OCBC and Great Eastern to defer AGMs

WITH Singapore on Friday announcing tighter movement restrictions within the country due to the virus outbreak, OCBC Bank said its annual general meeting (AGM), originally scheduled for April 30, will be postponed. Its insurance arm, Great Eastern, will also postpone its AGM originally slated...

Banks to stay open except for some branches; remaining outlets will be spread across Singapore

WHILE banks are essential services that will stay open during the month-long imposition of tighter restrictions to curb the virus spread in Singapore, lenders are due to shut some branches amid slower traffic as well as in balancing staff welfare.

OCBC to close 22 branches from April 9 to May 4; Citi to close another four branches

OCBC will close 22 of its Singapore branches from April 9 to May 4, in anticipation of reduced footfall following the government’s latest move urging people to stay home and adhere to tightened social distancing measures to curb the spread of Covid-19. 

OCBC, Great Eastern defer AGM

WITH Singapore on Friday announcing further movement restrictions within the country due to the virus outbreak, OCBC said that its annual general meeting (AGM), originally scheduled for April 30, will be postponed.

Central banks' rate cuts cascade down to Singapore banks' key deposit accounts

SINGAPORE banks this week slashed several rates on their flagship deposit accounts, reflecting the weaker rate environment globally.

VIRUS OUTBREAK

Relief measures offer respite but banks can do more: SMEs

SMALL and medium-sized enterprises (SMEs) are now weighing the cost of taking up loans or deferring existing payments as they add to future obligations, even as they get some breathing room to manage their cashflow on the back of measures announced by the Monetary Authority of Singapore (MAS) on...

VIRUS OUTBREAK

Businesses with 'food shop licences' not subject to virus-related ban: police

BUSINESSES with "food shop licences" can continue operations so long as safe-distancing measures are in place and their premises are not used for live entertainment, the Singapore police said on Tuesday.

Businesses with 'food shop licences' not subject to ban: police

BUSINESSES with "food shop licences" can continue operations so long as safe-distancing measures are in place and their premises are not used for live entertainment, the police said on Tuesday.

StanChart commits US$1b to finance firms making in-demand items

STANDARD Chartered on Monday said it will set aside US$1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak.

StanChart sets aside US$1b to finance pharma firms, mask makers amid Covid-19

STANDARD Chartered on Monday said it will set aside US$1 billion to finance companies that are providing goods and services to tackle the Covid-19 outbreak.

SINGAPORE RESILIENCE BUDGET 2020: HELPING SELF-EMPLOYED AND LOWER-INCOME

Freelancers to get $1,000 monthly for nine months, higher training allowances

FREELANCERS and gig workers welcome the new slew of support measures to help them ride out the Covid-19 economic storm, while also urging the authorities to make the administration process prompt and seamless.

Malls ordered to stop large group activities, implement crowd control

FROM this Friday until the end of April, malls and standalone stores - the like of furniture chains Ikea and Courts - will have to abide by stringent safe-distancing measures, which include suspending all events regardless of size, shutting all bars and entertainment venues, as well as closing...

Malls to suspend all large group activities, implement crowd and queue control until April 30

From midnight until the end of April, malls and standalone stores - the like of furniture chains Ikea and Courts - will have to abide by stringent safe-distancing measures, which include suspending all events regardless of size, shutting all bars and entertainment venues, as well as closing...

VIRUS OUTBREAK

What's a bar? New containment measures spark confusion among operators

SOME food and beverage (F&B) establishments - including restaurants that also house bars - have expressed confusion as to whether they will be affected by tightened safe-distancing measures announced on Tuesday.

VIRUS OUTBREAK

DBS to suspend registrations for in-person attendance at next week's AGM

DBS will suspend registrations for in-person attendance at its annual general meeting (AGM) next week, after the government laid down stricter measures on Tuesday to contain the Covid-19 outbreak, which include deferring or cancelling all events and mass gatherings, regardless of size.

DBS suspends in-person registrations for AGM amid virus outbreak

DBS will suspend registrations for in-person attendance at its annual general meeting (AGM) next week, after the government laid down stricter measures on Tuesday to contain the Covid-19 outbreak, which include deferring or cancelling all events and mass gatherings, regardless of size.

VIRUS OUTBREAK

Covid-19: Disruptions in global supply chains may be worse than for Sars

THE current novel coronavirus outbreak could cause larger disruptions to global supply chains than the severe acute respiratory syndrome (Sars) epidemic in 2003, says OCBC Bank chief executive officer Samuel Tsien.

Covid-19 could cause worse disruptions to global supply chains than Sars: OCBC chief

THE current novel coronavirus outbreak could cause larger disruptions to global supply chains than the severe acute respiratory syndrome (Sars) epidemic in 2003, says OCBC Bank chief executive officer Samuel Tsien.

Digital banking customers lured by rewards: Visa

THE introduction of up to two new digital full banks in Singapore may shape up to be a rewards-driven pursuit, with over half of consumers willing to bank with non-traditional providers enticed primarily by "offers and promotions upon sign-up".