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Category: FINANCE

Posted on 21/01/2022

DBS NAV Planner Now Include Shares From Our CDP Account: How One Problem Singapore Investors Faced Is Now Solved

With SGFinDex, our DBS NAV can now be used to sync up with data from our CDP account. This article was written in collaboration with DBS. All views expressed in this article are the independent ... ( read original story ...)

Posted on 21/01/2022

Customers should not expect banks to reimburse their money lost in a scam, Singapore analysts say

OCBC bank's move to fully reimburse all its customers who were victims of a recent SMS phishing scam should not set a precedent for the banking industry, professionals in business, law and ... ( read original story ...)

Posted on 21/01/2022

The Climate Conversations – S2: Why there’s urgency – and financial returns – in greening Singapore’s real estate | EP 61

Green and sustainable buildings have become an urgent corporate priority. What materials to use, how to get a net zero building off the ground and whether it'll be resilient to the worsening impacts ... ( read original story ...)

Posted on 21/01/2022

Citi to sell Southeast Asia retail biz in $ 3.7 b deal to Singapore’s UOB

Citigroup has agreed to sell its consumer business in four Southeast Asian markets to United Overseas Bank (UOB) for about S$ 5 billion ($ 3.7 billion), bringing the US bank closer to its goal of ... ( read original story ...)

Posted on 21/01/2022

‘A global inflection point’: Government finance chiefs set out how their countries are launching the post-COVID economy

And Yeo, the director of economic programmes at Singapore’s Ministry of Finance, believes that governments’ responses to today’s COVID-19 pandemic has the potential to similarly armour their countries ... ( read original story ...)

Posted on 21/01/2022

KPMG’s Singapore Budget 2022 proposal highlights ESG, global tax and enterprise support measures to build lasting companies on a fragile planet

S$1b Green Energy Investment Fund, Green Financing Bank and laws against greenwashing among proposals for Singapore to be key ESG hub Also proposed are measures to boost Singapore's competitiveness ... ( read original story ...)

Posted on 21/01/2022

Rugby Canada and World Rugby to announce postponement of HSBC Canada Sevens in Vancouver

With British Columbia continuing to experience a surge in serious COVID-19 cases, Rugby Canada and World Rugby are set to jointly announce the postponement of the HSBC Canada Sevens in Vancouver. The ... ( read original story ...)

Posted on 20/01/2022

Roel Louwhoff appointed chief technology, operations and transformation officer of Standard Chartered

Standard Chartered has announced the appointment of Roel Louwhoff as chief technology, operations and transformation officer. Based in Singapore, Louwhoff will lead the company’s transformation, ... ( read original story ...)

Posted on 20/01/2022

HSBC launches Malaysia’s first multi-currency digital wallet for SMEs

HSBC Bank Malaysia Bhd has launched Malaysia’s first multi-currency digital wallet that enables small and medium enterprises (SMEs) to make and receive international payments simply and securely from ... ( read original story ...)

Posted on 20/01/2022

POSB Bank Journeys through Fairy Tales to Champion Financial Literacy in Children

As new forms of finance emerge & cashless living becomes increasingly the reality, the financial literacy of our children is of paramount importance. Recognising this, POSB, Singapore’s largest and ... ( read original story ...)

Posted on 20/01/2022

DBS to stop sending ‘non-essential’ SMSes to customers

Friday, DBS Bank will send only essential SMSes to its retail and wealth customers until further notice. These include security and trade notifications, and OTP authentication SMSes which will have no ... ( read original story ...)

Posted on 20/01/2022

Singapore to tighten digital banking security

Banks in Singapore will have to put in place more stringent measures to combat the rise in online phishing scams targeted at bank customers in the city-state ... ( read original story ...)

Posted on 20/01/2022

HSBC launches first multi-currency digital wallet for SMEs

HSBC Bank Malaysia Bhd today launched the HSBC Global Wallet, Malaysia's first multi-currency digital wallet that enables small and medium enterprises (SME) to make and receive international payments ... ( read original story ...)

Posted on 20/01/2022

OCBC’s up to $7 billion excess capital may spark deals: Report

Oversea-Chinese Banking Corp's high capital levels may give South-east Asia's second-largest lender as much as $7 billion in excess funds that could be used for acquisitions, according to Bloomberg ... ( read original story ...)

Posted on 20/01/2022

DBS to only send ‘essential’ SMEs to retail, wealth customers

The bank assured customers that it employs a multi-layered defence system against fraud. DBS announced that it will only send “essential” short message services (SMSes) to its retail and wealth ... ( read original story ...)

Posted on 20/01/2022

OCBC’s $5.2 in Billion Excess Capital May Spark Deals, BI Says

Oversea-Chinese Banking Corp.’s high capital levels may give Southeast Asia’s second-largest lender as much as S$7 billion ($5.2 billion) in excess funds that could be used for acquisitions, according ... ( read original story ...)

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