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Tag: banking

Posted on 24/02/2021

‘The trough has been reached,’ Singapore’s OCBC Bank says after earnings release

Samuel Tsien, group chief executive of OCBC, discusses the bank's latest financial results. The second-largest bank in Singapore reported a 9% year-on-year decline in fourth-quarter profit. ( read original story ...)

Posted on 24/02/2021

Spectators to be allowed at Singapore Tennis Open, with COVID-19 test and cap on capacity

SINGAPORE: Spectators will now be allowed at the Singapore Tennis Open - for the semi-finals and finals on Feb 27 and 28 - with the venue capacity ... ( read original story ...)

Posted on 24/02/2021

Singapore Says Its Banks Don’t Hold ‘Significant Funds’ From Myanmar

Reports that Myanmar has foreign reserves deposited in the city state prompted online calls for any such assets to be frozen and kept out of the military regime’s hands. ( read original story ...)

Posted on 24/02/2021

Agricultural Bank of China prints dual-currency deal

Agricultural Bank of China, rated A1/A/A, has printed a nearly US$1bn-equivalent dual-currency, three-tranche Reg S notes offering denominated in US dollars and Hong Kong dollars. Through its ... ( read original story ...)

Posted on 24/02/2021

Singapore bank OCBC flags recovery signs after fourth-quarter profit decline

Singapore's second-biggest listed-lender, Oversea-Chinese Banking Corp, reported a 9% decline in quarterly profit, dragged down by lower total income in pandemic-hit markets, but showed growth in its ... ( read original story ...)

Posted on 24/02/2021

OCBC flags recovery signs after Q4 profit decline

SINGAPORE: Singapore's second-biggest listed-lender, Oversea-Chinese Banking Corp (OCBC), reported a 9 per cent decline in quarterly profit, ... ( read original story ...)

Posted on 24/02/2021

DBS launches organic cotton procurement financing programme with Zara owner

SINGAPORE- DBS Bank has partnered Zara owner Inditex to launch a pilot organic cotton procurement financing programme which will disburse payment to over 2,000 farmers in India.. Read more at ... ( read original story ...)

Posted on 24/02/2021

Traveloka’s Staycation Packages Include Breakfast & Dining Credits To Squeeze Your Unused SRVs Dry

Book your hotel rooms through Traveloka for exclusive staycation packages and deals. Plus, you can even get an additional $10 off! ( read original story ...)

Posted on 24/02/2021

50% off selected Paradise Group dishes from Mar. 1 – Apr. 29 for members & Citibank cardholders

Paradise Group is offering a 50 per cent discount on selected food items for Paradise Group members, as well as Citibank credit and debit cardholders. The promotion period starts from March 1 to April ... ( read original story ...)

Posted on 24/02/2021

Michael Borts Joins Trascent as Managing Director, APAC

With extensive experience in business and technology transformation consulting, Borts to lead firm's Asia Pacific division & develop new tech consulting practice SOMERVILLE, N.J., Feb. ( read original story ...)

Posted on 24/02/2021

Shantanu Mitra to rejoin Temasek-backed Fullerton India as CEO

Rajashree Nambiar stepped down as MD & CEO in January 2021 after a three-year stint to pursue outside interests ... ( read original story ...)

Posted on 23/02/2021

With IPO in sight, investors see Zomato feeding many more mouths

Existing investors such as Tiger and Kora will certainly hope that public market investors see the rising graph of Zomato’s valuations and give it a valuation of over $7 billion in its planned IPO lat ... ( read original story ...)

Posted on 23/02/2021

Singapore’s central bank says no ‘significant funds’ from Myanmar firms, citizens in city state

The Monetary Authority of Singapore’s response came as the government faced renewed pressure over Myanmar’s foreign reserves purportedly deposited in the city state. ( read original story ...)

Posted on 23/02/2021

No significant funds from Myanmar companies and individuals found in Singapore banks: MAS

SINGAPORE: The Monetary Authority of Singapore (MAS) said on Tuesday (Feb 23) that its regular surveillance of the banking system has not found ... ( read original story ...)

Posted on 23/02/2021

GP Global collapse: Oil trader moves to block minority creditor action

Scandal-hit oil trader GP Global, which is currently undergoing restructuring, is seeking court intervention to stop creditors in Singapore “stealing a march” on banks that are owed millions of ... ( read original story ...)

Posted on 23/02/2021

Floorball: Singapore to host the Women’s World Championship in 2023

Women's World Floorball Championship (WFC) will return to Singapore in 2023, nearly two decades after the Republic last hosted the event in 2005. The upcoming event will see entries from 16 countries ... ( read original story ...)

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