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Category: FINANCE

Posted on 12/08/2023

DBS/POSB rolls out $40m suite of measures to ease cost of living pressure for low income households

A 2.6% interest rate loan package from POSB will be extended to the end of December to allow more sign-ups. Read more at straitstimes.com.

Posted on 12/08/2023

DBS/POSB launches S$20 transport rebates & enhanced home loans, savings programme for low-income S’poreans

In June, it started a S$2 weekly allowance subsidy to reduce expenses among students who use POSB Smart Buddy for their transactions. The first 15,000 students who cumulatively spend S$2 within the ...

Posted on 12/08/2023

Police arrest 10 suspects linked to Android banking malware scams

The youngest suspect is 16 years old. Six other people are assisting with investigations. Read more at straitstimes.com.

Posted on 12/08/2023

Looking for income? You should invest in Singapore

Panics are usually kind to the income-seeking investor. Everything sells off hard even good-quality, high-dividend stocks sell off to the kind of levels you don't see in a regular bear market.

Posted on 12/08/2023

Singapore to hold presidential election on September 1 if multiple candidates qualify

Former PAP minister Tharman Shanmugaratnam, ex-state fund investment chief Ng Kok Song and business executive George Goh are among those eyeing the largely ceremonial role Tharman passes all criteria ...

Posted on 11/08/2023

This bank’s new app security feature irks customers

OCBC introduces a security feature that locks out access if it detects mobile apps downloaded from unofficial app stores on the user's phone. The bank cites the need to safeguard against malware but ...

Posted on 11/08/2023

Standard Chartered Bank appoints first head of social sustainability

Standard Chartered Bank has appointed its first head of social sustainability ... business and partnerships to boost the bank’s social impact. The job is based in Singapore, StanChart’s regional ...

Posted on 11/08/2023

DBS pledges $1b over 10 years to help vulnerable families in key markets, including S’pore

DBS will pledge up to $100 million a year in Singapore, China, Indonesia, India, Hong Kong and Taiwan. Read more at straitstimes.com.

Posted on 11/08/2023

Using ETFs to Ride on Singapore’s Economic Growth

And as an investor living in one of the world’s strongest economies, we can definitely ride on Singapore’s economic growth – especially for those seeking growth and income returns on your investment ...

Posted on 11/08/2023

Singapore bank DBS commits up to $741 mln for charity over next decade- CEO

SINGAPORE, Aug 11 (Reuters) - Singapore's biggest bank DBS Group (DBSM.SI) will commit up to S$1 billion ($741.29 million) over the next 10 years to help improve the livelihoods of the low-income and ...

Posted on 11/08/2023

CNA Explains: Slump and recovery – what is the current state of the Singapore economy?

Singapore narrowed its projection for economic growth in 2023 on the back of a weak outlook for external demand.

Posted on 11/08/2023

Lim Tean advocates for Tan Kin Lian: A visionary leader for Singapore’s Presidency

In his speech at Mr Tan Kin Lian's launch of his presidential bid, Mr Lim Tean passionately championed the need for a truly Independent President. Highlighting Mr Tan Kin Lian's unique credentials and ...

Posted on 11/08/2023

DBS & POSB showcase heartwarming film that highlights positive community impact for Singapore’s National Day

DBS/POSB have produced a seven-minute short film that aims to shine a spotlight on positive community impact for Singapore’s National Day. Titled ‘Just Next Door’, the sentimental film is inspired by ...

Posted on 11/08/2023

Singapore Red Cross now accepts crypto donations

Singapore Red Cross has started accepting donations in the ... all crypto donations will be converted into fiat currency and settled via bank transfer within one business day. “By accepting digital ...

Posted on 11/08/2023

Citigroup names Singapore-based Gunjan Kalra head of Asia-Pac commercial bank operations

CITIGROUP has appointed a veteran of more than 20 years to lead its Asia-Pacific commercial bank operations from Singapore, as it hires for the business in the region. Read more at The Business Times.

Posted on 11/08/2023

DBS downgrades Prime US REIT on high gearing, refinancing risks, falling occupancy

DBS Group Research has downgraded Prime US REIT OXMU -1.53% to “hold” following its results for 1HFY2023 ended June, citing high gearing, refinancing risks and declining occupancy among the US office ...

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