Major banks in Singapore will phase out the use of one-time passwords (OTPs) for bank account logins by customers who are digital token users.
HSBC fined S$4.15M for offering incentives to unregistered intermediaries in MPF scheme
The MPFA highlighted that HSBC's actions “did not comply” with the Mandatory Provident Fund Schemes Ordinance's conduct requirements ...
P1-B moved from foreign banks to poll exec’s offshore accounts – Marcoleta
At least P1 billion worth of funds were transferred from different banks, including those based in South Korea, to 49 offshore accounts supposedly linked to a ...
DBS CEO says Trump will be open to cutting deals, which could suit China
SINGAPORE: DBS CEO Piyush Gupta said on Tuesday (Jul 9) that US presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China. Gupta, who made the comments in ...
With The Stock Down 14% Year, Will Strong Singapore Business Drive LVS Stock Higher Post Q2?
Las Vegas Sands is expected to publish its Q2 2024 results around mid-July. We expect revenues to come in around $2.85 billion, about 11% higher than last year and..
Singapore stocks rally in tandem with most regional markets; STI closes 0.6% higher
SINGAPORE - The Straits Times Index (STI), cued by record-high closings on Wall Street overnight, rose 21.62 points or 0.6 per cent to 3,426.09 on July 9. The S&P 500 and Nasdaq closed 0.1 per cent ...
DBS CEO says bank hunting for bolt-on deals, not game-changing ones
DBS Group is looking for bolt-on acquisitions that would support its geographic and business strategy but has ruled out making a major buy to save itself from distraction, Piyush Gupta, CEO of the ...
Bank Negara likely to leep OPR at 3% on Thursday – StanChart Singapore
StanChart Singapore said it will also monitor changes in BNM’s assessment of the ringgit after the central bank said in a note in May that "the ringgit currently does not reflect Malaysia’s economic ...
BNM LIKELY TO KEEP OPR AT 3.0 PCT ON THURSDAY — STANCHART SINGAPORE
says Standard Chartered Bank (Singapore) Ltd (StanChart Singapore). However, the bank said it will watch for any tweaks to BNM’s inflation outlook given the diesel subsidy rationalisation, which was ...
OCBC unveils financial programme for SG’s 36,000 property agents
It offers preferential home rates and bonus interest, amongst others. OCBC has launched OCBC PartnerCare, a financial and personal wellness programme aimed for the financial needs of property agents ...
REUTERS NEXT-DBS CEO says Trump will be open to cutting deals, which could suit China
SINGAPORE (Reuters) -Singapore bank DBS Group's CEO Piyush Gupta said on Tuesday U.S. presidential candidate Donald Trump, if he wins, would be open to cutting deals, which could suit China. Gupta, ...
Singapore Says Yes to Edible Insects in Boost to Food Security
(Bloomberg) -- Certain types of grasshoppers, moths and crickets could be appearing on Singapore’s supermarket shelves and restaurant tables after the government approved the import of insects and ...
Rich Chinese return to Hong Kong as Singapore steps up scrutiny
It’s a shift from the pandemic years when Hong Kong’s strict quarantine and political upheaval led to mainland Chinese flocking to Singapore. Now, private bankers, service providers and insurers are ...
Singapore Banks’ Share Prices Are Hitting All-Time Highs: Can Their Momentum Continue?
The trio of Singapore banks have hit all-time highs recently but can their run continue? The post Singapore Banks’ Share Prices Are Hitting All-Time Highs: Can Their Momentum Continue? appeared first ...
Singapore AML law responds to high concern over bank fraud, biometrics theft
The demand for stronger cybersecurity measures is high in Singapore, with seventy-four percent of consumers expressing concern.
Six Singapore-based SFOs linked to S$3B money laundering scandal
It was found that six single-family offices (SFOs) were connected to the scandal involving individuals or their spouses