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Tag: banking

Posted on 22/11/2023

Singapore 2023 GDP growth narrowed to 1%; Q3 growth at 1.1%

SINGAPORE’S full-year economic growth is expected to come in at around 1 per cent, the Ministry of Trade and Industry (MTI) said on Wednesday (Nov 22) morning. Read more at The Business Times.

Posted on 22/11/2023

DBS, UOB and OCBC: Which of These 3 Banks Should You Pick?

We review and compare the trio of local banks to see which is the most attractive. The post DBS, UOB and OCBC: Which of These 3 Banks Should You Pick? appeared first on The Smart Investor.

Posted on 22/11/2023

Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO

Smith is currently the regional CEO for Europe and the US at Singapore-based global real estate investment company Mapletree Robert Wong, who has been Hongkong Land's CEO since 2016, will stay on as a ...

Posted on 22/11/2023

Unbridled innovation: a rude awakening for Singapore’s banks?

One episode of widespread unavailability of digital banking and ATM services in May, not the first, saw the Monetary Authority of Singapore impose an additional capital requirement on DBS – a harsh ...

Posted on 21/11/2023

Money Talks – How to invest your first S$100,000

Dexter Tiah was only two years into his first job when he accumulated enough to start his first S$100,000 investment portfolio. The investor and author of the personal finance book Laughs, Losses and ...

Posted on 21/11/2023

Best Fixed Deposit Rates in Singapore (Nov 2023)—DBS, UOB, HSBC, and More

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 21/11/2023

Visa, UOB, and Doxa Partnership to Expedite Contractor Payments in Asia Pacific

Visa has teamed up with United Overseas Bank Limited (UOB) and the Singapore-based fintech company Doxa to offer a payment solution for contractors in the Asia Pacific region. This collaboration is ...

Posted on 21/11/2023

Singapore Shares May Find Traction On Tuesday

(RTTNews) - The Singapore stock market has moved lower in two straight sessions, sinking more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the 3,110-point ...

Posted on 21/11/2023

Unemployed Stomper who left $500 at Yew Tee ATM says he needed cash to repay debt, but woman took it

A 61-year-old man who left behind $500 cash at an Automated Teller Machine (ATM) and returned to find it gone says a woman had taken his money. Read more at stomp.straitstimes.com ...

Posted on 20/11/2023

Maybank becomes first bank in Singapore to offer end-to-end Islamic wealth solutions

Maybank Group launched its Islamic Wealth Management Singapore regional offshore hub through Maybank Singapore on Nov 20.

Posted on 20/11/2023

6 Best Personal Loans in Singapore with Lowest Interest Rates (Nov 2023)

PRs and foreigners with a Singapore Employment Pass aged 21 to 65. You can apply for this personal loan online by signing in through SingPass and receive your loan disbursement within 15 minutes.

Posted on 20/11/2023

Commentary: The global antibiotic pipeline is running dry. How can Singapore spur new drug development?

As bacterial infections become ever more challenging to cure, we should explore and contextualise incentives for antibiotic development, say NUS professors Hsu Li Yang, Wee Hwee Lin and Joanne Yoong.

Posted on 20/11/2023

Daily Cuts – A para-athlete’s marathon journey

The Standard Chartered Singapore Marathon is back next week and Arnold Gay and Susan Ng speak with Zac Leow about his upcoming attempt at the Guinness World Record for this!

Posted on 20/11/2023

Singapore stocks slip on Monday even as most regional markets gain

SINGAPORE stocks closed lower on Monday (Nov 20), bucking a regional trend where most markets ended positive. Read more at The Business Times.

Posted on 20/11/2023

Singapore’s Digital Money Revolution: Wholesale CBDC Takes Center Stage

The Monetary Authority of Singapore has unveiled a digital money strategy focusing on wholesale CBDC, tokenized bank liabilities, and regulated stablecoins, excluding retail CBDC. Local banks OCBC and ...

Posted on 20/11/2023

Interview with Citibank CEO – Citibank CEO Jane Fraser discusses overhaul in exclusive interview with CNA

Citigroup's recently-announced overhaul is taking shape. The broad aim, trim down the bureaucracy for a more nimble, client-focused institution. While the strategy is in place, investors are yet to ...

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