Singapore

UOB launches gig employment model for retirees

The bank made the move to strengthen its multi-generation workforce strategy.

UOB launches gig employment model for retirees

The bank made the move to strengthen its multi-generation workforce strategy.

MAS and Bank Indonesia extends $10b bilateral financial agreement

The two extended the agreement until 4 November 2022.

Singapore to invest S$180m for AI research

Heng kicked off the SFF 2021 and announced two new national AI programmes.

Eight Singapore banks to participate in new eGIRO launch

The digitisation initiative aims to cut down the old GIRO process from weeks to minutes.

DBS’ net profits jump 31% to $1.7b in Q3

The non-performing loans rate remained unchanged at 1.5% during the quarter.

OCBC allows real-time digital purchase of gold, silver 

Over $1m and 3,698oz of precious metals have been purchased through the app.

OCBC’s net profits up 19% to S$1.22b in Q3

Net trade income plunged 67%, slightly offset by stronger net fees and commissions.

UOB Q3 profit leaps 57% to S$1.05b

Net profit also saw a rise of 4% QoQ.

Singapore’s SMBs adapt as more consumers seek contactless payments

Nearly four in five Singaporeans expect to use contactless payments, the highest in the world.

DBS rolls out one-stop sustainability-focused platform

The bank will also launch an autonomous carbon calculator service under LiveBetter.

Citi names global head of D10X under institutional clients group

The D10X focuses on the development of new solutions for Citi's institutional clients.

HSBC Singapore extends S$6m green loan to Durapower Group

Durapower will use the loan for its lithium-ion energy storage solutions.

OCBC extends S$148m green loan to Tong Eng Group unit

It is the bank’s first green loan to use the BCA’s BEEA tool.

DBS names Soh Kian Tiong as chief risk officer

He has over 25 years of experience in business and risk roles.

Deutsche Bank hires former HSBC head

Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.

Maybank Singapore unveils mixed Shariah-compliant investment fund

The fund aims to achieve a potential monthly dividend payout of 5% per annum.

UOB unveils financing platform for businesses, homeowners’ green energy needs

The U-Energy platform has nine partners that can support energy efficiency projects.