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Posted on 12/01/2021

UOB advances Singapore’s SORA Transition with the First Capital Securities resettable against SORA Overnight Indexed Swap Rate

UOB has announced that it has successfully priced Singapore’s first capital securities with a reset coupon rate that references the Singapore Overnight Rate Average Overnight Indexed Swap (SORA-OIS) ... ( read original story ...)

Posted on 11/01/2021

Singapore Restricts Flexibility for Some Foreign Employees

Singapore is tightening restrictions on intra-corporate transferees, one category of workers brought from overseas offices of multinational corporations, the Straits Times reported. ( read original story ...)

Posted on 11/01/2021

Need New Notes This CNY? DBS Users Can Book A Slot Online Or Withdraw From 61 ATMs In S’pore

To prevent potential crowding during the new notes exchange period, DBS/POSB will further boost access to new notes withdrawal services. The post Need New Notes This CNY? DBS Users Can Book A Slot ... ( read original story ...)

Posted on 11/01/2021

Helen Wong’s journey from HSBC to the top of OCBC is complete

Wong’s departure from HSBC, where she was head of Greater China, in August 2019 raised the questions of where could she be going and why. The answer is that she will succeed Samuel Tsien as OCBC’s ... ( read original story ...)

Posted on 11/01/2021

Singapore touts ‘greener’ digital monetary gifts this Lunar New Year

Annual production of new bank notes, to facilitate the gift-giving tradition marking the Lunar New Year, is estimated to be some 330 tonnes or the equivalent of charging 5.7 million smartphones in ... ( read original story ...)

Posted on 11/01/2021

Singapore’s defense minister: What will threaten future generations?

What global events might test future generations, particularly in the defense and security arena? Two come to mind. ( read original story ...)

Posted on 11/01/2021

Singapore puts curbs on corporate transfers for some foreign employees

The changes send a stronger signal that multinational corporations need to consider hiring locals before transferring in a foreign worker, local media reported. ( read original story ...)

Posted on 11/01/2021

OCBC launches solar panel consumer loan for landed property home owners

OCBC has launched a consumer loan for landed property home owners looking to install solar panels on their homes.. Read more at straitstimes.com. ( read original story ...)

Posted on 11/01/2021

DBS Users, Here’s How You Can Get New Notes This Chinese New Year Starting From Jan 25

To prevent potential crowding during the new notes exchange period, DBS/POSB will further boost access to new notes withdrawal services. The post DBS Users, Here’s How You Can Get New Notes This ... ( read original story ...)

Posted on 11/01/2021

Singapore Seeks to Push New Year Money Gifting Tradition Online

Singapore’s tradition of gifting new bank notes during the Lunar New Year celebrations generates the same level of emissions as charging 5.7 million smart-phones for five days. The city state’s ... ( read original story ...)

Posted on 11/01/2021

22 new COVID-19 cases in Singapore, all imported

SINGAPORE: Singapore reported 22 new COVID-19 cases as of noon on Monday (Jan 11), said the Ministry of Health (MOH) in its preliminary daily update. ( read original story ...)

Posted on 11/01/2021

OCBC floats Singapore’s first consumer loan for installating solar panel

Landed property homeowners can borrow up to $30,000. OCBC has launched Singapore's first consumer loan for the installation of residential solar panels, the bank said in a press release. The loan ... ( read original story ...)

Posted on 11/01/2021

MAS encourages use of e-hongbao for Chinese New Year; online reservation required for new notes from some banks

Those who celebrate Chinese New Year are encouraged to give out e-hong baos this year, as this will help to reduce queues for new notes ... ( read original story ...)

Posted on 11/01/2021

Give e-hongbao this Chinese New Year as safer, environmentally-friendlier option, says MAS

With Chinese New Year around the corner, the "hongbao" - or red packets - traditionally exchanged during this period are on the minds of many Singaporeans.While hongbao are usually given hand-to-hand, ... ( read original story ...)

Posted on 11/01/2021

CNY 2021: Pre-booking needed to withdraw physical notes at DBS, OCBC, UOB

New notes can also be withdrawn without a prior booking at pop-up ATMs by DBS. Pre-ordering of notes are similarly available at non-local banks Maybank and Standard Chartered, alt ... ( read original story ...)

Posted on 11/01/2021

Malaysians with Singapore PR can now apply for PCA scheme to travel home

SINGAPORE: Malaysia citizens who are permanent residents (PRs) working in Singapore are now eligible to apply for the Periodic Commuting ... ( read original story ...)

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