News

Singapore’s big three banks averaged 3% decline in total returns in Jan-May: SGX

They are performing better than their US counterparts, however.

UOB unveils exclusive wine pairing dinners for cardholders

Cardholders can also attend invite-only wine masterclasses.

Foreign JCB cardholders offered Tokyo Tower discounts

They can avail a 30% discount on the admission fee until 30 April 2024.

Hang Seng Bank names Shelley Zhou as head of corporate sustainability

The new executive will head its sustainability division.

Hang Seng Bank upgrades Hysan Avenue Branch to become pet-friendly

The branch offers a designated pet-friendly waiting area.

Ravi Menon reappointed as managing director of MAS

Senior Advisor Goh Chok Tong is stepping down from his position.

MAS introduces scheme to boost polytechnic grads in financial sector

The authority wants an increase of more than 80% in polytechnic graduates in the sector.

South Korean banks’ loans to households, corporates up in April

Corporates borrowed money for dividend payments, the Bank of Korea said.

Mastercard intensifies fraud protection measures for e-commerce sellers

About US$10.6b in fraud will potentially affect Asian merchants in 2023.

HSBC SG partners with Mastercard for travel credit card

It aims to provide convenience for travellers due to the rise in post-pandemic traffic.

OCBC prices A$1b senior floating rate green notes

The bank will issue the notes through its Sydney Branch.

Moomoo Singapore and Wise collaborate for easy trade deposit system

The app will allow Singaporeans to change the local currency to Singapore dollars based on real-time exchange rates.

Unsecured lending pushes Philippine banks’ retail lending growth

Salary-backed general consumption loans jumped 68.8%.

Macau Pass to provide acquiring services to SEA e-wallets 

The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

Acquisition of Citi’s ASEAN units to boost revenue: UOB

Total UOB cardholders in the region jumped 60% as of end-2022.