The man was instructed by the “local authorities” to make a series of bank transactions to an account as part of “investigations” and to prove his innocence. He wound up losing about S$2.9 million. ( read original story ...)
HSBC appoints Gilbert Ng as Singapore head of global banking
HSBC has appointed Gilbert Ng as its Singapore head of global banking. Ng joins the bank on May 2. Ng succeeds Priya Kini, who took on a new role early this year as head of commercial banking, ...
OCBC ‘not in the business of providing liquidity’ for Great Eastern
OCBC is “not hoarders of capital”, said Lee, despite the bank’s common equity tier-1 (CET-1) ratio standing at 15.9% for FY2023, above DBS’s 14.6% and UOB’s 13.4%. As of 1QFY2024, DBS’s CET-1 has ...
DBS, POSB internet banking services down for some users
SINGAPORE: DBS and POSB internet banking and payment services were down for some users on Thursday (May 2). In a notice to users on its mobile app, DBS said: "Access to digital services is currently ...
DBS Quarterly Results Beat Forecasts, Anticipates Another Record Year
DBS Group, Singapore’s premier banking institution, recently unveiled its first-quarter financial results, exceeding market ...
DBS/POSB digital banking services down for some customers
This includes logging into their bank accounts on their apps and using PayLah!. Read more at straitstimes.com.
DBS quarterly results trounce forecasts, another record year expected
Singapore's biggest bank DBS Group expects its net profit to grow this year, it said on Thursday, after posting a 15% rise in first quarter net profit that beat expectations, driven by strong total ...
The Peter-Piyush show at DBS hits $100 billion, and Singapore should cheer
The Peter Seah and Piyush Gupta combination has overcome disruptions and worked well for DBS. Read more at straitstimes.com.
DBS Wealthy Clients’ Return to Trading Seen Fueling 2024 Profit
DBS Group Holdings Ltd.’s chief executive said its rich clients are becoming more active in trading, which will drive profits at Singapore’s largest lender this year.
DBS Reports Record Profit of S$2.96 Billion and Ups Interim Dividend by 42%: 5 Highlights from the Bank’s 1Q 2024 Earnings
Singapore’s largest bank continues its momentum by reporting an impressive set of results for the quarter. The post DBS Reports Record Profit of S$2.96 Billion and Ups Interim Dividend by 42%: 5 ...
2 men charged over gang armed robbery of S$4.34m in cash, luxury watches, crypto from King Albert Park home
SINGAPORE — Two men were charged in court on Thursday (May 2) for their suspected involvement in a case of gang armed robbery of valuables estimated to be worth S$4.34 million. They had been arrested ...
The curious case of Singapore’s ‘Eastie’ identity
Those who live in eastern Singapore have developed a distinctive ‘Eastie’ identity. Regional identities are not a bad development, but they should remain inclusive. Read more at straitstimes.com.
Singapore’s LTA looks to the future with cloud-based fleet management technology from Trapeze Group
The solution also supports Singapore’s current EV bus fleet rollout with monitoring of EV assets through seamless integration with on-board technology and the charging infrastructure platform. To ...
Singapore well-placed to weather global supply chain shake-up: Trade Minister Gan Kim Yong
WASHINGTON: A shake-up of global supply chains is under way but trust in Singapore will ensure that there remains a place for the Republic in any new configurations that emerge, said Singapore’s Trade ...
ST Engineering bags more than $175 million in contracts to upgrade Singapore’s public bus fleet
SINGAPORE - Singapore Technologies Engineering’s urban ... translating into improved service and travel experiences for bus commuters”. Technology upgrades will include a new bus fleet management ...
Net profit of Singapore’s DBS hits record in Q1
Singapore's major banking group DBS saw its net profit for the first quarter rise 15 percent year on year to a record 2.96 Kenya breaking news | Kenya news today | ...