GXS Bank, the digital bank joint venture between Malaysian ride hailing firm Grab Holdings and Singaporean telecommunication operator Singtel, unveiled its first financial product on Wednesday, almost ... ( read original story ...)
Jail for offender who helped man obtain bank loan by submitting forged payslips
Ng Jia Hao was sentenced to nine months' jail after he admitted to engaging in a conspiracy with at least three other men to cheat the bank. Read more at straitstimes.com. ( read original story ...)
OCBC raises 360 account interest rates for the first time since 2021
The "Spend" category was removed from the 360 account in July 2020, according to The Straits Times. This marks the first time OCBC has raised interest ... ( read original story ...)
UOB joins local banks in raising interest rates for savings accounts
UOB’s move comes on the heels of a similar announcement by OCBC this week amid a rising interest rate environment. ( read original story ...)
Crazy rich relocations: Singapore becomes a haven for Chinese elite
Beijing’s talk of ‘going after the entrepreneurs’, its draconian Covid lockdowns and a growing hostility to China from the west all make the city-state an attractive place to reside ... ( read original story ...)
Resumption of Malaysian chicken exports: Supply stability, high prices remain concerns for consumers, businesses
Some chicken rice stall owners here fear that the move does not mean a guaranteed supply. Read more at straitstimes.com. ( read original story ...)
Chinese engineer flies to Singapore for Shopee job but offer is pulled on his arrival
Shopee, operator of the largest e-commerce platform in Southeast Asia, has cancelled a number of employment offers last minute, which gained attention in China when one worker posted his plight on ... ( read original story ...)
Singapore bars sole Olympic champion from competition after cannabis use
Singapore's only Olympic gold medal winner, swimmer Joseph Schooling, will not be given further leave from national service to compete because he admitted to using cannabis, the tightly-controlled ... ( read original story ...)
Singapore sees the rise of million-dollar HDB flats
Hundreds of public housing apartments in Singapore, one of the world's most expensive cities, are being sold for over one million Singapore dollars as Covid-19 -related construction delays create a ... ( read original story ...)
‘Gen Z bank’ GXS launches with Grab, Singtel backing
Styled as a “digital native”, the digital bank’s main product is the GXS Savings Account, targeted at gig economy workers, self-employed entrepreneurs, small businesses and those new to the workforce. ( read original story ...)
Should CPF savings interest rate be raised as banks’ savings and mortgage rates rise?
When Singapore's banks promote higher deposit interest rates for customers, some folks wonder if CPF Savings interest rate would also rise. ( read original story ...)
Best Fixed Deposit Rates in Singapore (Sept 2022) — DBS, UOB, OCBC & More
Fixed deposit (sometimes called time deposit) accounts are low-risk investments that earn you interest over a fixed commitment period. You don't need to do anything to earn this interest, just park ... ( read original story ...)
Singapore’s Temasek To Invest $100 Million In Animoca Brands
Singapore-based state investor Temasek will lead the financing round through convertible bonds, according to a report. ( read original story ...)
Grab-Singtel consortium launches GXS Bank, Singapore’s first digital bank
GSX Bank, backed by Grab and Singtel, has launched as Singapore’s first digital bank for consumers and businesses. What is it offering? ( read original story ...)
Singapore swimming hero Joseph Schooling admits using cannabis while competing in Vietnam
(CNN)Singapore's first and only Olympic gold medalist Joseph Schooling has apologized for consuming cannabis while training and competing in Vietnam. Schooling, a swimmer, confessed on Tuesday to ... ( read original story ...)
moomoo Singapore wealth management AUM soared 3.7 times in 3 months, with a high market share of over 22% in Q2 2022
Futu Holdings Limited (Nasdaq: FUTU; "Futu"), the parent company of Singapore's leading digital brokerage and wealth management ... ( read original story ...)