DBS/POSB has updated its ever-popular cashback card with several ... Categories: This card gives you 7% cash rebate on dining both in Singapore and abroad, and 5% cashback on supermarkets, hospital bills (this is just awesome, isn’t it?), ( read original story ...)
OCBC Bank issues Writ of Summons to Nam Cheong unit over US$10 million owed
SINGAPORE - OCBC Bank has commenced legal action against a unit of offshore marine group Nam Cheong over US$10 million owed to the bank. The firm and its subsidiary Nam Cheong International (NCIL) have on Monday (June 19) received a Writ of Summons and ... ( read original story ...)
Singaporean banks ramp up cashless payment capabilities
Singapore banks are among these companies; they have been investing in fintech that eases cashless transactions to raise their game compared to other mobile payment companies. DBS Bank (DBS) and OCBC Bank have launched QR code payments as an alternative ... ( read original story ...)
UOB signs two deals to boost Chinese firms’ expansion into Southeast Asia
SINGAPORE - Local lender UOB signed two agreements to facilitate Chinese companies expanding into Southeast Asia through China's Belt and Road initiative. Mr Wee Ee Cheong, deputy chairman and chief executive of UOB, said: "China and Southeast Asia form ... ( read original story ...)
Get 5,000 bonus miles with the HSBC Premier credit cards – World Elite is now 45,000 miles!
2 HSBC Premier card points can be exchanged for either 1 Avios, 1 Cathay Pacific mile, 1 Singapore Airlines mile or 1 Etihad Guest mile. This means that the bonus is worth an extra 5,000 Avios or other miles. What is the total bonus you get? The free ... ( read original story ...)
11 things you need to know before you apply to a Singapore bank
An 11-point guide to getting hired by DBS, OCBC and UOB. http://news.efinancialcareers.com/sg-en/286360/soh-siew-choo-dbs-women-in-technology/ Singapore’s three local banks – DBS, OCBC and UOB – may not be adding new headcount as aggressively as they ... ( read original story ...)
How DBS Bank forays into India
MUMBAI: Singapore-based DBS Bank, known for its mobile-only customer accounts, is now extending its reach to debt capital market, or DCM, helping Indian companies raise money overseas. In the past year, the bank, which had limited participation in dollar ... ( read original story ...)
Fewer concerns of GST being inflationary: DBS
The Development Bank of Singapore (DBS) said in its economic report on India that the tax incidence is "likely to rise mainly on selected service sector categories" after the GST is implemented. "(And) even if price increases lift these service indices by ... ( read original story ...)
Singapore Stock Market May Find Traction On Monday
(RTTNews.com) - The Singapore stock market has tracked into the red in three straight sessions, slipping more than 25 points or 0.7 percent in that span. The Straits Times Index remains just above the 3,230-point and it figures to be rangebound again on ... ( read original story ...)
Singapore property stock may build on best rally in five years
While property stocks aren’t as cheap as they were six to nine months ago, most are still trading at a discount to their book value and will outperform the overall market, she said. The Singapore property stock index is trading at a price-to-book value ... ( read original story ...)
Standard Chartered donates $250,000 to The Straits Times School Pocket Money Fund
SINGAPORE - On a day billed as Community Play Day at the Singapore Sports Hub, Standard Chartered Bank did its part for the community by donating $250,000 to the Straits Times School Pocket Money Fund (STSPMF), which provides pocket money to students from ... ( read original story ...)
MMA: UFC might consider Singapore as regular Fight Night stopover
"Operationally, it's easy and clean.” If an annual event is confirmed, Fight Night Singapore will join the likes of the HSBC Women’s Champions, HSBC Singapore Rugby Sevens, Women’s Tennis Association (WTA) Finals, and the Formula One night race in ... ( read original story ...)
Singapore banks still top most valuable brands list this year
"For UOB, there is possibly more upside in the future as their ... with a brand value of around US$2.8 billion. Telco player Singtel and Singapore Airlines ranked fifth and sixth, with total brand value of US$2.6 billion and $1.6 billion, respectively. ( read original story ...)
Singapore Bourse May Take Further Damage On Friday
(RTTNews.com) - The Singapore stock market has finished lower in two straight sessions, sliding more than 25 points or 0.7 percent in that span. The Straits Times Index now rests just above the 3,230-point and it is looking at a continued consolidation ... ( read original story ...)
How Asia Is Adapting To The Alternative Finance Revolution
Roger Crook is the CEO of Capital Springboard - Singapore’s leading peer-to-peer invoice financing platform for SMEs. In more ways than one, alternative finance has made borrowing simple, swift and suitable. Over the last few years, alternative finance ... ( read original story ...)
AIG, IBM and Standard Chartered Bank pilot “first multinational insurance policy powered by blockchain”
Working together, AIG, IBM and international banking group Standard Chartered Bank converted a multinational, controlled master policy written in the United Kingdom and three local policies in the United States, Singapore and Kenya into a “smart contract ... ( read original story ...)