The Regional Comprehensive Economic Partnership (RCEP) trade deal is still on track to be signed by the end of 2020, Singapore's Minister of Trade and Industry Chan Chun Sing said on Sunday. RCEP ... ( read original story ...)
Spain Allows Outdoor Exercise; Singapore Easing: Virus Update
The U.S. Food and Drug Administration cleared Gilead Sciences Inc.’s experimental antiviral drug, remdesivir, for emergency use and Japan began a special approval process for the treatment. It’s the ... ( read original story ...)
Drop off Solidarity Payment cheques at banks, advises UOB
Singaporeans who receive their $600 Solidarity Payment by cheque are encouraged to drop it off into their banks' cheque deposit boxes as a safe and easy way of accessing their payouts.. Read more at ... ( read original story ...)
Asia gold demand steady in Singapore, little action elsewhere
Physical bullion demand was steady in Singapore this week as investors sought cover from economic uncertainties due to the coronavirus, while activity wound down in top hub China ahead of a public ... ( read original story ...)
Solidarity Payment cheques can be encashed at designated UOB branches and community centres
Singaporeans who receive their $600 Solidarity Payment by cheque will be able to encash these at community centres and United Overseas Bank (UOB) branches.. Read more at straitstimes.com. ( read original story ...)
Singapore: Unemployment expected to rose to 3.5% – UOB
Singapore’s overall unemployment rate rose to 2.4% in the first quarter of 2020, according to preliminary estimates by the Ministry of Manpower. Higher unemployment rates for both residents (from 3.2% ... ( read original story ...)
Western Union Launches Singapore Labour Day Zero-Fee Offer
To celebrate Labour Day and the contribution of the international and national community of workers in Singapore, Western Union, a leader in cross-border, cross-currency money movement and payments, ... ( read original story ...)
Deep Dive: How FIs, Customers Are Navigating The Coronavirus-Inspired Spike In Digital Banking Demand
This Deep Dive examines how consumers are approaching digital banking and how FIs are leveraging digital channels to prevent service gaps during the pandemic. ( read original story ...)
DBS unveils new financial advisory app
All five million DBS/POSB customers can now access DBS’ new digital financial planning solution NAV Planner within their internet and mobile banking accounts. ( read original story ...)
Shopee announces S$1 million Seller Support Package to help local businesses in Singapore amidst COVID-19 pandemic
Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, has today announced the launch of the Shopee Seller Support Package (SSSP), created to help local sellers and small and medium ... ( read original story ...)
Here’s how Luckin Coffee, the ‘poster child’ and ‘dream client’ of Credit Suisse, turned into the bank’s worst nightmare
Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee's billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group."I've had I don't know how many ... ( read original story ...)
DBS first-quarter profit slumps to 2-1/2-yr low on virus loan loss provisions
"We will maintain a solid balance sheet with ample capital, liquidity and loss allowance reserves that give us strong buffers to absorb external shocks," DBS CEO Piyush Gupta said in a statement on ... ( read original story ...)
Is Now The Time To Look At Buying Boustead Singapore Limited (SGX:F9D)?
I find that Boustead Singapore’s ratio of 10.02x is trading slightly below its industry peers’ ratio of 11.64x, which means if you buy Boustead Singapore today, you’d be paying a decent price for it. ( read original story ...)
Credit Suisse ‘Dream’ Client Luckin Coffee Becomes Nightmare
Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee Ltd.’s billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group AG.“I’ve had I don’t know ... ( read original story ...)
Credit Suisse ‘Dream’ Client Becomes Nightmare in Luckin Scandal
Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee Ltd.’s billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group AG.“I’ve had I don’t know ... ( read original story ...)
Singapore stock watch: Sheng Siong, DBS, UOB, OCBC, SIA, Ascendas Reit, Dairy Farm
The following companies saw new developments that may affect trading of their shares on Wednesday (April 29):. Read more at straitstimes.com. ( read original story ...)