Singapore's DBS Group DBSM.SI said on Monday it had completed its takeover of distressed Lakshmi Vilas Bank, helping it shift from a largely digital presence in India to having hundreds of branches. ( read original story ...)
Singapore’s DBS completes LVB takeover, big boost to India operations
It is a major step forward for DBS Bank India, which will now take over all the branches of LVB — a move that will help it to expand its footprint in India. Earlier, DBS Bank India mostly had a ... ( read original story ...)
LVB customers to get same deposit rates till further notice, says DBS
All Lakshmi Vilas Bank customers will continue to get interest rates on savings bank accounts and fixed deposits as offered by the erstwhile LVB till further notice, DBS said in a ... ( read original story ...)
Commodity-finance industry in Singapore gets code of best practices
This comes after the city-state's reputation as a trusted hub for this lending segment has taken a hit of late.. Read more at straitstimes.com. ( read original story ...)
Singapore’s third-largest bank appears to be building a crypto custody solution
Crypto Security Administrator” to get expert advice on how to design a secure solution for “managing crypto keys” ... ( read original story ...)
‘Let us help you do it all,’ OCBC tells young Singaporeans
The campaign comes as OCBC's data showed that 59% of young Singaporeans are prioritising their now over their future. ( read original story ...)
Ant IPO is said to face slim chances of getting done next year
The chances that Jack Ma’s Ant Group Co. will be able to revive its massive stock listing next year are looking increasingly slim as China overhauls rules governing the fintech industry, according to ... ( read original story ...)
Tech Stocks Slowly Gaining Prominence in Singapore’s Market
(Bloomberg) -- Technology stocks, the lack of which has made Singapore one of Asia’s worst markets this year, are slowly starting to win more clout in the city-state. Load Error The Southeast Asian ... ( read original story ...)
Made Money On A China IPO? Be Careful About What Happens Next
The Singapore native and former venture capitalist is currently ... series C that want to list to hire a CFO to help the business look attractive during an IPO process, he said. “Fundraising is such ... ( read original story ...)
Stamp duty for Rental Units in Singapore: A Complete Guide
This stamp duty is paid to the Inland Revenue Authority of Singapore (IRAS). The tenancy agreement will ... Stamp duties can be done via FAST (for DBS/ POSB Accounts), AXS Kiosk machines, eNETS, bank ... ( read original story ...)
Finance minister leaves for Singapore for treatment
Finance Minister AHM Mustafa Kamal has left Dhaka for Singapore tonight for follow-up treatment. The information was provided in a press release from the Ministry of Finance. It said, "Finance ... ( read original story ...)
Bank manager makes good use of volunteering leave days
One of Ms Celes Kweng's most memorable volunteering experiences was working with Willing Hearts Soup Kitchen.. Read more at straitstimes.com. ( read original story ...)
Donating unused leave to charity not common practice, but employees surveyed supportive of idea
Experts said having such schemes may make a firm more appealing for job seekers.. Read more at straitstimes.com. ( read original story ...)
Is the customer or bank responsible for fraudulent transactions in Singapore?
Can the Singapore police help you to recover funds transferred to an overseas bank?. Read more at straitstimes.com. ( read original story ...)
UOB and Vietnam government agency secure more than $3 billion foreign direct investment
UOB has secured more than S$3 billion of foreign direct investment into Vietnam in alliance with Vietnam's Foreign Investment Agency (FIA) and is facilitating an additional pipeline of more than S$1.5 ... ( read original story ...)
Singapore: Industrial sector looks firm into year-end – UOB
Economist at UOB Group Barnabas Gan reviews the latest Industrial Production figures in Singapore. Key Quotes “Singapore’s industrial production disappointed market estimates ... ( read original story ...)