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Posted on 27/11/2023

Singapore Bank Concern Grows About Illegal Money Flows, MAS Says

Singapore’s finance firms are now more concerned about risks stemming from potential money laundering and terrorism financing, in the wake of the island-wide raid earlier this year that captured more ...

Posted on 27/11/2023

Singapore Warns of Potential Vulnerabilities From Higher Rates

The combination of elevated global interest rates and pre-existing weaknesses remain a threat to world financial-market stability, Singapore’s central bank has warned.

Posted on 27/11/2023

UOB, OCBC and DBS customers can soon ‘lock up’ savings for in-person withdrawal only

The feature is designed to prevent fraudsters from siphoning money out of a hacked account. Read more at straitstimes.com.

Posted on 27/11/2023

DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases

Customers can lock up funds in their bank accounts to safeguard against unauthorised transfers and malware scams.

Posted on 27/11/2023

UOB, OCBC & DBS letting customers ‘lock up’ money in bank accounts in anti-scam move

UOB, OCBC and DBS Bank customers can soon lock up the money in their bank accounts to stop any digital transactions in an anti-scam move. UOB and OCBC will roll out the feature on Nov. 30. DBS Bank ...

Posted on 27/11/2023

China raises fuel oil import quotas by 3 mln tons for non-state firms

China has issued an additional 3 million metric tons in fuel oil import quotas in 2023 for non-state firms, according to a notice released by the country's Ministry of Commerce on Monday.

Posted on 27/11/2023

India’s bilateral FTA with Singapore and as part of Asean needs to be studied together: GTRI

The think-tank GTRI suggests that India should study its bilateral free trade agreements with Singapore and Thailand while reviewing its trade pact with the Asean bloc. GTRI also recommends a similar ...

Posted on 27/11/2023

Singapore Bourse May Reclaim 3,100-Point Level

The Singapore stock market has tracked lower in consecutive trading days, slumping more than 20 points or 0.6 percent along the way.

Posted on 27/11/2023

Are young Singapore investors growing their wealth the wrong way?

SINGAPORE: Young investors here have performed poorly in managing their portfolios, according to an OCBC survey, although some online share trading platforms report that they are holding their own ...

Posted on 27/11/2023

Singapore debuts first ‘zero emission’ electric cargo vessel

Singapore’s first electric cargo vessel has been officially launched marking a significant milestone in the city state’s decarbonisation of its maritime industry.

Posted on 27/11/2023

I spent years working towards my dream job at JPMorgan in Singapore. But 2 years after I got it, I quit — here’s why.

Working at JP Morgan was a long-held dream for Xaviera Ho, 29. But she left the job after two years.

Posted on 27/11/2023

Take a look inside Singapore’s public housing estates, where 80% of the resident population resides

In Singapore, public housing does not mean inexpensive housing: In June, a 4-room flat was sold for $1.5 million Singapore dollars.

Posted on 27/11/2023

As it connects China with the world, Standard Chartered bets on RMB internationalisation

CHINA is the world’s second-largest economy with the highest amount of total trade, and so it’s no surprise that the country’s trade relations are so deeply integrated with the rest of the world. Read ...

Posted on 27/11/2023

Unions still key for Singapore’s growth

The Republic's brand of tripartism has created a conducive environment for businesses and ensured higher wages for workers. Read more at straitstimes.com.

Posted on 27/11/2023

DBS seeks private credit foothold by originating deals

The group will, however, steer clear of doing direct lending transactions itself to avoid conflicts of interest.

Posted on 27/11/2023

Hyundai Uses Literal Robot Dogs in its Mind-Bending Experimental Sci-Fi Factory in Singapore

Hyundai is now working along side robot dogs as well as plenty of other robots. The post Hyundai Uses Literal Robot Dogs in its Mind-Bending Experimental Sci-Fi Factory in Singapore appeared first on ...

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