The Singapore research team at RHB Bank Singapore has also kept its “buy” call albeit with a lower target price of $14 from $14.80 previously. “OCBC Bank’s 1QFY2023 results are above expectations.
The Big Read: Can S’pore find the right balance as e-payments become the norm?
On most days, Ms Pang Shi Jia leaves her home with only her phone and card holder, which contains two bank cards.
‘How can I fall into a scam twice?’ Man who wanted to buy otah online downloads fake ScamShield app
Responding to an advertisement selling multiple kinds of otah on Facebook, a man was told by the seller to download an app to place a deposit. He keyed in his bank details but realised later that day ...
Singapore Bourse May Reclaim 3,200-Point Level
The Singapore stock market on Thursday ended the two-day slide in which it had dropped more than 40 points or 1.3 percent. The ...
HeySara and OCBC Bank are Helping SMEs Go Digital at a Fraction of the Cost
With this in-the-works partnership, HeySara is providing their report-filing, deadline-reminding, document-filing Digital Secretary Solutions (along with their ease-of-use and cost-effective cloud ...
2 weeks’ jail for man who asked friend to conduct unauthorised search on DBS’ customer info system
To find an acquaintance who owed him money, Ang Kok How got a friend who was a DBS Bank employee to conduct an unauthorised search on the bank's customer information system to illegally obtain the ...
Whistleblower calls out alleged unfair hiring practices in Singapore banking industry
An anonymous banking insider reported allegations of favoritism within Citibank's Singapore branch, claiming senior roles were filled by foreign staff over viable local candidates. Drawing inspiration ...
DBS keeps ‘buy’ on BRC Asia despite 1HFY2023 dip, sees improvements to come
Anticipating “better times” ahead, DBS Group Research analyst Lee Eun Young has maintained her “buy” call for BRC Asia with a reduced target price of $1.89 from $2.22 previously.
Singapore Says No to Angolan Tycoon’s Bid for Funds Held in Private Bank
Carlos Manuel De Sao Vicente, an Angolan businessman convicted of money laundering, failed in his bid in Singapore to get his funds released from the private banking arm of Oversea-Chinese Banking ...
DBS keeps ‘buy’ for ComfortDelGro but lowers TP to $1.62 amid slower recovery
The analysts note that CDG has introduced booking commissions since May 2022 on its re-launched ride-hailing platform app, Zig. With full-reopening, they expect revenue growth of 4.5% mostly coming ...
Singapore’s OCBC bank sets decarbonisation target for ship finance
Southeast Asia’s second-largest lender claims targets are internationally recognised, science-based pathways Singapore’s OCBC Bank has unveiled decarbonisation targets for its ship finance activities ...
HSBC is Giving You Cashback For Paying Your Taxes? We Review HSBC’s Everyday+ Rewards Programme
Wouldn’t it be great to get cashback on our taxes like how we get cashback on our shopping? Hang on a second. We actually can! HSBC’s Everyday+ Rewards Programme gives... The post HSBC is Giving You ...
Singapore firms should be aware of the opportunities in Africa, ‘break new ground’: PM Lee
Singapore therefore needs to double down on staying open ... For instance, PM Lee and Kenyan President William Ruto announced after they met on Thursday that a bilateral investment treaty between the ...
MOVES-Citi appoints Sharad Mohan as Singapore’s head of international personal bank
Citi has appointed Sharad Mohan as its head of international personal bank, Singapore, the banking group said on Tuesday.
Singapore bank pulls plug on upstream oil and gas project financing
To accelerate the decarbonisation of the oil and gas sector, the bank will not extend project financing to upstream oil and gas projects that obtained approval for development aft ...
Singapore and Kenya sign three new deals, agree to ratify investment treaty soon
The two countries will collaborate on climate issues, info and comms tech, skills development. Read more at straitstimes.com.