Financial secretary reveals observation in blog post, notes most are interested in regional cooperation for a stab at growing economic pie He says students interested in city's recently launched ...
Cryptocurrency firms struggle to find banking partners after US bank collapses- Where to next? Singapore? Switzerland? Hong Kong?
Sources suggest that some cryptocurrency companies have turned to Cross River Bank as their preferred banking partner to address this issue ...
Best credit card promotions in Singapore: Citibank, UOB, DBS (March 2023)
When it comes to credit card promotions these days, we’re spoilt for choice. Banks offering credit cards in Singapore are competing so hard for new customers that they are practically raining Apple ...
Former sales officer gets jail for working with syndicate to cheat Citibank of over $127,000
SINGAPORE - A direct sales officer at Citibank worked with a syndicate to dupe the bank into giving over $127,000 in loans to eight applicants who had submitted items including fake income ...
OCBC CEO Helen Wong’s 2022 pay reaches $11.2 million, behind other local bank chiefs
SINGAPORE – OCBC Bank group chief executive Helen Wong was paid $11.2 million in 2022, behind the remuneration of other local bank CEOs. This comes after OCBC reported a net profit of $1.3 billion for ...
Singapore’s DBS has seen inflows in SVB aftermath, CEO says
SINGAPORE, March 31 (Reuters) - DBS Group, Singapore's largest bank, has benefited from inflows amounting to a "few hundred millions" in the aftermath of the collapse of Silicon Valley Bank, its chief ...
Can Singapore revive the stock market from its sick bed?
SINGAPORE – For years, American investor Jim Rogers has been looking to buy and hold Singapore stocks that are cheap, unique and possess exciting growth prospects. The pickings have been lean. Mr ...
DBS apologises for ‘embarrassing’ service disruption, sets up special committee to look into incident
Chief executive Piyush Gupta said the disruptions, the second time in 16 months, has been “sobering” for DBS. Read more at straitstimes.com.
UOB lowers Vietnam’s 2023 GDP growth forecast to 6%
The Singapore-based United Overseas Bank (UOB) has just lowered its forecast for Vietnam's GDP growth to 6% from to previous 6.6%.
OCBC, DBS and NUS recognised for prioritising mental health in the workplace
SINGAPORE – Two banks, an elevator company and a university were among those awarded for their efforts in prioritising mental wellbeing in the workplace at the inaugural WorkWell Leaders Awards on ...
People are just finding out what HSBC stands for and even their customers have no idea
[sic] While a third shared: “Why did I think HSBC was a British bank.” And a fourth added: “I thought it was Singapore all this time not Shanghai”.
DBS chairman, CEO apologise for service disruption; special committee set up to investigate outage
SINGAPORE: DBS has set up a special board committee to investigate the recent disruption to its digital services. DBS chairman Peter Seah revealed this at an annual general meeting on Friday (Mar 31), ...
Malaysia-Singapore cross-border QR payment: Everything you need to know
Malaysian banks and financial services that you can use while in Singapore include: Meanwhile, Singaporeans who travel across the straits to Malaysia will be able to pay via DuitNow QR as long as they ...
DBS sets up special board committee to investigate service outage
SINGAPORE: DBS has set up a special board committee to investigate the recent disruption to its digital services. DBS chairman Peter Seah revealed this at an annual general meeting on Friday (Mar 31), ...
DBS apologises for ’embarrassing’ service outage that MAS found unacceptable
SINGAPORE – DBS Bank has apologised to its shareholders and customers for disruptions to its digital banking services. Singapore’s largest bank said during its annual general meeting (AGM) on Friday ...
‘First world nation, third world services’ — Singaporeans react to DBS/POSB 12+ hours service outage
SINGAPORE: Netizens are simply not having it after DBS Bank’s DBS/POSB service outage that lasted over 12 hours. According to recent news, DBS Bank’s online and mobile DBS/POSB digibank services were ...