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Category: FINANCE

Posted on 12/07/2023

UOB to close Myanmar Airways International bank accounts by Aug 15

The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.

Posted on 11/07/2023

Thief grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs his neck

A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...

Posted on 11/07/2023

Singapore’s Temasek says it’s not looking to invest in crypto firms amid current regulatory uncertainties

Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong called the loss "disappointing" and damaging for Singapore's reputation. In May, Temasek then announced it is cutting the salaries ...

Posted on 11/07/2023

Singapore state investor Temasek posts negative annual return, its first since 2020

Its global direct investments, particularly in technology, healthcare and payments, saw "a reversal of gains" in the 12 months ending March 31 this year.

Posted on 11/07/2023

Singapore’s Temasek reports portfolio value drop, positive on China tech

Singapore investment firm Temasek Holdings (TEM.UL) on Tuesday posted a 5.2% drop in its net portfolio value to S$382 billion ($284.65 billion) in the financial year that ended in March.

Posted on 11/07/2023

Can Foreigners Overseas Open a Singapore Bank Account 100% Digitally?

Say goodbye to endless paperwork and long queues at bank branches—OCBC has become the first bank in Singapore to fully digitalise the account opening process for foreigners. That means foreigners ...

Posted on 11/07/2023

Man grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs man’s neck

A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...

Posted on 11/07/2023

Interest Rates and Returns for Singapore Savings Bonds (SSB) in July 2023

In recent months, the interest rate and therefore returns of the Singapore Savings Bond (SSB) have been at record highs. Should you buy the SSB? Read on as we delve deeper into the Singapore Savings ...

Posted on 11/07/2023

UOB to close Myanmar Airways International’s bank accounts by Aug 15

The airline has been asked to stop using the bank for outward transactions by July 21. Read more at straitstimes.com.

Posted on 11/07/2023

DBS sells 77.8% stake in AXS to private equity firm Tower Capital Asia

DBS has entered into an agreement to sell a 77.8 per cent stake in AXS to Tower Capital Asia in August 2023. How much will its minority stake be?

Posted on 11/07/2023

Singapore-based medical firm Genesis MedTech weighs up to US$500 million HK IPO: sources

GENESIS MedTech Group, a medical device company, has selected advisers for a potential initial public offering (IPO) in Hong Kong, according to people familiar with the matter. Read more at The ...

Posted on 11/07/2023

Citi to Pilot Digital Platform for Commercial Banking Clients in Singapore, India, HK

Citi announced that it will pilot its new platform in the second half of 2023 across Singapore, India, Hong Kong, and the U.K.

Posted on 11/07/2023

OCBC powering growth through unified network and talent connections

The bank will leverage its network and capabilities to capture more Asean-Greater China opportunities. Read more at straitstimes.com.

Posted on 11/07/2023

Thief grabs $600 that elderly woman withdrew from Tampines ATM, durian vendor grabs thief’s neck

A durian vendor went to the rescue of an elderly woman when she was robbed of $600. Read more at stomp.straitstimes.com ...

Posted on 11/07/2023

Dining & Buffet Credit Card Promotions and 1-for-1 Deals (July 2023)

To make that easier, we have scoured Singapore just to find you the best 1-for-1 dining promotions this July 2023. Get ready to savor a wide array of delectable dishes, from international cuisine to ...

Posted on 11/07/2023

Ascenda unveils expansion of OCBC partnership to grow bank’s premium rewards offering

Today, rewards technology leader Ascenda announced the expansion of its partnership with OCBC, Singapore's longest-established bank and second-largest financial group in Southeast Asia by assets. The ...

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