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Tag: banking

Posted on 15/01/2024

Passionate about finance, these 19-year-old S’poreans started a non-profit to help young people manage money better

Comprising Visakan Swaminathan, Lai Pengchong, Gan Xin Xiang and Jillian Ashleigh Loh, the “FinGeeks” embarked on a journey to spread financial literacy amongst youth in 2020 with the help of the ...

Posted on 15/01/2024

World No. 1 Lilia Vu to compete at the HSBC Women’s World Championship in Singapore

She is joined by the rest of the top four in Yin Ruoning of China, France’s Celine Boutier and Australian Minjee Lee. Read more at straitstimes.com.

Posted on 15/01/2024

‘Banks do not send SMS with links’: $446k already lost to scams in 2024

Banks do not send their customers clickable links on SMS, said the Singapore Police Force (SPF) and DBS Bank in a reminder to the public on Jan 14.Since December 2023, there have been more cases of ...

Posted on 15/01/2024

Pre-book CNY bank notes from Jan. 17, collection at DBS/POSB, OCBC, UOB branches: MAS

Selected pop-up and branch ATMs of DBS, OCBC and UOB: Notes can be withdrawn without any pre-booking from Jan. 24. Customers of all other banks may refer to the respective banks’ websites for details ...

Posted on 15/01/2024

Singapore Police and DBS report 219 phishing victims and SGD446,000 in losses in January 2024

Singapore has been seeing regular headlines on various types of digital scams, including banking scams. Now, the Singapore Police Force and DBS Bank have issued a joint statement to alert the public ...

Posted on 15/01/2024

Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS

Singapore now has S$3.2b in funds using local banks’ “money lock” feature, involving 38,000 accounts, according to the Association of Banks in Singapore (ABS). First launched in November by three ...

Posted on 15/01/2024

Schroders launches new multi-asset income fund, arranges exclusive distribution with HSBC

The Schroder ISF Dynamic Income fund was designed in response to the new era of high inflation and interest rates.

Posted on 15/01/2024

Banks don’t send SMS clickable links, SG police and DBS warn after RM1.55mil lost to scams in two weeks

Banks do not send their customers clickable links on SMS, said the Singapore Police Force (SPF) and DBS Bank in a reminder to the public on Jan 14.

Posted on 15/01/2024

Over 200 DBS Customers Lose S$446K This Year to Sophisticated Phishing Scams

No less than 219 customers of DBS bank have reportedly been duped by sophisticated phishing scams in the first two weeks of 2024.

Posted on 15/01/2024

GXS Bank Receives Continued Backing from Grab with US$109 Million Injection

Grab funneled an additional US$109 Million into GXS Bank through its wholly-owned subsidiary As-DB Holdings Pte Ltd.

Posted on 15/01/2024

Singapore shares rise at Monday’s open; STI up 0.3%

SINGAPORE stocks were pulled into positive territory on Monday (Jan 15), supported by gains from bank stocks and other index counters. Read more at The Business Times.

Posted on 15/01/2024

Hillhouse, Mitsui vying for Singapore’s Eu Yan Sang in $932.5 million deal: Sources

Final binding bids are due by February before Lunar New Year, the sources said. Read more at straitstimes.com.

Posted on 15/01/2024

China central bank set to cut key rate, boost liquidity Monday to aid economy

China's central bank is expected to ramp up liquidity injections and cut a key interest rate when it rolls over maturing medium-term policy loans on Monday, as authorities try to get the shaky economy ...

Posted on 14/01/2024

Banks don’t send SMS clickable links, police and DBS warn after $446k lost to scams in 2 weeks

Scammers impersonated banks or bank staff to phish victims’ banking credentials via SMSes. Read more at straitstimes.com.

Posted on 14/01/2024

Singapore and Tamil Nadu to develop India’s first net-zero industrial park

Framework expected to be ready in a year’s time and guide every aspect of running the park. Read more at straitstimes.com.

Posted on 14/01/2024

219 DBS customers lose about S$446,000 to scams in 2 weeks

SINGAPORE: At least 219 DBS customers have fallen prey to scams in the first two weeks of the year, losing about S$446,000 (US$335,000) in total. There has been a surge in cases of SMS phishing scams ...

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