Asian Development Bank opens new office in Singapore

The new space signifies deepening efforts to collaborate on some of the most pressing development challenges facing Asia and the Pacific.


DBS reports record SGD 6.39 billion profits for 2019

DBS fourth-quarter earnings increased 14 per cent to SGD 1.51 billion.


SMEs in Singapore to focus on productivity in 2020: UOB survey

One of the ways SMEs are planning to achieve their productivity goals is to increase their investments in technology.


Maybank Kim Eng cuts 5 per cent of Singapore manpower

Maybank Kim Eng has reduced 5 per cent of its manpower in Singapore amid stiff competition from fintech firms, according to news reports.


Singapore central bank to issue digital bank licences

The move extends digital bank licences to non-bank players.


Indian bank manager charged for using fake signature to embezzle money in Dubai

The Court of First Instance in Dubai has charged a former Indian bank manager with embezzling more than AED120,000 from a customer’s...


NRI loses ancestral jewellery as bank locker ransacked

If you think that bank lockers are the safest place for your valuables, then think again! An NRI from Singapore has alleged that his gold...

Global NRI Stories

Bank of Singapore ties up with Edelweiss Group to capitalise on India’s wealth

Bank of Singapore has tied up with India’s largest financial service provider Edelweiss Group to allow clients of both entities to access...


StanChart Appoints New Head Of Global Banking In Singapore

Standard Chartered Bank announced yesterday that it has hired Chow Wan Thonh as its head of global banking, Singapore. She will report to...


DBS to double staff in Dubai to tap wealth of Middle East businessmen and rich NRIs

In order to capitalise on the growing wealth of Middle East businessmen and rich Non-Resident Indians, DBS plans to almost triple its...


DBS CEO Piyush Gupta says fears about US-Sino trade war "somewhat overblown" for now

The fears surrounding the impact of the United States-China trade war are “somewhat overblown” for now, said Piyush Gupta, Chief...


Indian govt thinking of dollar deposit scheme for NRIs to halt Rupee's fall

Trying to arrest the continued slide of the Indian rupee, the nation's government is reportedly considering a dollar deposit scheme for...


MAS warns of fraudulent website soliciting bitcoin investments

The fraudulent site asks readers to sign up for a Bitcoin account and requests for credit card or bank account details.


OCBC apologises for software failure that caused outage for 3-4 hours

OCBC said the incident was due to a software failure that was not detected "due to a human oversight".


SBI opens remittance centre in Singapore

For helping overseas Indians send money to their relatives back home, the State Bank of India (SBI) has opened its first remittance outlet...


DBS named world's best bank by Global Finance magazine

Local bank DBS is the first Asian bank to receive the accolade.


OCBC launches robo-investing tool, a first in Southeast Asia

OCBC Bank launched its algorithm-based investment service, RoboInvest.


DBS among 7 Best Employers of Singapore 2018: Aon study

Seven organisations, including DBS Bank, are in the list of Best Employers of Singapore in 2018. To add icing on the cake, DBS Bank has...


DBS posts 20 percent increase in Q2 profits

DBS said it benefited from rising local interest rates and fee income from its expanding wealth management operations.


Firefighting from the Top: Former Chairman of SBI Arundhati Bhattacharya

Last week, I had the honour of being invited by the Jadavpur University Alumni Association Singapore to a Fireside Chat in NTU One North...

Singapore Analysis & Commentary

DBS launches property marketplace, offering listings from both agents and owners

DBS is the first bank in Southeast Asia to launch an online property marketplace that offers listings from both agents and owners.


Singapore-based DBS Bank to start India subsidiary from October

Singapore’s DBS Bank will launch its India subsidiary in October. It will become the second foreign bank to open a local unit.


OCBC posted 29 percent increase in quarterly net profit

Singapore headquartered Oversea-Chinese Banking Corp (OCBC)'s quarterly net profit rose 29 percent


OCBC net profit touches SGD4.15 billion in 2017

Singapore’s second-largest lender, Oversea-Chinese Banking Corporation (OCBC) reported a net profit of SGD4.15 billion in 2017, which is...


Choosing the right partners and projects will determine your success in India: Amit Sinha of DBS

As the first Singapore bank to establish a presence in India in 1984, DBS is well placed to talk about the opportunities and the challenges...

Singapore Spotlight - @work