A new offering from DBS is a first in Singapore, according to the bank, by allowing clients to conduct their banking transactions, manage their wealth and also trade on a single platform. A new offering from DBS is a first in Singapore, according to the ... ( read original story ...)
Singapore dollar slides across the board as data show dismal outlook
The Singapore dollar has dropped against most major currencies on Friday as surveys showed private sector growth is slowing and inflation outlook remains subdued in the island economy. Despite the broad weakness in the US dollar, the Singdollar weakened ... ( read original story ...)
Olympic golf champ Park In-Bee seizes Singapore lead
Olympic champion Park In-Bee recovered from a rare double bogey to grab the outright lead after the second round of the HSBC Women's Champions tournament in Singapore on Friday. Playing just her second tournament after a six-month break to recover from a ... ( read original story ...)
Singapore's private sector growth indicator slips to 4-month low
A general view of factories at an industrial park in Singapore September 16, 2014. Reuters Singapore's private sector growth indicator has dropped to a 4-month low in February, due to slower expansions in output, new orders and hiring, according to the ... ( read original story ...)
Singapore designed what could be the world’s best bus stop, with swings, books, and a rooftop garden
A bus stop in Jurong, Singapore. Singaporean firm DP Architects says it has designed a bus stop that “makes waiting fun.” The bus stop, first spotted by Citylab, features swings, books, a rooftop garden, bicycle parking, phone chargers, artwork by ... ( read original story ...)
HSBC Women’s Champions preview: World-class field expected to dazzle
With 23 of the top 25 players in the world on hand in Singapore, “Asia’s Major” takes center stage on the new Tanjong Course at Sentosa Golf Club. To kick off the 10th HSBC Women’s Champions, five high-profile players – Lydia Ko, Lexi Thompson ... ( read original story ...)
Citibank, Visa to launch a cloud-based B2B platform
It is designed for medium and large corporations. Citibank Singapore and Visa are launching a cloud-based business-to-business (B2B) platform aimed at addressing complex purchasing requirements for businesses. Dubbed Renepay, the e-procurement platform is ... ( read original story ...)
Banking on boring but safe home mortgages
Last month, a DBS Bank staffer got rather worked up at a tweet which said "UOB has the highest new home loan market share in Singapore, at 31 per cent: CEO". This reporter was contacted and grilled on the matter, such as how UOB made such a claim ... ( read original story ...)
OCBC injects S$600,000 into CSR scheme initiatives
SINGAPORE — OCBC Bank has expanded its corporate social responsibility (CSR) programme #OCBCCares with an additional S$600,000 to support initiatives proposed by its charity partners. The causes range from vulnerable children, youth and families and ... ( read original story ...)
Michelle Wie opens with 66, takes 1-stroke lead at Singapore
SINGAPORE (AP) - Michelle Wie rolled in several clutch putts on Thursday and had six birdies in a 10-hole stretch to take a one-stroke lead after the first round of the HSBC Women's Champions. The 27-year-old Wie, who has struggled with injuries and form ... ( read original story ...)
OCBC rejigs 360 Account again to lure emerging affluent
Read also: Singapore's OCBC Q4 profit slumps to 3-year low on bad debt charges OCBC has also introduced a new rate for what it dubs a "wealth bonus". The new "wealth bonus" refers to an additional interest of 0.6 per cent per year paid to customers who ... ( read original story ...)
Mugabe, 93, flies to Singapore for 'medical review'
Zimbabwean President Robert Mugabe, who celebrated his 93rd birthday last week, flew to Singapore on Wednesday for a "scheduled medical review", his spokesman said. Mugabe appeared frail at his birthday party on Saturday, when he stood for more than an ... ( read original story ...)
DBS CEO says wealth management to account for a fifth of bank's revenue
SINGAPORE DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's largest bank by ... ( read original story ...)
NEWSMAKER-DBS CEO says wealth management to account for a fifth of bank's revenue
SINGAPORE, March 2 DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the CEO of Southeast Asia's largest ... ( read original story ...)
Newsmaker: DBS CEO says wealth management to account for a fifth of bank
SINGAPORE DBS Group Holdings Ltd expects to expand its wealth management operations as Asia's wealth grows, accounting for as much as 20 percent of the bank's total income over the next few years, Piyush Gupta, the chief executive of Southeast Asia's ... ( read original story ...)
DBS CEO says pain from oil and gas downturn taken in 2016
SINGAPORE (Reuters) - The worst of the pain from the oil and gas downturn was felt by Singapore banks and other lenders in the region in 2016, DBS Group Holdings Ltd Chief Executive Piyush Gupta told a Reuters Newsmaker on Thursday, forecasting an improved ... ( read original story ...)