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Posted on 02/05/2024

Singapore diplomat suspended amid probe into allegations he filmed teen at public bath in Japan

SINGAPORE: An officer from Singapore's Ministry of Foreign Affairs (MFA) has been suspended from duties to assist in investigations amid allegations that he filmed a teenager at a public bath in Japan ...

Posted on 02/05/2024

Singapore DBS’s digital services hit days after MAS ban ends

Singapore’s DBS Bank Ltd reported disruptions to its Internet banking and payment services on May 2, days after a six-month action by the central bank over similar glitches ended.

Posted on 02/05/2024

Air Canada’s Longest Flight: New Direct Vancouver To Singapore Route

Air Canada launches its longest direct flight from Vancouver to Singapore, marking the only non-stop link between Canada and Singapore.

Posted on 02/05/2024

S’pore man loses S$2.9 million after getting call from ‘local bank’

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 ...)

Posted on 02/05/2024

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, ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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.

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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.

Posted on 02/05/2024

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.

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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 ...

Posted on 02/05/2024

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.

Posted on 02/05/2024

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 ...

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