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Tag: banking

Posted on 08/05/2023

SGX: Is OCBC Share a Buy Before Earnings?

Overseas-Chinese Banking Corporation Limited, or OCBC Bank (SG:O39), is among the oldest financial institutions in Singapore. OCBC Bank has ...

Posted on 08/05/2023

Singapore may vote on soaring rent as locals feel real estate price pinch

Singapore's Finance Minister Lawrence Wong said, in Singapore, the prime minister has to be a real estate agent while acknowledging that prices have soared ...

Posted on 08/05/2023

Revolut Enables Singapore Customers to Link With 6 Banks for In-App Top-Ups

Revolut enables Singapore customers to link, and top-up directly from up to six different bank accounts within the app.

Posted on 08/05/2023

Small business, big impact: The benefits of treating IT as an investment

The high cost of tech is hindering SMEs in Singapore from adoption but it can help build a resilient and successful business.

Posted on 08/05/2023

Lazada is about to become a very lucrative failure, as leaks suggest possible IPO in 2024

Latest leaks, reported just a few days ago, suggest that Alibaba is already actively making plans for a possible IPO of the unit next year. “The firm is in the early stages of consideration and ...

Posted on 08/05/2023

Singapore highest globally for total stamp duty on foreigners

The market recently put a 100% increase in the ABSD rate for foreigners. A real estate expert’s study showed that Singapore ranked highest worldwide for total stamp duty rates for a foreign national ...

Posted on 08/05/2023

Monetary Authority of Singapore Imposes Additional Capital Requirement on DBS Bank for Disruption of Banking Services

The Monetary Authority of Singapore (MAS) has reportedly imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement.

Posted on 07/05/2023

Wet weather hits OCBC Cycle; cyclists welcome first full-scale event in 3 years

The Sportive 40km Ride was reduced to 20km after the start was delayed by 30 minutes owing to rain. Read more at straitstimes.com.

Posted on 07/05/2023

Service disruption: MAS orders DBS to set aside $1.6b as regulatory capital

A disruption to DBS Bank’s digital banking and ATM services on Friday and an earlier widespread disruption on March 29 mean the additional capital requirement it must set aside now stands at about $1.

Posted on 07/05/2023

Me & My Money: Why finance exec prefers to rent a home

It's important to work out the numbers and the opportunity cost of the capital, she says. Read more at straitstimes.com.

Posted on 06/05/2023

Singapore’s central bank imposes additional capital requirement of RM5.35bil on DBS Bank

The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country's largest lender DBS Group, following the disruption of its banking ...

Posted on 06/05/2023

DBS CEO, previously embarrassed by disruptions in March, apologises for May outage

DBS and POSB Bank customers in Singapore experienced service disruptions on 5 May, marking the second major outage in two months. Many were unable to access online and mobile banking services, and ...

Posted on 06/05/2023

5 best regular savings plans in Singapore 2023: Invest with $100 a month

Investing is like exercising daily, improving your cooking skills or sleeping earlier — we all know we should be doing it, but due to lack of time, discipline or knowledge, it sometimes falls to the ...

Posted on 06/05/2023

Temasek considers investing $100 million in Indian jeweller BlueStone -sources

Singapore state investor Temasek Holdings is considering investing $100 million in Indian jeweller BlueStone for a stake of about 20 per cent, two sources with direct knowledge of the matter told ...

Posted on 06/05/2023

Singapore’s Keppel revamps, aims to manage $150 billion of assets by 2030

Singapore's Keppel Corp said on Wednesday it would transform itself into an asset manager overseeing $150 billion by 2030 and focusing on green energy, betting it would provide more stable revenue ...

Posted on 06/05/2023

Singapore’s GIC first to add 2-3 degree Celsius outcome to climate scenario analysis

GIC is the first fund to add a fourth scenario to its climate change analysis in which global temperatures rise 2-3 degrees Celsius.

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