The platform is co-developed by the MAS and six commercial banks in Singapore; DBS, OCBC, UOB, Citibank, HSBC and Standard Chartered Bank, all of whom will be the participating FIs during its initial ...
UOB drops interest rates for One Account holders, introduces 2 new balance tiers
United Overseas Bank (UOB) announced that with effect from May 1, it will be revising the interest rate down and introducing two new balance tiers for all UOB One Account holders, such that the ...
Singapore, Indonesia await start-up investors’ return, as Malaysia eyes regional launch pad status
After billions of dollars retreated from Southeast Asia's start-ups last year, investors are expected to return in 2024, but with less risk appetite Singapore's noted start-up ecosystem is well placed ...
Singapore stocks rose on Monday—STI climbed 0.2%
SINGAPORE: Singapore stocks rose on Monday as they mirrored the gains in both US and European markets. The Business Times reports that at 9:01 am on Monday morning, the Straits Times Index (STI) ...
New digital platform allowing banks to exchange information on suspicious customers launched
SINGAPORE - A centralised digital platform which enables ... First announced in 2021, Cosmic was co-developed by MAS and six banks - DBS, OCBC, UOB, Citibank, HSBC and Standard Chartered Bank. They ...
More options for Singapore investors
SINGAPORE: Five Singapore depository receipts (SDRs) linked to Thailand’s blue chip companies will be listed on the Singapore Exchange (SGX) on April 1, expanding the Thailand-Singapore Depository ...
What does hike in insurance coverage on bank deposits to $100,000 mean for you?
The higher cap on deposit insurance will cover 91 per cent of insured depositors, in line with international norms. Read more at straitstimes.com.
Swiftonomics boosts card billings by 35%; UOB cardholders spent over S$30 million on tickets
CARD billings at UOB-acquired merchants surged 35 per cent week on week over Mar 4 to Mar 10, when four of six of Taylor Swift’s The Eras Tour concert events took place in Singapore. Read more at The ...
HSBC launches $150m venture debt offering for Singapore firms
HSBC introduced its $150m Venture Debt offering in Singapore which will provide flexible funding arrangements for high-growth companies to accelerate their grow ...
UOB Bank pays 5.8% dividend yield only – Buy DBS or OCBC instead for higher dividend yield? (as a Singapore Investor in 2024)
UOB Bank pays 5.8% dividend yield only – Buy DBS or OCBC instead for higher dividend yield? (as a Singapore Investor in 2024) ...
Brunei ranks third in personal finance interest in South East-Asia; Singapore the leader
Brunei Darussalam is third in South-East Asia in the interest of personal finance management, with a significant indicator of 3.1 per cent, according to an analysis by UnaFinancial.
5 Singapore Depository Receipts linked to Thai blue chips to trade on SGX from April 1
This will bring the number of SDRs on the SGX to eight, covering more than 40% of the benchmark SET50 Index. Read more at straitstimes.com.
Elevate Your Lifestyle at Klimt Cairnhill, Singapore’s Newest Luxury Haven
Singapore, recognized for its lavish lifestyle and top-tier facilities, now hosts Klimt Cairnhill, a symbol of lavish living redefining grandeur within the city’s nucleus. Offering a blend of ...
Stock market today: Asian shares are mostly higher after another set of Wall St records
Asian shares were mostly higher Friday in quiet holiday trading, with markets closed in Hong Kong, Sydney, Singapore and India, among other places. Many world financial markets were closed on Friday ...
HSBC, OCBC oppose Truong My Lan’s proposal to sell multi-million-dollar Hanoi building
HSBC and OCBC Bank Singapore said Van Thinh Phat chairwoman Truong My Lan has mortgaged the Capital Place building for loans totaling US$200 million at their banks, disqualifying her from selling the ...
Singapore’s 15-Year Reign Continues as the World’s Best Business Environment
In the last 10 to 15 years, Singapore has established itself as one of the world's most stable and business-friendly nations. Singapore attracts business enthusiasts and wealthpreneurs as it is known ...