The Singapore bank has strengthened its proposition to serve under-represented communities and aligned its own lending operations to make an impact.
What to know about the hotel billionaire ensnared in Singapore’s graft probe
Malaysian property tycoon and hotelier Ong Beng Seng, 77, and Transport Minister S. Iswaran were arrested on July 11 and released on bail, the anti-graft agency said late Friday. The case is the most ...
Carsome waiting for ‘right timing’ for IPO; will launch sales of new EVs: CEO
KUALA LUMPUR] E-commerce platform Carsome is waiting for the “right timing” to revive its dual-listing plans on the Nasdaq in the US and the Singapore Stock Exchange, said chief executive officer Eric ...
Who Is Ong Beng Seng, the Billionaire Caught Up in Singapore’s Historic Corruption Probe?
Singapore’s most serious political graft probe since the 1980s has ensnared a billionaire best known for bringing Formula One racing to the city and who has political ties that go back decades.
Singapore’s Seatrium secures $800m green trade facility from OCBC
Singapore’s Seatrium, the former Sembcorp Marine, has secured a green trade finance facility from compatriot bank OCBC worth an estimated €720m ($808m). The sizable trade facility is claimed to be one ...
Singaporean doctor continues to encounter unauthorised charges despite 3 credit card replacements
A Singaporean doctor experienced unauthorised charges exceeding $3,600, including four transactions to AirAsia, despite her efforts to block and replace her credit card. The case adds to the growing ...
Singapore’s gig workers are its most financially stretched group, DBS study says
The expense-to-income ratio of gig workers was 112% in May 2023 — "significantly higher" than the median customer's 57%, the country's largest bank said.
Singapore Expands Graft Probe to Include Hotel Tycoon Ong
A rare Singapore graft probe involving a cabinet minister widened Friday after a property and hotel tycoon was issued a notice of arrest in connection with the case.
Four individuals imprisoned in Singapore for market-rigging scheme
Four Singapore individuals have been sentenced for manipulating Koyo International Limited's share prices, resulting in approximately $3.28 million losses.
Singapore’s Economy Grew at Faster Pace in Second Quarter
SINGAPORE--Singapore's economy grew at a faster pace in the second quarter, as strong expansion in construction and services-producing industries outweighed a contraction in manufacturing.
Singapore narrowly avoids technical recession in Q2 as GDP grows 0.7% year on year, 0.3% quarterly
SINGAPORE’S economy grew 0.7 per cent year on year in the second quarter of 2023, dragged by a deeper downturn in the manufacturing sector, advance estimates from the Ministry of Trade and Industry ...
Singapore avoids technical recession as economy grows 0.7% year-on-year in second quarter
Singapore’s economy avoided a technical recession in the second quarter, growing 0.7% year-on-year and 0.3% quarter-on-quarter, advanced estimates showed. Economists polled by Reuters expected to see ...
DBS NAMED WORLD’S BEST BANK FOR CORPORATE RESPONSIBILITY BY EUROMONEY
DBS, a leading financial services group in Asia, has been named the World's Best Bank for Corporate Responsibility in the prestigious Euromoney Awards for Excellence 2023. In the same awards, DBS was ...
Singapore’s State-Owned Investment Firm Vertex Venture Holdings Raises Over $900M For Its Latest Fund
Temasek Holdings Ltd., Singapore's state-owned investment firm, has raised over $900 million via its venture capital unit — Vertex Venture Holdings — for its latest fund, as reported by Nikkei Asia.
Citi PremierMiles Card Review—Citi Miles That Never Expire
The Citi PremierMiles Card used to be in the spotlight for the longest time: It was considered one of the most popular Citibank credit cards, and once upon a time, some even regarded it as the best ...
Month-long police-DBS operation prevents 3,900 from losing over $21 million through scams
SINGAPORE - A month-long joint operation by the Singapore Police Force (SPF) and DBS bank prevented more than 3,900 victims from losing over $21 million through scams, the police said on Thursday.