Financial Services

So what has MAS done to prevent fraudulent withdrawals?

Mr Tharman Shanmugaratnam, Deputy Prime Minister and MAS Chairman, has issued a response.

Currency Briefing - what you need to know for Thurs March 8, 2012

The local currency edged a bit while Thursday has been described as the 'D-Day' for the euro.

Currency Briefing - what you need to know for Wed March 7, 2012

The Singapore dollar was hit by investors unwinding carry trades funded by the euro.

Hurrah! Lower income tax rates begin this year

And the good news doesn't stop at that as half of the 1.8m taxpayer base need not file tax returns AT ALL.

Currency Briefing - what you need to know for Tues March 6, 2012

The local currency holds up against the greenback amidst the US dollar’s weakening against the EUR, GBP and JPY.

Uni-Asia Finance Corp appoints Fukumori Masaki as Executive Director

He will manage the Group's Structured Finance and Maritime Investment Department.

Payment industry predictions for 2012

With all the innovation in technology and business in and around Singapore, as well as new consumer behaviour, it’s sometimes difficult to separate...

Why loyalty doesn’t matter but brand rank does?

Almost every marketer worth their salt measures customer satisfaction and loyalty to their brand, believing it's the key to getting their customers...

Wow! OCBC credit cards offer 8% savings per month

Avail of discounts from groceries to healthcare to petrol and utilities - you name it!

Currency Briefing - what you need to know for Mon March 5, 2012

The Singapore dollar lost a little ground to the US dollar which ended last week's North American trading session higher against the G10.

Noble Group names Irene Lee Yun Lien as Director

He is also an Audit Committee Member, and Investment and Capital Markets Committee Member.

Currency Briefing - what you need to know for Fri March 2, 2012

The Singapore dollar is now trading at $1.2476 as the US dollar drops against all of the major currencies except for the euro and Swiss Franc.

UOB prices US$500 million 2.25% fixed rate senior notes

UOB announced that it intends to issue US$500 million 2.25% fixed rate senior notes due 2017.

Banks’ asset quality is as good as it gets: CIMB

And this is the key negative for Singapore’s banking sector.

Currency Briefing - what you need to know for Thurs March 1, 2012

Singapore dollar showed resilience and avoided a steeper decline.

DBS' smashing US$ deposits revealed

US$ deposits grew by S$6.3bn and the US$ funding gap shrunk to S$21bn.