HSBC Bank Malaysia Bhd has launched Malaysia’s first multi-currency digital wallet that enables small and medium enterprises (SMEs) to make and receive international payments simply and securely from ... ( read original story ...)
POSB Bank Journeys through Fairy Tales to Champion Financial Literacy in Children
As new forms of finance emerge & cashless living becomes increasingly the reality, the financial literacy of our children is of paramount importance. Recognising this, POSB, Singapore’s largest and ... ( read original story ...)
DBS to stop sending ‘non-essential’ SMSes to customers
Friday, DBS Bank will send only essential SMSes to its retail and wealth customers until further notice. These include security and trade notifications, and OTP authentication SMSes which will have no ... ( read original story ...)
ICA foils attempts to illegally import bak kwa and pork floss from Malaysia
SINGAPORE: The Immigration and Checkpoints Authority (ICA) has foiled attempts to illegally import bak kwa and pork floss through Singapore's land border over the past two weeks. Officers detected 169 ... ( read original story ...)
Singapore fuel oil inventories fall 5% as net imports drop
Singapore residual fuel oil inventories fell 5% in the week to Jan. 19, slipping from a near two-month high in the previous week as net import volumes shrank, official data showed on Thursday. ( read original story ...)
Singapore’s first SPAC debuts four months after rule change, closes 1% higher
The company, Vertex Technology Acquisition Corporation, is sponsored by Vertex Venture, a wholly owned subsidiary of state investor Temasek. ( read original story ...)
Singapore to tighten digital banking security
Banks in Singapore will have to put in place more stringent measures to combat the rise in online phishing scams targeted at bank customers in the city-state ... ( read original story ...)
Singapore Tightens Oversight of Bank Anti-Fraud Plans After Scam
The Monetary Authority of Singapore said it would be “intensifying its scrutiny of major financial institutions’ fraud surveillance mechanisms,” as the Asian financial hub grapples with a spate of ... ( read original story ...)
HSBC launches first multi-currency digital wallet for SMEs
HSBC Bank Malaysia Bhd today launched the HSBC Global Wallet, Malaysia's first multi-currency digital wallet that enables small and medium enterprises (SME) to make and receive international payments ... ( read original story ...)
OCBC’s up to $7 billion excess capital may spark deals: Report
Oversea-Chinese Banking Corp's high capital levels may give South-east Asia's second-largest lender as much as $7 billion in excess funds that could be used for acquisitions, according to Bloomberg ... ( read original story ...)
DBS to only send ‘essential’ SMEs to retail, wealth customers
The bank assured customers that it employs a multi-layered defence system against fraud. DBS announced that it will only send “essential” short message services (SMSes) to its retail and wealth ... ( read original story ...)
Singapore Exports Growth Slows In December
Singapore's non-oil domestic exports growth eased in December, data from Enterprise Singapore showed on Monday. Non-oil domestic ... ( read original story ...)
Singapore lists first SPAC as Asia investors warm up to blank check firms
SINGAPORE: A small blank-check firm backed by state investor Temasek made its Singapore debut on Thursday (Jan 20), marking the first such local listing as Singapore steps up a drive to emerge as a ... ( read original story ...)
Vertex Spac rises in Singapore trading debut
Singapore's first listed Spac saw its IPO public tranche 36 times subscribed. . Read more at straitstimes.com. ( read original story ...)
Singapore’s SPAC foray could draw companies away from Hong Kong and other ASEAN countries, says EY
Ringo Choi of the professional services firm discusses Singapore's venture into the market of special purpose acquisition companies and Asia's race to attract them. ( read original story ...)
Singapore gives banks two-week deadline to fix SMS security
A widespread phishing operation targeting Southeast Asia's second-largest bank – Oversea-Chinese Banking Corporation (OCBC) – has prompted the Monetary Authority of Singapore (MAS) to introduce ... ( read original story ...)