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Tag: finance

Posted on 27/04/2021

Man admits to role in scam to dupe financial institutions of $424 million in loans

The former chief financial officer of Coastal Oil (Singapore) received benefits totalling about $325,000 in all.. Read more at straitstimes.com. ( read original story ...)

Posted on 26/04/2021

Singapore Charges Envy’s Ng for Allegedly Forging Bank Documents

Singapore has brought charges of forging bank documents against a businessman who has already been accused of allegedly raising at least S$1 billion ($754 million) from investors for commodity trades ... ( read original story ...)

Posted on 26/04/2021

Singapore: Inflation risks remain benign – UOB

Barnabas Gan, Economist at UOB Group, reviews the recently published inflation data in Singapore. Key Quotes “Singapore’s consumer price index rose for the fourth straight mon ... ( read original story ...)

Posted on 26/04/2021

Singapore businessman linked to alleged fraud of record $1 billion hit with 2 more charges

With the latest charges, he now faces a total of 11 counts of cheating, fraudulent trading and forgery.. Read more at straitstimes.com. ( read original story ...)

Posted on 26/04/2021

Singapore puts intellectual property focus on innovation, intangible assets

IP roadmap puts emphasis on the role of innovation in driving its digital economy, with anticipated legal changes involving the use of big data and artificial intelligence technologies. ( read original story ...)

Posted on 26/04/2021

Resurgence of scam targeting bank customers who are told their accounts have been suspended: Police

These spoofed messages appear in the same thread as the official messages from local banks.. Read more at straitstimes.com. ( read original story ...)

Posted on 26/04/2021

Citibank India Can Be Sold To This Singapore Based Bank As Advanced Talks Are On

Many banks including DBS Bank India Limited are interested in CitiBank's credit card business in India, which had 26.4 lakh customers as of February 2020. ( read original story ...)

Posted on 26/04/2021

10-year plan to boost Singapore’s position as hub for intangible assets and intellectual property

Its initiatives include creating jobs and skills in the intangible assets and intellectual property sector.. Read more at straitstimes.com. ( read original story ...)

Posted on 26/04/2021

Philippine noodle-maker Monde Nissin receives PSE nod for $1.3bn IPO

Food maker Monde Nissin has received approval from the Philippine Stock Exchange for its planned initial public offering that could raise 63 billion pesos ($1.3 billion) in what will be the country's ... ( read original story ...)

Posted on 26/04/2021

SG police: Resurgence of scam targeting bank customers who are told their accounts have been suspended

A scam where customers receive an SMS message claiming their bank accounts have been suspended has resurfaced here, the police said on April 26. ( read original story ...)

Posted on 26/04/2021

Edtech startup upGrad secures funding from Singapore state investor Temasek

Edtech firm upGrad said on Monday it has raised $120 million (Rs 898 crore) from Singapore state investor Temasek in its first ... ( read original story ...)

Posted on 26/04/2021

‘Our main competitor is cash in the bank,’ says Singapore digital wealth manager

Michele Ferrario, co-founder and CEO of StashAway, says his company's biggest competitor is "cash in the bank" as the digital wealth manager raises $25 million in series D funding to expand across ... ( read original story ...)

Posted on 26/04/2021

DBS to offer green renovation loan for eco-friendly homes

SINGAPORE - Property owners looking to have a more eco-friendly home may be able to take up a green renovation loan from DBS.. Read more at straitstimes.com. ( read original story ...)

Posted on 26/04/2021

Want eco-friendly home? DBS’ green renovation loan can help

Property owners looking to have a more eco-friendly home may be able to take up a green renovation loan from DBS Bank.. Read more at straitstimes.com. ( read original story ...)

Posted on 25/04/2021

HSBC, Standard Chartered give investors glimpses of their cost cuts and bets on Asia when they post first-quarter results this week

Investors will be watching this week to see whether historically low interest rates gash the bottom lines of Hong Kong's banks in the first quarter as economic conditions in the city begin to ... ( read original story ...)

Posted on 25/04/2021

Standard Chartered-backed virtual bank Mox wants to double its customer base in 2021, CEO says

Mox Bank, the virtual lender backed by Standard Chartered, expects to double its customer base this year having eclipsed 100,000 account holders in just eight months since its official debut, ... ( read original story ...)

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