SINGAPORE - UOB will make a one-off payment to junior employees to help them cope with day-to-day expenses, joining its local peer OCBC Bank in doing so.
OCBC support junior staff with cost-of-living payment
OCBC Group will give a second one-off payment totalling S$7.5m (USD$5.5m) to assist nearly 11,000 junior employees globally in managing rising living costs. The initiative, which is set to be ...
OCBC, UOB to give junior employees one-off bonus to help with cost-of-living expenses
SINGAPORE: For a second year running, Singapore banks OCBC and UOB will give one-off payments to their junior employees to help alleviate cost-of-living pressures, the two banks said on Monday (Dec 23 ...
SingPost sackings: ‘Unprecedented’ for a Singapore firm to fire 3 top executives, shows severity of issue, say experts
Replacing the three executives would be challenging for SingPost given the nature of their roles and the postal industry, corporate governance experts say.
Singapore invokes fake news law against Bloomberg, 3 others over bungalow sales article
The law ministry says the false statements in the Bloomberg article ‘attack the transparency of property transactions in Singapore’.
OCBC and UOB junior staff to receive one-off payments for cost-of-living pressures
A total of about 4,000 junior employees across OCBC Group in Singapore will be receiving a S$1,000 payout each to help them cope with cost-of-living concerns Read more at straitstimes.com.
OCBC, UOB to pay out second cost-of-living bonuses for junior staff
FOR the second year in a row, OCBC and UOB will each be giving out a one-off payment to its junior employees to help them cope with ongoing cost-of-living pressures. Read more at The Business Times.
While stricter curbs might be politically unpalatable, ensuring public housing remains accessible and affordable is a bigger concern
While stricter curbs might be politically unpalatable, ensuring public housing remains accessible and affordable is a bigger concern.
Corrections regarding false statements of fact by Bloomberg L.P., The Edge Singapore, The Independent Singapore, and The Online Citizen
There are no publicly available government records of GCB sale transactions if caveats are not lodged. ( read original story ...)
OCBC lowers fair value for SingPost following termination of CEO, CFO
Ada Lim of OCBC Investment Research has lowered her fair value for SingPost from 58 cents to 54 cents after the company fired three of its top executives for mishandling a whistle-blowing case. Group ...
DBS likes CDLHT’s strategy of expanding longer-stay lodging exposure with Liverpool PBSA acquisition
The team at DBS notes that the deal price of GBP40.6 million translates to a price per bed of GBP92,000, below both the asset’s last valuation by about 5.4% and replacement cost of around 18%.
5 Stories That Shaped Singapore’s Fintech Scene in 2024
Singapore continued to solidify its position as a global fintech leader. The year saw nearly universal adoption of cashless payments and milestones in cross-border payment linkage initiatives. New ...
Singapore core inflation extends decline to 1.9% in November
SINGAPORE - Singapore’s core inflation continued on its decline in November to a three-year low on the back of easing food and services costs. Core inflation, which strips out private transport and ...
Singapore employers face talent crisis; 66% fear skill shortage, 38% battle for top talent in 2025
Skills in emerging technologies, AI, cybersecurity, software engineering, and digital transformation has become crucial ...
Singapore’s TalkMed Group gets privatisation offer for $447 million valuation
Singapore's TalkMed Group has received a privatisation offer from TW Troy valuing it at S$606.1 million ($447.24 million), the oncology service provider said on Monday. The offer comes as Southeast As ...
Singapore Nov core inflation at 1.9% y/y, lowest in almost 3 years
Singapore's key consumer price gauge rose 1.9% in November on a yearly basis, lower than economists' forecasts and the smallest rise in three years, official data showed on Monday. The core inflation rate - which excludes private road transport and accommodation costs - was lower than the 2.