Non-interest income will provide a boost in 2025; the banks expect fee income to continue their strong growth from the sustained shift in investor sentiment.
Singapore OCBC assistant V-P illegally accessed bank balances of politicians, influencers
SINGAPORE: Just one month into his new job, an assistant vice-president at OCBC began abusing the access his job gave him and started looking through the account balances and other details of bank ...
Ex-OCBC assistant vice president jailed for unauthorised access to data of almost 400 customers
The OCBC customer profiles that Au Jia Hao looked up included local politicians, public figures and influencers.
S-REITs’ DPU to bounce back in 2025, 2026; Parkway Life REIT a ‘dark horse’: DBS
After facing two years of erosion due to the impact of higher interest rates, S-REITs will post a turnaround in distribution per unit (DPU) growth over FY2025-FY2026, at 3.4%, according to DBS Group ...
Singapore economy beats forecasts in Q4 2024 but analysts see tougher 2025 growth outlook
The Government in November said it expects 2025 growth to slow to 1 per cent to 3 per cent. Read more at straitstimes.com.
UOB Kay Hian, noting ‘stronger’ offshore and marine dynamics, keeps ‘buy’ call on Seatrium
In the near term, the key re-rating catalyst is the completion of the investigation by the MAS/CAD,' says UOB Kay Hian's Adrian Loh ...
Singapore’s Strategic Moves Position It as Asia’s Next Major Cryptocurrency Hub
Singapore‘s burgeoning status as a pivotal center for Web3 and cryptocurrency firms is set to solidify, bolstered by a regulatory environment that favors innovation. In 2024, the Monetary Authority of ...
Singapore equities market: Review group studying how to tap seed money, get growth firms to list
Singapore is looking at how to strengthen its equities market by attracting more private investment and getting companies with high potential to grow fast, like those in fintech and sustainability, to ...
Best Fixed Deposit Rates in Singapore (Jan 2025)—Rates Up To 3.05%, Minimum Deposits From $500
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...
Singapore’s economy grew 4.3% in 2024, outperforming expectations, but challenges loom for 2025
SINGAPORE: Singapore’s economy outperformed expectations in 2024, but economists are warning that 2025 could be more challenging. According to the Ministry of Trade and Industry (MTI), the economy ...
Getting notes for CNY hongbao: Bookings start on Jan 7
From Jan 14, hongbao notes can be withdrawn without booking at selected pop-up and branch ATMs. Read more at straitstimes.com.
OCBC and Oxford Economics lower 2025 GDP forecast on high base; some analysts expect monetary easing to happen this year
Oversea-Chinese Banking Corporation’s (OCBC) Selena Ling has lowered her growth forecast for Singapore’s GDP in 2025 to 2.2% y-o-y from 2.7% y-o-y due to the high base from Singapore’s performance in ...
Pre-booking of CNY 2025 bank notes starts Jan. 7, collection at DBS, OCBC, UOB: MAS
Here are the ways you can get hold of the notes if you're a DBS, OCBC, or UOB bank member: Pre-booking for collection at bank branches: Online pre-booking is required, from Jan. 7. Collection of ...
Jail for ‘instrumental player’ in syndicate that sold bank accounts used to launder money
Goh Soon Lee received, processed and sent out 34 ATM cards between July and October 2023. Read more at straitstimes.com.
One-off payment incoming for about 11,000 junior OCBC employees in February and April 2025
Specifically in Singapore, approximately 4,000 junior employees, including new hires and unionised staff, will receive a one-off payment of S$1,000 each.
Pre-booking of CNY bank notes starts Jan. 7, collection at DBS, OCBC, UOB: MAS
Here are the ways you can get hold of the notes if you're a DBS, OCBC, or UOB bank member: Pre-booking for collection at bank branches: Online pre-booking is required, from Jan. 7. Collection of ...