OCBC’s wealth revenue includes income from its private bank – Bank of Singapore – as well as lower-rung consumer, insurance and brokerage units. OCBC continues to be on the lookout for deals, with ...
10 Best Savings Accounts in Singapore with the Highest Interest Rates (Nov 2024)
Savings accounts have a simple premise, but often come with complex mechanisms for you to earn bonus interest. When you open a savings account with a bank, you deposit money into it and let that money ...
How South Korean police cracked $230M crypto fraud targeting elderly investors
The scam was led by a YouTuber, Mr. A, who promoted false crypto investments to his 620,000 followers ... Mr. A evaded initial police efforts by leaving South Korea through Hong Kong and Singapore ...
Singapore stocks rise even as trade tariff fears hurt market sentiment in Asia; STI up 0.2%
Thai Beverage was the STI’s top gainer, rising 2 per cent to 52 cents, while Frasers Logistics and Commercial Trust was at the bottom of the table, shedding 3 per cent to 97 cents. The counter began ...
Exclusive: Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say
Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new operating company and will earmark roughly 20% of output for the plant's ...
87% of financial controllers in Singapore expect their role to change drastically by 2030: EY
In Singapore, 87% of financial controllers expect their role to change drastically by 2030, with 50% expecting a heightened focus on value creation, the 2024 EY DNA of the Financial Controller report ...
Singapore pledges up to US$500 million to finance climate action in Asia
With climate finance weighing heavily at the UN COP29 in Azerbaijan, Singapore announced that it will commit up to US$500 million to a national initiative to channel financing to decarbonise Asia.
Man spun stories to allegedly cheat six people into giving him $25k
SINGAPORE - A man who spun stories ranging from credit card ... On another occasion in April 2024, he allegedly told a third victim that his POSB account was frozen and dishonestly induced her into ...
Two Singapore media veterans sued over RM3.3mil loan given to their business to promote Mandarin
Two media professionals, Chua Chim Kang and Lee Kuan Fung, are being sued by a businessman seeking repayment of a S$990,000 (RM3.3 million) interest-free loan he had given the pair in 2017.
Singapore’s 2025 salary growth projected to be slowest in Southeast Asia, study reveals
SINGAPORE: According to the latest Singapore Business Review report, Singapore’s salary growth is expected to remain modest in 2025, with a projected increase of just 4.4%, the lowest across Southeast ...
‘Many dark times’: How this startup founder overcame self-doubt and started a $100-million-a-year business
In one of his business classes, which involved learning how to write ... In 2007, Tiong returned to Singapore and started Patsnap with the help of a government grant worth 55,000 Singapore dollars ...
Tourist shocked by $13 meal at Singapore restaurant
She noted that her order included "one potato, one tofu, four okras, two tofu skins, a small portion of chicken, and a serving of rice," adding that she could not understand why it cost so much.Indah ...
Temasek Trust invests US$50 million in HSBC-held Tekoma Energy
TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. Read more at The Business Times.
Standard Chartered has partnered with Wise Platform to transform international payments experience
In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered has announced a partnership with Wise Platform, Wise’s global payments ...
DBS lowers TP for Acrophyte Hospitality Trust formerly known as ARA US Hospitality Trust to 25 US cents
The REIT’s 3QFY2024 results ended Sept 30 saw its revenue per available room (RevPar) coming in at US$104, less than a 1% decline y-o-y as the fall in occupancy to 72.8% was offset by the increase in ...
Singapore stocks fell as trading began on Wednesday—STI dropped 0.7%
In the broader market, 78 stocks fell compared to 43 that advanced, with 47.8 million securities valued at S$89.5 million traded ...