Category: FINANCE

United Overseas Bank (UOB) has signed an agreement with cloudBuy, a global provider of cloud-based e-commerce and business-to-business (B2B) solutions to create a virtual marketplace for the Bank’s small- and medium-sized enterprise (SME) customers. ( read original story ...)

SINGAPORE: A new postgraduate course will be offered here from Saturday (Oct 22) to boost training of the country's railway engineers. It's a collaboration between SMRT and the United Kingdom's University of Birmingham (UoB). Announcing details of the ... ( read original story ...)

Singapore’s central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian sovereign fund 1MDB. The Monetary Authority of ... ( read original story ...)

The Monetary Authority of Singapore (MAS) said it had ordered Falcon Bank to cease operations in the city-state because of "serious failures in anti-money-laundering (AML) controls and improper conduct" by senior management both at the head office in ... ( read original story ...)

That puts Singapore in a vulnerable position, concerning a renewed sell-off in Singapore equities and a repeat of severe turbulence seen at the beginning of 2016. There was severe turbulence surrounding the Singapore economy and markets early in 2016 with ... ( read original story ...)

Recent jitters over how Singapore will cope with the current myriad of economic challenges it faces, including Brexit, the slowdown in China and weakened global demand, have led to a cut in the economic growth forecast for the nation. The most recent ... ( read original story ...)

Bankers in Singapore scrambling to get into fintech, but most don’t make the cut. Here’s my advice for beating the competition. Banking recruitment in 2016 has turned out to be a bit of non-event in Singapore (I should know, I’m banking recruiter). ( read original story ...)

SINGAPORE The growing risk of a recession in Singapore has raised the prospects of an off-cycle easing in policy, although for now the consensus among economists is for the central bank to sit tight in the hope the economy sparks to life. Ten out of 15 ... ( read original story ...)

Or is it? Many of the most in-demand banking jobs in Singapore and Hong Kong are actually rather on the dull side. But taking one of these “boring” roles could eventually lead to something better, say recruiters. 1. Internal audit Banks in Asia are ... ( read original story ...)

All customers have to do is carry on with their regular banking transactions. Jeremy Soo, Head of Consumer Banking Group Singapore, DBS Bank, says, “Currently, most of our customers are already conducting regular banking transactions with us and this ... ( read original story ...)

Data recovery after factory reset Yet, the near-liquidation of the penny-stock firm has set off tremors in Singapore’s banking and energy industries. The Singapore-based supplier to offshore oil and gas explorers, facing about US$50.5 million (S$68.1 ... ( read original story ...)

Visa Cards Singapore, 9 March 2015 OCBC Bank, NTUC FairPrice and NTUC Link have jointly announced a special birthday present for National Trades Union Congress (NTUC) members. To celebrate the 50 th anniversary of Singapore s independence, these members ... ( read original story ...)

Oct 21, 2016- Nepal Rastra Bank (NRB) has sent two officials to Singapore to bring $10 million in cash to replenish depleting stocks of dollar bills in the domestic market. Janak Bahadur Adhikari, executive director of NRB’s Banking Office, has been ... ( read original story ...)

“We’ll see more failures within the oil services sector,” said Song Seng Wun, regional economist with CIMB Private Banking in Singapore, in a telephone interview. “Stronger companies, like Keppel Corp. and Sembcorp Marine, will survive and take ... ( read original story ...)

The global financial crisis back then was the cause of such a drop ... The Action Plan Lim shares the same sentiments as other concerned citizens – Singapore’s bracing itself over the possibility of a bigger number of layoffs, especially in sectors ... ( read original story ...)

It knocked Australia off to take the second spot in Asia-Pac. Singapore clinched the ninth spot globally in a rule of law index for two years in a row. The report released by US-based advocacy group World Justice Project (WJP) evaluated countries through ... ( read original story ...)