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Category: FINANCE

Posted on 11/10/2024

EnterpriseSG, Credit Europe Bank to help Singapore companies get financing overseas for expansion

ENTERPRISE Singapore (EnterpriseSG) and Amsterdam-headquartered Credit Europe Bank (CEB) on Friday (Oct 11) signed an agreement to enhance access to financing for Singapore companies venturing ...

Posted on 11/10/2024

UOB announces collaborations with Institutes of Higher Learning and industry partners at Better U to drive job transformation

SINGAPORE, Oct. 11, 2024 /PRNewswire/ -- UOB is partnering with Institutes of Higher Learning (IHLs) and industry partners to launch an industry-first comprehensive structured 12-month programme with ...

Posted on 11/10/2024

Singapore stocks rose at Friday’s open—STI climbed 0.4%

Singapore stocks opened higher on Friday (Oct 11) despite concerns over global market losses from the night before.

Posted on 11/10/2024

Singaporeans lose S$6.7m to scammers posing as government officials, bank officers in September

More than 100 cases of official impersonation scams were reported in the republic for the month of September, with victims losing at least S$6.7 million ...

Posted on 11/10/2024

September rate cut boosts Singapore property investment by 24.8% QoQ to S$8.3B

The recent interest rate cut in September has boosted the Singapore property market, resulting in a significant rise in investment activity.

Posted on 11/10/2024

‘I’m tired of not having anything in my bank account,’ 32 yo Singaporean feels discouraged because he still has no substantial savings

SINGAPORE: A 32-year-old Singaporean took to social media on Wednesday (Oct 9) to share that he feels truly discouraged for not having any significant savings.

Posted on 11/10/2024

Asian hour trading of US Stocks: Societe Generale’s DLCs now available for Singapore investors

Societe Generale has grown its DLC product range from just 10 in 2017 to over 200 today, and it continues to expand. Initially focusing on US index-linked DLCs tracking the Nasdaq-100, S&P 500 and Dow ...

Posted on 11/10/2024

$6.7m lost to scammers posing as government officials, bank officers in September

The scammers would falsely inform victims of suspicious transactions or credit card issues. Read more at straitstimes.com.

Posted on 10/10/2024

Russia is said to be losing another banking partner as more lenders turn their back on Moscow over fear of sanctions

Oversea–Chinese Banking Corp reportedly told customers it would no longer process Russian transactions come November.

Posted on 10/10/2024

At least $6.7m lost to scammers posing as government officials and bank officers in September

The scammers would falsely inform victims of suspicious transactions or credit card issues. Read more at straitstimes.com.

Posted on 10/10/2024

New HSBC plan multiplies coverage up to six times

The plan also offers enhanced critical illness coverage. HSBC Life Singapore has introduced Life Treasure III, a regular premium, participating whole life insurance plan which allows clients to ...

Posted on 10/10/2024

DBS Private Bank flexes Asian heft in global push

DBS Private Bank has undergone remarkable changes over the past five years. The transformation has been built on the foundations laid by the bank’s incoming chief executive Tan Su Shan, who instilled ...

Posted on 10/10/2024

Digitalisation tops sustainability investments for Singapore companies: report

In Singapore, 53% of companies plan to invest $700,000 or more in sustainable transitions over the next two years, according to Schneider Electric. Ranking above supply chain sustainability, which ...

Posted on 10/10/2024

In what could be a Singapore record, court awards finance veteran US$2.4m for wrongful dismissal after two-year legal battle

A Singapore High Court judge has awarded a German cryptocurrency executive over US$2.4 million (RM10.3 million) in damages following a two-year legal battle over wrongful dismissal, potentially ...

Posted on 10/10/2024

Bank of Singapore winds down Luxembourg operations

Bank of Singapore is winding down its operations in Luxembourg as it pivots all its focus to expanding its UK presence.

Posted on 10/10/2024

Head of digital marketing Hiren Desai closes chapter at Standard Chartered Bank

Hiren Desai, Standard Chartered Bank's head of digital marketing for Singapore, ASEAN and South Asia, has stepped down from the role after six years in the company, he told MARKETING-INTERACTIVE.

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