Three Singapore banks — DBS Group, OCBC Bank and United Overseas Bank — have a combined exposure of at least US$600 million. DBS has the highest exposure at around US$290 million, OCBC Bank is owed ... ( read original story ...)
Standard Chartered donates $1m to help Singapore community respond to Covid-19
SINGAPORE (THE BUSINESS TIMES) - Standard Chartered has made a $1 million donation in Singapore as part of its US$50 million (S$71 million) global assistance fund to help communities deal with ... ( read original story ...)
Singapore giant oil trader Hin Leong, Ocean Tankers apply for court protection from creditors
HSBC is the bank with the biggest exposure to Hin Leong at US$600 million, followed by ABN Amro at US$300m. Three Singapore banks - DBS Group, OCBC Bank and United Overseas Bank - reportedly have a ... ( read original story ...)
Singapore’s Temasek rebuts claim CEO Ho Ching gets S$100 million salary
Temasek manages a portfolio that’s valued at S$313 billion as of March 2019. It’s the biggest stakeholder in half of the country’s 10 largest companies by market value, including flag-carrier ... ( read original story ...)
Singapore stock watch: Singapore banks see surge in loan applications from small businesses
SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their shares on Thursday (April 16): DBS, OCBC, UOB: Singapore's Big Three banks saw a surge in ... ( read original story ...)
Singapore Cases Surge, Germany’s Rise Most in Week: Virus Update
President Donald Trump said the U.S. has enough testing capacity to allow for a phased reopening of the economy, and that he’s “not happy” with China over the country’s early actions to deal with the ... ( read original story ...)
Sustainability, data key to survival for new players eyeing Singapore’s digital bank market
Singapore last June announced plans to issue up to five digital bank licenses as part of efforts to add market diversity and boost the banking system in the country, as it looked to become a digital ... ( read original story ...)
Coronavirus: Sports Hub’s OCBC Arena, selected ActiveSG indoor halls to house foreign workers
the Singapore Sports Hub and national agency Sport Singapore (SportSG) will use some of their venues to accommodate foreign workers who provide essential services, and do not have Covid-19 symptoms. ( read original story ...)
Singapore Sports Hub unveils unique virtual workout experience
The Singapore Sports Hub announces a unique virtual workout experience through a new online series of daily fitness programmes to be launched on 17th April. These curated workout sessions in 7-minute ... ( read original story ...)
Best Grocery Credit Cards in Singapore 2020
Shoppers also enjoy 5% cashback on Grab rides and all taxi rides in Singapore (the same minimum spend applies ... If you don’t have a favourite supermarket chain and just prefer a good general ... ( read original story ...)
Singapore stock watch: DBS, OCBC, UOB, ComfortDelGro, Yangzijiang, Perennial
SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their securities on Friday (April 17): DBS, OCBC Bank, United Overseas Bank (UOB): Singapore's ... ( read original story ...)
Singapore Cases Jump; China Economic Data Awaited: Virus Update
The Trump administration issued guidelines that could allow states and employers to abandon most social distancing practices within a month.The U.S. steps toward reopening the economy sparked an ... ( read original story ...)
Singapore Bourse May Extend Thursday’s Gains
Genting Singapore advanced 1.34 percent, SembCorp Industries added 1.24 percent, CapitaLand Mall Trust and Mapletree Commercial Trust both gained 1.14 percent, SingTel retreated 1.07 percent, Ascendas ... ( read original story ...)
Globalization Partners to Credit Singapore Payroll Funds to Clients
Globalization Partners, which enables companies to hire and retain global team members without setting up complex international legal infrastructures, today announced it will issue a payroll credit to ... ( read original story ...)
Coronavirus: DBS, Singtel rally to help front-line workers and vulnerable groups
SINGAPORE - DBS Bank and SingTel are helping front-line workers, non-profit organisations and marginalised communities hit by fallout from Covid-19. DBS is outlaying $2.5 million to help feed ... ( read original story ...)
Singapore stock watch: DBS, OCBC, UOB, SIA, StarHub, CDL, Mapletree Industrial Trust
SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their shares on Thursday (April 16): DBS, OCBC, UOB: Singapore's Big Three banks saw a surge in ... ( read original story ...)