Ahead of the Good Friday holiday, the Singapore stock market had bounce higher again - one day after snapping the two-day winning streak in which it had advanced more than 180 points or 7.5 percent. ( read original story ...)
Singapore Bourse May Test Resistance At 2,600 Points
Ahead of the Good Friday holiday, the Singapore stock market had bounce higher again - one day after snapping the two-day winning streak in which it had advanced more than 180 points or 7.5 percent. ( read original story ...)
MOF warns of Solidarity Payment scammers pretending to be government officials
SINGAPORE - Scammers are pretending to be Ministry of Finance (MOF) or Government officials to trick the public into disclosing their bank account details to purportedly register for the Solidarity ... ( read original story ...)
Singapore to Ease Banks’ Capital Buffer Rules Amid Virus Outbreak
noted that a pick-up in Singapore bank loans in February was largely driven by business loans, while consumer loans shrank for the 10th straight month. On Tuesday, the MAS said it did not see a need ... ( read original story ...)
DBS revises India’s GDP estimate to 1.5% for FY21
Singapore's banking group DBS on Thursday revised the country's GDP estimate to 1.5 percent for the current fiscal amid the current lockdown due to COVID-19. This comes a day after American brokerage ... ( read original story ...)
Moody’s places Hero FinCorp, IIF under review, muthoot finance outlook to negative
The Indian NBFC industry has been affected given disruptions to economic activity from the coronavirus outbreak ... ( read original story ...)
Bank of Singapore hires head of bespoke investments for GC
Bank of Singapore has appointed Kelvin Teo as head of bespoke investments for Greater China and North Asia. As part of the bank’s ultra-high net worth (UNHW) bespoke investments team, Teo will help ... ( read original story ...)
Fitbit’s Singapore Contract Looks Like a Big Deal for FIT Stock
The deal with Singapore has renewed my faith that Fitbit's devices will be appealing to insurers and employers. Moreover, the valuation of FIT stock, which has a market cap of less than $800 million, ... ( read original story ...)
UOB expands footprint in Vietnam with opening of Hanoi branch
SINGAPORE (Aug 22): United Overseas Bank (Vietnam) officially opened its branch in Hanoi on Thursday, its first beyond Ho Chi Minh City. The expansion comes a year after the incorporation of UOB ... ( read original story ...)
HSBC Weighs Bid for Aviva’s Asian Assets in Diversity Push
A deal would help HSBC bolster its insurance presence in Singapore and other parts of Southeast Asia, the people said. Aviva, the U.K. insurance conglomerate whose shares have dropped 27% in the last ... ( read original story ...)
Singapore’s Evolving Digital Banking Industry: What Digital Banking Licenses Mean For The Country
Singapore has a mature banking sector, like most of the developed countries in the world. Technological advancements have been disrupting many industries, and the banking industry is not exempt from ... ( read original story ...)
DBS Bank to enter India’s credit card market in 2020
Southeast Asia's biggest bank DBS Group Holdings (DBSM.SI) is preparing to enter the local credit card market in India in 2020, a senior company executive said on Tuesday. The Singapore-based lender's ... ( read original story ...)
OCBC In Talks With Singtel on Singapore Virtual Bank License
Oversea-Chinese Banking Corp. is in talks with companies including Singapore Telecommunications Ltd. about seeking one of the city-state’s planned virtual bank licenses, according to people familiar ... ( read original story ...)
OCBC in talks with Singtel about virtual bank licence, say sources
SINGAPORE (Aug 21): Oversea-Chinese Banking Corp (OCBC) is in talks with companies including Singapore Telecommunications about seeking one of the city-state's planned virtual bank licenses, according ... ( read original story ...)
OCBC In Talks With Singtel About Singapore Virtual Bank License
Oversea-Chinese Banking Corp. is in talks with companies including Singapore Telecommunications Ltd. about seeking one of the city-state’s planned virtual bank licenses, according to people familiar ... ( read original story ...)
UOB Launches ‘The Unlimited’ Campaign for Inclusive Hiring Initiative
United Overseas Bank (UOB) is helping to enable more inclusive hiring practices by forming a collaboration among the public, private and people sectors in Singapore. Under the new initiative, ‘The ... ( read original story ...)