IN THE Oct 14 disruption to DBS and Citibank’s digital services, an estimated 810,000 attempts to access the digital platforms of both banks failed, and about 2.5 million payments and ATM transactions ...
Alvin Tan on fixing DBS and Citibank digital banking disruptions on Oct 14
The impact of the disruption of digital banking services of DBS and Citibank on Oct 14 was “wide”, said Minister of State for Trade and Industry and Monetary Authority of Singapore (MAS) Board Member ...
Singapore to look into corporate culture provision for company boards: Ravi Menon
SINGAPORE will assess the introduction of a new provision in its corporate governance code to establish good company culture, Monetary Authority of Singapore (MAS) managing director Ravi Menon said. Read more at The Business Times.
Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%
During the quarter, DBS net profit rose to 2.63 billion Singaporean dollars ($1.94 billion) compared to SG$2.24 billion a year ago. The Singapore bank also declared a dividend of 48 Singapore cents ...
Overbought Singapore Stock Market Called Higher Again On Monday
The Singapore stock market has moved higher in five straight sessions, collecting more than 80 points or 2.7 percent along the way.
Prince of Wales wows crowds as he arrives in Singapore for Earthshot Prize
saying they needed umbrellas to protect themselves from the powerful spray coming from HSBC’s Rain Vortex. Upon his arrival, the Prince said: “It’s fantastic to be back in Singapore for this year’s ...
DBS Q3 profit up 16% to $2.59 billion; to pay dividend of 48 cents per share
SINGAPORE – DBS Group Holdings on Monday reported quarterly earnings that were driven by a record-high total income and boosted by the bank’s acquisition of Citi’s Taiwan consumer business. The unit was consolidated on Aug 12 and made DBS the ...
DBS Profit Tops Estimates as Margins Grow on Rate Increases
DBS Group Holdings Ltd. profit surpassed analyst estimates in the third-quarter, propelled by strong margin growth in commercial lending. Net income climbed 18% to S$2.63 billion ($1.94 billion) in the three months ending Sept. 30, Singapore’s biggest ...
DBS Sees 2024 Profit to Match This Year’s Record Level
The bank’s shares rose slightly. Higher global interest rates have boosted revenue at banks including DBS, though they may now face a cloudier economic outlook. In Singapore, the central bank kept monetary policy settings unchanged for a second straight ...
DBS 3Q Net S$2.63B Vs. Net S$2.24B >D05.SG
DBS Group's third-quarter net profit rose 18% on year, supported mainly by higher net interest income and fees. Net profit for the quarter was 2.63 billion Singapore dollars (US$1.94 billion), the bank said Monday. Total income rose 16% on the year to S$5. ...
‘It’s enormous’: Prince William visits Jewel Changi Airport after arriving in Singapore
Britain's Prince William arrived in Singapore on Sunday and visited Jewel Changi Airport ahead of his work trip here. The Prince of Wales visited the HSBC Rain Vortex, the indoor waterfall at Jewel, ...
Prince of Wales arrives in Singapore where cheeky baby sucks on his finger
Prince William, 41, landed in south-east Asia on Sunday afternoon to a rapturous welcome for this year’s Earthshot Awards ...
Prince William arrives in Singapore, visits Jewel ahead of work trip
Over 100 people gathered at Jewel to catch a glimpse of the heir to the British throne. Read more at straitstimes.com.
Singapore’s Lee Hsien Loong says he will step down as early as next year
Singapore Prime Minister Lee Hsien Loong has announced he will hand over the leadership of the ruling People’s Action Party (PAP) before the 2025 general elections. Lee, 71, said on Sunday that he ...
Singapore PM says succession to happen before next election
Singapore Prime Minister Lee Hsien Loong announced Sunday he will hand over power to a younger generation of leaders before the 2025 general elections.
Singapore Deputy Prime Minister Lawrence Wong to lead ruling party before general election
With the PAP widely expected to continue dominating elections, Wong is likely to become Singapore's next prime minister.