Here are some financial tips we’ve gleaned from millennials on moving out in their 20s, to help you best weather this new stage in your life. ( read original story ...)
UOB CEO’s pay falls 8.8% to $9.8m in 2020
SINGAPORE (THE BUSINESS TIMES) - UOB chief executive officer Wee Ee Cheong earned a total salary of S$9.805 million in 2020, down 8.8 per cent from S$10.75 million in 2019, according to the bank's ... ( read original story ...)
STI falls alongside regional peers but caps strongest first quarter since 2012
SINGAPORE (THE BUSINESS TIMES ... gave the STI a strong lift for the three-month period to Mar 31. DBS, OCBC and UOB saw $1 billion of net institutional inflow in the first quarter and averaged 15.4 ... ( read original story ...)
Singapore Explores Getting in on SPACs
The Singapore Exchange started a public consultation on the publicly listed shell companies with ready pools of cash that seek to invest in—and merge with—private companies. ( read original story ...)
Bank customer satisfaction in Singapore dipped 1.7% in 2020: SMU study
Bank customers have become more price-sensitive given the economic environment.. Read more at straitstimes.com. ( read original story ...)
OCBC debuts ‘Eco-Care home and renovation loans
OCBC Bank launches Singapore’s first eco-friendly retail loans for residential property purchases and renovation. Eligible home-owners are required to pass the Building and Construction Authority’s ... ( read original story ...)
ByteDance’s India bank accounts blocked for alleged tax evasion
The government has reportedly blocked the bank accounts of Chinese tech unicorn ByteDance, which owns TikTok and Helo apps, for alleged tax evasion. ByteDance has approached the Bombay High Court to ... ( read original story ...)
Asia’s worst stock market last year is now one of the region’s top performers
Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia after losing 11.8%. Still, ... ( read original story ...)
India blocks bank accounts of TikTok’s parent company ByteDance: Report
The report cites sources claiming that India had in mid-March ordered two bank accounts of the Chinese firm in Citibank and HSBC to be blocked ... ByteDance unit in India and its parent entity in ... ( read original story ...)
Indian rupee to hit one-year low vs US dollar: Standard Chartered
The currency will drop toward 76.5 to a dollar -- about 4% weaker than current levels -- by the end of the year, said Standard Chartered ... ( read original story ...)
After Banning TikTok, India Freezes Bank Accounts of ByteDance For Alleged Tax Evasion: Report
India had in mid-March blocked two of ByteDance bank accounts in Citibank and HSBC for alleged evasion of certain taxes in online advertising dealings between the ByteDance unit in India and its ... ( read original story ...)
Funding for national movement to bridge digital gap hits $7.6m
A national movement that provides resources for grassroots projects to equip Singaporeans with digital skills and help bridge the digital divide now has $7.6 million in funding. Standard Chartered ... ( read original story ...)
Lessons in leadership from 8 inspiring women CIOs in Southeast Asia
Voranuch Dejakaisaya, CIO, Siam Commercial Bank As CIO of Siam Commercial Bank (SCB), Bangkok-based Voranuch Dejakaisaya has been fortunate to receive strong guidance from managers and peers during a ... ( read original story ...)
Question raised on sustainability versus digital exchange at DBS AGM
Combine search: "high speed rail" @author "Bhattacharjee" @category "From the Edge" Searching either words : 1MDB MAS Searching all words : “Genting Berhad” Searching Chinese phrase : “马电讯” SINGAPORE ... ( read original story ...)
Asean finance ministers agree to roll out Covid-19 vaccination widely: DPM Heng
The ministers also agreed to strengthen their digital connectivity to grow their economies.. Read more at straitstimes.com. ( read original story ...)
Singapore Banks – Sector Outlook Revised to ‘Improving’
We have revised the Singapore banking sector outlook to improving, from stable, with profitability likely to rise significantly this year. Policy countermeasures helped keep non-performing loans (NPLs ... ( read original story ...)