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Tag: banking

Posted on 16/08/2023

Vietnam Airlines and Singapore Tourism Board sign MoU

Vietnam Airlines and the Singapore Tourism Board (STB) have signed an MoU until 2025, aiming to promote Singapore’s popularity as a destination for both leisure and business as Vietnam's outbound ...

Posted on 16/08/2023

Should you buy 6-month or 1-year Singapore T-bills as investment?

Singapore treasury bills (T-bills for short) are short-term debt securities issued by the Singapore Government. They are available in two formats: six months, or one year, and are issued in tranches ...

Posted on 16/08/2023

Ex-Singapore Parliamentarian’s startup to issue Swiss Franc and Euro stablecoins

Singapore investor and former parliamentarian Calvin Cheng has announced that his wholly-owned, newly rebranded Swiss company, Anchored Coins AG ("Anchored Coins"), will be issuing two stablecoins - a ...

Posted on 16/08/2023

7 people who alleged disclosed banking, Singpass details to scammers to be charged

SINGAPORE - Seven people, including three teenagers, will be charged for relinquishing their bank accounts and/or Singpass credentials for money laundering activities linked to banking related ...

Posted on 16/08/2023

Business cheque usage low but industry, customer preferences make it hard to discard

To help businesses make the switch, banks make digital payment methods cheaper, or offer fee rebates. Read more at straitstimes.com.

Posted on 16/08/2023

UOB, The EM District and AEG announce historic naming rights partnership

UOB, The EM District and AEG are proud to unveil a revolutionary naming rights partnership, brokered by AEG Global Partnerships, that promises to reshape the live entertainment landscape in Thailand ...

Posted on 16/08/2023

Singapore Stock Market May Test Support At 3,200 Points

The Singapore stock market has moved lower in three straight sessions, sinking almost 90 points or 2.8 percent along the way. The ...

Posted on 16/08/2023

Singapore banks see slower trade activity as demand falters

Banks in Singapore have blamed a flagging trade environment and China’s weak rebound from the Covid-19 pandemic for a dip in trade finance activity in the first half of the year.    The city-state’s ...

Posted on 15/08/2023

Singapore introduces regulatory framework for stablecoins

Singapore’s financial regulator on Tuesday unveiled its regulatory framework for stablecoins, those cryptocurrencies pegged to fiat money for a more solid and stable asset. As part of this framework, ...

Posted on 15/08/2023

Singapore’s Central Bank Releases Stablecoin Regulatory Framework

Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request.

Posted on 15/08/2023

Singapore central bank unveils regulatory framework, bringing clarity to stablecoins

Singapore’s central bank has announced its revised regulatory framework, whose primary objective is ensuring the stability of single-currency stablecoins that fall under the jurisdiction of the ...

Posted on 15/08/2023

Uproar over OCBC banking app’s new security feature is clearly misplaced

THERE has been uproar over OCBC’s mobile banking Android application refusing to run unless a user’s sideloaded apps are uninstalled. Read more at The Business Times.

Posted on 15/08/2023

UOB Kay Hian Remains a Hold on Singapore Exchange (SPXCF)

In a report released today, Llelleythan Tan from UOB Kay Hian maintained a Hold rating on Singapore Exchange (SPXCF – Research Report), ...

Posted on 15/08/2023

DBS head says Singapore hasn’t realized that it’s rich, suggests rethinking what to do with reserves

Mr Piyush Gupta, the head of DBS Group Holdings, called for reconsidering how the country’s sizable reserves can be better deployed. “We’ve still not caught up around the fact that we are a rich ...

Posted on 15/08/2023

Must-watch: Singapore Reserves Revealed gives exclusive insight into the country’s rainy day fund

Produced over the span of six months, Singapore Reserves Revealed is to date, the most extensive look at one of Singapore’s most closely guarded secrets. It features exclusive interviews with the ...

Posted on 15/08/2023

Singapore introduces visionary regulatory framework to boost stablecoins’ stability

The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new ...

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