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Category: FINANCE

Posted on 21/08/2023

Atome Financial, HSBC Singapore Expand $100M Debt Facility to Include Philippines Market

Atome Financial has announced that it has renewed and expanded its partnership with HSBC Singapore to include the Philippine market to its US$100m debt facility. At the moment, Atome has reportedly ...

Posted on 21/08/2023

Sustainability: Singapore’s DBS, TÜV SÜD to Help SMEs Get ESG-Ready

DBS and international certification body, TÜV SÜD, announced a year-long partnership to provide comprehensive training, testing, verification.

Posted on 21/08/2023

Singapore Stock Market Due For Support On Monday

The Singapore stock market has moved lower in six straight sessions, sinking almost 150 points or 4.7 percent along the way. The ...

Posted on 21/08/2023

Commentary: Taylor Swift, Coldplay concerts strike the right chord for Singapore’s stock market

The concert scene in Singapore is booming, with much-anticipated gigs by Taylor Swift and Coldplay next year. OCBC trading strategist Samuel Wong looks at how these concerts will benefit Singapore's ...

Posted on 21/08/2023

Singapore PM says succession plan ‘back on track’ despite scandals

Singapore's leader said the spate of recent scandals that have shaken his ruling party would not derail his plans to hand over power. He did not, however, give a timetable for leadership change.

Posted on 21/08/2023

Singapore PM says succession plan ‘back on track’

Singapore Prime Minister Lee Hsien Loong said Sunday that plans to hand over power to a younger generation of leaders are "back on track" after being disrupted by the Covid pandemic.Lee, 71, had ...

Posted on 20/08/2023

Too early to tell if banks hit by billion-dollar money laundering case had followed rules, says MAS

A MAS spokesman said supervisory engagements with the financial institutions are ongoing. Read more at straitstimes.com.

Posted on 20/08/2023

Commentary: Is OCBC anti-scam measure a necessary guard rail or heavy-handed overreach?

OCBC introduced a new security feature targeted at the threat of malware from risky apps downloaded from unofficial platforms. (Photo: TODAY/Ili Nadhirah Mansor) SINGAPORE: Given the rising tide of ...

Posted on 19/08/2023

Details of 10 foreigners living in S’pore GCBs, condos & Sentosa Cove bungalow arrested in S$1 billion money laundering raid

Three Cambodian nationals, three Chinese nationals, two Cypriot nationals, one Turkish national and one Ni-Vanuatu national were charged in court.

Posted on 19/08/2023

The best investment in Singapore in 2023: choose the one that suits you

The OctaFX experts analysed the best investments in Singapore in 2023 by risk level, complexity, and pay-off speed to help you make better decisions.SINGAPORE - Media OutReach - 19 - To build your ...

Posted on 19/08/2023

Woman surprised to receive SMS from OCBC regarding system glitch because she doesn’t even have an account with the bank

SINGAPORE: A woman took to social media after receiving successive texts from OCBC Bank, as she has no accounts there. Ms Jeya KR posted on the COMPLAINT SINGAPORE Facebook page on Friday (Aug 18) ...

Posted on 19/08/2023

Singapore – A Lasting Legacy Via Climate Impact Investing.

Singapore - A Lasting Legacy Via Climate Impact Investing. Legal News and Analysis - Singapore - Investment Funds - ...

Posted on 19/08/2023

Singapore set for three-way presidential vote as Tharman Shanmugaratnam, Ng Kok Song, Tan Kin Lian receive eligibility certificates

Businessman George Goh, who has insisted he was the sole presidential hopeful independent of the ruling PAP, did not make the cut.

Posted on 18/08/2023

High Court dismisses Winson’s claim against OCBC and StanChart on invalid letters of credit

when Winson sued OCBC and Standard Chartered for failing to pay US$30.4 million each from the respective LCs they issued to finance the diesel trade for Hin Leong. This followed the collapse of Hin ...

Posted on 18/08/2023

Woman loses over $20k from credit card and bank accounts after downloading third-party app

Ms Lim, 54, lost almost $20,500 from a credit card account and two DBS savings accounts in hours after she clicked on a link to download a third-party app, following which scammers then increased her ...

Posted on 18/08/2023

Analysts are mixed on Singapore banks; RHB remains ‘neutral’ while PhillipCapital maintains ‘buy’

Analysts from RHB Bank Singapore and PhillipCapital are mixed on all three Singapore banks, following the 2QFY2023 ended June earnings season. Analyst Glenn Thum from PhillipCapital has maintained his ...

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