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Tag: banking

Posted on 08/09/2021

New disclosure standards for Singapore retail ESG funds due early 2022: MAS

The Monetary Authority of Singapore (MAS) will set out early next year its regulatory expectations on the disclosure standards that retail funds in Singapore with an ESG investment objective must meet ... ( read original story ...)

Posted on 08/09/2021

‘Gradual recovery’ for Singpost as mail flies again: OCBC

OCBC Investment Research analyst Chu Peng sees a gradual recovery ahead for Singapore Post, following a proposed sale of a non-core asset and a resumption of its international post and parcel business ... ( read original story ...)

Posted on 08/09/2021

Singapore’s top lender picks Chinese stocks for ‘bottom fishers’

Chinese stocks in Hong Kong across a variety of sectors have taken a big beating in 2021 as regulatory fears continue to cloud the outlook. ( read original story ...)

Posted on 08/09/2021

Stock Market Today: SGX Nifty rises 48 points; Asian markets off to mixed start; US stocks end mostly lower

Hong Kong stocks opened slightly higher Wednesday morning, though gains were tempered by a weak lead from Wall Street and profit-taking following a recent rally. The Hang Seng Index ticked up 0.16 ... ( read original story ...)

Posted on 08/09/2021

Standard Chartered Seeks Digital Banking Permit in Singapore

The U.K.’s Standard Chartered bank is embarking on a joint venture deal with Singapore’s National Trades Union Congress (NTUC) to launch a digital-only bank. As Reuters reported on Monday (Sept. 6), ... ( read original story ...)

Posted on 08/09/2021

Singapore records most COVID-19 infections in more than one year

Singapore’s health ministry recorded 328 new domestic coronavirus cases on Tuesday, the highest daily number of new infections in more than a year. ( read original story ...)

Posted on 07/09/2021

COVID-19: Singapore reports most cases in more than 1 year

WILL reimpose curbs if the number of severe cases rises sharply, official says SINGAPORE: Singapore’s health ministry recorded 328 new domestic coronavirus cases on Tuesday, the highest daily number ... ( read original story ...)

Posted on 07/09/2021

Digital Banking Platform to be Launched by Standard Chartered and Singapore’s NTUC

New dgital banking platform to be launched by Standard Chartered and Singapore-based NTUC. Not many details available at this time. ( read original story ...)

Posted on 07/09/2021

The Future of Electric Vehicles Makes Inroads in Singapore

According to the Union of Concerned Scientists USA (UCSUSA) personal vehicles are a major cause of global warming. Collectively, cars and trucks account for nearly one-fifth of all US emissions, ... ( read original story ...)

Posted on 07/09/2021

Standard Chartered is launching a digital-only bank in Singapore

Standard Chartered entered a new joint venture with Singapores National Trades Union Congress (NTUC) to open a digital-only bank in the country. As of this time, the partners have yet to name their ... ( read original story ...)

Posted on 07/09/2021

Standard Chartered eyes digital bank market with Singapore joint venture

StanChart inks agreement with NTUC Enterprise to set up a joint venture offering digital banking services, making Singapore the second Asian market after Hong Kong it plans to offer such services. ( read original story ...)

Posted on 07/09/2021

Standard Chartered, NTUC’s BetaPlus for JV to launch Singapore digital-only bank

They will contribute S$144m and S$96m, respectively, in the joint venture. Standard Chartered Bank’s wholly-owned subsidiary, SCBSL, and BetaPlus, a holding company controlled by NTUC Enterprise, have ... ( read original story ...)

Posted on 07/09/2021

UOB Kay Hian lowers FY2021 earnings forecast for Food Empire Holdings on lower gross margin forecast

UOB Kay Hian analysts John Cheong and Clement Ho have kept “buy” on Food Empire Holdings with an unchanged target price of $1.30. ( read original story ...)

Posted on 07/09/2021

Singapore has deployed robots to patrol public areas

Singapore is known for having stringent laws and for having surveillance cameras all over the city-state. In the future, it may also deploy robots to keep an eye out for rule breakers — in fact ... ( read original story ...)

Posted on 07/09/2021

Monetary Authority of Singapore appoints Darian McBain as chief sustainability officer

The Monetary Authority of Singapore, Singapore's central bank and regulator, has appointed Darian McBain as its first chief sustainability officer. ( read original story ...)

Posted on 07/09/2021

Atome launches loyalty rewards programme Atome+ in Singapore

Atome, Asia's leading buy now pay later platform, has launched Atome+, its in-app loyalty rewards programme in Singapore. ( read original story ...)

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