About 700 victims were safeguarded from potential loss. Oversea-Chinese Banking Corporation (OCBC Bank) and the Anti-Scam Centre (ASC) of the Singapore Police Force conducted a one-month operation ...
UOB sets new tech and innovation hub in Punggol Digital District
This is the first Singapore local bank to establish a presence in the district. United Overseas Bank (UOB) looks into investing in a S$500m (US$375) infrastructure, which will set foot in JTC’s ...
UOB to invest $500m in smart-tech business district in Punggol
By end 2026, the bank will take up one of five initial tower blocks that will be built in the Punggol Digital District (PDD) under JTC’s master plan Read more at straitstimes.com.
Singapore Central Banker Menon Set to Leave; Chia Taking Top Job
Ravi Menon, the Monetary Authority of Singapore’s longest-serving chief, is poised to leave the central bank this year, according to people familiar with the matter.
Where to invest if MAS eases monetary policy in October
Assets like bonds and gold will be a safe haven for investors. An expert from StashAway said there is a possibility that the Monetary Authority of Singapore (MAS) will ease its policy in October 2023 ...
UOB to invest more than $500 mil into innovation centre within JTC’s Punggol Digital District
JTC’s 50 ha Punggol Digital District (PDD), the bank announced on April 18. The centre will be home to UOB’s digital platform, UOB TMRW, and The FinLab, an accelerator focused on digitalisation and ...
DBS initiates coverage on Credit Bureau Asia with ‘hold’ call and $1.02 target price
Potential catalysts can come from new license wins and strategic expansion plans into markets such as Vietnam and China.
Standard Chartered Vietnam partners with MISA to launch digital financing for SMEs
Standard Chartered Vietnam announced the launch of its strategic partnership with MISA JSC on April 14, witnessed by the management teams from both companies, clients, and journalists. This ...
UOB and Lazada form strategic partnership to grow digital ecosystem in Southeast Asia with enhanced payments and financial services
UOB and Lazada Group have entered a Memorandum of Understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets, ...
Singapore’s Green Finance Industry: Challenges and Solutions
Singapore is a world leader in the field of green finance, and it has a strong ecosystem made up of initiatives from the public and private sectors as well as financial institutions. Due to its ...
UOB, Lazada sign MOU to collaborate on co-branded cards, loans to merchants
Lazada Group have signed a memorandum of understanding (MOU) to collaborate on retail products and banking solutions for their combined customer base in Singapore, Malaysia, Indonesia, Thailand and ...
UOB Kay Hian maintains ‘buy’ call on Civmec, latest contract brings orderbook to A$1.2 bil
In addition, Civmec, chaired by James Fitzgerald, also one won its single largest maintenance projects in the aluminium sector from Queensland Aluminium, thereby adding to the stream of recurring ...
Singapore concept of meritocracy too narrow, need to refresh mindset on schools and grades: DPM Wong
Deputy Prime Minister Lawrence Wong's speech covered five key shifts in Singapore's refreshed social compact, including new approaches on skills, social support and caring for seniors, a new ...
Alibaba’s Logistics Affiliate Cainiao Targets International Expansion Amid IPO Preparation
“Brands might use Cainiao only in their initial phase of expansion,” says Ke Yan, Singapore-based head of research at DZT Research. “When they grow really big in a certain market, they might need to ...
Singapore’s Policy Pause Sets Stage for Local Dollar as Funding Currency, HSBC Says
The Monetary Authority of Singapore’s policy pause last week paves the way for the local dollar to become a funding currency, according to HSBC Holdings Plc.
OCBC and police joint operation prevents 700 scam victims from further $12.6m losses
Live interventions were carried out during a recent month-long joint operation by the Singapore Police Force’s Anti-Scam Centre (ASC) and OCBC Bank to prevent losses of more than $12.6 million for ...