Signing legal and business documents online will be made possible with the rollout of a new feature on national digital identity system SingPass.. Read more at straitstimes.com. ( read original story ...)
Singapore government rolls out digital signature service
Individuals and businesses will soon be able to sign documents digitally using a new service on the government’s SingPass digital identity platform ... ( read original story ...)
Singapore banks fail to soar despite economic reopening
UOB on Wednesday turned in the weakest results among the three Singapore lenders, with its net profit for July to September at SG$668 million -- a 40% decline on-year. It noted small signs of ... ( read original story ...)
Singapore lender UOB’s Q3 profit skids 40% as loan loss provisions rise
United Overseas Bank Ltd UOBH.SI reported a 40% drop in quarterly profit on Wednesday as Singapore's third-largest-listed lender bulked up loan loss provisions in pandemic-hit markets and its net ... ( read original story ...)
UOB profit slides 40% on higher bad loan provisions
United Overseas Bank (UOB) posted a 40 per cent drop in third-quarter net profit to $668 million, from $1.12 billion a year earlier, as it built up on allowances for potential bad loans amid the Covid ... ( read original story ...)
US election: Singapore trade minister warns of economic hit from divided vote
Trade Minister Chan Chun Sing says one of the biggest challenges for the US is how it can maintain its leadership in the world to uphold the global economic order. ( read original story ...)
Singapore Bank Profits Beat Estimates; DBS Sees Pickup
Singapore’s biggest banks posted third-quarter profit that beat estimates, signaling they are withstanding the impact of the pandemic as it takes a toll on the economy and loan quality. ( read original story ...)
Singapore Re-Opening Plan Ditches Quarantine for Tests, Ratios
(Bloomberg) -- Singapore is using a plan involving ratios and testing to open its borders to as many international visitors as possible based on their home country of risk, Minister for Trade and ... ( read original story ...)
Singapore’s Financial Services Sector Is on the Brink of Disruption following COVID-19 Outbreak, According to Fintech Industry Professional
Singapore's financial services sector is on the brink of disruption, according to Singapore Fintech Association President. ( read original story ...)
How Singapore’s QQQ Capital Management became the world’s best performing hedge fund with bets on Chinese education firms
Mainland born Qian Yongqiang turns his Singaporean firm into the world’s best performing hedge fund with returns of 275 per cent this year. ( read original story ...)
Singapore banks trounce third-quarter profit estimates, wealth management shines
Chinese Banking Corp , posted lower than expected declines in third-quarter profit on Thursday on the back of strength in their wealth management businesses. ( read original story ...)
Ant’s IPO delay represents a bigger concern than U.S. election uncertainty, says investor
The abrupt suspension of Ant Group's initial public offering in Shanghai and Hong Kong has greater impact for Asia than the U.S. election result, says CIO of Reyl Singapore. ( read original story ...)
Former Global Head of Trade Finance, Farooq Siddiqi, joins fintech platform #dltledgers as CEO
PRNewswire/ -- Leading cross-border trade digitisation platform #dltledgers has hired veteran banker Farooq Siddiqi as ... ( read original story ...)
UPDATE 1-Singapore lender DBS third-quarter profit skids 20%, OCBC’s profit falls 12%
DBS Group Holdings Ltd , Southeast Asia's biggest lender, reported a 20% fall in third-quarter profit on Thursday, hit by lower net interest income, but the results came above market estimates. ( read original story ...)
Singapore’s Trade Minister Warns of Economic Risks from Divided U.S.
The U.S. presidential election result may still be in doubt, but whoever emerges victorious will need to unite the country to adapt to challenges of globalization and digitization or risk a pushback ... ( read original story ...)
Singapore Bank Profits Beat Estimates; DBS Sees Business Pickup
Singapore’s biggest banks posted third-quarter profit that beat estimates, signaling they are withstanding the impact of the pandemic as it takes a toll on the economy and loan quality. ( read original story ...)