When a woman told a bank teller that she wanted to remit $5,000 to an individual in Jakarta to help a friend in Turkey, the bank teller felt something was amiss and informed her supervisor. Ms Kristie ... ( read original story ...)
Digital RM app launched by Standard Chartered Bank for its affluent customers
The digital RM app allows the banks affluent customers to bypass border restrictions to interact directly with relationship managers The post Digital RM app launched by Standard Chartered Bank for its ... ( read original story ...)
OCBC creates new COO role to drive transformation effort
Oversea-Chinese Banking Corporation Limited (“OCBC Bank”) today announced the creation of a new role, Group Chief Operating Officer (“Group COO”), for a unified leadership to drive and accelerate ... ( read original story ...)
OTS Holdings debuts on SGX Catalist board at 30.4% above IPO price
It has targeted the growing halal food market through retail brand El-Dina and food-service brand Kizmiq through its subsidiary, Ellaziq Singapore. As at 9.15am, the counter was trading 28.3 per cent, ... ( read original story ...)
DBS to be anchor investor in a special situations opportunities debt fund by Muzinich Asia Pacific
DBS announced on Thursday that it will be the anchor investor into a special situations opportunities private debt fund by Muzinich Asia Pacific.. Read more at straitstimes.com. ( read original story ...)
Standard Chartered to hire, promote 3,000 as it targets business clients, rising incomes in Asia
Standard Chartered is seeking to service clients across their life cycles, from affluent to ultra-high net worth customers, as part of its push to cater for wealthy clients in Asia. ( read original story ...)
Stock Market Today: SGX Nifty tanks 115 points; Asian markets weak as US Fed signals rate hikes in 2023
Nifty futures on Singapore Exchange traded 115 points, or 0.73 per cent, lower at 15,660.50, signaling that Dalal Street was headed for a gap-down start on Thursday. Nifty50 snapped a four-day winning ... ( read original story ...)
Singapore Central Bank Extends US$60B Swap Facility With Federal Reserve
By Ronnie Harui Singapore's central bank said it has extended the US$60 billion swap arrangement with the U.S. Federal Reserve through Dec. 31, 2021. ( read original story ...)
Fitch Rates UOB’s SGD600 Million Additional Tier 1 Capital Securities Final ‘BBB+’
The rating action follows the receipt of final documents conforming to information previously received. The final rating is the same as the expected rating assigned on 15 June 2021. The securities are ... ( read original story ...)
UOB to pilot digital bond offering on Marketnode
UOB has become the first bank in Singapore to run its latest bond offering using a distributed ledger platform developed by Singapore Exchange and Temasek. ( read original story ...)
Singapore finance minister says city-state could become a regional hub for green finance
Singapore is investing in renewable energy and decarbonization technologies, and is considering a range of criteria for bonafide green investments. ( read original story ...)
Singapore’s Total Population Grew Around 1.1% a Year During 2010-2020
By Ronnie Harui Singapore's total population grew around 1.1% a year between 2010 and 2020, the Department of Statistics said in a press release ... ( read original story ...)
Singapore exchange aims to boost tainted carbon markets
Climate Impact X (CIX), backed by the Singapore stock exchange, the city-state's main investment ... The region still relies heavily on coal for power, making a high-quality carbon market vital for ... ( read original story ...)
S’pore financial exchange that aims to boost tainted carbon markets set to launch
However, it may struggle to convince sceptics of the value of controversial carbon offsets.. Read more at straitstimes.com. ( read original story ...)
Prime Day 2021 Deals Preview: Two Days, More Than 2 Million Deals, Starting June 21 in Singapore
Prime members can expect more than 2,500 deals from small businesses this Prime Day including Love From Yours, Oddbods, Happyganics, IDS Skincare, CATKIN, and more Stay tuned for the Prime Day Show ... ( read original story ...)
SGX Nifty down 20 points; here’s what changed for market while you were sleeping
Asian stock markets were trading mixed in early trade, as investors stayed on the sidelines ahead of the US Federal Reserve's meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was ... ( read original story ...)