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Tag: banking

Posted on 05/07/2024

Hong Kong fines DBS over breaching anti-money laundering rules

HONG KONG/SINGAPORE, July 5 (Reuters) - The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million ($1.28 million) by Hong Kong's banking regulator for violating ...

Posted on 05/07/2024

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

Singapore Exchange Limited ... VICOM’s final dividend was reduced from S$0.0332 to S$0.0275 as the group needed to retain cash for a major investment in a new test and inspection centre at Jalan Papan ...

Posted on 05/07/2024

Foxconn plans to invest up to $551mn more in Vietnam as it continue to moves away from China

Foxconn Singapore has been granted a license to invest $551 million in two significant projects aimed at producing smart entertainment products and smart-system equipment in Vietnam’s northern provinc ...

Posted on 05/07/2024

More than 9,800 potential scam victims alerted in joint operation between S’pore police and six banks

SINGAPORE: The police’s Anti-Scam Centre (ASC ... In a statement on Friday (July 5), the police said it partnered with DBS Bank, UOB Bank, OCBC Bank, Standard Chartered Bank, HSBC Bank, and GXS Bank ...

Posted on 05/07/2024

1.5 million Singaporeans to receive up to $850 in cash and up to $450 in MediSave top-ups in August

SINGAPORE: About 1.5 million eligible adult Singaporeans will receive S$450 or S$850 in cash this... The post 1.5 million Singaporeans to receive up to $850 in cash and up to $450 in MediSave top-ups ...

Posted on 05/07/2024

OCBC Securities introduces AI Oscar to support investors through their trading journey better

OCBC Securities has consistently leveraged technology to enhance its trading services. Their latest innovation, AI Oscar, is a virtual trading assistant on the iOCBC platform, offering users ...

Posted on 05/07/2024

More IPOs likely to return in 2025 after shorter year in 2024: Citi

Even though India is in the spotlight at the moment, Citi sees countries like Indonesia and Vietnam exhibiting strong growth.

Posted on 05/07/2024

Briefs: Biden faces mounting pressure; Singapore stocks jump to two-year high; Google’s emissions higher due to AI

In other news, tokenisation, AI and quantum computing are the best prospects for transforming finance, says Ravi Menon.

Posted on 04/07/2024

IPOs in Southeast Asia and Singapore fell y-o-y in 1H2024: Deloitte report

The decrease, which highlights a “lukewarm regional IPO outlook”, is due to the lack of blockbuster IPOs in the 1H2024. During this time, Southeast Asia only welcomed one large IPO, which raised over ...

Posted on 04/07/2024

IPO Watch: 3 High-Growth Companies Going Public or Recently Listed

Discover the next big IPO success stories following the impressive growth of Arm and Reddit. The post IPO Watch: 3 High-Growth Companies Going Public or Recently Listed appeared first on The Smart ...

Posted on 04/07/2024

NSE urges market regulator Sebi to take a ‘fresh view’ on much-delayed IPO

In its petition to the court, People Activism Forum had submitted that there is no hindrance to ‘enlisting of shares of NSE with Sebi’ as the six-month prohibition imposed by the market regulator ...

Posted on 04/07/2024

Singapore stocks rise in tandem with regional indices; STI up 0.7%

SINGAPORE stocks rose on Thursday (Jul 4), tracking gains by regional indices. Read more at The Business Times.

Posted on 04/07/2024

Concerns over fraud protection grow among Singapore bank customers

SINGAPORE: A significant portion of Singapore’s banking customers are increasingly dissatisfied with the perceived level of fraud protection provided by their banks, according to a recent report. As ...

Posted on 04/07/2024

Singapore: 1.5 million adults to receive up to SGD 850 in cash, govt to disburse SGD 1.4 billion in GST Voucher in August

GSTV disbursement will amount to a total of SGD 1.4 billion in GSTV – Cash and GSTV – MediSave, which is around SGD 200 million more than last year.

Posted on 04/07/2024

Singapore’s DBS boosts digital-asset push with first stablecoin tie-up

Singapore’s largest bank DBS Group Holdings Ltd. will for the first time custody stablecoin reserves and offer related cash management services, in a tie-up with the local unit of cryptocurrency ...

Posted on 04/07/2024

How Much Does It Cost To Participate In A Marathon In Singapore

Taking part in a marathon can cost between $50 to $200 per runner depending on the distance and complexity of the event.

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