Category: FINANCE

SINGAPORE — United Overseas Bank's (UOB) PayNow goes live on Monday (July 10), with the bank saying the launch will enable its customers to be the first in Singapore to pay and to be paid via the service on their social messaging apps. PayNow allows ... ( read original story ...)

there were four local “Heavenly Kings” – Development Bank of Singapore (DBS), United Overseas Bank (UOB), Overseas Union Bank (OUB) and Oversea-Chinese Banking Corporation. They are all household names and I believe most Singaporeans have experiences ... ( read original story ...)

PT Bank DBS Indonesia, a subsidiary of Singapore-based DBS Bank, has reported a 75 percent year-on-year (yoy) increase in its net profit during the first quarter of 2017 to Rp 263 billion. The net profit increase was supported by a 16 percent yoy increase ... ( read original story ...)

SINGAPORE – A new racing competition for companies, called the OCBC Cycle Speedway Corporate Championship, will make its debut at this year’s OCBC Cycle 2017. Mirroring the format of the Speedway races for local cycling clubs and South-East Asian (SEA ... ( read original story ...)

Innovation labs are booming in Singapore. And now GIC has hired a Standard Chartered director into its tech centre. http://news.efinancialcareers.com/sg-en/284288/dbs-technology-jobs-soh-siew-choo/ GIC has hired a Standard Chartered director as it starts ... ( read original story ...)

Today, Travelport (NYSE: TVPT), a leading Travel Commerce Platform, and UOB Travel Planners, one of Singapore’s largest local corporate travel agencies, are pleased to announce a renewed long-term partnership. This agreement allows UOB Travel Planners ... ( read original story ...)

IIX and DBS Bank has priced the world's first social sustainability bond to be listed on Singapore Exchange. Dubbed as the Women's Livelihood Bond (WLB), the US$8 million bond provides loans to social enterprises and microfinance institutions aimed to ... ( read original story ...)

OCBC 2017 will be held on November 18 and 19 at the Singapore Sports Hub. The event launch is at the Ground Floor at Orchardgateway on Friday from noon until 8pm, and on Saturday from 10.30am until 8pm. The first to sign up at these events will get a ... ( read original story ...)

DBS and POSB customers who buy MSIG travel insurance plans through the DBS website and sign up for a member login account on MSIG’s customer portal will be able to use the real-time claims payment service. It was launched two weeks ago and the first ... ( read original story ...)

HONG KONG/SINGAPORE Thailand's Siam Commercial Bank (SCB) has put off a potential $3 billion sale of its insurance unit as talks with suitor FWD Group of Hong Kong failed on valuation disagreements, three people familiar with the matter said. Insurer FWD ... ( read original story ...)

HONG KONG/SINGAPORE - Siam Commercial Bank has halted the sale of its ... Li Ka-shing, was in talks with SCB, Thailand's third-biggest lender, on the insurance unit deal. At $3 billion, the deal would have been the largest-ever insurance M&A transaction ... ( read original story ...)

MSIG Insurance and DBS Bank have announced the launch of Singapore’s first instant electronic payment service for travel insurance claims. The new initiative will reduce the time a travel claim is settled by approximately four days. DBS/POSB account ... ( read original story ...)

MSIG Insurance and DBS Bank have launched Singapore’s first instant electronic payment service for travel insurance claims. The new initiative will reduce the time a travel claim is settled by approximately four days. DBS/POSB account holders who have ... ( read original story ...)

American Express, Citibank, Chase, and other banks are advertising partners ... Since we were in Sydney anyway Singapore seemed pretty much close enough, a short-ish flight away and an opportunity to eat some great food. Singapore is one of my favorite ... ( read original story ...)