Outgoing OCBC chief Samuel Tsien took home a total salary of $8.6 million in 2020, about 22.5 per cent lower than $11.1 million in 2019, the bank's annual report showed on Monday (April 5).. Read more ... ( read original story ...)
In a year of lockdown, Singapore’s food delivery apps may have cost users 9% to 20% extra per order
For example, the POSB Everyday Card offers an 8per cent rebate when you use it to pay for online food delivery and dining. We simulated 60 orders from 20 restaurants in Singapore across GrabFood, ... ( read original story ...)
Singapore stock preview: DBS Group, Keppel, Thai Beverage
DBS announced last Thursday (01 April 2021 ... opportunities predominantly in commercial real estate in key cities in Japan and China, as well as in Singapore. ‘The abovementioned separate account ... ( read original story ...)
All You Need To Know Going Into Trade On April 5
The Singapore-traded SGX Nifty ... s expectations of strong U.S. economic momentum,” said Eric Robertsen, chief strategist at Standard Chartered Bank, in a client note. “But the market has also priced ... ( read original story ...)
More upside to equities, aided by ample liquidity
As Mr Geoff Howie, market strategist at the Singapore Exchange noted, the key driver for the STI's performance was the three banks, which together account for 40 per cent of the STI. "The trio of DBS, ... ( read original story ...)
Freezing of bank accounts amounts to harassment, says Chinese firm ByteDance
An Indian tax intelligence unit in mid-March ordered HSBC and Citibank in Mumbai to freeze bank accounts ... financial dealings between ByteDance India and its parent entity in Singapore, TikTok Pte ... ( read original story ...)
ByteDance says India’s freeze on bank accounts is harassment: Report
None of ByteDance India’s employees have been paid their March salaries due to the account freeze, said two people familiar with the matter. ( read original story ...)
Best bill & tax payment services that still earn you rewards & miles in Singapore
SC EasyBill is Standard Chartered Bank’s rendition of Citi PayAll. It lets Standard Chartered credit cardmembers earn cashback, 360° reward points or bonus interest when they make eligible payments to ... ( read original story ...)
After a year of hybrid working, companies and workers in Singapore grapple with possible return to daily office life
Charlotte Thng, Standard Chartered’s head of human resources for the Singapore, Australia and Asean markets, said that although flexible work arrangements had been available in the bank for many years ... ( read original story ...)
Standard Chartered Bank Wins IDC’s ‘2021 Smartest Bank in Asia’ Award with SAS Solution
Standard Chartered Bank (sc.com) has been awarded IDC’s “2021 Smartest ... SAS gives you THE POWER TO KNOW®. Contact: Cherie Ho - SAS Singapore P: +65 6398 3385 - E: cherie.ho[.]sas.com. ( read original story ...)
Singapore-based Atome Financial acquires Indonesian financing company
In its statement, the Singapore company said the deal will allow it to expand ... Wawan, a career banker, has previously worked at Citibank, ABN Amro, and HSBC. Before becoming CEO of Atome Financial ... ( read original story ...)
Singapore FinTech Endowus raises $17m in series A funding round
“We began “Day 1” with the mission to solve the greatest challenges and problems of wealth and finance such as retirement adequacy. As the first-and-only CPF digital advisor and now the fastest ... ( read original story ...)
Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery
Frontier Airlines and Sun Country have raised hundreds of millions in IPOs a year after the Covid-19 pandemic crushed air travel. ( read original story ...)
NSE-BSE bulk deals: Nomura Singapore buys additional stake in SEAMEC
Shares of SEAMEC ended 1.5 per cent higher at Rs 444.9 on the NSE. Reuters Standard Chartered sold 318,418 shares of Wheels India at Rs 452.7 apiece through a bulk deal on the NSE. at Rs 450 per share ... ( read original story ...)
DBS co-leads $625m finance deal in Indonesia battery metals project
Singapore bank DBS Group said on Thursday it has co-led a group of lenders in a $625 million financing deal for a battery nickel and cobalt project in Indonesia. The project by PT Halmahera Persada ... ( read original story ...)
Wilmar obtains second sustainability-linked loan from OCBC totalling US$150 mil
Wilmar International has secured a US$150 million ($202.15 million) sustainability-linked loan from OCBC Bank.Under the three-year facility, the interest rate will be reduced on a tiered basis if ... ( read original story ...)