Malaysia's biggest bank Malayan Banking Bhd (Maybank) said on Friday it had appointed Alvin Lee Han Eng as chief executive officer for Maybank Singapore, effective Jan. 1.
Singapore, China to trial e-CNY use for tourism spending
The Monetary Authority of Singapore announced on Thursday that it is embarking on a pilot program with the People's Bank of China, China's central bank, which will allow travelers from Singapore and ...
Fears of China slowdown have no impact on collaboration with Singapore: DPM Wong
BEIJING] FORECASTS of China’s slowing growth have not affected Singapore’s collaboration with the country, which remains “an economy with tremendous opportunities for us to work together”, Deputy ...
All You Need to Know about Citibank Personal Loan
Personal Loans can come in handy for various purposes. Whether you are in need of funds to cover unexpected expenses, plan your wedding, renovate your house, or finance your child's education, Citi ...
Maybank appoints Alvin Lee as new CEO for Singapore
Mr Lee was also appointed the new country CEO and CEO of Malayan Banking’s Singapore branch, Maybank said in a statement. He will be responsible to drive the entire spectrum of Maybank’s operations in ...
T-bills in Singapore: What it is, how to buy and the latest cut-off yield (12 December 2023)
The latest six-month Treasury Bills (T-bills) issued on 28 November 2023 had a cut-off yield of 3.8 per cent per annum, and the cut-off price was 98.105. With a S$13 billion applied amount, the total ...
‘They only communicated online’: UOB staff stop woman from losing $500k to ‘critically ill husband in Europe’
SINGAPORE – When Ms Teo Shaw Leng was alerted in August that an elderly customer was claiming she needed to withdraw around $500,000 for her critically ill “husband” in Europe, the deputy manager of ...
Singapore signs free trade deal with four-nation Latin American bloc to boost trade, investment
Singapore signed a ground-breaking free trade agreement with four South American nations on Dec 8. Read more at straitstimes.com.
6 in 10 Singaporeans expect to work after retirement: HSBC survey
Majority of those who plan to work post-retirement are motivated by financial concerns, such as rising inflation and higher healthcare costs. Read more at straitstimes.com.
UOB deputy branch manager who saved customer from losing $500,000 to scam among those recognised by bank
The customer said she needed the money for her husband, who was critically ill. Read more at straitstimes.com.
Govt to invest $70M to develop Southeast Asia’s first large-scale language model
SINGAPORE: Singapore has announced plans to invest $70 million in creating Southeast Asia’s first large-scale language model, aiming to cater to the diverse cultures and languages prevalent in the ...
IPO wannabes dress up with few places to go
For aspiring market debutantes, the waiting is the hardest part. Since war broke out in Ukraine and the U.S. Federal Reserve began a rapid cycle of raising borrowing costs early last year, it has been ...
OCBC’s Wong reaffirms One Bank vision with eyes firmly on shareholders’ returns
Moreover, Chinese companies can exploit the friend-shoring trend in Western developed markets. Friend-shoring economies in Southeast Asia include Malaysia and Indonesia, which are among OCBC’s major ...
Singapore and China to Begin e-CNY Pilot, Explore Cross-Border Payment Linkage
Singapore and China have agreed to collaborate on a pilot programme that uses the e-CNY, China's central bank digital currency (CBDC).
A reset for OCBC with a focus on the flow business and dividends
Group CEO Helen Wong’s aim, focus and ambition is to steer OCBC into a One Bank approach. While OCBC had previously articulated a strategy to capture trade, investment and wealth flows between Greater ...
Singapore Stock Market May See Renewed Selling Pressure
The Singapore stock market on Wednesday halted the two-day slide in which it had dropped more than 25 points or 0.8 percent. The ...