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Posted on August 3, 2020

StanChart gets to double footprint in Singapore as first significantly rooted foreign bank; MAS enhances scheme

SINGAPORE – The Monetary Authority of Singapore (MAS) on Monday (Aug 3) named Standard Chartered Bank (Singapore) the first Significantly Rooted Foreign Bank (SRFB) here, allowing it to operate up to …

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Posted on August 3, 2020

Manulife Singapore: 2 in 3 do not have the confidence to resume “normal” life post-circuit breaker

A new Manulife survey about the impact of COVID-19 and circuit breaker measures on the lives of people living in Singapore has revealed that 60% of respondents are not confident to be part of crowds …

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Posted on August 3, 2020

Singapore May Allow Foreign Banks to Create Digital-Only Units

The Monetary Authority of Singapore said it plans to revise rules governing foreign banks with a substantial local presence that may allow them to open digital-only banking subsidiaries.

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Posted on August 3, 2020

Singapore Stock Market Set To Halt Slide

Volume was 1.99 billion shares worth 2.97 billion Singapore dollars. There were 289 decliners and 184 gainers. Among the actives, Oversea-Chinese Banking Corporation plummeted 3.82 percent, while …

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Posted on August 3, 2020

Ad fraud rate in SEA drops, but finance remains vulnerable

Marketing Interactive is Asia’s leading source of advertising, marketing & media news. News coverage includes Singapore, Malaysia and Hong Kong, reaching out to all marketing & advertising related …

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Posted on August 3, 2020

China Wealth Manager Hywin Plans Foray Into Singapore

Hywin Wealth Management Co. is weighing an expansion into Singapore to follow its Chinese clients and tap the surge of wealthy individuals in Southeast Asia.

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Posted on August 3, 2020

Singapore and Malaysia ease rules

The Immigration and Checkpoints Authority of Singapore (ICA) website released details of the latest agreement at the weekend. It allows Singapore and Malaysia residents who hold l …

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Posted on August 2, 2020

International Flights: Kuwait Resumes Services But Won’t Allow Flights From India, Other Countries | Here’s Why

Some of the banned countries include India, Iran, China, Brazil, Lebanon, Spain, Singapore, Egypt and Sri Lanka.

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Posted on August 2, 2020

Sole new community Covid-19 case in Singapore is PR with links to previous imported case

There were 313 new coronavirus cases confirmed as of Sunday noon, taking Singapore’s total to 52,825.. Read more at straitstimes.com.

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Posted on August 2, 2020

SocGen shuts Singapore trade commodity desk after Hin Leong hit

Societe Generale is closing its trade commodity finance unit in Singapore after the collapse of Hin Leong Trading prompted the bank to halt fresh funding to such firms in the region.. Read more at …

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