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Tag: finance

Posted on 02/10/2023

Man, 74, loses $70k life savings to scammer who told him he ‘had a lot of wisdom and experience’

For six hours, a 74-year-old man chatted online with a friendly roast duck seller he met on Facebook, only to find his life savings almost wiped out soon after. Read more at stomp.straitstimes.com ...

Posted on 02/10/2023

Woman in S’pore loses over RM380,000 after downloading third-party app to buy durian tour ticket

A part-time bakery worker lost over US$81,000 (RM381,307 or S$111,000) to scammers who siphoned money from her two DBS bank accounts after infecting her Android phone with malware.

Posted on 02/10/2023

DBS keeps ‘buy’ call on Singtel following long-awaited divestment of loss-making Trustwave

According to Singtel, the divestment is expected to be completed by the fourth quarter and will not have a material impact on its FY2024 ending March 2024. In its Oct 2 note, DBS points out that ahead ...

Posted on 02/10/2023

Battambang courts agro investment from Singapore

Battambang provincial governor Sok Lou highlighted the region’s agricultural potential, especially its quality rice, in his recent meeting with Singaporean ambassador Teo Lay Cheng. Lou encouraged ...

Posted on 02/10/2023

UOB warns against fake invitation to meet Taylor Swift

UOB has issued its latest scam alert to warn its consumers against a fake invitation to a meet-and-greet session with global pop star Taylor Swift.

Posted on 02/10/2023

Seatrium unit bags US$500m facility with a sustainability-linked conversion option

Standard Chartered Bank issued the facility. Estaleiro Jurong Aracruz (EJA), a wholly-owned subsidiary of Seatrium Limited (Seatrium), clinched a US$500m facility from Standard Chartered Bank ...

Posted on 02/10/2023

Seatrium secures US$500 mil facility with a sustainability-linked conversion option

The new facility includes a sustainability-linked conversion option that’s aligned with sustainability-linked loan principles.

Posted on 02/10/2023

Seatrium unit secures US$500 million sustainability-linked facility

SEATRIUM’S wholly-owned subsidiary Estaleiro Jurong Aracruz has refinanced an existing loan due December 2023 with a new US$500 million facility from Standard Chartered Bank (Singapore). The facility ...

Posted on 02/10/2023

Seatrium in half a billion-dollars refinancing deal

Seatrium’s wholly owned Brazilian subsidiary Estaleiro Jurong Aracruz (EJA) has secured a $500 million facility with a sustainability-linked conversion operation.

Posted on 02/10/2023

Versatile, ‘safe haven’ asset: What you should know before investing in gold

The precious metal, which can be held via the UOB Gold Savings Account, is more than just a reliable store of value. Read more at straitstimes.com.

Posted on 01/10/2023

These two banks join OCBC & Citibank to restrict bank digital services usage if unverified apps on phones are found

And they are none other than DBS and UOB, the two big local bank names we’re aware of. So news has it that new security measures will be implemented to protect customers from scams. These measures ...

Posted on 01/10/2023

S’pore man, 74, loses S$70,000 life savings after downloading app to order Peking duck

The victim, surnamed Loh, lost about S$70,000 of his life savings that very afternoon. Loh told Shin Min Daily News that on Aug. 26, he came across a Facebook advertisement by a roast duck supplier ...

Posted on 01/10/2023

New scam alert: UOB says circulating Taylor Swift meet-and-greet invites are fake

SINGAPORE - Those who hold accounts with UOB and make use of the bank's digital banking capabilities may have noticed a new scam alert since Friday (Sept 29). The alert warns against a fake invitation ...

Posted on 01/10/2023

Invitation to attend Taylor Swift meet-&-greet session in S’pore fake: UOB

UOB has issued a new scam alert since Friday, Sep. 29 warning against a fake invitation to a meet-and-greet session with superstar Taylor Swift, who will be in Singapore for The Eras Tour from March 2 ...

Posted on 01/10/2023

OCBC, CapitaLand Investment, UOBKH lead buyback tally

INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions through to Sep 28, with S$179 million of net institutional inflow, while 21 primary-listed companies conducted buybacks ...

Posted on 01/10/2023

Once dubbed a ‘zombie’ exchange, this Asian stock market is trying European-style trading to reinvent itself

Will structured certificates be the silver bullet for the SGX and spur more investor interest, or is this a shot in the dark?

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