DBS banking services, including ATMs, mobile banking, and NETS, were restored after an overnight disruption on 8 March 2025. The outage, which began just after midnight, persisted past 9 am, according ...
DBS investigating cause of overnight disruption to digital banking, ATM services
SINGAPORE: DBS services, including mobile banking, ATMs and NETS, have been restored after an overnight disruption on Saturday (Mar 8). According to outage tracking site, Downdetector.com, complaints ...
DBS is RHB’s top pick with dividend yield ‘too good to ignore’
UOB and OCBC “also surprised with respect to dividends”, say RHB Bank Singapore analysts. They expect UOB to outperform its peers in terms of earnings growth this year.
Prudential, StanChart cement 25 years of bancassurance tie-up
They have the longest-running bancassurance partnership in Singapore and Asia. Prudential Plc and Standard Chartered Plc’s long-standing bancassurance partnership has averaged “double-digit” sales ...
S’pore woman received over S$711 million in bank account, admits not knowing where funds came from
Zin Nwe Nyunt, 58, a Singaporean citizen, worked with her husband's childhood friend, Nyan Win, who controlled Zin's accounts and made transfers to local and overseas accounts, in exchange for ...
Singapore moms juggle family tasks and money matters
Singapore women are more financially secure than their mothers’ generation, but traditional family responsibilities prevent them from achieving financial stability, according to Sun Life Asia’s latest ...
Wee Cho Yaw’s heirs get access to his US$10 billion estate in UOB, UOL stakes
The estate of Wee Cho Yaw, the late patriarch of UOB, has transferred control of the remaining shares that it held to his heirs, concluding one of Singapore’s biggest wealth transfers in decades. Read ...
Singapore clarifies rules for real estate agents in anti-money laundering Bill
SINGAPORE has introduced a Bill to set out requirements for the real estate industry to act on suspected money laundering activities. Read more at The Business Times.
S Pass qualifying salary to increase: S$3,300 from September 1, S$3,800 for those in financial services
Singapore’s minimum qualifying salary for S Pass applicants will be S$3,300, up from the previous S$3,150, marking the third ...
Top 6 Fintech Events in Singapore in 2025
Explore the top fintech events in Singapore 2025, from SFF to blockchain summits to stay ahead with key conferences.
Matrixport Subsidiary Fly Wing Obtains Major Payment Institution License from MAS in Singapore
Fly Wing Technologies Pte Ltd, a wholly owned subsidiary of Matrixport, granted the Major Payment Institution (MPI) License by MAS.
DBS’s capital return plan ‘outclasses’ rivals UOB, OCBC in balancing returns, sustainability: BI
The strategies have distinct benefits,” says Bloomberg Intelligence’s Rena Kwok. “Special dividends offer flexibility without long-term commitments and share buybacks boost earnings per share.” ...
UOB founder’s heirs granted access to US$10bil estate
The transfer of control over Wee Cho Yaw’s estate marks one of Singapore’s largest wealth transfers in decades.
DBS CEO Piyush Gupta earned $17.58m in 2024
About $9.35m of this is a deferred award, of which 17.1% will be in cash. DBS CEO Piyush Gupta earned a total of S$17.58m for 2024. A bulk of this— about $9.35m— is a deferred award, of which 17.1% ...
Singapore semicon companies, including startups, can tap new S$500 million national fab facility by 2027
Singapore semiconductor companies, including startups, will be able to tap the new S$500 million national fabrication facility announced in Budget 2025. Read more at The Business Times.
Singapore ranks fourth in global cross-border investment in 2024
The total investments reached $6.7b. In 2024, Singapore was the fourth most in-demand destination for cross-border investment with total investments reaching $6.7b (U$5b), Knight Frank reported.