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Posted on 03/04/2023

HSBC Bank (Singapore) names new board directors

HSBC Bank (Singapore) has appointed Sam Liew and Colin Bell as directors of its board, effective April 4. Liew is managing partner, government strategic business group, at Singtel NCS Group. In this ...

Posted on 03/04/2023

“Embarrassed” DBS chairman bows to apologise and sets up special committee to look into service disruption

SINGAPORE: Expressing embarrassment over the latest digital banking service outage, DBS CEO Piyush Gupta and chairman Peter Seah apologised to stakeholders at the bank’s annual general meeting (AGM) ...

Posted on 03/04/2023

Singapore stocks rise as markets leave banking woes behind; STI up 0.7%

SINGAPORE - The Straits Times Index (STI) rose 0.7 per cent or 22.18 points to close at 3,281.08 points on Monday, amid buoyant trading across Asia. Read more at straitstimes.com.

Posted on 03/04/2023

Singapore to start importing eggs from Indonesia

This brings the number of countries and regions accredited to export chicken eggs to Singapore to 18, up from 12 in 2019, said the Singapore Food Agency.

Posted on 03/04/2023

Tencent backs Singapore’s Horizon Quantum Computing in $18M round

Quantum computers have the potential to carry out highly complicated calculations in minutes that would have taken classical computers thousands of years to work out. But much of the industry is still ...

Posted on 03/04/2023

AI tools like Home Loan Report are revolutionising the mortgage industry

AI like Home Loan Report, has revolutionised several industries, and the mortgage broker business in Singapore is no exception. The post AI tools like Home Loan Report are revolutionising the mortgage ... ( read original story ...)

Posted on 03/04/2023

3 Things To Know Before Committing to Co-Borrowing on Mortgage

In Singapore, it’s common to co-borrow on a mortgage with your parents or spouse to strengthen your loan application. When ... ( read original story ...)

Posted on 03/04/2023

Tight Rental Market Fuels Rental Scams, Singapore Among Top Cities for Ultra-prime Residential Sales, and More

Almost all 320,000 HDB flats that were built up to 1986 have been upgraded under the Home Improvement Programme (HIP). Meanwhile, demand for assisted co-living arrangements in public housing flats is ... ( read original story ...)

Posted on 03/04/2023

HSBC Singapore announces new board of directors

Their appointments is effective starting 4 April. Sam Liew and Colin Bell have been appointed as new directors to the board of HSBC Bank (Singapore). Liew is presently the managing partner of the ...

Posted on 03/04/2023

Singapore authorities seize over 85,000 e-vaporisers and components in largest haul to date, 11 detained

More than 85,000 e-vaporisers and related components were seized at a warehouse in Mandai on Wednesday (March 29) — the Health Sciences ...

Posted on 03/04/2023

Largest-ever seizure of e-vaporisers in Singapore in Mandai warehouse

Singapore authorities have seized its largest-ever haul of over 85,000 illegal electronic vaporisers and related components from a warehouse in Mandai last week. Five suspected runners, aged between ...

Posted on 03/04/2023

LONGi takes part in China’s Machinery & Electronics Show in Singapore

LONGi has attended a conference on international industrial cooperation (CIIC) and the co-located China Machinery and Electronics Show (CMES) in Singapore, where its general manager for SE Asia, ...

Posted on 03/04/2023

Singapore authorities seize record haul of over 85,000 vape products in warehouse raid

SINGAPORE: Over 85,000 electronic vaporisers and related components were seized in a warehouse raid conducted by Singapore's Health Sciences Authority (HSA).  This is the largest seizure of ...

Posted on 03/04/2023

DBS’ latest digital service disruption unacceptable, says MAS

Singapore’s largest lender DBS is expected to face new regulatory action following a lengthy outage of its digital banking services last week.

Posted on 03/04/2023

DBS CEO, who received S$15.4 million in pay in 2022, feels embarrassed over technical disruption

DBS CEO Piyush Gupta felt embarrassed at the Annual General Meeting due to the bank's digital banking service disruption for the second time in 16 months. DBS Chairman Peter Seah also apologized to ...

Posted on 03/04/2023

RHB cuts DBS’s target price by 5% after service disruption last week

The glitch has hurt DBS’s reputation and warnings of supervisory action could keep its share price range-bound, says RHB.

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