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Category: FINANCE

Posted on 14/11/2023

Jail for maid who unlawfully withdrew $88.6k from 95-year-old man’s bank account over 89 occasions

SINGAPORE - Saddled by hefty debts back home, an Indonesian maid used a bank card belonging to her employer’s elderly father to make 89 unauthorised withdrawals totalling $88,600 from January to July ...

Posted on 14/11/2023

Grab launches new digital bank, here are 6 features available to 20k M’sian beta users

GXBank, the Grab-powered Malaysian digital bank, has released its app for 20,000 beta users. Here are six features that it currently offers.

Posted on 14/11/2023

Maid withdrew S$88,600 from employer’s 95-year-old father’s bank account, gets jail

SINGAPORE: Over about six months, a maid withdrew a total of S$88,600 from her employer's 95-year-old father's bank account, taking care not to trigger the bank's automatic alert for large ...

Posted on 14/11/2023

OCBC to invest $30m in staff development over next 3 years

Initiatives include certifying internal career coaches and launching an AI-powered career marketplace. Read more at straitstimes.com.

Posted on 14/11/2023

OCBC Cycle Fun Space At Singapore Festival 2023 On 18-19 November

HONG KONG SAR - Media OutReach - 14 November 2023 - OCBC Bank (Hong Kong) Limited (OCBC Hong Kong) presents OCBC Cycle Fun Space at Singapore Fest ...

Posted on 14/11/2023

The Much-Anticipated Singapore Fintech Festival 2023 Is Finally Here

The 8th Singapore Fintech Festival 2023 kicks off today and is expected to attract over 60,000 attendees from over 100 countries.

Posted on 14/11/2023

HSBC AM selects CEO for Southeast Asia and Singapore

Subject to regulatory approval, HSBC Asset Management (HSBC AM) welcomes the appointment of Pang Qi Lim as chief executive officer for Southeast Asia and Singapore.

Posted on 14/11/2023

Beyond profits, GIC considers the impact of its investments: CEO Lim Chow Kiat

GIC's investments have had a positive impact around the world by supporting businesses, building infrastructure and creating jobs, says CEO Lim Chow Kiat.

Posted on 14/11/2023

Harnessing day-job skills for charitable purposes

StanChart hopes to leverage the professional skills, experiences and interests of employees to deepen its philanthropic efforts Read more at The Business Times.

Posted on 14/11/2023

OCBC to invest $30m in staff development over 3 years

SINGAPORE - OCBC Bank is investing $30 million over the next three years to help staff progress in their careers and prepare them, as well as the organisation, for future disruptions. Senior leaders ...

Posted on 14/11/2023

Singapore’s homeownership rate is 80%. Could a housing solution there work in Hawaii?

Hawaii lawmakers and housing advocates hungry for new solutions are looking to the Southeast Asian city-state for some potential answers.

Posted on 14/11/2023

YY Group Files for IPO at $4 to $5/Share

By Dean Seal YY Group Holdings has filed paperwork with regulators for an initial public offering with an offering price of $4 to $5 a share.

Posted on 14/11/2023

DBS puts ‘hold’ call on Genting Singapore under review, citing higher-than-expected $6.8 bil capex plan

"This also suggests that the Singapore tourism landscape has shifted towards attracting a greater proportion of wealthier tourists, which justifies its revised $6.8 billion capex budget over the next ...

Posted on 13/11/2023

Behind the Scenes of Prince William’s Earthshot Prize: Singapore ‘Took It Up a Notch,’ Says Photographer

Prince William's Earthshot Prize in Singapore "took it up a notch," says royal photographer who shared never-before-seen images from the event ...

Posted on 13/11/2023

Stock Market Today: Dow Futures Slip After Friday’s Strong Showing

Singapore-based investment firm Foresight Ventures has acquired an 80% stake in crypto news publication The Block for $60 million, according to a person familiar with the matter. Foresight Ventures ...

Posted on 13/11/2023

Three indicators to identify stress in the banking system, and what they show now

THE banking sector has been grappling with slowing loan growth, rising interest rates and greater macroeconomic uncertainty. Read more at The Business Times.

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