Mobile Guardian, the leading cloud-based mobile device management (MDM) and classroom tools platform, has appointed Mark Julien as Head of Asia Pacific, reinforcing their commitment to the region. ( read original story ...)
Singapore Banks Offer to Defer Mortgage, SME Loan Payments
Singapore’s central bank said lenders will offer additional relief for consumers and companies battered by the sharp economic slowdown, including a freeze on mortgage and business loan payments and ... ( read original story ...)
Rich Asians Face Billions in Losses on Structured Notes
A popular investment among Asia’s wealthy in the years of rock-bottom interest rates has been upended in the recent market rout, leaving investors facing losses estimated to be in the billions of ... ( read original story ...)
OCBC launches PayNow fund transfers via Google Pay
SINGAPORE (THE BUSINESS TIMES) - OCBC Bank has brought Google Pay's peer-to-peer (P2P) funds transfer service to Singapore, making the Republic the third country where this service is available. ( read original story ...)
How Insurers and Banks Are Helping You Survive COVID-19 (Whether Quarantine or Debt)
DBS/POSB, HSBC, Prudential, and Manulife will also pay out lump sum cash benefits (which can reach as high as S$1,500) upon either diagnosis or being quarantined as a form of extra financial help. For ... ( read original story ...)
Singapore stock watch: SIA, HC Surgical, DBS, UOB, OCBC, GuocoLand, Datapulse
SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that ... HC Surgical shares rose two cents or 5.6 per cent to 38 cents at Thursday's close. DBS, UOB, OCBC Bank: The three ... ( read original story ...)
OCBC chief Samuel Tsien’s pay rose to over S$11 million last year – here’s how much the CEOs of DBS and UOB earned
OCBC, which published its report on Tuesday (Apr 14), said that its CEO, Samuel Tsien, received a total pay of S$11,079,557 in 2019. This includes a S$1,242,400 base salary, S$5,841,000 in bonuses, ... ( read original story ...)
Coronavirus: Singapore property prices set to tumble, fire sales ‘unlikely’
The manpower ministry said labour market prospects were expected to be subdued due to the Covid-19 outbreak and global economic uncertainties. DBS economist Irvin Seah expects the Singapore economy to ... ( read original story ...)
Here’s why China Aviation Oil (Singapore) Corporation Ltd’s (SGX:G92) Returns On Capital Matters So Much
Today we'll look at (SGX:G92) and reflect on its potential as an investment. To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the ... ( read original story ...)
A New Decade For Asia’s Tech Capital: Three Things That Will Define Singapore’s Startup Scene in the 2020s
Singapore is combating any business complacency with new budgets for new industries and long-term national goals. Singapore Finance Minister Heng Swee Keat told The Straits Times during a visit to the ... ( read original story ...)
Singapore stock watch: DBS, ComfortDelGro, SBS Transit, Vicom, Oxley, Suntec Reit
SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their shares on Tuesday (April 7): DBS: Singapore's largest bank DBS will progressively close ... ( read original story ...)
Singapore announces third stimulus package worth $3.6 billion to soften coronavirus impact
Together with the previous two packages, Singapore has set aside 59.9 billion Singapore dollars ($41.7 billion), accounting for around 12% of the country's gross domestic product. ( read original story ...)
DBS partners Haier to provide digital financing to its distributors within 24 hours
Story continues In February 2020, DBS said that it is advancing Singapore’s trade digitalisation agenda, by collaborating with Audi Singapore (Audi) and Audi’s local distributor, Premium Automobiles ... ( read original story ...)
Fabled Singapore Oil Trader Appoints Advisers Amid Bank Squeeze
Singapore oil trader Hin Leong Trading (Pte.) Ltd. has appointed advisers to help in talks with banks as some of them freeze credit lines to the firm, according to people with knowledge of the matter. ( read original story ...)
DBS lowers GDP growth forecast to minus-1 percent
Singapore-based DBS’ forecast was more bearish than the 0.2 percent growth Moody’s Investors Service predicted on Monday last week. The central bank on March 19 revised downward its GDP forecast this ... ( read original story ...)
Singapore Bourse May Test Resistance At 2,600 Points
Ahead of the Good Friday holiday, the Singapore stock market had bounce higher again - one day after snapping the two-day winning streak in which it had advanced more than 180 points or 7.5 percent. ( read original story ...)