SINGAPORE: In the wake of a severe digital service outage last month, DBS Group has... The post DBS Group apologises for service outage; senior leadership will face pay cut appeared first on The Indep
MAS penalties on DBS won’t set the bank back, analysts say
SINGAPORE: The punishment meted out to DBS appears "minor" and not commensurate with the impact of the service disruptions to Singapore's biggest lender, including one where
Singapore Market May Crack Resistance At 3,100 Points
(RTTNews) - The Singapore stock market has inched higher in four straight sessions, collecting more than 20 points or 0.7 percent along the way. The Straits Times Index now sits just above the ...
Singapore Reshapes Its Crypto Hub After Three Arrows, Terraform Setbacks
Singapore established itself as one of the hubs of the cryptocurrency industry, drawing in entrepreneurs and investors from around the world. Most Read from Bloomberg Intuit Is Closing ...
Ten-League International Begins U.S. IPO Process
I'll provide an update when we learn more about the IPO's details. Singapore-based Ten-League International Holdings Limited was founded to sell and rent heavy equipment and provide value-added ...
Brokers’ take: Analysts sanguine on DBS’ dividend prospects despite MAS curbs
SEVERAL brokerages indicated that they viewed the Monetary Authority of Singapore’s (MAS) latest restrictions on DBS as little threat to the bank’s earnings and dividend prospects. Read more at The Business Times.
Unveiling The Best Finance Master’s Programmes In Singapore For Indian Students
Are you an Indian student hoping to study abroad for a master's degree in finance? Singapore may be the best place to pursue your academic and professional objectives because of its excellent ...
Singapore top investor in Asia-Pacific real estate
Singapore investors injected nearly US$8.5 billion into Asia-Pacific real estate, according to findings by global real estate consultancy Knight Frank, allowing Singapore’s cross-border investment ...
Singapore central bank the world’s third-largest gold buyer from Jan to Sept 2023
SINGAPORE: The country's central bank was the third-largest buyer of gold in the world for the first nine months of 2023, after its counterparts in China and Poland, according to the World Gold Council (WGC).
Singapore stocks rise as markets rally following Fed pause; STI up 0.2%
SINGAPORE stocks closed higher on Thursday (Nov 2), in line with a global rally after the Federal Reserve kept interest rates unchanged for the second straight meeting. Read more at The Business Times ...
DBS rolls out plan to improve technology resiliency after repeated banking service disruptions in 2023
DBS Bank has rolled out a roadmap to improve its technology resiliency after its banking services experienced repeated and prolonged outages in 2023, announced the bank in a press release on Nov. 1, ...
Interest Rates and Returns for Singapore Savings Bonds (SSB) in November 2023
Learn more about Singapore Savings Bond (SSB), a bond with a steady rise in interest rates with no capital loss! Table of Contents: What is SSB? Features of the SSB Illustration of SSB Nov 2023 ...
Singapore shares rise at Thursday’s open after Wall Street rally; STI up 0.4%
SINGAPORE shares were pulled into positive territory on Thursday (Nov 2), following overnight gains on Wall Street after the Federal Reserve’s decision to keep interest rates steady. Read more at The ...
DBS apologises for digital bank disruptions, to dock senior management pay
The bank is allotting a special budget of S$80m to enhance its system resiliency. DBS has issued an apology for the series of digital banking disruptions earlier in 2023, and is enacting structural changes to strengthen its digital resiliency.
Singapore nabs US’ spot as largest investor in APAC real estate
"This brings Singapore's cross-border investment value to surpass that of the US by nearly 50%," read the statement from Knight Frank. This stemmed from the strength of the Singapore dollar, which ...
Singapore Central Bank Chief Rules Out Politics Post Retirement
(Bloomberg) -- Singapore’s longest-serving central bank chief ruled out entering politics after he steps down at the end of this year, departing from the route taken by some of his predecessors. Most ...