thus limiting the amount a customer may lose should their digital banking access be compromised. The feature is currently offered by DBS, UOB and OCBC and will be rolled out by other major retail ...
With over 30 years in China, DBS Bank eyes China’s long-term opportunities
With more than 30 years of operations in China, the Singapore-based DBS Bank is eyeing long-term opportunities in the country, especially in the Greater Bay Area (GBA), CEO of DBS China Ginger Cheng ...
Construction starts on Singapore’s $553mn property project in Vietnam’s Binh Duong
From the beginning of the year until February 20, Singapore has emerged as the leading foreign investor in Vietnam, with a cumulative investment of $2.08 billion. The figure constitutes 48.5 percent ...
Singapore to Build World’s Largest Facility to Boost Carbon-Removal Power of the Ocean
The Equatic Process, a novel carbon removal technology and one of the best inventions of 2023, is getting a major scale-up, with the world’s largest ocean carbon dioxide removal (OCDR) facility set to ...
Massive $1.2B scam! — Singapore firm accused of swindling 26,000 people in Japan’s largest fraud case
SINGAPORE: Sky Premium International, a firm registered in Singapore, is under investigation in Japan for a case referred to as the country’s biggest financial scandal. 135 billion yen (S$1.2 billion) ...
Do Fundamentals Have Any Role To Play In Driving Boustead Singapore Limited’s (SGX:F9D) Stock Up Recently?
Most readers would already know that Boustead Singapore's (SGX:F9D) stock increased by 5.4% over the past three ...
Cut-off yield on latest Singapore 6-month T-bill rises to 3.8%
Yields on the bills are determined via competitive auctions in a market that comprises individuals and institutions from Singapore and overseas, and therefore reflect the general level and direction ...
Wee family, Singapore’s richest banking dynasty, grapples with succession
BUILDING a multibillion-dollar empire is one thing. Keeping it in the family is another matter. Read more at The Business Times.
How Singapore is competing to host Asia’s newly minted wealthy
Knight Frank, however, underscored that whilst Singapore has seen a rising number of family offices, its link to "direct spending and investing is not clear cut." "Last summer, the Monetary Authority ...
Improvements to workforce, productivity key to achieving Singapore’s growth target: DPM Wong
Singapore intends to achieve its economic growth target of between 2% and 3% through improvements in its workforce and productivity. Deputy Prime Minister and Finance Minister Lawrence Wong said this ...
Singapore’s Richest Banking Dynasty Grapples With Succession
Building a multibillion-dollar empire is one thing. Keeping it in the family is another matter. By the time Wee Cho Yaw died earlier this month at 95, his five children had firmly established roles ...
While bonus shares are largely a gimmick, DBS’ proposed issue is a boon
As at Feb 28, the counter has climbed 5.7 per cent since the announcement. With DBS – Singapore’s largest company by market capitalisation – investors are probably right to be excited over the ...
CapitaLand Investment’s PATMI down 6% to $781m in FY2023.
CapitaLand Investment’s cash PATMI–profit from business operations, excluding any gains/losses from divestments, revaluations and impairments– fell 6% to $781m in FY2023, from $831m for FY2022. A core ...
Citibank unveils two new wealth centres in Singapore
Citibank Singapore has completed both of its satellite wealth advising centres, reiterating its renewed enthusiasm for Singapore as a vital strategic site for its wealth business. Andy Sieg, global ...
Stats reveal secret to success at HSBC in Singapore, where only the stars shine
Venues are often described as a "ball-striker's course," and, in the case of Sentosa Golf Club’s Tanjong Course, the stats back up the phrase. At last year’s HSBC Women’s World ...
Citi opens two new wealth centres in Singapore
Citibank Singapore has opened two new wealth centres in One Holland Village and Parkway Parade. The new centre at One Holland Village has a size of 3,700 square feet (sqft) and is about 80% larger ...