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Tag: banking

Posted on 01/03/2024

Singapore to pump $300 million into tourism as part of broader economic plan

The $300 million will help develop new experiences and enhance existing attractions. Read more at straitstimes.com.

Posted on 01/03/2024

Can Singapore’s $1 Billion AI Commitment Secure Its Position as a Global Leader?

In a strategic move to secure its workforce’s future and maintain its global competitiveness, Singapore has unveiled ambitious plans to bolster its capabilities in artificial intelligence (AI).  ...

Posted on 01/03/2024

More support for mid-career workers, ITE graduates as part of Govt’s $300k lifetime investment in each S’porean student

SINGAPORE — Many Singaporeans worry that the system only ... as he outlined the Government’s efforts to invest more in individuals through a lifetime journey of education and upskilling. In total, ...

Posted on 01/03/2024

Illiterate or experienced? 70-year-old man sues Citibank for depositing over $1m in joint account with ex-wife

A tyre workshop owner who handed more than $1 million in cheques to his Citibank relationship manager has sued the bank for not following his instructions on what to do with the money.In court papers ...

Posted on 29/02/2024

Tyre workshop owner sues Citibank, alleging breach of instructions over more than $1m

He alleged that the cheques were wrongly deposited into a joint account with his ex-wife. Read more at straitstimes.com.

Posted on 29/02/2024

Man jailed 15 months over phishing scams involving OCBC customers

SINGAPORE: A man linked to phishing scams that caused hundreds of OCBC Bank customers to lose around S$12.8 million in total was sentenced to a year and three months’ jail on Feb 29. Jovan Soh Jun Yan ...

Posted on 29/02/2024

Singapore card rewards with fractional shares

Online brokerage firm Tiger Brokers (Singapore), in partnership with WISE Platform, has unveiled its Tiger BOSS debit card that is the first debit card in Singapore that enables users to earn ...

Posted on 29/02/2024

CapitaLand Investment posts resilient FY 2023 Cash PATMI of S$781 million

Core dividend of 12 Singapore cents2 per share proposed Targets to double funds under management to S$200 billion in five years Singapore - February 28, 2024 — CapitaLand Investment (CLI) posted a ...

Posted on 29/02/2024

Over 61,000 Money Lock accounts in Singapore with total savings of over S$5.4 billion set up since Nov 2023

thus limiting the amount a customer may lose should their digital banking access be compromised. The feature is currently offered by DBS, UOB and OCBC and will be rolled out by other major retail ...

Posted on 29/02/2024

With over 30 years in China, DBS Bank eyes China’s long-term opportunities

With more than 30 years of operations in China, the Singapore-based DBS Bank is eyeing long-term opportunities in the country, especially in the Greater Bay Area (GBA), CEO of DBS China Ginger Cheng ...

Posted on 29/02/2024

Construction starts on Singapore’s $553mn property project in Vietnam’s Binh Duong

From the beginning of the year until February 20, Singapore has emerged as the leading foreign investor in Vietnam, with a cumulative investment of $2.08 billion. The figure constitutes 48.5 percent ...

Posted on 29/02/2024

Singapore to Build World’s Largest Facility to Boost Carbon-Removal Power of the Ocean

The Equatic Process, a novel carbon removal technology and one of the best inventions of 2023, is getting a major scale-up, with the world’s largest ocean carbon dioxide removal (OCDR) facility set to ...

Posted on 29/02/2024

Massive $1.2B scam! — Singapore firm accused of swindling 26,000 people in Japan’s largest fraud case

SINGAPORE: Sky Premium International, a firm registered in Singapore, is under investigation in Japan for a case referred to as the country’s biggest financial scandal. 135 billion yen (S$1.2 billion) ...

Posted on 29/02/2024

Do Fundamentals Have Any Role To Play In Driving Boustead Singapore Limited’s (SGX:F9D) Stock Up Recently?

Most readers would already know that Boustead Singapore's (SGX:F9D) stock increased by 5.4% over the past three ...

Posted on 29/02/2024

Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%

Yields on the bills are determined via competitive auctions in a market that comprises individuals and institutions from Singapore and overseas, and therefore reflect the general level and direction ...

Posted on 29/02/2024

Wee family, Singapore’s richest banking dynasty, grapples with succession

BUILDING a multibillion-dollar empire is one thing. Keeping it in the family is another matter. Read more at The Business Times.

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