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Tag: banking

Posted on 20/02/2024

Singapore, Hong Kong Spac failures highlight thwarted ambitions

Singapore may have beaten Hong Kong to listing the first Spacs in January 2022, but Mak called that victory “hollow”. Three Spacs — Vertex Technology Acquisition, Novo Tellus Alpha Acquisition and ...

Posted on 20/02/2024

Money laundering accused faces six new charges for alleged forgery and conspiracy to cheat StanChart

CAMBODIAN passport holder Chen Qingyuan, one of the 10 foreign nationals involved in the S$3 billion money laundering case in Singapore, was on Tuesday (Feb 20) slapped with six new charges. Read more ...

Posted on 20/02/2024

Accused in S$3 billion money laundering case handed six new charges related to forgery

SINGAPORE: Cambodian national Chen Qingyuan, one of the 10 accused embroiled in a massive anti-money laundering probe, has been handed more charges.

Posted on 20/02/2024

OCBC’s junior workers to receive S$1000 each to help them with high living costs

SINGAPORE: OCBC, one of Singapore’s biggest banks, announced on Tuesday (Feb 20) that it would be helping its workers deal with high costs of living due to inflation, which includes giving its junior ...

Posted on 20/02/2024

OCBC gives S$9m support to 14,000 junior employees

OCBC is giving a one-off S$9m support to its 14,000 junior employees globally to help cope with rising cost-of-living oncerns. The employees will include those from its subsidiaries in Bank of ...

Posted on 20/02/2024

7 Best Personal Loans in Singapore with Lowest Interest Rates (Jan 2024)

Here's a look at the personal loans with the lowest interest rates in Singapore right now ... [ms-inline-widget category_slug="personal-loan" provider_slugs="citibank" loan_type="personal-loan" ...

Posted on 20/02/2024

CORRECTED-UPDATE 5-Singapore to expand 2024 spending, enforce global minimum tax

The prime minister-in-waiting also expanded government spending to help households battle inflationary pressures in the city-state and to grow the economy and jobs. Wong told parliament the tax ...

Posted on 20/02/2024

Singapore boosts AI ambitions with £740m investment plan

Singapore has announced plans to inject around £740m (S$1.2bn) into AI development over the next five years, The substantial investment, announced by Deputy Prime Minister Lawrence Wong on Friday (16 ...

Posted on 20/02/2024

Singapore’s Biggest Money Laundering Case Tests City’s Weak Property Market

A mass sale of prized real estate seized in Singapore’s biggest money-laundering case is set to provide a key test of demand for a niche part of the financial hub’s property market.

Posted on 20/02/2024

Budget 2024 comprehensive, but SMEs may need more targeted help: ST-UOB roundtable

Smaller firms may struggle with implementation of artificial intelligence and green technology. Read more at straitstimes.com.

Posted on 20/02/2024

IEPFA and DBS Bank ink MoU to spread awareness on investment and fraudulent schemes

IEPFA partners with DBS Bank to enhance investor awareness and protection through digital platforms and extensive network.

Posted on 19/02/2024

Citibank to plant a tree every time a private client spends $1,000

SINGAPORE: Citibank is set to revitalize the banking experience for its Citigold Private Clients (CPC) with the launch of the new World Elite debit card. Tailored for clients with a minimum of S$1 ...

Posted on 19/02/2024

Cathay United Bank Singapore Branch Signs First Green Trade Loan With Apeiron to Boost Low Carbon Transport – A New Green Finance Milestone

Singapore Branch saw its long-term commitment to green finance bear fruit in the final quarter last year after it closed a green trade loan deal with Apeiron Bioenergy (Apeiron), a leading player in ...

Posted on 19/02/2024

HSBC introduces new bonus system for most junior employees

HSBC Holdings is introducing a new bonus plan for most junior employees in support roles as it seeks to improve transparency on compensation. Read more at The Business Times.

Posted on 19/02/2024

Drop your unwanted angbaos at over 40 recycling bins at DBS/POSB branches in S’pore

You can find over 40 recycling bins at various DBS/POSB outlets where you can drop off your angbaos. This is a 30 per cent increase in the number of bins from last year, according to a press release ...

Posted on 19/02/2024

Saudi Wealth Fund, Singapore’s PSA consider Global Ports IPO

SAUDI Global Ports, which is owned by the kingdom’s sovereign wealth fund and Singapore’s PSA International, is considering an initial public offering in Riyadh, according to people familiar with the ...

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