HSBC Holdings Plc said it was deceived by oil tycoon Lim Oon Kuin and his children as civil lawsuits brought by the bank and liquidators of his collapsed fuel trading empire kicked off in Singapore.
RM5.2bil investments in digital economy from China, Singapore
Communications and digital minister Fahmi Fadzil says the commitments were made by five companies from each country.
Teenagers among 10 suspects arrested over links to Android banking-related malware scams
SINGAPORE: Teenagers were among 10 people arrested for their suspected involvement in a recent spate of banking-related malware scams targeting Android users. The youngest suspect nabbed during a two ...
Liquidators want oil tycoon OK Lim and his 2 children pay S$4.7 billion to repay creditors
SINGAPORE: The civil trial against billionaire Lim Oon Kuin and his son and daughter began on Aug 10 (Thursday). The liquidators of Lim’s oil trading company seek to recover S$4.7 billion to pay off ...
DBS/POSB rolls out $40m suite of measures to ease cost of living pressure for low income households
A 2.6% interest rate loan package from POSB will be extended to the end of December to allow more sign-ups. Read more at straitstimes.com.
DBS/POSB launches S$20 transport rebates & enhanced home loans, savings programme for low-income S’poreans
In June, it started a S$2 weekly allowance subsidy to reduce expenses among students who use POSB Smart Buddy for their transactions. The first 15,000 students who cumulatively spend S$2 within the ...
Police arrest 10 suspects linked to Android banking malware scams
The youngest suspect is 16 years old. Six other people are assisting with investigations. Read more at straitstimes.com.
Looking for income? You should invest in Singapore
Panics are usually kind to the income-seeking investor. Everything sells off hard even good-quality, high-dividend stocks sell off to the kind of levels you don't see in a regular bear market.
Singapore to hold presidential election on September 1 if multiple candidates qualify
Former PAP minister Tharman Shanmugaratnam, ex-state fund investment chief Ng Kok Song and business executive George Goh are among those eyeing the largely ceremonial role Tharman passes all criteria ...
This bank’s new app security feature irks customers
OCBC introduces a security feature that locks out access if it detects mobile apps downloaded from unofficial app stores on the user's phone. The bank cites the need to safeguard against malware but ...
Standard Chartered Bank appoints first head of social sustainability
Standard Chartered Bank has appointed its first head of social sustainability ... business and partnerships to boost the bank’s social impact. The job is based in Singapore, StanChart’s regional ...
DBS pledges $1b over 10 years to help vulnerable families in key markets, including S’pore
DBS will pledge up to $100 million a year in Singapore, China, Indonesia, India, Hong Kong and Taiwan. Read more at straitstimes.com.
Using ETFs to Ride on Singapore’s Economic Growth
And as an investor living in one of the world’s strongest economies, we can definitely ride on Singapore’s economic growth – especially for those seeking growth and income returns on your investment ...
Singapore bank DBS commits up to $741 mln for charity over next decade- CEO
SINGAPORE, Aug 11 (Reuters) - Singapore's biggest bank DBS Group (DBSM.SI) will commit up to S$1 billion ($741.29 million) over the next 10 years to help improve the livelihoods of the low-income and ...
CNA Explains: Slump and recovery – what is the current state of the Singapore economy?
Singapore narrowed its projection for economic growth in 2023 on the back of a weak outlook for external demand.
Lim Tean advocates for Tan Kin Lian: A visionary leader for Singapore’s Presidency
In his speech at Mr Tan Kin Lian's launch of his presidential bid, Mr Lim Tean passionately championed the need for a truly Independent President. Highlighting Mr Tan Kin Lian's unique credentials and ...