Users faced issues logging into their bank accounts online and on their apps, and using PayLah!. Read more at straitstimes.com.
Singapore shares climb at Friday’s open; STI up 0.2%
SINGAPORE stocks inched up at the opening bell on Friday (May 3) morning, mirroring overnight gains in the US market. Read more at The Business Times.
Singapore Savings Bond 10-year average return hits 3.33%, highest since November 2023
As recently as March, Powell said it would likely be appropriate to start cutting rates “at some point this year” — a phrase he did not repeat on May 1. See Also: Click here to stay updated with the ...
CCB Singapore Promotes eCNY and Green Finance in Partnership with Business China’s Advanced Leaders Programme 2024
Nearly 30 young business leaders from Singapore met with over 30 companies from Shenzhen and Chengdu Providing technological convenience: CCB brought Business China guests to their first eCNY ...
Singapore DBS’ digital services disrupted days after central bank ban ends
The disruptions came two days after Singapore’s financial regulator announced an end to the six-month ban on non-essential activities it had imposed on the country’s biggest bank.
Singapore: Ushering In A New Prime Minister
Veteran technocrat Lawrence Wong will become Singapore’s fourth prime minister on May 15, as Lee Hsien Loong steps down after two decades steering Southeast Asia’s most advanced economy. Wong, ...
DBS, POSB internet banking services restored after hours-long disruption
SINGAPORE: DBS and POSB internet banking and payment services were down for some users on Thursday (May 2). In a notice to users on its mobile app, DBS said: "Access to digital services is currently ...
Singapore DBS’s digital services hit days after central bank ban ends
The disruptions came two days after Singapore’s financial regulator announced an end to the six-month ban on non-essential activities it had imposed on the country’s biggest bank.
OCBC’s Indonesia subsidiary completes acquisition of PT Bank Commonwealth
In a media release on May 2, OCBC said that the acquisition was complete on May 1. OCBC Indonesia now owns 100 per cent of PTBC’s shares, making PTBC a wholly-owned subsidiary of PT Bank OCBC NISP ...
HSBC appoints Gilbert Ng as Singapore head of global banking
HSBC has appointed Gilbert Ng as its Singapore head of global banking. Ng joins the bank on May 2. Ng succeeds Priya Kini, who took on a new role early this year as head of commercial banking, ...
OCBC ‘not in the business of providing liquidity’ for Great Eastern
OCBC is “not hoarders of capital”, said Lee, despite the bank’s common equity tier-1 (CET-1) ratio standing at 15.9% for FY2023, above DBS’s 14.6% and UOB’s 13.4%. As of 1QFY2024, DBS’s CET-1 has ...
DBS, POSB internet banking services down for some users
SINGAPORE: DBS and POSB internet banking and payment services were down for some users on Thursday (May 2). In a notice to users on its mobile app, DBS said: "Access to digital services is currently ...
DBS Quarterly Results Beat Forecasts, Anticipates Another Record Year
DBS Group, Singapore’s premier banking institution, recently unveiled its first-quarter financial results, exceeding market ...
DBS/POSB digital banking services down for some customers
This includes logging into their bank accounts on their apps and using PayLah!. Read more at straitstimes.com.
DBS quarterly results trounce forecasts, another record year expected
Singapore's biggest bank DBS Group expects its net profit to grow this year, it said on Thursday, after posting a 15% rise in first quarter net profit that beat expectations, driven by strong total ...
The Peter-Piyush show at DBS hits $100 billion, and Singapore should cheer
The Peter Seah and Piyush Gupta combination has overcome disruptions and worked well for DBS. Read more at straitstimes.com.