If you’re looking for a day-to-day savings account that will give you more returns than just 0.05% p.a., there are plenty of options available in Singapore. The problem is, most of them require you to ...
Jail for 2 company directors who cheated DBS into disbursing more than $500k in loans
SINGAPORE – Using false documents, two directors of different wholesale trade companies worked together to deceive DBS Bank into giving one of the firms more than $500,000 in loans linked to business ...
Singapore’s local banks ring in the Year of the Dragon in style
DBS hosted more than 600 corporate clients at the Ritz-Carlton, Millenia Singapore hotel on Feb 14, the first of a two-day Spring Festival celebration to usher in the Year of the Dragon. Clients were ...
OCBC to give total of S$9 million one-off support to 14,000 junior employees globally
Some S$9 million will be disbursed to 14,000 OCBC employees to help them better cope with cost-of-living concerns. How much will Singapore workers get?
Woman accused of causing husband’s death charged with offences including cheating
Court documents state that she allegedly worked with others to cheat UOB Bank in June 2022. Read more at straitstimes.com.
Singapore’s monetary authority advises banks to get busy protecting against quantum decryption
Singapore is a regional hub for Asia's financial services community and is growing in importance as that sector considers China's increasing influence in Hong Kong. Few major finance industry players ...
Singapore to invest up to S$100 million to boost fibre network to 10Gbps; upgrade to start from mid-2024
SINGAPORE: The nationwide broadband network will undergo an ... access to speeds of up to 10Gbps in the second half of this decade, said Mr Wong, who is also Finance Minister. The speed would be 10 ...
Singapore to invest up to S$100 million in 10 Gbps fibre network upgrade
This will support maintaining Singapore’s global competitiveness and unlocking further economic opportunities.” IMDA’s investment is in line with Finance Minister Lawrence Wong’s announcement last ...
Hong Kong bankers earn up to 46 per cent more than Singapore peers
FINANCE and technology professionals are generally better paid in Hong Kong than in Singapore, with investment-banking analysts earning 46 per cent more than in the South-east Asian city-state, ...
SIC raps A&G, DBS for whitewash bungle, but it was Mapletree sponsor that gave sweeter terms
FOR many investors, the most significant aspect of the merger of Mapletree Commercial Trust (MCT) and Mapletree North Asia Commercial Trust (MNACT) nearly two years ago was the intervention of their ...
Accused in $3 billion money laundering case handed six new charges related to forgery
As for the new forgery charges, court documents showed that Chen had in or around July 2021, allegedly instigated a person named Yin Hang Liu Shui Dian Hua, to make two false income certificates with ...
HSBC to roll out new bonus scheme for junior staff: reports
HSBC Holdings appears to be taking a more transparent approach ... The programme has so far been implemented externally in Hong Kong and Singapore, but it is already available internally in already ...
ST School Pocket Money Fund among causes to benefit from over $2.2m raised at UOB’s CNY fund-raiser
SINGAPORE – UOB and its commercial banking clients raised more than $2.2 million for art, children’s and educational causes as part of the bank’s annual Chinese New Year festive celebrations. The ...
Singapore Market closes 0.56% higher
At closing bell, the Straits Times Index (STI) index was up 18.15 points, or 0.56%, to 3,244.06 after trading between 3,244.06 and 3,219.52. Volume of 1.93 billion shares worth S$978.65 million ...
OCBC to give 4,600 junior staff in Singapore S$1,000 each to cope with rising cost of living
OCBC will give a one-off payout of S$1,000 each to about 4,600 junior employees in Singapore to help them “better cope with rising cost-of-living concerns”, the bank announced on Tuesday (Feb 20).
OCBC to give 4,600 junior employees in Singapore one-off payment to cope with cost of living concerns
SINGAPORE: OCBC bank is giving 4,600 junior employees in Singapore S$1,000 (US$743) each to help them better cope with rising cost-of-living concerns. The payout is part of a one-off support for close ...