Singapore
Singapore to invest S$180m for AI research
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.
OCBC launches one-stop travel site ahead of Singapore’s re-opening
Also included with the launch is a credit card focusing on travel.
Standard Chartered targets Singaporean millennials in new ‘smart card’
Cardholders can earn up to 6% cashback first when used in digital subscriptions.
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