Maid jailed for stealing $9,400 from employer

Lifi Nurfitriyah, 26, admitted to six counts of theft of the POSB ATM card and money from her employer, Madam Or Suay Muay, 72, in June 2016. A district court heard that on July 4, 2016, Madam Or found that $9,400 had been withdrawn from her bank account ... ( read original story ...)

RHB Bank rolls out chatbot for loan applications

In January 2017, DBS Bank in Singapore had also rolled out a chatbot-based virtual assistant that lets POSB Bank customers enquire about account balances, foreign exchange rates and branch locations via Facebook Messenger. POSB was acquired by DBS in 1998. ( read original story ...)

Singapore’s DBS reaches distribution deal with Chubb

SINGAPORE -- DBS Group Holdings has entered into a 15-year distribution partnership agreement with New York-listed insurance company Chubb for its markets in Singapore, Hong Kong, Taiwan, Indonesia and China. The Singapore bank said on Thursday that it ... ( read original story ...)

Chubb Inks Multi-Year Distribution Deal With Asia’s DBS Bank

Five Asia markets are covered by the agreement: Singapore, Hong Kong, Taiwan ... Chubb is touting the deal as a big one, because DBS has nearly 7 million customers in six countries, a figure that includes more than 3 million internet and 2 million mobile ... ( read original story ...)

Bank of Singapore eyes Luxembourg base

SINGAPORE: Singapore’s second-largest bank, Oversea-Chinese Banking Corporation, is considering setting up a new subsidiary in Luxembourg. OCBC’s private banking arm, Bank of Singapore, which runs its European business from London, is understood to be ... ( read original story ...)

Singapore’s United Overseas Bank licensed

Deputy chief inspector of the State Bank of Vietnam Pham Huyen Anh on Tuesday granted business licence to the Singapore’s United Overseas Bank Limited (UOB). Anh said that he expected the 100-per cent foreign owned bank in Viet Nam would contribute ... ( read original story ...)

Ultimate Guide to Saving More Money While Shopping in Qoo10

UOB cardholders can opt for payment plans over 3 ... Check if the sellers have physical stores in Singapore and save on some shipping costs. Shopping on Qoo10 requires a bit of getting used to and a little bit of maths. Click around and double-check ... ( read original story ...)

Will Fintech break the dominance of local banks in Singapore?

Singapore is a flourishing financial centre, the third largest in Asia, and a thriving hub for Fintech development. However, the global economic environment is changing, and Singapore must adapt accordingly. According to Moody’s Investors Service, the ... ( read original story ...)

Travel deals and steals (Sep 28 to Oct 5)

Chan Brothers will organise a sale from Friday to Sunday to celebrate its win of the Best Travel Agency Singapore accolade at the TTG Travel ... Jetstar’s promotional fares for UOB cardholders UOB cardholders can now enjoy promotional fares to 26 ... ( read original story ...)

S’pore posts flat population growth; lowest in over 10 years

SINGAPORE — Amid fewer citizen births and a drop in non-resident ... many foreign construction workers have returned to their countries. UOB economist Francis Tan added: “Both public and private projects are also (slowing) down, so if you are in ... ( read original story ...)