Malaysia's largest electricity utility, Tenaga Nasional Bhd (TNB), and Singapore-based solar firm Sunseap Group announced on Tuesday they are forming a joint venture to trial clean electricity imports ... ( read original story ...)
35% of Singapore firms saw salary freeze in 2020: survey
One in four firms offered no increases in the past months. Whilst salary remains a primary concern for 49% of employees and 58% of candidates in Asia, Singapore has seen salary freeze in 2020 with 35% ... ( read original story ...)
S’pore’s influence in global finance can boost investment in sustainable solutions: Ong Ye Kung
Singapore may be small, but due to our outsize influence in the world of finance, we can exert some influence on global trends -- including helping businesses to go green. Transport Minister Ong Ye ... ( read original story ...)
Singapore’s economy is slowly recovering as income and spending tick upwards, DBS data shows
Analysing anonymised customer data, the island nation’s largest bank has noted salary improvements among lower-paid workers, and fewer customers showing wage cuts. ( read original story ...)
Ministry of Design creates lush “banking conservatory” for Citibank Singapore
Offices and meeting rooms are nestled among tropical plants in this wealth management centre in Singapore by local studio Ministry of Design. Conceived as a "banking conservatory", the verdant scheme ... ( read original story ...)
OCBC recovery gains pace, shares bouncing back
What’s the latest? OCBC’s stock was trading at S$11.11 as of 13:29 SGT on Tuesday, up 0.2% on the day, after 3.3 million shares changed hands. It advanced as much as 0.9% to S$11.195 in the morning. ( read original story ...)
Lower-income S’poreans, middle-aged workers still struggling amid Covid-19 recovery: DBS
The lower-income group was worst hit - accounting for about 49 per cent of customers who experienced income loss.. Read more at straitstimes.com. ( read original story ...)
Singapore’s PropertyGuru In Talks With SPACs For US IPO, Report Says
The company previously nixed plans for an initial public offering (IPO) in 2019 on the Australian stock exchange, citing valuation concerns, Bloomberg reported. In September, the company announced ... ( read original story ...)
TNB forays into Singapore RE market with Sunseap Group
Tenaga Nasional Bhd (TNB) via wholly-owned subsidiary TNB Renewables Sdn Bhd has entered into a binding term sheet of collaboration with Singapore-based Sunseap Group to tap into the renewable energy ... ( read original story ...)
Lower-income Singaporeans, middle-aged workers still struggling amid Covid-19 recovery: DBS
SINGAPORE - The nascent economic recovery that started in the later half of 2020 has improved the financial health of most Singapore residents, but some segments of the population are still struggling ... ( read original story ...)
Bank accounts of suspected scammers can be frozen within a day: MHA
Minister Desmond Tan lays out plans to prevent scams. The bank accounts of suspected scammers can be "swiftly frozen within a day" once the police is notified, Minister Desmond Tan of the Ministry of ... ( read original story ...)
Singapore Bourse Tipped To Extend Monday’s Gains
The Singapore stock market bounced higher again on Monday, one session after it had ended the four-day winning streak in which it had gathered almost 95 points or 3.3 percent. The Straits Times Index ... ( read original story ...)
Police partner financial institutions to freeze scammers’ bank accounts
The police have partnered more than 20 financial institutions that will move to freeze most bank accounts suspected to be linked to scammers within a day, in a bid to minimise losses to victims and ... ( read original story ...)
DBS announces new senior appointments in Singapore and Malaysia
DBS Group Holdings, on Monday, announced two senior-level appointments within the bank.Abdul Raof Latiff, who is currently DBS’s group head of digital for institutional banking and group head of ... ( read original story ...)
Citibank Credit Card Promotions and Deals: March 2021
If you’ve got a Citibank credit card, you’re in luck. Here are the deals you can enjoy as a Citibank credit cardmember (on top of the credit card’s own perks). A well-known global bank, Citibank ... ( read original story ...)
DBS names Raof Latiff as new country head for Malaysia
He is taking over from Mr Jeffrey Ling, who will be retiring from the role but staying on as a senior adviser.. Read more at straitstimes.com. ( read original story ...)