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UOB CEO Wee Ee Cheong’s FY2025 pay down 20% at S$12 million, in line with profit drop
It is primarily made up of S$1.4 million in base salary and S$10.6 million in bonuses Read more at The Business Times.
UOB’s sustainable financing up 21% to S$70.1 billion
SMEs drive the increase with S$7.8 billion extended in loans to help them accelerate sustainable business practices Read more at The Business Times.
Crypto.com cuts 12% of staff as it accelerates AI push
Singapore-headquartered cryptocurrency exchange Crypto.com is set to cut up to 12% of its workforce due to company-wide artificial intelligence (AI) integrations, joining a growing list of companies ...
Singapore Bank Earnings: Rising Above the Rate Cycle
As the “higher-for-longer” interest rate environment of the past few years began to plateau in 2025, Singapore’s banking giants faced a critical test of their business models. The shift toward lower ...
Singapore, Japan ‘strategically aligned’ for a stronger partnership: PM Wong
TOKYO – Singapore and Japan are strategically aligned, with similar views on the importance of free and open trade, as well as international cooperation. Both also have a shared interest in new areas ...
UOB banks on stable renminbi as it plans 5 billion yuan Panda bond
SINGAPORE] UOB said on Thursday (Mar 19) it plans to issue five billion yuan (S$933.6 million) of 2026 renminbi bonds (Series 1) in China’s interbank bond market, marking its latest fundraising in the ...
Singapore-based Crypto.com lays off 12% of staff, third cut in four years
Crypto.com, a Singapore-based cryptocurrency exchange, has laid off 12% of its global workforce as part of a strategic restructuring. Read more at straitstimes.com. Read more at straitstimes.com.
UOB issues RMB 5 billion 3-year Panda bond at one of the lowest coupon for an international issuer
UOB has successfully priced an RMB 5.0 billion three-year bond at 1.83 per cent. UOB was the first Singaporean issuer and only Singaporean bank in the Panda bond market. This is the Bank's third Panda ...
Singapore – Client Update – United Overseas Bank Ltd V Xu Yuanchen And Another [2026] SGHCR 5.
Singapore - Client Update - United Overseas Bank Ltd V Xu Yuanchen And Another [2026] SGHCR 5. Legal News and Analysis - Singapore - Dispute Resolution - Commercial Litigation - Conventus Law ...
DBS, POSB digital banking services restored after one-hour disruption during lunchtime
Some DBS and POSB customers could not use the banks’ digital banking services to pay for food for about an hour on March 19.
DBS digital services hit by outage, bank says ‘deposits remain safe’
The bank added that DBS and POSB cards could still make payments, while customers could check their account balances at automated teller machines (ATMs) and the digiBot service. Cash withdrawals were ...
Singapore’s DBS says customers facing difficulties accessing digital services
Singapore's DBS Bank said on Thursday that its customers have been facing difficulties accessing some of the lender's digital services, but said their accounts were secure.
Singapore’s DBS says digital services back to normal after outage
SINGAPORE, March 19 (Reuters) - Singapore's DBS Bank said on Thursday that its digital services have returned to normal as of 1:19 p.m. (0519 GMT) after customers had problems gaining access from ...
Singapore PM warns prolonged Hormuz blockade could trigger global economic shock
Singapore Prime Minister Lawrence Wong has warned that a prolonged blockage of the Strait of Hormuz will have a far-reaching impact on the global ...
DBS users affected by outage, Downdetector reports spike
[SINGAPORE] Users of DBS services were hit by an outage on Thursday (Mar 19), with website, banking app and PayLah app at least partially affected. The first Downdetector report was submitted at 11.49 ...