand Investment total revenue up 7% to $1,568 mil for 9MFY2025

Fee-related revenue grew to $882 mil from higher event-driven fees from listed funds and new funds, while REIB declined 12% to $753 mil after CLAS deconsolidation.

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