It will make QR code payments available to 2,500 NETS terminals. Singapore banking giant is furthering its cashless payment service with the launch of its first standalone app dubbed as OCBC Pay Anyone. This app makes QR code cashless payments available at ... ( read original story ...)
DBS Bank to help some Misa Travel customers keep travel plans
SINGAPORE — DBS Bank is working with Cathay Pacific airline to help hundreds of customers left in the lurch following the sudden closure of Misa Travel. The bank had a tie-up with the travel agency — whose licence was revoked on Tuesday (May 30 ... ( read original story ...)
Are Singapore Stocks Expensive Or Cheap Currently?
The logic follows that if a large number of net-net stocks can be found in Singapore’s market at a certain point in time, then stocks would likely be really cheap at that moment. Here’s a chart showing how the net-net stock count in Singapore has ... ( read original story ...)
Singapore Fines Credit Suisse, UOB After 1MDB Probe (Correct)
(Bloomberg) -- Singapore fined Credit Suisse Group AG and United Overseas Bank Ltd. a total of S$1.6 million ($1.2 million) as regulators completed a two-year review of banks involved in fund flows linked to 1Malaysia Development Bhd., or 1MDB. Credit ... ( read original story ...)
Singapore Shares May Turn Lower Again
(RTTNews.com) - The Singapore stock market on Wednesday snapped the three-day slide in which it had fallen lower in three straight trading days, slipping more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,210-point plateau ... ( read original story ...)
Moody’s revises outlook for Singapore banks to stable
SINGAPORE — Moody’s Investors Service has upgraded its outlook to stable from negative for Singapore’s banking system, in a research report released yesterday. The change in outlook reflects improving growth conditions and stabilising commodity ... ( read original story ...)
HSBC Holdings markets Singapore dollar AT1 bonds at 5% area
SINGAPORE, June 1 (IFR) - HSBC Holdings is marketing its first Singapore dollar Additional Tier 1 issue with yield guidance in the 5 percent area. The bank is seeking a benchmark size for the Reg S perpetual non-call five contingent convertible securities. ( read original story ...)
What’s free and what’s not at DBS Marina Regatta 2017
DBS says prices of food items top out at $15, so be sure to eat your fill. 3. Play Dome: $15 per entry Partygoers (above 18 years old) may want to join an exclusive countdown party to ULTRA Singapore on the nights of June 2-3 from 7pm-10pm, featuring ... ( read original story ...)
Correction: Fitch Rates DBS Series 3 EUR750m Covered Bonds ‘AAA’
DBS BESPOKE COVERED BOND RATING CRITERIA Fitch has used the ... House Price Assumptions: Fitch reviewed historical house-price movements in Singapore, determining that the largest house-value declines occurred during the Asian financial crisis in 1998-1999. ( read original story ...)
OCBC launches first standalone mobile payments app
SINGAPORE (May 30): OCBC Bank has announced the launch of its first standalone mobile payments app, OCBC Pay Anyone, which is now available for download at the Apple and Google Play mobile app stores. This brings together all OCBC Pay Anyone services and ... ( read original story ...)
OCBC Bank unveils first standalone mobile payments app
Singapore’s OCBC Bank has launched its first standalone mobile app for QR code cashless payments at nearly 2,500 NETS terminals. The new OCBC Pay Anyone app brings together all its Pay Anyone services – peer-to-peer e-payments, QR code payments ... ( read original story ...)
Singapore, Indonesia stocks lead SE Asia markets
Singapore's shares edged up on Wednesday ... dragged by telecom stocks such as PLDT Inc and real estate stock Ayala Land. However, the index clocked a monthly gain of 2.3%. "The market has fallen prey to profit-taking in the absence of any market-scaling ... ( read original story ...)
6 Brands In Town To Snag New Shoes At 15% Discounts With DBS/POSB Cards
In Singapore’s everlasting summer ... Just check out with your DBS/POSB card, and you’ll be eligible for the promotion. This post was brought to you by DBS. ( read original story ...)
Singapore Market May Give Up Support At 3,200 Points
(RTTNews.com) - The Singapore stock market has fallen lower in three straight trading days, slipping more than 30 points or 1 percent along the way. The Straits Times Index now rests just above the 3,205-point plateau, and it may extend its losses on ... ( read original story ...)
Singapore bourse partners with regulator to spur IPOs
SINGAPORE Singapore Exchange Ltd announced a partnership with the city-state's technology and media regulator, in a move that will facilitate accredited companies to list on the exchange and shore up the bourse's appeal as a listing destination. "Through ... ( read original story ...)
SGX partners with IMDA to spur IPOs
“Through this memorandum of intent (MOI), both parties aim to lower the access barriers for technology companies into the capital markets, catalyse more high-tech IPOs and increase Singapore’s attractiveness as a venue for capital raising,” SGX and ... ( read original story ...)