SINGAPORE — Customers of DBS/POSB, UOB, and OCBC bank can now "lock up" their money in bank accounts that will not allow the funds to be digitally transferred out. The security feature, which will ...
Scam prevention: DBS, OCBC and UOB customers can ‘lock up’ savings from online transactions starting this week
UOB, OCBC and DBS Bank customers can lock up funds in their bank accounts to block the money from any digital transaction starting this week. The feature, which will allow money locked up to be ...
Role of Technology in Secondary School Education: OWIS
Technology is a big part of modern classrooms and has brought about a significant shift in how subjects, including the challenging IB curriculum, are taught and absorbed. This incorporation is not ...
Singapore warns on risks, weaknesses to global financial stability
Deepening debt, elevated rates, geopolitical tensions and a slowing Chinese economy were all cited in the Monetary Authority of Singapore’s annual Financial Stability Review.
DBS, OCBC and UOB introduce money-locking features to protect against scams
SINGAPORE — DBS, OCBC and UOB on Monday (Nov 27) announced new money-locking features for customers to guard against scams.
Singapore’s FairPrice Group to absorb 1% GST hike on 500 essential items starting 1 January 2024
SINGAPORE — FairPrice Group (FPG) will absorb the one per cent Goods and Services Tax (GST)increase on 500 essential items for six months, starting 1 January 2024. In a press release on Monday (27 ...
Singapore’s First Fully Electric Cargo Vessel Launched
Yinson GreenTech (YGT) and the Goal Zero Consortium led by SeaTech Solutions have officially launched Hydromover, a ...
Singapore companies, banks remain financially resilient even as borrowing cost rise: MAS
But risks from higher interest rates, tighter financial conditions, and geopolitical uncertainty remain elevated. Read more at straitstimes.com.
COVID-19 death: Singapore reports first under-12 fatality of 2023, in 13-month-old boy who died in October
A 13-month-old boy from Singapore died due to COVID-19 on 12 October, marking the country's first COVID-19 death in a child below the age of 12 this year.
Singapore Bank Concern Grows About Illegal Money Flows, MAS Says
Singapore’s finance firms are now more concerned about risks stemming from potential money laundering and terrorism financing, in the wake of the island-wide raid earlier this year that captured more ...
Singapore Warns of Potential Vulnerabilities From Higher Rates
The combination of elevated global interest rates and pre-existing weaknesses remain a threat to world financial-market stability, Singapore’s central bank has warned.
UOB, OCBC and DBS customers can soon ‘lock up’ savings for in-person withdrawal only
The feature is designed to prevent fraudsters from siphoning money out of a hacked account. Read more at straitstimes.com.
DBS, UOB and OCBC to allow customers to lock-up funds amid rising scam cases
Customers can lock up funds in their bank accounts to safeguard against unauthorised transfers and malware scams.
UOB, OCBC & DBS letting customers ‘lock up’ money in bank accounts in anti-scam move
UOB, OCBC and DBS Bank customers can soon lock up the money in their bank accounts to stop any digital transactions in an anti-scam move. UOB and OCBC will roll out the feature on Nov. 30. DBS Bank ...
China raises fuel oil import quotas by 3 mln tons for non-state firms
China has issued an additional 3 million metric tons in fuel oil import quotas in 2023 for non-state firms, according to a notice released by the country's Ministry of Commerce on Monday.
India’s bilateral FTA with Singapore and as part of Asean needs to be studied together: GTRI
The think-tank GTRI suggests that India should study its bilateral free trade agreements with Singapore and Thailand while reviewing its trade pact with the Asean bloc. GTRI also recommends a similar ...