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DBS approves over 3,500 loans worth more than S$1.1b for micro, small enterprises

DBS has approved over 3,500 loans for micro and small enterprises, totalling more than S$1.1 billion, under Enterprise Singapore's financing schemes.

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DBS approves over 3,500 loans, worth over S$1.1b, for micro and small enterprises

DBS has approved over 3,500 loans for micro and small enterprises, totalling more than S$1.1 billion, under Enterprise Singapore's financing schemes.

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Many merchants, hawkers may not survive another 4-6 weeks of closure

MANY heartland merchants and hawkers may not survive another four to six weeks of closure even with government aid, warned the Federation of Merchants' Associations, Singapore (FMAS), prompting it to make five recommendations to help the ailing sector on Friday.

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Dialling up the future of call centres at banks

HERE'S a peek into the future of customer centres at banks. An online transaction fails to go through, and right there and then, the bank will send the customer a chat message, a text, or an e-mail, before having him or her ring up the bank to...

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New Q1 sales in Singapore life insurance sector grows 10%

NEW business in Singapore's life insurance industry, in terms of total weighted premiums, grew 10 per cent to S$965.8 million for the first quarter from January to March 2020, from S$877.8 million a year ago.

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Hotel Properties prices S$170m five-year notes at 3.8%

HOTEL Properties Limited (HPL) has closed the order book for S$170 million of five-year notes, recording S$200 million from over 30 accounts, joint lead manager and bookrunner DBS said on Friday.

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Singapore life insurance sector sees 10% rise in new sales for Q1

SINGAPORE'S life insurance industry saw new business, in terms of total weighted premiums, grow 10 per cent to S$965.8 million for the first quarter from January to March 2020, from S$877.8 million a year ago.

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Citi returning JSS funds; local banks pledge to keep, create jobs

CITI Singapore has moved to return to the government the co-funding offered to all companies as a form of wage support amid the Covid-19 outbreak.

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Banks get a glimpse of post-Covid-19 future

LIKE all businesses upended by the pandemic lockdowns, banks were forced to reorganise with little time. They managed to shutter large parts of their branch networks and to send most of their employees to work remotely. So far, the experiment has been largely free of glitches -...

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Sea prices US$1b convertible notes at 2.375%

INTERNET company Sea Ltd, which owns e-commerce platform Shopee and game developer Garena, is offering US$1 billion in convertible senior notes due in 2025.

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