DBS Group Holdings Ltd. and United Overseas Bank Ltd. posted second straight profit declines after setting aside more provisions for loan losses during the pandemic-fueled recession. ( read original story ...)
Singapore’s largest bank reports 22% fall in quarterly profit as it guards against pandemic-induced risks
Net profit at DBS fell to 1.25 billion Singapore dollars ($912.9 million) in the second quarter — down from 1.6 billion Singapore dollars a year ago but beating Refinitiv estimates of around 1.19 ... ( read original story ...)
Singapore’s DBS Second-Quarter Profit Beats Estimates as Business Picks Up
Singapore's DBS Group Holdings reported a 22% fall in second-quarter net profit on Thursday after shoring up loan loss allowances in a pandemic-hit market, but its profit came just above market ... ( read original story ...)
Singapore’s DBS Q2 profit falls 22% as loan loss provisions increase
Singapore's DBS Group Holdings DBSM.SI reported a 22% fall in second-quarter profit as it increased loan loss allowances in a pandemic-hit market but ... ( read original story ...)
We know quite a bit about the memorable Singapore Sling — except how, exactly, to make one
Unlike so many drinks, we know who created the Singapore Sling, and when, and where. So it's a bit of a mystery, then, why there is no definitive recipe. ( read original story ...)
Singapore’s Central Bank Unveils Initiatives to Support New Benchmark Rate
The Monetary Authority of Singapore has announced initiatives to support the use of the “Singapore overnight rate average,” a new benchmark interest rate. ( read original story ...)
Korea to Review Freeze on Notes Tied to Singapore Firms
Financial regulators in South Korea are reviewing why investors in some structured notes are being prevented from withdrawing their money, according to a person familiar with the matter. ( read original story ...)
Singapore migrant worker mental health in spotlight after self harm incident
A migrant in Singapore who self-harmed and was pictured bloodied in a stairwell has heightened concerns over the mental health of thousands of low-paid workers confined to dormitories in the ... ( read original story ...)
COVID-19: Singapore confirms 908 new cases as final batch from dormitories being cleared
The Ministry of Health has confirmed 908 new COVID-19 cases as of Wednesday (5 August) noon, bringing Singapore’s total to 54,254. ( read original story ...)
Singapore, Malaysia Agree on Key Points of Green Lane Travel
Singapore and Malaysia said they’ve agreed on key aspects of green lane travel as the two countries move a step closer to reopening one of the world’s busiest border crossings. ( read original story ...)
Indonesia, Singapore stay neutral on US-China dispute despite Pompeo’s South China Sea outreach
Analysts say Singapore and Jakarta will not take a side as they rely on both Beijing and Washington for investment and are battling the Covid-19 crisis. ( read original story ...)
Singapore will make travelers wear electronic tags to enforce quarantine
Singapore will make some incoming travellers wear an electronic monitoring device to ensure that they comply with coronavirus quarantines. ( read original story ...)
Singapore’s Universal Studios deploys facial recognition for entry
Visitors to Universal Studios in Singapore will now have to pass through facial recognition scanners to enter the park, in the city-state's latest foray with a technology that has stoked privacy ... ( read original story ...)
Singapore Plans Year-End Fintech Event Amid Virus Restrictions
Singapore is planning an online and physical fintech festival amid the spread of the coronavirus across the globe. ( read original story ...)
Pratt & Whitney lays off 400 staff at five of six facilities across Singapore due to pandemic
Aircraft engine manufacturer Pratt & Whitney laid off around 400 staff at five of its six facilities in Singapore on Monday (Aug 3) amid the pandemic-induced downturn in the aviation industry.. Read ... ( read original story ...)
Singapore looks to power esports gameplay with new trade body
Singapore Games Association has been set up to develop and drive a "sustainable" games and esports ecosystem in the country, which is expected to have a video games market worth $130 million this year ... ( read original story ...)