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Tag: banking

Posted on 02/12/2025

Singapore Bank OCBC’s shares hit record as wealth unit shines

OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Read more at The Business Times.

Posted on 02/12/2025

OCBC Plans WeChat Pay QR Support in China as Cross-Border Usage Rises

OCBC will add WeChat Pay QR support in China next year, reflecting rising overseas mobile payment activity among its Singapore users.

Posted on 02/12/2025

‘Domestic construction boom’ to cushion S’pore’s trade-related GDP slowdown in 2026: DBS

Singapore’s construction sector, the largest domestic segment, will be a “bright standout” in 2026 and over the coming years, says DBS Group Research.

Posted on 02/12/2025

Bukit Sembawang Estates is a ‘potential dividend powerhouse’: DBS

[SINGAPORE] Bukit Sembawang Estates : B61 -1.2% has been identified as a “potential dividend powerhouse” by DBS Group Research, which sees the possibility of a special dividend of up to S$1 per share ...

Posted on 02/12/2025

UOB prices £750 million floating rate covered bonds due 2029

[SINGAPORE] UOB announced on Tuesday (Dec 2) that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029. The issue date of the covered bonds is expected to be Dec 8, ...

Posted on 02/12/2025

DBS, OCBC and others owed $306m by S’pore car-sharing service Shariot and related firms

The 18 linked companies made an application to the High Court to halt creditor actions. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/12/2025

Standard Chartered S’pore Latest FD promo rates offers up to 1.25% p.a. 6-Month tenor from 1 Dec 2025

From 1 Dec 2025, eligible customers can earn up to 1.25% per annum on fresh funds placed into this promotional six-month Singapore Dollar Time Deposit. This round, the rates have increased by up to ...

Posted on 01/12/2025

OCBC app users will be able to scan WeChat Pay QR codes to pay merchants in China

It builds on the app’s existing ability to scan and pay through Alipay+ and UnionPay merchant QR codes. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/12/2025

OCBC customers can make payments via WeChat Pay QR codes in mainland China from 1Q2026

Payments will be debited directly from customers’ OCBC Singapore accounts. OCBC customers can already send money directly in mainland China using the pay-to-wallet feature for WeChat Pay and Alipay+.

Posted on 01/12/2025

Ripple Labs gets nod to expand payment activities in Singapore

Ripple Labs has received approval from Singapore’s central bank to expand its payment activities in the region, amid a broader push to grow its business and institutional-focused offerings through ...

Posted on 01/12/2025

Standard Chartered S’pore e$aver promo earn up to 1.65% p.a. for fresh funds till 31 Jan 2026

During this period, eligible customers can enjoy attractive interest rates ranging from 1.25% to 1.65% p.a. on incremental fresh funds (measured against the Nov 2025 average daily balance ), with no ...

Posted on 01/12/2025

OCBC to add Weixin Pay to mobile banking app QR codes

Lender OCBC will become the first Singapore bank to enable customers to scan and pay all merchant QRs in mainland China through its Singapore mobile banking app – a capability that, it says, stems ...

Posted on 01/12/2025

Industrial developer Soon Hock likely to benefit from S$1 billion earnings pipeline: UOB KayHian

UOB also expects attractive dividend yields of 5.5 per cent and 10 per cent for 2025, 2026 Read more at The Business Times.

Posted on 01/12/2025

XRP News: Ripple Broadens Payment Offerings in Singapore with MPI License Expansion

In major XRP news today, crypto payment infrastructure giant Ripple on Monday said it has received approval from the Monetary Authority of Singapore (MAS) to expand its payment offerings. It boosts ...

Posted on 01/12/2025

Backing start-ups crucial for Singapore’s innovation push, despite higher risks: HSBC chief

Start-ups are critical to the growth of economies including Singapore's, said Mr Georges Elhedery. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 01/12/2025

DBS finds Bukit Sembawang to be a ‘potential dividend powerhouse’ in un-rated report

DBS Group Research (DBS) analysts Tabitha Foo and Derek Tan see one of Singapore’s longest-standing residential developers, Bukit Sembawang Estates, as a “potential dividend powerhouse”.

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  • ‘Domestic construction boom’ to cushion S’pore’s trade-related GDP slowdown in 2026: DBS 02/12/2025
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