Financial Services

Motorists unhappy even with competitive insurance premium rates

A sound underwriting and pricing need to interplay, says General Insurance Association of Singapore.

Currency Briefing - what you need to know for Wed March 28, 2012

The Singapore dollar holds steady against the greenback at $1.2581.

Government to review the minimum level qualifications of financial advisory reps

Singapore current requirements do not stack up well against major jurisdictions, says MAS.

Currency Briefing - what you need to know for Tues March 27, 2012

Comments from FOMC Chair Ben Bernanke left the US dollar lower against major currencies while the euro reaped benefits.

Pay your credit card bills with OCBC's 'pay any card' service

Visa, MasterCard, AmEx or Diners Club - name it; you can pay your credit card bills via OCBC Internet and Mobile Banking.

Great Eastern Holdings appoints Samuel Nag Tsien as Director

Mr. Tsien has been working as a senior executive in huge banks. 

Currency Briefing - what you need to know for Fri March 23, 2012

The past two days saw losses for most currencies amidst renewed concerns about the sustainability of global growth.

Currency Briefing - what you need to know for Thurs March 22, 2012

The British pound and the Japanese Yen were the only currencies to outperform the US dollar.

Lehman Brothers Singapore subsidiaries announce voluntary liquidation

One subsidiary has also submitted its resignation from the Singapore Exchange.

RBS closes cash equities operations in Singapore

Other Asian units affected are those in South Korea and Indonesia.

Currency Briefing - what you need to know for Wed March 21, 2012

The local currency is currently trading at $1.2616, the level it is expected to trade at by the end of 2012.

Citi, JP Morgan and StanChart losing to DBS in SME transaction banking : CIMB

CIMB claims DBS' transaction business which account for 14% of revenue is growing at the expense of rivals.

Currency Briefing - what you need to know for Tues March 20, 2012

The local currency has gained a little on the US dollar, thanks to better-than-expected export numbers.

Meet Manulife's newest senior appointments

Leo Ng, Carolyn Pritchard, and Nicola Vincent will now be holding new positions.

Singapore covered bonds plan positive, supply may be low

The Monetary Authority of Singapore's proposal to introduce rules for covered bond issuance would be positive for Singaporean banks if enacted, as...