Global payments Fintech Adyen acquires approval from MAS to perform merchant acquistion services in Singapore. ( read original story ...)
Finance sector to create 6,500 jobs in 2021
Approximately 6,000 of these new jobs will be permanent positions. Financial institutions in Singapore are expected to create 6,500 jobs for 2021. This is according to Monetary Authority of Singapore ... ( read original story ...)
10 active Covid-19 clusters in Singapore: New case on Wednesday links to earlier cases at Pasir Panjang Terminal
SINGAPORE - The sole Covid-19 community case reported on Wednesday (May 5) was linked to three earlier cases at Pasir Panjang Terminal, forming a new cluster.Singapore now has 10 active Covid-19 ... ( read original story ...)
Singapore lender UOB’s Q1 profit jumps 18% on lower impairment charges
United Overseas Bank UOBH.SI, Singapore's smallest listed lender, reported an 18% rise in first-quarter net profit on Thursday, supported by strong fee income growth and a decline in impairment ... ( read original story ...)
INS Airavat sets sail for India from Singapore with COVID emergency relief material
The shipment also consists of 8 ISO Cryogenic Oxygen tanks which are a part of separate commercial agreements between Tata Group, ITC and Linde Gas Ltd ... ( read original story ...)
Singapore gets into gear for return of phase 2 Covid-19 curbs
Businesses rush to adjust, while some firms send staff home before stricter rules kick in.. Read more at straitstimes.com. ( read original story ...)
Former CFO of Singapore Supplier Coastal Oil Receives Nine-Year Prison Sentence
Ong Ah Huat pleaded guilty to 15 charges related to using forged documents to accessing about $320 million in loans. ( read original story ...)
Food centres in Chinatown, Clementi among places visited by COVID-19 cases during infectious period
SINGAPORE: Chinatown Complex Food Centre and Clementi 448 Market and Food Centre were on Wednesday (May 5) added to a list of public places visited by COVID-19 community cases during their infectious ... ( read original story ...)
Singapore gets into gear for return of phase 2 curbs
SINGAPORE - Singapore is gearing up for a temporary disruption to its re-opening plans, as it raises its defences against the coronavirus following the worst spate of Covid-19 community infections in ... ( read original story ...)
Singapore’s UOB Asset China funds advised by Ping An unit cross S$1 billion mark
Singapore’s UOB Asset Management says its two China funds advised by a unit of Ping An Insurance (Group) Co of China have crossed the S$1 billion (US$750 million) assets under management mark, ... ( read original story ...)
Singapore searches for next prime minister: 3 names to know
But Heng -- the finance minister, deputy prime minister and leader of the city-state's "fourth generation" team of politicians -- suddenly announced that he was taking himself out of the running. This ... ( read original story ...)
SMEs saw broad-based recovery in Q1, led by healthcare, transport firms: OCBC index
But challenges remain for a sustained recovery with the constraints on foreign labour supply and restrictions on travel.. Read more at straitstimes.com. ( read original story ...)
Singapore SMEs performance and health have improved beyond pre-‘circuit-breaker’ levels: OCBC
LOCAL small and medium-sized enterprises' business performance and health have recovered, and improved beyond pre-"circuit-breaker" levels in Q1 this year. Read more at The Business Times. ( read original story ...)
DBS shares could cross S$33 in the next 12 months, analysts say
OCBC analysts increased its fair value estimate on the stock to S$33 from S$29.50 previously Maybank, the most bullish of the lot, lifted its target price to S$33.71 from S$29.64 CIMB reiterated an ... ( read original story ...)
DBS performance to stay strong: report
Jefferies Equity research says the bank will continue to grow past its $2b net income from the first quarter. ( read original story ...)
Singapore’s SCI Ecommerce Notches $38 Million Amid IPO Plans
SCI Ecommerce, headquartered in Singapore, raised $37 million as part of a growth funding round led by Asia Partners. ( read original story ...)