HSBC Singapore will not be affected this year by the bank’s planned global redundancies that would impact 35,000 staff in the medium term, according to sources close to the matter.
IN addition to its banking services, DBS Asia Hub at Changi Business Park will soon also house a community farm with some 50 varieties of edible plants and herbs.
INSURER AIA Singapore on Wednesday said all employees will get S$1,000 as part of the company's work from home assistance. The move is set to benefit more than 1,000 permanent and contract staff.
The Singapore Overnight Rate Average (SORA) will soon replace the current Swap Offer Rate (SOR) as a benchmark for loans. Here’s how SORA will be computed
THE total amount of venture capital raised by fintech companies in the Asia-Pacific region in the first quarter of the year fell 58.5 per cent sequentially to US$1.3 billion (S$1.81 billion), a report by S&P Global Market Intelligence on Tuesday said.
A CONSORTIUM led by US private equity giant KKR has acquired a minority stake in Vinhomes for a total consideration of 15.1 trillion Vietnamese dong (S$904.3 million).
OCBC Bank and CapitaLand have inked Singapore’s inaugural loan facility agreement referencing the Singapore Overnight Rate Average (SORA), for a S$150 million three-year corporate loan.
WITH their respective pledges to create new jobs amid economic uncertainty, Singapore's two largest banks have committed to 5,000 new hires this year, with an emphasis on tech-related roles, as the Covid-19 crisis continues to expedite digitalisation in the sector.
HONG Kong's AMTD Group is ramping up its presence in Singapore, following its subsidiary's recent dual listing here and digital bank ambitions.
SINGAPORE financial institutions can reopen shuttered branches and staff can meet their customers face to face again from Friday, the Monetary Authority of Singapore (MAS) has said.










