SINGAPORE - UOB will make a one-off payment to junior employees to help them cope with day-to-day expenses, joining its local peer OCBC Bank in doing so.
OCBC support junior staff with cost-of-living payment
OCBC Group will give a second one-off payment totalling S$7.5m (USD$5.5m) to assist nearly 11,000 junior employees globally in managing rising living costs. The initiative, which is set to be ...
OCBC, UOB to give junior employees one-off bonus to help with cost-of-living expenses
SINGAPORE: For a second year running, Singapore banks OCBC and UOB will give one-off payments to their junior employees to help alleviate cost-of-living pressures, the two banks said on Monday (Dec 23 ...
OCBC and UOB junior staff to receive one-off payments for cost-of-living pressures
A total of about 4,000 junior employees across OCBC Group in Singapore will be receiving a S$1,000 payout each to help them cope with cost-of-living concerns Read more at straitstimes.com.
OCBC, UOB to pay out second cost-of-living bonuses for junior staff
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living pressures. Read more at The Business Times.
OCBC lowers fair value for SingPost following termination of CEO, CFO
Ada Lim of OCBC Investment Research has lowered her fair value for SingPost from 58 cents to 54 cents after the company fired three of its top executives for mishandling a whistle-blowing case. Group ...
DBS likes CDLHT’s strategy of expanding longer-stay lodging exposure with Liverpool PBSA acquisition
The team at DBS notes that the deal price of GBP40.6 million translates to a price per bed of GBP92,000, below both the asset’s last valuation by about 5.4% and replacement cost of around 18%.
Singapore’s TalkMed Group gets privatisation offer for $447 million valuation
Singapore's TalkMed Group has received a privatisation offer from TW Troy valuing it at S$606.1 million ($447.24 million), the oncology service provider said on Monday. The offer comes as Southeast As ...
4,000 junior OCBC staff to receive $1,000 one-time payouts for cost-of-living pressures
A total of about 4,000 junior employees across OCBC Group in Singapore will be receiving a S$1,000 payout each to help them cope with cost-of-living concerns Read more at straitstimes.com.
OCBC Junior Staff to Receive S$7.5 Million Cost-of-Living Payout
Oversea-Chinese Banking Corp Ltd. will give a one-off payment to junior employees globally for the second year in a row to alleviate ongoing cost-of-living pressures.
OCBC Gives S$7.5 Million in Financial Aid to Junior Employees for Second Year
OCBC announced a second round of financial aid to its junior employees worldwide, totaling approximately S$7.5 million.
XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs
XTransfer and OCBC Bank have announced a partnership to provide SMEs with enhanced financial services for international trade.
DBS sees OUE REIT’s divestment of Shanghai property a positive move
According to OUE REIT on Dec 20, it plans to divest its 91.2% stake in Lippo Plaza Shanghai for RMB 1.92 billion ($357 million) and at an agreed property value of RMB 1.68 billion.
Johor-Singapore SEZ poised to fuel next-level growth for Malaysia and Singapore: Standard Chartered Malaysia CEO
KUALA LUMPUR] As Malaysia gears up to assume the chairmanship of Asean in 2025, the launch of the Johor-Singapore Special Economic Zone (JS-SEZ) stands to underscore the region’s commitment to ...
IPO Report Card: How Much Would You Have Made If You Invested $1,000 In Every IPO/IOP On The SGX In 2024
Investing in IPO may be an exciting way to generate returns but investors should also do their own research to ensure they invest correctly ...
Life Power List 2024: UOB cements position as most influential patron in Singapore art scene
Besides its UOB Painting of the Year contest, it has invested in arts education and supported its competition winners. Read more at straitstimes.com.