While the integration of UPI and PayNow will make remittances cheaper, more needs to be done from an operational, data privacy policy and governance point of view to affect real impact—an analysis of ...
Singapore fund seeks $168m to provide millions of stoves to poor families in India and Africa
The stoves will provide better combustion and cut by half toxic smoke emissions. Read more at straitstimes.com.
Man involved in scams where $5 million was lost allegedly paid others to give up bank accounts
SINGAPORE - A 20-year-old man, suspected to be involved in procuring bank accounts for criminal activities, allegedly paid others to get them to give up their accounts. Read more at straitstimes.com.
More than 3,800 riders have signed up for OCBC Cycle 2023 in just three weeks
The event, to be held on 6 and 7 May, is returning in full physical format for the first time since 2019. Read more at straitstimes.com.
Najib knew about ‘obscured’ 1MDB transactions through S’pore bank: Witness
Former prime minister Najib Abdul Razak had knowledge about the flow of 1MDB funds through an “obscured” route in the Singapore branch of BSI Bank, the bank's former employee testified. The bank’s ...
UOB completes deal for Citi’s Vietnam consumer banking business
Citigroup said on Wednesday that it had completed the sale of its Vietnam retail banking and consumer credit card businesses to Singapore's United Overseas Bank in a transaction expected to result in ...
Stock Market Live: SGX Nifty indicates a negative open for Sensex and Nifty 50
Indian equity benchmarks NSE Nifty 50 and BSE Sensex are expected to open lower on Wednesday tracing global cues. Singapore Exchange Nifty futures, an early indicator of the Nifty index, was trading ...
Singapore: MAS Imposes Due Diligence Requirements for Corporate Finance Advisers
MAS issued a Notice imposing mandatory baseline standards of due diligence and conduct requirements "for corporate finance (CF) advisers." ...
Singapore banks face slowing loan growth
The three local banks face a continued slowdown in loan growth and higher credit costs in 2023 but their earnings will stay buoyant, analysts tells The Straits Times.
In Your Opinion: How financially literate are Singapore’s youth?
Why youth do not want financial advice from a 'suit', but from those they can identify with. Read more at straitstimes.com.
Singapore vows to keep economy competitive despite global headwinds
SINGAPORE - Even as the economic landscape becomes more challenging, Singapore will spare no effort to remain a competitive global business hub, said Minister for Trade and Industry Gan Kim Yong on ...
UOB allegedly demands fraud victim to pay for unauthorized transactions and freezes bank account
The Online Citizen Asia UOB allegedly demands fraud victim to pay for unauthorized transactions and freezes bank account Consumer Watch ...
Singapore extends investment promotion tax incentives; raises quantum for Global Investor Programme
SINGAPORE is extending several investment promotion tax incentives for another five years, even as it prepares to implement global tax rule changes. But separately, individuals will need to invest ...
Stock Market LIVE Updates: Sensex rises 100 pts, Nifty above 17,400; ZEEL jumps 4%, Adani Ent sheds 5%
Nifty futures on the Singapore Exchange traded 7.5 points, or 0.04 per cent, higher at 17,495.50, signaling that Dalal Street was headed for a muted start on Tuesday. In a sign of weakness at higher ...
163 IPOs in Southeast Asia in 2022
IPO fundraising was subdued in Southeast Asia last year, as Vietnam saw eight successful IPOs while raising $71 million.
Jail for SG national serviceman who stole subordinate’s mobile phone, accessed and emptied victim’s bank account
A full-time national serviceman (NSF) with the Singapore Civil Defence Force (SCDF) was at his workplace when he stole his subordinate’s mobile phone and accessed the latter’s bank account.