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Tag: banking

Posted on 24/07/2023

Higher deposit caps for digital banks not likely to disrupt DBS, OCBC and UOB: Fitch Ratings

Digital bank GXS, which is backed by Grab and Singtel, said on July 19 that it will raise the limit for deposits from $5,000 per account to the new $75,000 threshold. Separately, Sea-owned MariBank ...

Posted on 24/07/2023

Singapore June Core Inflation Rises 4.2%, Matches Forecast

SINGAPORE (Reuters) - Singapore's key consumer price gauge rose 4.2% in June, matching economists' forecasts, official data showed on Monday. The core inflation rate - which excludes private road ...

Posted on 24/07/2023

Who Is Ng Kok Song? All About The Man Running In The Singapore Presidential Elections

Here is everything you need to know about Ng Kok Song, the third candidate for the Singapore presidential elections.

Posted on 24/07/2023

OCBC names Mike Ng as its first chief sustainability officer to lead decarbonisation drive

Mr Ng was instrumental in OCBC's commitment to cease financing for new coal-fired power plants. Read more at straitstimes.com.

Posted on 24/07/2023

Man calls out Singapore car driver for using his YouTrip card at JB petrol station

Finders keepers, losers weepers? Taking to Complaint Singapore Facebook Page on Sunday (July 23), driver Leonard Chia shared how his lost YouTrip card was misappropriated by a Singapore car driver at ...

Posted on 24/07/2023

Top Taiwan bank looks to South-east Asia in shift from China, boosts Singapore hires

Cathay United Bank's corporate clients are seeking to diversify supply chains away from China amid geopolitical tensions. Read more at straitstimes.com.

Posted on 23/07/2023

Singapore to expand intellectual property capacity by 2030

ASEAN economies are on an upward growth trajectory and the region is now set to be the fourth-largest economy in the world by 2030.

Posted on 23/07/2023

Impact Investing Singapore – How To Invest To Double Your Money

In the past year, Palantir has launched a number of cooperations with the US Army. In addition to the aforementioned .699 billion order, Palantir also signed a four-year Army order last year. The ...

Posted on 23/07/2023

Historian says recent scandals raise serious questions about Singapore govt’s ability to maintain public trust

SINGAPORE: In a recent interview with the BBC, renowned historian Michael Barr indicated that the recent affair scandal involving two People’s Action Party (PAP) Members of Parliament (MPs) and the ...

Posted on 21/07/2023

HDB dream: She gave up her citizenship to pursue Singapore home

Not long after becoming a Singaporean, a woman and her Malaysian husband bought their first HDB flat. Here's their story.

Posted on 21/07/2023

UOB Kay Hian moderates STI target to 3,240 but Singapore market ‘still the place to be’

The brokerage’s key focus for stocks in 2H2023 include counters such as Capitaland Investment, Genting Singapore and Keppel Corp.

Posted on 21/07/2023

CGS-CIMB keeps ‘hold’ on DBS with ‘likely positive’ NIM guidance but negative loan growths for 2QFY2023

CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are expecting a resilient showing of DBS Group Holdings’ 2QFY2023 earnings, on account of stable net interest margins (NIM), recovering ...

Posted on 21/07/2023

Singapore banks face tepid loan growth; interest margins to peak in 2023

“The Singapore government is highly supportive of the banking system. We believe it will provide timely financial support to ensure the stability of the financial system, if needed. This in turn ...

Posted on 21/07/2023

Winning Secrets: UOB Thailand’s head office embodies a high-performance culture

Featuring a four-zone workplace, UOB Plaza Bangkok encourages closer collaboration, enables greater mobility, and promotes employee wellbeing, Sasiwimol Arayawattanapong, Head of HR, shares.

Posted on 21/07/2023

Little Movement Anticipated For Singapore Shares

The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of ...

Posted on 21/07/2023

Singapore’s Temasek to invest US$3 million-$5 million a year in India, report says

Singapore state investment company Temasek Holdings is looking to invest US$3 million to $5 million a year in India, Ravi Lambah, head of Temasek India, says in an interview with Bloomberg.

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