Currently, most insurance claims are paid through cheques which account for about 10% of corporate cheques issued by DBS in Singapore. Through such companies making such changes to their payments processes, the bank foresees a 30% reduction in corporate ... ( read original story ...)
Music After 7s: The unmissable HSBC Singapore Rugby Sevens after-party
Ruck and roll at Music After 7s – the not-to-be-missed after-party for the 2018 HSBC Singapore Rugby Sevens Eat, drink, and be merry at Music After 7s – the ultimate after-party for the 2018 HSBC Singapore Rugby Sevens. Psst... this party is free! ( read original story ...)
DBS launches online remittance service for non-customers
"SmartSend mirrors the ease of use and convenience that DBS customers currently enjoy with DBS Remit, which allows them to transfer money online anytime, anywhere via DBS/POSB digibank," it said in an announcement. SmartSend enables customers to make same ... ( read original story ...)
Athletics: Standard Chartered Singapore Marathon shakes up line-up of offerings
SINGAPORE - A slew of changes were announced for this year's Standard Chartered Singapore Marathon (SCSM) on Saturday morning (April 14). Among them are the re-introduction of the 5km category, spreading the SCSM's various races over two days instead of ... ( read original story ...)
Renewed Support Tipped For Singapore Stock Market
The Singapore stock market on Thursday halted the five-day winning streak in which it had climbed more than 140 points or 4.1 percent. The Straits Times index now rests just beneath the 3,470-point plateau although it's expected to rebound on Friday. ( read original story ...)
Can CapitaLand Mall Trust Outperform the Singapore Stock Market?
CapitaLand Mall Trust (SGX: C38U) is Singapore’s first and largest retail real estate investment trust (REIT). Some of the malls in its portfolio include Tampines Mall, Junction 8, and Plaza Singapura. In 2017, the REIT under-performed both the FTSE ST ... ( read original story ...)
Singapore Weary Of Forcing Open Banking On FinServ Market
Singapore is ready for open banking, but regulators don’t want to force it on the financial services market, according to reports in Bloomberg. The publication said this week that the Monetary Authority of Singapore (MAS) prefers a more “organic ... ( read original story ...)
Singapore Turns India’s Nifty Into a Giraffe
Singapore Exchange Ltd. has announced a new product that an excited hedge-fund manager described to me as the "most brilliant use of finance." That's an exaggeration, of course, though with a large grain of truth. SGX will launch three derivative products ... ( read original story ...)
CLARKE QUAY, THE EPICENTRE FOR 2018 HSBC SINGAPORE RUGBY SEVENS
Singapore, 26 March 2018 – In the lead up to the highly anticipated 2018 HSBC Singapore Rugby Sevens, Clarke Quay is proud to host the “Singapore Rugby Carnival” and “Music After 7s 2018”. SINGAPORE RUGBY CARNIVAL BY THE QUAY (14 & 15 APRIL 2018 ... ( read original story ...)
OCBC prices 500m euro bonds due 2025 at 0.625%
SINGAPORE - OCBC Bank has priced its 500million euro notes due 2025 at a fixed rate of 0.625 per cent per annum payable annually in arrear. The notes come under the bank's US$10 billion global covered bond programme. Net proceeds from the covered bonds ... ( read original story ...)
Banks in Singapore and Hong Kong “blacklist” contractors who quit after a few days
Contracting jobs are booming in Singapore and Hong Kong banking, but think carefully before you take one. Here’s what to weigh up. https://news.efinancialcareers.com/sg-en/241344/junior-singapore-finance-jobs-with-10k-monthly-salaries/ Contract jobs in ... ( read original story ...)
Kunal Chatterjee is Visa’s new country manager for Singapore and Brunei
The 10-year Visa veteran was most recently vice-president of global client management, heading the Citibank account team. He also previously spent three-and-a-half years on the country team as head of business development for Singapore and Brunei. ( read original story ...)
Deutsche Bank in Asia: whose jobs are safe, whose aren’t?
Some people at Deutsche in Singapore and Hong Kong are feeling upbeat about the reign of new CEO Christian Sewing. Others are not. https://news.efinancialcareers.com/sg-en/223787/deutsche-bank-strategy-christian-sewing/ Private bankers at Deutsche Bank in ... ( read original story ...)
Bank of China, ICBC start offering PayNow
... the Industrial and Commercial Bank of China (ICBC) were added to the list of banks offering PayNow yesterday, making it a total of nine banks offering the peer-to-peer funds transfer service to consumers in Singapore, said the Association of Banks in ... ( read original story ...)
Deutsche Bank Replaces C.E.O. Amid Losses and Lack of Direction
He has worked at Deutsche Bank since 1989, spending time at bank offices in London, Singapore, Tokyo and Toronto. He held top positions in risk management at the bank and was its chief auditor until being named to the management board in 2015. As a German ... ( read original story ...)
World Bank’s Doing Business Report 2018: Malaysia best Singapore, UK in electricity reliability
KUALA LUMPUR: Malaysia has made it into the top 10 of the World Bank’s Doing Business Report 2018, under the topic, Getting Electricity. According to Energy, Green Technology and Water Minister, Datuk Seri Dr Maximus Ongkili, the nation is ranked eighth ... ( read original story ...)