SINGAPORE’S overall factory activity grew at a slightly slower pace in April, but the key electronics sector saw a faster pickup, according to data from the Singapore Institute of Purchasing and ...
Singapore DBS’s digital services hit days after central bank ban ends
The disruptions came two days after Singapore’s financial regulator announced an end to the six-month ban on non-essential activities it had imposed on the country’s biggest bank.
OCBC’s Indonesia subsidiary completes acquisition of PT Bank Commonwealth
In a media release on May 2, OCBC said that the acquisition was complete on May 1. OCBC Indonesia now owns 100 per cent of PTBC’s shares, making PTBC a wholly-owned subsidiary of PT Bank OCBC NISP ...
Singapore Manufacturing Activity Continues to Expand, But at Slower Pace
A key gauge of Singapore's manufacturing activity stretched its run of growth to an eight consecutive month, but lost pace, ...
Comment: Dead pangolins take sheen off Singapore’s ‘city in nature’ slogan
April 30 - The past few years have seen a record number of critically endangered Sunda pangolins – bizarre beasts also known as scaly anteaters – perish on Singapore’s roads, as the wealthy island ...
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 ...
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.
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.
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 ...)
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, ...
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 ...
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 ...
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 ...
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.
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 ...
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.