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Tag: banking

Posted on 13/09/2023

SC quashes criminal proceedings against DBS Bank, says allowing prosecution will be travesty of justice

The Supreme Court has quashed criminal proceedings against the DBS bank in a case of alleged misappropriation of fixed deposits, observing that allowing its prosecution will amount to travesty of just ...

Posted on 13/09/2023

Reliance Retail in talks with Gulf, Singapore funds for $1.5-bn investment: Report

Mukesh Ambani-controlled Reliance Retail is reportedly in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for another round of investments ...

Posted on 13/09/2023

Exclusive: India’s Reliance Retail in talks with Gulf, Singapore funds on $1.5 billion injection

India's Reliance Retail is in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for combined new investments of around $1.5 billion, three ...

Posted on 13/09/2023

Singapore’s Bayfront prices $559m infrastructure asset-backed securities

The Asian Infrastructure Investment Bank (AIIB) participated in the transaction as an anchor investor. Read more at straitstimes.com.

Posted on 13/09/2023

Singapore stocks buck regional decline amid cautious sentiment, STI up 0.1%

Losers beat gainers 308 to 246, after 1.3 billion securities worth $782.7 million changed hands. Read more at straitstimes.com.

Posted on 13/09/2023

Singapore salaries: Majority of companies to increase pay next 12 months, says survey

Findings from a recent SBF survey revealed a generally positive employment outlook, with many companies projecting pay raises. Why?

Posted on 13/09/2023

Singapore’s banking customer experience stagnates in 2023: Forrester

Photo by CEphoto, Uwe Aranas. Source: https://commons.wikimedia.org/wiki/File:Singapore_Marina-Bay-Panorama-04.jpg Since you're here... ...there are many ways you can ...

Posted on 13/09/2023

Forrester’s 2023 Singapore Banking CX Index: Faced With Economic Headwinds, Overall CX Quality Declines

SINGAPORE, Sept. 13, 2023 /PRNewswire/ -- Forrester's (Nasdaq: FORR) 2023 Singapore Banking Customer Experience Index (CX Index™) reveals an overall decline in CX quality amongst multichannel banks, ...

Posted on 13/09/2023

90 cents left in bank account: Pregnant woman loses nearly $60k after falling for tingkat delivery scam

A pregnant woman wanted to get healthier meals but ended up losing her entire savings after falling victim to a scam. The 32-year-old woman, surnamed Yan, had chanced upon a Facebook advertisement of ...

Posted on 13/09/2023

CIMB Hosts WoWeek! in Appreciation of Its Customers’ Support and Trust in the Bank

CIMB Singapore is celebrating its customer appreciation week CIMB WoWeek! from 11 to 15 2023. The week-long event aims to honour and thank its customers who have shown steadfast support in the bank ...

Posted on 13/09/2023

DBS upgrading to Digital Token authentication, replacing SMS OTP

SINGAPORE: From Sept 17, Digital Token authentication will replace SMS OTP authentication progressively, says DBS. And to that, an anonymous participant of Complaint Singapore shared, “Good news for ...

Posted on 13/09/2023

GlobalFoundries chip factory expansion in Singapore to create up to 1,000 jobs | Video

A S$5.4 billion investment by semiconductor multinational GlobalFoundries to expand its factory in Singapore is expected to create up to 1,000 jobs. And Deputy Prime Minister Lawrence Wong is ...

Posted on 13/09/2023

Citibank Singapore is Ranked No. 1 Among Banks for Customer Experience in Report by Independent Research Firm

Citibank was the top-ranked bank for the second time in three years, in an annual Singapore customer experience study by global research and advisory firm Forrester.

Posted on 12/09/2023

Singapore stocks track regional decline, STI falls 0.1%

SINGAPORE stocks ended lower on Tuesday (Aug 12), tracking ... DBS slid 0.7 per cent or S$0.23 to S$33.26. OCBC slid 0.1 per cent or S$0.01 to S$12.52, and UOB was down 0.4 per cent or S$0.12 to ...

Posted on 12/09/2023

NTU, NUS and Temasek to invest $75 mil to drive commercialisation of deep tech ventures

The Nanyang Technological University, Singapore (NTU), the National University of Singapore (NUS) and Temasek have signed a memorandum of understanding (MOU) to embark on a joint $75 million pilot ...

Posted on 12/09/2023

Standard Chartered’s crypto custody arm Zodia launches in Singapore

Zodia Custody owned by Standard Chartered, announced Tuesday that it is launching its services in Singapore for financial institutions.

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