The two companies will offer SMEs integrated services including payment solutions, foreign exchange (FX), risk control, and wealth management.
Singapore Approved 13 Crypto Licenses This Year, While Hong Kong Lags Behind: Report
Singapore has been on the lead in approving crypto licenses in 2024, but Hong Kong lags behind, new report reveals.
Singapore overtakes Hong Kong as Asia’s leading crypto hub in 2024
Singapore solidified its status as a leading digital assets hub in 2024, granting 13 crypto licenses to a mix of major exchanges and global operators, more than doubling the previous year’s approvals, ...
DBS Shares’ 43% Rally Seen Having More Legs as Wealth Fees Rise
DBS Group Holdings Ltd.’s shares are set to close out their best year since 2009, with some analysts predicting the rally could extend, driven by the bank’s burgeoning wealth management business.
Singapore family shocked to find snake riding on car’s side mirror; watch viral video
A family in Singapore found a snake riding on their car windshield in the middle of city traffic. The snake slithered on the side mirror, causing a child to scream. The video of the encounter went ...
Singapore pulls ahead of Hong Kong in race to be digital asset hub
Singapore – Singapore forged ahead with efforts to formulate a digital assets hub in 2024, while rival financial centre Hong Kong has struggled to gain traction. Singapore doled out 13 licences in ...
OCBC, UOB offer one-off bonuses to junior staff to ease cost-of-living pressures
Local banks OCBC and UOB will be giving one-off payments to their junior staff to help them cope with the cost-of-living pressures. In a media release on Monday (Dec 23), OCBC announced that about ...
DBS keeps ‘buy’ on Seatrium following FPU contract win; awaits conclusion of probe
DBS believes that Seatrium is on track to deliver strong earnings recovery next year with the delivery of most legacy contracts this year, which were undertaken at lower margins, plus the execution of ...
2024 in focus: Here’s our recap of events & business trends that made waves in Singapore
As 2024 comes to an end, we revisit the Singaporean headlines that made this year stand out. Here were some key events and business trends.
The Edge Singapore apologises to Singapore ministers over article on Good Class Bungalows
SINGAPORE: Business publication The Edge Singapore apologised to Law and Home Affairs Minister K Shanmugam and Manpower Minister Tan See Leng on Tuesday (Dec 24) over a Bloomberg article that The Edge ...
Singapore Shares May Extend Monday’s Gains
The Singapore stock market on Monday ended the four-day losing streak in which it had dropped almost 100 points or 2.8 percent. The ...
Singapore Banks’ Capital Equity Tier 1 Ratios Climb Due To Basel III Reforms
Singapore banks posted substantial increases in their capital equity Tier 1 ratios as the final Basel III reforms came into effect. Read more here.
Singapore Pulls Ahead of Hong Kong in Race to Be Crypto Hub
Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction.
Singapore’s Bolttech Raises Over $100 Million to Reach $2.1 Billion Valuation
Insurance technology company bolttech, headquartered in Singapore, has announced raising over $100 million in its Series C funding round. Led by Dragon Fund, Mitsubishi UFJ Financial Group, and ...
Bloomberg issued correction directions over article on S’pore property deals
Bloomberg has been issued correction directions under Singapore’s fake news law following a recent article on good class bungalow (GCB) transactions in the island state. The Edge Singapore, The ... ( read original story ...)
4,000 OCBC employees in Singapore to get $1K each; S$7.5M one-off payment in total for junior employees to cope with cost of living
SINGAPORE: The Overseas Chinese Banking Corporation (OCBC), one of the biggest financial institutions in Singapore and Malaysia, announced on Monday (Dec 23) that it would be giving its junior ...