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Tag: banking

Posted on 19/11/2024

Cash Management Accounts in Singapore: StashAway, Syfe, Endowus, Mari Invest, and More

We all know that stashing your savings away in a run-of-the-mill POSB savings account is a waste due to dismal interest rates. High-interest savings accounts (like the UOB One, DBS ...

Posted on 18/11/2024

17.5 years jail for OK Lim in one of Singapore’s ‘most serious cases of trade financing fraud’

The tycoon will appeal against the sentence, and his lawyer says that his $4 million bail has also been extended ...

Posted on 18/11/2024

Singapore’s Crypto Gateway: OKX Teams Up with Banking Giant DBS

OKX launches instant Singapore dollar transfers through DBS Bank using PayNow and FAST payment systems, coinciding with Bitcoin's rise above $90,000 and the exchange's recent regulatory approval in ...

Posted on 18/11/2024

Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn

Lim was originally charged in 2020 after confessing to hiding $800mn in losses from creditors — including HSBC and Singapore’s biggest lender DBS — and directing the company’s finance department not ...

Posted on 18/11/2024

How did Singapore’s richest man grow his wealth?

Eduardo Saverin, the richest man in Singapore with a net worth of US$30.4 billion, co-founded Facebook - now internet giant Meta Platforms - and invested in several successful startups.

Posted on 18/11/2024

Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...

Posted on 18/11/2024

Singapore oil tycoon OK Lim sentenced to nearly 18 years for cheating HSBC out of millions of dollars

The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...

Posted on 18/11/2024

UOB credit, debit card services restored after ‘intermittent disruption’

Customers were asked to use the QR code payment function on the app to pay for their transactions. Read more at straitstimes.com.

Posted on 18/11/2024

UOB announces collaboration with Disney Cruise Line

UOB is the first regional bank to offer special benefits to its cardholders booking Disney Adventure cruise vacations.

Posted on 18/11/2024

Rally May Stall For Singapore Stock Markets

The Singapore stock market has moved higher in three straight sessions, collecting more than 30 points or 0.8 percent along the way.

Posted on 18/11/2024

Disgraced Singapore oil tycoon to be sentenced for fraud

The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in one of the country's most serious ...

Posted on 18/11/2024

Oversea-Chinese Banking (SGX:O39) Expands with New Singapore Subsidiaries to Enhance Investment Portfolio

Oversea-Chinese Banking(SGX:O39) is making significant strides with the recent incorporation of subsidiaries like Market Street Properties Private Limited in Singapore, aimed at holding investment ...

Posted on 18/11/2024

Singapore Fintech Firm FortiCard Enters US Market, Plans IPO

FortiCard, a Singapore-based global Fintech firm ... and eventually conduct an Initial Public Offering (IPO) on the U.S. stock market. Going public is expected to provide the company with greater ...

Posted on 18/11/2024

Attika Group eyes expansion into Malaysia, manufacturing sector after IPO

SHARES of Singapore Exchange (SGX) newcomer Attika Group have been on a tear since its initial public offering (IPO). For its listing on the Catalist board, the company issued 21 million placement ...

Posted on 18/11/2024

Odisha’s Global Pitch: CM Majhi’s Investment Drive in Singapore

Odisha Chief Minister Mohan Charan Majhi is in Singapore to attract investments from industrial leaders. The visit includes meetings with key figures in various sectors like bio-fertilizers, steel, ...

Posted on 18/11/2024

CM Mohan Majhi urges Singapore-based investors for strategic collaborations with Odisha

BHUBANESHWAR: Chief Minister Mohan Charan Majhi on Sunday urged Singapore-based investors and industry leaders for strategic collaborations with Odisha which is emerging as one of the best investment ...

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