OCBC Bank is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group ... ( read original story ...)
UOB Rewards vs DBS Rewards vs OCBC Rewards Catalogue Review (2018)
I was going to say that "OCBC has the usual shopping malls and departmental store vouchers" but uh... They don't. They legit don't even have Capitaland mall vouchers, which I'd say is a dealbreaker fo... ( read original story ...)
HSBC gets nod to sell Malaysia unit stake to FWD
HONG KONG • HSBC Holdings' Asia-Pacific insurance unit has received ... country by FWD will add to its Asian market footprint that covers Indonesia, Japan, Singapore, the Philippines, Thailand and Vie... ( read original story ...)
Your Savings Account Sucks, Here Are Some That Don’t – 2019 Edition
Standard Chartered interest rates: $3,000 salary credit: 1.1% p.a. $3,000 salary credit + $500 credit card spending: 1.98% p.a. Singapore expats can consider the HSBC Advance account as it’s the only ... ( read original story ...)
Singapore’s transport sector is stuck in a jam: DBS
SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume an... ( read original story ...)
3 stocks to ‘buy’ as O&M sector makes slow recovery: DBS
SINGAPORE (Dec 21): DBS Group Research is keeping its “neutral” stance on the offshore and marine sector amid a slow pick up in new orders. “The overall conventional shipping market is expected to rem... ( read original story ...)
DBS Group Executing On A High-Quality Growth Plan
I was a little concerned about China-related macro risk and efforts to slow/cool Singapore’s housing market in reference to DBS Group (OTCPK:DBSDY) back in August, but the shares have done okay ... ( read original story ...)
Singapore Starts Probing Goldman Sachs for 1MDB Scandal
Singapore’s law enforcement authorities have extended their criminal probe against the Malaysian state investment fund 1Malaysia Development Berhad (1MDB) to include Goldman Sachs, according to a Bloo... ( read original story ...)
Singapore to expand 1MDB criminal probe to include Goldman
U.S. prosecutors say more than $4.5 billion flowed from 1MDB, through a complex web of opaque transactions and fraudulent shell companies, to finance spending sprees by corrupt officials and their ass... ( read original story ...)
Singapore Government to Launch Second Bug Bounty Initiative with HackerOne to Boost Cyber Defences
HackerOne, the leading hacker-powered security platform, today announced it will partner with the Government Technology Agency of Singapore (GovTech) and the Cyber Security Agency of Singapore (CSA), ... ( read original story ...)
Global banks chase Asia techs transaction business, as trade war rumbles
HSBC, for example, which makes the bulk of its ... million ($364 million), five-year asset-backed syndicated loan for Singapore-based ride-hailing service Grab. “We have relationship managers ... ( read original story ...)
HSBC launches mobile collections service in Thailand
HSBC was established as the “first commercial bank” in Thailand in 1888. Singapore-headquartered 2C2P enables payment acceptance through credit and debit cards, ATMs, internet banking and mobile banki... ( read original story ...)
What Shaped the Singapore Stock Market in 2018?
The year is drawing to a close. As a look back to 2018, here are some of the major events that moved the Singapore stock market during the year. 1. In January, Venture Corporation Ltd (SGX: V03) repla... ( read original story ...)
Singapore IPO funds raised in 2018 falls to second lowest since financial crisis
SINGAPORE (Dec 20): Funds raised through initial public offerings (IPOs) in Singapore have fallen to the second-lowest level in a decade since the global financial crisis in 2008, according to a repor... ( read original story ...)
Banks expected to continue to deliver resilient earnings in 2019: DBS
SINGAPORE (Dec 20): DBS Group Research says it expects Singapore banks to deliver “resilient” earnings growth of close to 8% in FY19, following a record year in FY18 with earnings rising 27% y-o-y. “W... ( read original story ...)
Noble Group Says Rescue Is Complete as Singapore Probe Drags On
(Bloomberg) -- Noble Group Ltd. finally completed its mammoth debt-for-equity restructuring, handing control of its assets to creditors as Singapore regulators continue to probe the commodity trader a... ( read original story ...)