Financial Services
OCBC rolls out free online will writing service
Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.
OCBC rolls out free online will writing service
Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.
Local firms slack off in bills payment for Q4 2018
Prompt payments fell from 50.40% to 48.43% in a year.
Singapore banks' earnings turnaround hit by steep funding costs
NIMs have only inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.
Daily Briefing: Singapore's rental market may soften 3% amidst lower expat arrivals; SPH REIT Management buys 85% stake in Australian shopping centre for US$124.5m
And the Singapore dollar hits a 13-month high against the Malaysian ringgit.
Chart of the Day: Singapore banks' loan growth could slow down to 6.2% in 2019
Investors should take comfort that loan growth is still in the positive territory, analysts said.
Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong
This translates to almost 50 investment bankers leaving in the past six months.
Western Union rolls out its remittance mobile app in Singapore
Customers can send money directly into international bank accounts and mobile wallets.
MAS slaps lifetime prohibition order against former Goldman exec
He will also be prohibited from taking part in managing any capital markets services firm in Singapore.
Deloitte appoints Cheung Pui Yuen as Singapore managing partner
He will succeed Philip Yuen.
Business optimism moderates to 7.19 ppt for Q1 2019
Services, transportation and wholesale were the most optimistic sectors.
Singapore stock dividends estimated to fall 2.8% to $19.87b in 2019: report
The drop is due to the absence of one-off special dividends paid by DBS and Keppel Corporation.
OCBC rolls out digital account opening service for MNCs
The time taken to set up an account will be cut 75% from months to weeks.
Mobile wallet usage boosts business growth for small merchants: study
Monthly card sales increased 7% after adopting cashless payment methods.
Daily Briefing: Grant borrowers who repay their loans on time will benefit from new money lending business models; venture capital firm ICT Fund set to launch US$100m vehicle in 2019
And business management AI platform Osome clinches US$2m seed funding.
Great Eastern to acquire Indonesian insurance frm for U$28m
PT QBE General Insurance Indonesia will be absorbed as subsidiary.
Singtel's mobile app Dash welcomes Visa and Apple Pay
Users can use their Visa Virtual accounts and Apple pay for transactions online and in-store worldwide.
Daily Briefing: Standard Chartered's Ventures team hires more people amidst global layoffs; Centurion Corp hits its first close of global student accommodation fund
And here’s why the cryptocurrency crash offers a slap of reality for Singapore investors.
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