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Posted on 27/11/2023

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.

Posted on 27/11/2023

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 ...

Posted on 27/11/2023

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 ...

Posted on 27/11/2023

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.

Posted on 27/11/2023

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.

Posted on 27/11/2023

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 ...

Posted on 27/11/2023

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.

Posted on 27/11/2023

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.

Posted on 27/11/2023

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.

Posted on 27/11/2023

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 ...

Posted on 27/11/2023

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.

Posted on 27/11/2023

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 ...

Posted on 27/11/2023

Singapore Bourse May Reclaim 3,100-Point Level

The Singapore stock market has tracked lower in consecutive trading days, slumping more than 20 points or 0.6 percent along the way.

Posted on 27/11/2023

Are young Singapore investors growing their wealth the wrong way?

SINGAPORE: Young investors here have performed poorly in managing their portfolios, according to an OCBC survey, although some online share trading platforms report that they are holding their own ...

Posted on 27/11/2023

Singapore debuts first ‘zero emission’ electric cargo vessel

Singapore’s first electric cargo vessel has been officially launched marking a significant milestone in the city state’s decarbonisation of its maritime industry.

Posted on 27/11/2023

I spent years working towards my dream job at JPMorgan in Singapore. But 2 years after I got it, I quit — here’s why.

Working at JP Morgan was a long-held dream for Xaviera Ho, 29. But she left the job after two years.

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