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Tag: banking

Posted on 26/04/2023

Singapore, Shanghai ink record 15 deals

Local companies have deepened ties with their Shanghai counterparts, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose.

Posted on 26/04/2023

Syfe allies with US-based investment management firm for unique offering

Monthly payouts range between 4.0% to 6% per annum. Singaporean digital wealth manager Syfe has announced Syfe Income+. Powered by US-headquartered PIMCO, Syfe utilises a distinct portfolio ...

Posted on 26/04/2023

Singapore hospitality players to expand globally in 2023 and beyond

The Ascott Limited and Frasers Hospitality aim to capitalise on demand for travel as pandemic curbs ease. Read more at straitstimes.com.

Posted on 25/04/2023

GXS Bank launches flexi loans from as low as S$200 with tenure as short as 2 months

GXS Bank has launched a flexible loan product targeted towards individuals with difficult access to credit facilities. Find out more.

Posted on 25/04/2023

Singapore stocks fall amid weak regional sentiment

The Straits Times Index (STI) fell 0.8 per cent, or 27.99 points, to 3,296.56 on Tuesday amid weak market sentiment in the region. Read more at straitstimes.com.

Posted on 25/04/2023

GXS digital bank launches flexible loans that let customers borrow as little as $200

GXS Bank, the digital lender backed by Grab and Singtel, is now offering personal loans as low as $200 to cater to what it sees are underserved segments of the population. The loan tenure or duration ...

Posted on 25/04/2023

Singapore: Inflation lost momentum in March – UOB

Senior Economist at UOB Group Alvin Liew reviews the latest inflation figures in Singapore.

Posted on 25/04/2023

MAS Directs DBS to Assess Staff and Tech Supporting Its Digital Banking Services

MAS has directed DBS to conduct an assessment of the staff, processes, and technology supporting its digital banking services.

Posted on 25/04/2023

Shanghai, Singapore Ink Record 15 Agreements as Bilateral Trade Grows

Local companies deepened ties with their Shanghai counterparts on Monday, with the signing of a slew of agreements across a broad swathe of sectors as bilateral trade rose. According to official data, ...

Posted on 25/04/2023

Former assistant finance manager jailed for embezzling S$5.1 million from company

SINGAPORE: A former assistant finance manager of an IT equipment company was sentenced to 10 years' jail on Tuesday (Apr 25) for embezzling S$5.1 million (US$3.8 million) from his firm. Singaporean Ho ...

Posted on 25/04/2023

Ex-assistant finance manager who stole more than $5m from then employer gets 10 years’ jail

A former assistant finance manager who misappropriated with more than $5 million from his then employer was sentenced to 10 years’ jail on Tuesday. Read more at straitstimes.com.

Posted on 25/04/2023

GXS digital bank launches flexible loans that lets customers borrow as little as $200

GXS Bank, the digital lender backed by Grab and Singtel, is now offering personal loans as low as $200 to cater to what it sees are underserved segments of the population. The loan tenure or duration ...

Posted on 25/04/2023

Singapore’s Cosmose AI raises funds; valuation jumps to $500m

Although Cosmose AI did not disclose details, its valuation hit $500 million after Near's investment -- $400 million more than after a $15 million Series A round in September 2020.

Posted on 25/04/2023

Mankind Pharma IPO opens today: Check GMP, price band, other details here

Mankind Pharma IPO listing date: The IPO will likely list on NSE and BSE on May 8. Mankind Pharma IPO lot size: One lot of the IPO will have 13 shares, and an investor is allowed to bid for at least ...

Posted on 25/04/2023

9 men who gave their bank accounts to criminal syndicates charged with money mule offences

The men were arrested for their suspected involvement in various scams, including China officials impersonation scams, rental scams and bank phishing scams. Read more at straitstimes.com.

Posted on 25/04/2023

HSBC Singapore, MSIG enter 15-year bancassurance partnership

MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers. HSBC has entered into a 15-year general insurance distribution agreement with MSIG Insurance. Under the ...

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