The letter, which was a computer-generated one that does not require a signature, has the heading “CLOSURE OF UOB ACCOUNTS.” In it, Ms Goh was informed that by November 15, 2023, the bank will be ...
China’s Salvoes Spur New Focus on Geopolitical Investing
Bloomberg’s New Economy Forum returns to Singapore Nov. 8-10 as the world’s most influential leaders gather to address critical issues facing the global economy. This year’s theme, “Embracing ...
The Singapore Dream no longer just the ‘5Cs’ but leading purposeful lives, says DPM Wong
The "Singapore Dream" is no longer solely about material success — it now encompasses fulfilment, meaning and purpose in people’s lives, said Deputy Prime Minister Lawrence Wong on Friday (Oct 27).
UOB’s third-quarter net profit fell approximately 1.4% year-on-year
Notably, the bank highlighted increased provisions for credit and other losses as a primary reason for the slightly lower-than-expected profit.
The Big Read: With no foolproof way to prevent banking and e-payment services outages, what can businesses and consumers do?
A long-awaited date with her national serviceman boyfriend for Nazrana Shaheen ended up being cut short, no thanks to a banking services disruption by ...
OCBC customers to receive e-mails and push notifications instead of SMSes for banking activities
In a push notification sent to OCBC customers on Thursday, the bank said they will no longer send SMS messages as the default method to inform customers about banking activities such as payments and ...
Top Stock Market Highlights of the Week: Singapore’s Core Inflation, Tourist Arrivals and 6-Month Treasury Bill
Welcome to this week’s edition of top stock market highlights. There is more good news for consumers who have had to endure the rising prices of goods and services. Singapore’s core inflation for ...
Car dealer used almost S$264,000 in customers’ down payments to invest in China, gets jail
Wong Sang Keng invested S$200,000 in a wine business in China but lost it all when foreign authorities seized the alcohol.
Announcing Elapath Energy’s $200 Million Mandate for Solar Innovations in Singapore, Facilitated by Ratsamy Consulting
In a landmark move for the renewable energy landscape, Elapath Energy, a globally renowned solar panel installation and manufacturing leader, has secured a significant contract worth $200,000,000.
Sheffield Green’s IPO shares fully subscribed; shares priced at 25 cents apiece
Based on the offering price, Sheffield Green’s post-offering market capitalisation is expected to be approximately $46.6 million.
Standard Chartered Names Next GC for Global Investment Banking
London-headquartered Standard Chartered currently has a presence in 57 markets. Although listed on the London and Hong Kong Stock Exchange, the bank has no branches in the U.K, and derives 90% of its ...
Standard Chartered’s third-quarter pre-tax profit falls by half to US$633 million on mounting bad loan provisions to China’s property sector
Standard Chartered reported worse-than-expected earnings for the third quarter because of high impairment charges related to exposure to China’s property sector.
OCBC customers to receive e-mails and push notifications instead of SMS for banking activities
In a push notification sent to OCBC customers on Thursday, the bank said they will no longer send SMS messages as the default method to inform customers about banking activities such as payments and ...
Singapore: Industrial Production improves in September – UOB
EUR/USD continues to trade in its tight daily range slightly below 1.0550 on Friday. The data from the US showed that the annual Core PCE inflation declined to 3.7% in September as expected, limiting ...
How Singapore got so good at SME banking
UOB, DBS and OCBC – have won Euromoney awards for best SME bank in Asia each year since 2016, two of them taking the global award as well. Why?
The Singapore Dream no longer the ‘5Cs’ but leading purposeful lives, says DPM Wong
SINGAPORE: The "Singapore Dream" is no longer solely about material success – it now encompasses fulfilment, meaning and purpose in people’s lives, said Deputy Prime Minister Lawrence Wong on Friday ...