In a significant move for the cryptocurrency industry, Coinbase, a leading crypto exchange operator, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS).
Man, 74, loses $70k life savings to scammer who told him he ‘had a lot of wisdom and experience’
For six hours, a 74-year-old man chatted online with a friendly roast duck seller he met on Facebook, only to find his life savings almost wiped out soon after. Read more at stomp.straitstimes.com ...
Woman in S’pore loses over RM380,000 after downloading third-party app to buy durian tour ticket
A part-time bakery worker lost over US$81,000 (RM381,307 or S$111,000) to scammers who siphoned money from her two DBS bank accounts after infecting her Android phone with malware.
DBS keeps ‘buy’ call on Singtel following long-awaited divestment of loss-making Trustwave
According to Singtel, the divestment is expected to be completed by the fourth quarter and will not have a material impact on its FY2024 ending March 2024. In its Oct 2 note, DBS points out that ahead ...
Battambang courts agro investment from Singapore
Battambang provincial governor Sok Lou highlighted the region’s agricultural potential, especially its quality rice, in his recent meeting with Singaporean ambassador Teo Lay Cheng. Lou encouraged ...
UOB warns against fake invitation to meet Taylor Swift
UOB has issued its latest scam alert to warn its consumers against a fake invitation to a meet-and-greet session with global pop star Taylor Swift.
Seatrium unit bags US$500m facility with a sustainability-linked conversion option
Standard Chartered Bank issued the facility. Estaleiro Jurong Aracruz (EJA), a wholly-owned subsidiary of Seatrium Limited (Seatrium), clinched a US$500m facility from Standard Chartered Bank ...
Seatrium secures US$500 mil facility with a sustainability-linked conversion option
The new facility includes a sustainability-linked conversion option that’s aligned with sustainability-linked loan principles.
Seatrium unit secures US$500 million sustainability-linked facility
SEATRIUM’S wholly-owned subsidiary Estaleiro Jurong Aracruz has refinanced an existing loan due December 2023 with a new US$500 million facility from Standard Chartered Bank (Singapore). The facility ...
Seatrium in half a billion-dollars refinancing deal
Seatrium’s wholly owned Brazilian subsidiary Estaleiro Jurong Aracruz (EJA) has secured a $500 million facility with a sustainability-linked conversion operation.
Versatile, ‘safe haven’ asset: What you should know before investing in gold
The precious metal, which can be held via the UOB Gold Savings Account, is more than just a reliable store of value. Read more at straitstimes.com.
These two banks join OCBC & Citibank to restrict bank digital services usage if unverified apps on phones are found
And they are none other than DBS and UOB, the two big local bank names we’re aware of. So news has it that new security measures will be implemented to protect customers from scams. These measures ...
S’pore man, 74, loses S$70,000 life savings after downloading app to order Peking duck
The victim, surnamed Loh, lost about S$70,000 of his life savings that very afternoon. Loh told Shin Min Daily News that on Aug. 26, he came across a Facebook advertisement by a roast duck supplier ...
New scam alert: UOB says circulating Taylor Swift meet-and-greet invites are fake
SINGAPORE - Those who hold accounts with UOB and make use of the bank's digital banking capabilities may have noticed a new scam alert since Friday (Sept 29). The alert warns against a fake invitation ...
Invitation to attend Taylor Swift meet-&-greet session in S’pore fake: UOB
UOB has issued a new scam alert since Friday, Sep. 29 warning against a fake invitation to a meet-and-greet session with superstar Taylor Swift, who will be in Singapore for The Eras Tour from March 2 ...
OCBC, CapitaLand Investment, UOBKH lead buyback tally
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions through to Sep 28, with S$179 million of net institutional inflow, while 21 primary-listed companies conducted buybacks ...