Oversea-Chinese Banking Corp Limited (SGX: O39), or OCBC, is one of the three main banks in Singapore. In early May, the bank announced its 2018 first quarter earnings update. Here are five positive things that I think investors should know about OCBC’s ... ( read original story ...)
Singapore a good bet for Trump-Kim summit
Singapore is one of the safest countries in the world, and one of the most advanced in terms of technology, infrastructure and banking. It was reportedly chosen over Switzerland, Mongolia and China to host the historic US-North Korea summit on June 12. ( read original story ...)
Singapore Cards and Payments Market Size, Share and Growth to 2022
Therefore, the increased small merchants accepting payment cards and several custom-made card options by leading banking organizations are anticipated to propel the payment cards market of Singapore in the following years. 1. What is the adoption rate of ... ( read original story ...)
Retailers bank on souped-up GoSpree app as GSS booster
The Great Singapore Sale (GSS) returned yesterday, with organisers banking on the GoSpree mobile app to boost sales, as it did last year. The executive director of Singapore Retailers Association (SRA), Ms Rose Tong, said the app has been enhanced further ... ( read original story ...)
Multi-stakeholder platform to drive excellence in sustainable finance across Asia
5 JUNE 2018, SINGAPORE – To shift Asia's financial flows towards sustainable economic, social and environmental outcomes, the World Wide Fund for Nature (WWF) has announced the launch of the Asia Sustainable Finance Initiative (ASFI). Based in Singapore ... ( read original story ...)
Singapore readies first infra CLO
According to a banker familiar with the matter, several key project finance banks have transferred assets totalling slightly under US$500m into the pool to kick-start the CLO fund, which is denominated in US dollars. Monetary Authority of Singapore chief ... ( read original story ...)
OCBC Bank and StarHub make a move into coalition loyalty
OCBC Bank and StarHub have partnered up to jointly develop Singapore’s first loyalty alliance to allow Singaporean consumers loyalty rewards. Slated to launch this year, the Coalition Loyalty Programme is said to be the next step of the “We Economy ... ( read original story ...)
OCBC Bank and StarHub Launches Singapore’s First Cross Industry Loyalty Programme
OCBC Bank and StarHub are jointly developing Singapore’s first loyalty alliance so Singaporean consumers will be able to exchange, consolidate and redeem loyalty rewards – such as rewards points and air miles – earned from market-leading partners ... ( read original story ...)
Mahathir says to review Malaysia-Singapore stock market trading link, confirms central bank chief has quit
Malaysian Prime Minister Mahathir Mohamad said on Wednesday (June 6) his new government will study a project announced by the previous administration to form a new trading link between the stock markets of Singapore and Malaysia. The Monetary Authority of ... ( read original story ...)
Blue Orchard Heads for Singapore
Asset manager Blue Orchard is widening its presence in Asia, with a new office in Singapore. The Swiss firm is banking on a greater appetite from Asian investors for sustainable and impact investing. The Zurich-based specialist asset manager is adding to ... ( read original story ...)
Kuala Lumpur-Singapore high-speed rail may be revived if the price is right
Speaking to the media, the Malaysian Finance Minister said that the “Kuala Lumpur-Singapore high-speed rail can be “so much cheaper.” Minister Lim Guan Eng added that “if the financial architecture is done right, it doesn’t need to cost so much. ( read original story ...)
Singapore Asks Malaysia To Clarify Position On Stock Market Trading Link
SINGAPORE -- Singapore has asked Malaysia to clarify its position on the planned stock market trading link between Bursa Malaysia and Singapore Exchange. Replying to media queries, the Monetary Authority of Singapore (MAS) said it had asked the Securities ... ( read original story ...)
Singapore Stock Market May Spin Its Wheels On Wednesday
(RTTNews.com) - The Singapore stock market has tracked higher in consecutive trading days, climbing more than 55 points or1.6 percent along the way. The Straits Times Index now rests just beneath the 3,485-point plateau although investors may cash in on ... ( read original story ...)
OCBC Bank mines Government data repository for digital account opening
Singapore's OCBC is mining the Government's national data repository MyInfo to offer an entirely paperless digital account opening process. To open a new account via mobile or desktop PC, prospects first give the bank consent to use their MyInfo profile to ... ( read original story ...)
OCBC Now Lets You Open A New Bank Account In 5 Minutes – No Documentation Or Queuing Needed
OCBC Bank is the first Singapore bank to roll out a digital instant account-opening service for its Singaporean and Permanent Resident (PR) customers. This means that they no longer need to visit a bank branch and go through the hassle of long queues ... ( read original story ...)
Singapore banks kept at ‘accumulate’ on loans growth, SIBOR rise and improving O&G outlook
SINGAPORE (June 4): Phillip Securities is maintaining the Singapore banking sector at “accumulate” given loans growth remains healthy locally and in Hongkong while the continuing rise in SIBOR (Singapore Interbank Offered Rate) and SOR (Swap Offer Rate ... ( read original story ...)