OCBC Group, the second-largest financial services group in South-east Asia by total assets, employs approximately 30,000 employees. Read more at The Business Times.
How DBS’ ‘phy-gital’ model can ease Singapore’s looming retirement crisis
AS THE average life expectancy of people in Singapore increases, so too does the need for retirement planning. Read more at The Business Times.
YY Group Holding Aims For Micro-IPO
YY Group Holding, an online job placement and cleaning service company, files for a micro-IPO to raise $6.75 million. Read more to see our analysis on YYGH IPO.
Five nabbed in anti-scam operation by police, DBS bank, $680k seized
Another 47 people are under investigation for their suspected involvement in scams. Read more at straitstimes.com.
Japanese yen may strengthen against the Singapore dollar next year: Analysts
The Japanese yen sank lower against the Singapore dollar this week, after reaching its weakest since 1985 earlier this month.
Harnessing the power of Singapore fintech to drive sustainability
New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.
StanChart launches blockchain unit, eyes Singapore bond fund
SINGAPORE -- International bank Standard Chartered's venture arm on Tuesday launched a new blockchain unit that aims to help tokenize traditional financial instruments, moving rapidly to stake out a ...
DBS Group Holdings Ltd’s Dividend Analysis
Extended to a five-year horizon, this rate increased to 9.80% per year. And over the past decade, DBS Group Holdings Ltd's annual dividends per share growth rate stands at an impressive 10.90%.
Maybank and DBS raise respective target prices for StarHub on higher earnings and lower IT spending
Analysts from Maybank Securities and DBS Group Research have raised their respective target prices for StarHub following better-than-expected 3QFY2023 earnings.
New initiative called Universal Trusted Credentials to help MSME better access finance launched: UNDP, MAS and partners
The UTC proposes a framework that assesses an MSMEs financing worthiness based on traditional and alternative data sets.
World Bank’s IFC names country manager for Singapore, Malaysia and Brunei
THE International Finance Corporation (IFC), the World Bank’s investment arm, has appointed Katia Daude Gonçalves as country manager for Singapore, Malaysia, and Brunei, it said on Tuesday (Nov 14).
SC Venture’s Libeara will soon let accredited investors in on tokenised Singapore-dollar government bond funds
Libeara was born after MAS’s global retail CBDC challenge. It also built projects for the HK government, Ghana, and Philippines.
Jail for maid who unlawfully withdrew $88.6k from 95-year-old man’s bank account over 89 occasions
SINGAPORE - Saddled by hefty debts back home, an Indonesian maid used a bank card belonging to her employer’s elderly father to make 89 unauthorised withdrawals totalling $88,600 from January to July ...
Grab launches new digital bank, here are 6 features available to 20k M’sian beta users
GXBank, the Grab-powered Malaysian digital bank, has released its app for 20,000 beta users. Here are six features that it currently offers.
Maid withdrew S$88,600 from employer’s 95-year-old father’s bank account, gets jail
SINGAPORE: Over about six months, a maid withdrew a total of S$88,600 from her employer's 95-year-old father's bank account, taking care not to trigger the bank's automatic alert for large ...
OCBC to invest $30m in staff development over next 3 years
Initiatives include certifying internal career coaches and launching an AI-powered career marketplace. Read more at straitstimes.com.