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Category: FINANCE

Posted on 09/03/2025

Olympic champion Lydia Ko wins HSBC Women’s World Championship in Singapore

Lydia Ko finally conquered the LPGA’s HSBC Women’s World Championship, clinching her first title at her 11th attempt with a dominant four-stroke win over Ayaka Furue and Jeeno Thitikul.

Posted on 09/03/2025

Malaysian Tycoon Lim Hang Weng’s HI Mobility Adding Electric Buses With IPO Proceeds

HI Mobility—controlled by Malaysian oil and gas tycoon Lim Han Weng—is raising $26.3 million from its IPO to add electric buses to its fleet as the company gears up for increased traffic between ...

Posted on 09/03/2025

Superwomen in Singapore: Moms outshine their mothers, balancing family and finances like never before

SINGAPORE: A groundbreaking new survey from Sun Life Asia featured in an Insurance Asia article revealed that Singaporean women are now more financially se ...

Posted on 09/03/2025

New SkillsFuture scheme provides financial aid and career support for unemployed job seekers

SINGAPORE—To support the involuntarily unemployed, a new “activities-based” scheme has been introduced to provide monthly payouts to eligible job seekers ...

Posted on 08/03/2025

DBS Digital Banking, ATM Services Suffer Hours-Long Disruption

DBS Group Holdings Ltd.’s digital banking and ATM services were disrupted in Singapore overnight, the latest in a series of technical glitches suffered at the island state’s largest bank.

Posted on 08/03/2025

DBS services restored after overnight disruption, bank investigating cause

DBS banking services, including ATMs, mobile banking, and NETS, were restored after an overnight disruption on 8 March 2025. The outage, which began just after midnight, persisted past 9 am, according ...

Posted on 08/03/2025

DBS investigating cause of overnight disruption to digital banking, ATM services

SINGAPORE: DBS services, including mobile banking, ATMs and NETS, have been restored after an overnight disruption on Saturday (Mar 8). According to outage tracking site, Downdetector.com, complaints ...

Posted on 08/03/2025

DBS is RHB’s top pick with dividend yield ‘too good to ignore’

UOB and OCBC “also surprised with respect to dividends”, say RHB Bank Singapore analysts. They expect UOB to outperform its peers in terms of earnings growth this year.

Posted on 08/03/2025

Prudential, StanChart cement 25 years of bancassurance tie-up

They have the longest-running bancassurance partnership in Singapore and Asia. Prudential Plc and Standard Chartered Plc’s long-standing bancassurance partnership has averaged “double-digit” sales ...

Posted on 08/03/2025

S’pore woman received over S$711 million in bank account, admits not knowing where funds came from

Zin Nwe Nyunt, 58, a Singaporean citizen, worked with her husband's childhood friend, Nyan Win, who controlled Zin's accounts and made transfers to local and overseas accounts, in exchange for ...

Posted on 07/03/2025

Singapore moms juggle family tasks and money matters

Singapore women are more financially secure than their mothers’ generation, but traditional family responsibilities prevent them from achieving financial stability, according to Sun Life Asia’s latest ...

Posted on 07/03/2025

Wee Cho Yaw’s heirs get access to his US$10 billion estate in UOB, UOL stakes

The estate of Wee Cho Yaw, the late patriarch of UOB, has transferred control of the remaining shares that it held to his heirs, concluding one of Singapore’s biggest wealth transfers in decades. Read ...

Posted on 07/03/2025

Singapore clarifies rules for real estate agents in anti-money laundering Bill

SINGAPORE has introduced a Bill to set out requirements for the real estate industry to act on suspected money laundering activities. Read more at The Business Times.

Posted on 07/03/2025

S Pass qualifying salary to increase: S$3,300 from September 1, S$3,800 for those in financial services

Singapore’s minimum qualifying salary for S Pass applicants will be S$3,300, up from the previous S$3,150, marking the third ...

Posted on 07/03/2025

Top 6 Fintech Events in Singapore in 2025

Explore the top fintech events in Singapore 2025, from SFF to blockchain summits to stay ahead with key conferences.

Posted on 07/03/2025

Matrixport Subsidiary Fly Wing Obtains Major Payment Institution License from MAS in Singapore

Fly Wing Technologies Pte Ltd, a wholly owned subsidiary of Matrixport, granted the Major Payment Institution (MPI) License by MAS.

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