ONLINE payments facilitator, PayPal yesterday announced plans to ramp up Singapore operations with more hires and a tie-up with DBS Bank which would make it easier and more secure for the latter's customers to shop online.
MOTOR insurance's losses shrank to $44.5 million last year, from 2008's record loss of $214 million, thanks to better underwriting discipline and an initiative to improve claims reporting, the General Insurance Association (GIA) said yesterday.