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Tag: banking

Posted on 10/11/2025

UOB demands $74.6 million payment from former Cathay Cineplexes operator mm2 Asia

The sum is roughly three times the size of mm2 Asia’s $26 million market value. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 10/11/2025

UOB could be Singapore’s top ‘value-up’ play

DBS likely to outperform despite its seemingly high valuations, while OCBC may come to be viewed as the main value play among the 3 Singapore banks Read more at The Business Times.

Posted on 10/11/2025

Former Cathay Cineplexes operator mm2 Asia hit with $74.6m demand from UOB

UOB has demanded repayment of about $74.6 million from entertainment group mm2 Asia and several of its units, the entertainment group said in a bourse filing on Nov 10.mm2 Asia and its subsidiaries — ...

Posted on 10/11/2025

DBS boosts corporate client support with generative AI-powered virtual assistant

The enhanced DBS Joy chatbot fields round-the-clock queries from corporate clients, including SMEs, improving satisfaction scores by 23% during trials.

Posted on 10/11/2025

DBS Freezes Hiring for AI-Vulnerable Roles, Commits to Upskilling 13,000 Employees

DBS is retraining staff and cutting contract roles as AI reshapes jobs, shifting workers toward digital and advisory roles.

Posted on 10/11/2025

AI, Tokenisation and Quantum Tech to Define Future of Finance at SFF 2025

Singapore Fintech Festival 2025 marks its 10th year, exploring how AI, tokenisation and quantum tech are shaping global finance.

Posted on 10/11/2025

Yangzijiang Financial shares down 56% on ex-entitlement to YZJ Maritime shares

Financial Holdings dove by over 56 per cent on Monday (Nov 10) morning, amid recent developments such as a cancellation of an electric-vehicle (EV) battery deal... Read more at The Business Times.

Posted on 10/11/2025

UOB issues S$74.6 million payment demand to mm2 Asia

[SINGAPORE] Entertainment group mm2 Asia : 1B0 0% on Monday (Nov 10) said in a bourse filing that it and its subsidiaries have received letters of demand from UOB for about S$74.6 million in total.

Posted on 09/11/2025

Best fixed deposit rates in Singapore (November 2025): Minimum deposits from $500, rates up to 1.60%

If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again.A fixed deposit (also known as a time deposit) account is a type of bank account that pays account ...

Posted on 09/11/2025

Best bank offers in Singapore (November 2025): Win a XPeng G6 electric car, a $20k dream holiday and more

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don't end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

Posted on 08/11/2025

Best credit card promotions in Singapore (November 2025): Citibank, DBS, HSBC, UOB, and more

This November, sign up for a credit card and you could walk away with welcome gifts like:$20,000 Dream Holiday1-night stay at Capella Singaporeup to 110,000 Membership Rewards® points from American ...

Posted on 08/11/2025

UOB third-quarter profit tumbles 72% as bank hikes allowances by $1 billion

The jump in allowances is like "buying insurance”, putting UOB in a stronger position and avoiding forced property sales. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/11/2025

Singapore High Commissioner Visits Invest UP

Singapore High Commissioner Simon Wong visits Invest UP, exploring investment opportunities in Uttar Pradesh. Focus on infrastructure, EoDB, and Noida Airport.

Posted on 07/11/2025

Singapore FinTech Festival 2025 will start on Nov 12 at Singapore EXPO

The 10th edition of the Singapore FinTech Festival (SFF), a global event where policy, finance and technology communities converge, will be kicking off next week from Nov 12 to 14 at the Singapore ...

Posted on 07/11/2025

DBS Foundation donates record $14.5m to ITE to help lower-income students

Funding will provide 24,000 study awards over three years Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 07/11/2025

DBS halts hiring, retrains staff as AI reshapes banking jobs; Alleged scam kingpin betrayed by his own trusted aide in Singapore family office: Singapore live news

DBS halts hiring for roles AI may replace, retrains staff for future jobs. Alleged scam tycoon Chen Zhi scammed by his own aide in ironic Singapore twist.

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