Featured Archives • Page 1223 of 1335 • Financial News

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Banks, telco, property firms help businesses hit by covid-19 outbreak

BUSINESSES in Singapore facing cashflow and financial constraints due to the novel coronavirus may find some respite in new initiatives announced this week.

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UOB sets aside S$3b as “relief assistance” to SMEs

UNITED Overseas Bank (UOB) on Wednesday said it has set aside S$3 billion to provide companies, especially small- and medium-sized enterprises (SMEs), in Singapore with relief assistance to tide over the negative impact of the Covid-19 outbreak on their business.

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DBS confirms novel coronavirus case at MBFC

DBS on Wednesday confirmed that one employee has been infected with the novel coronavirus at the bank's Marina Bay Financial Centre (MBFC) office.

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Under 200 DBS staff sent home after MBFC employee found to have Covid-19

DBS on Wednesday confirmed that one employee working at the bank's main Marina Bay Financial Centre (MBFC) office has been infected with the novel coronavirus.

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Singapore incumbent banks should launch digital offensive in Asean

THERE was a scramble for non-bank players to speed-date the traditional lenders in Singapore, but thus far, none has made it to the altar with the final digital-bank consortia.

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Digital banks unlikely to replace existing bank accounts: study

DIGITAL banks are not expected to replace existing primary banking relationships for the majority of customers in Singapore, with most likely to view their digital bank as a secondary account if they do open one.

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Virus outbreak to take centre stage at local banks’ FY19 results briefings

THE focus of the upcoming Singapore banks' results will likely centre on the impact of the deadly novel coronavirus outbreak, with global growth expected to slow as China - the world's second largest economy - takes a hard hit.

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Singapore’s financial district on high alert as infections surface there

BUSINESSES clustered in Singapore's financial district have heightened their monitoring efforts amid the novel coronavirus outbreak, reflecting the realities of Singapore being a large financial centre where banks and other large corporations dot Shenton Way and the Marina Bay.

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2 in 5 will only consider ‘popular and successful’ digibanks in Singapore: PwC poll

YOUNGER customers and higher-income individuals are keen to open a digital bank account in Singapore, even as two in five of overall respondents indicated that they would only consider doing so if the digital bank is “popular and successful”.

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OCBC hires another HSBC banker to drive Greater China business

OCBC's Bank of Singapore has hired a senior HSBC banker to drive its wealth business from Greater China and North Asia clients, the latest publicised appointment following another high-profile hire from HSBC by OCBC at the start of this year.

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