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Covid-19 pandemic, border restrictions may hinder Singapore's economic recovery: Experts
SINGAPORE (The Straits Times/Asia News Network): While the economy and employment opportunities are expected to recover further in 2022, risk factors like the Covid-19 pandemic and border restrictions could trip up the process, said economic and human resource experts on Friday (Jan 28).
Man, 22, gets three months’ jail in SG for opening bank account used by scammers
After being promised S$500 (RM1,554), a 22-year-old man opened a bank account for a stranger who then used it to receive money from people he scammed.
Man in SG arrested for suspected involvement in e-commerce scams which cost victims over S$27,000
A 21-year-old man has been arrested for his suspected involvement in a series of ecommerce scams, the police said on Wednesday (Jan 26).
In a surprise move, Singapore tightens monetary policy on inflation risks
SINGAPORE: Singapore’s central bank has tightened its monetary policy settings in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation pressures across the region.
In surprise move, Singapore tightens monetary policy on inflation risks
SINGAPORE: Singapore's central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation pressures across the region.
MAS tightens Singdollar policy for second time in three months to counter rising inflation
SINGAPORE (The Straits Times/Asia News Network): Singapore’s central bank tightened its monetary policy in a surprise off-cycle move on Tuesday (Jan 25), to help strengthen the Singapore dollar and combat inflation running at its fastest pace in nearly eight years.
Bank staff resplendent in traditional attire on Wednesdays
IT’S a colourful sight at OCBC Bank’s Kuching branch every Wednesday when the staff come to work in Sarawakian traditional costumes in celebration of Malaysia’s cultural diversity and local heritage.
Cyber risk alert for banks
CONCERNS are mounting following the recent phishing scams involving Singapore’s second largest bank Oversea-Chinese Banking Corp (OCBC), with industry observers noting that such cases are set to go up here as well.
Singapore warns of scam e-mail telling recipients to buy pass to receive funds from Bill Gates
The Inland Revenue Authority of Singapore (Iras) on Friday (Jan 21) warned of a scam e-mail where recipients are told to buy an "approval pass" to receive funds from billionaire Bill Gates.
OCBC’s excess capital may spark acquisition deals
SINGAPORE: Oversea-Chinese Banking Corp’s (OCBC) high capital levels may give South-East Asia’s second-largest lender as much as S$7bil (US$5.2bil or RM21.7bil) in excess funds that could be used for acquisitions, according to Bloomberg Intelligence analyst Rena Kwok.
