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Singapore Airlines Bans Powerbank Usage In-Flight. See Details
From April 1, Singapore Airlines will ban passengers from using power banks in-flight, though they can still carry them in hand luggage.
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DBS Bank's Outgoing CEO Piyush Gupta Earned Rs 1,14,89,29,824 In 2024
Indian-origin Piyush Gupta received SGD 17.58 million in total pay for 2024 as the chief executive of Singapore's largest regional bank DBS Group, which he leaves this month.
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ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
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Indian-Origin Banker Quits Job For Deep Space Startup, Raises Rs 207 Crore
Mr Jha left a stable banking career in Singapore to pursue his passion for deep space and communications technology by launching his own company.
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Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
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Indian Jailed In Singapore For Not Returning Money Mistakenly Sent To Him
A 47-year-old Indian national has been sentenced to nine weeks' jail by a Singapore court after he failed to return SGD 25,000 (Rs 16 lakh approximately) mistakenly transferred to his bank account, despite knowing the money did not belong to him.
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2 Indian-Origin Men Jailed In Singapore For Scamming People In US
Two Indian-origin Singaporean men were sentenced to jail for scamming victims in the United States through at least 50 companies, two of which received money through bank accounts, including transactions from China and the UAE.
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India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
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Singapore's Biggest Bank Cuts CEO's Pay By Millions on Digital Banking Outage
DBS Group Holdings Limited's fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta's compensation got hit due to digital disruptions
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Assets Seized In Singapore's Money Laundering Case Swell To $1.76 Billion
The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.
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Indian-Origin Singapore Man Jailed For Obtaining Colleagues' Salary Info
A 35-year-old Indian origin officer with Singapore's Ministry of Manpower was jailed for five weeks on Thursday for having asked an ex-colleague from DBS Bank to access the salary information of his colleagues
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Credit Suisse Ordered To Pay $926 Million To Ex Georgian PM
A Singapore court on Friday ordered Credit Suisse to pay an ex-Georgian prime minister $926 million for failing in its duty to safeguard his assets, in another blow to the fallen banking giant.
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Indian-Origin Teen In Singapore Charged For Cheating On Bank, Money Laundering
The UOB account he opened was then allegedly used by scam syndicates to launder criminal proceeds of more than SGD 249,000.
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SBI Partners With PayNow for Cross-Border Payments Through Bhim App
A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced a partnership with PayNow, the online payment system of the city state, for cross-border payments. The facility is offered through SBI's Bhim SBIPay mobile application and the linkage will al...
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UPI-PayNow Integration for Cross-Border Payments: 5 Points on What the System Aims to Achieve
The Reserve Bank of India on Wednesday announced the launch of the UPI-PayNow integration to allow for faster, cheaper cross-border money transfers between Singapore and India. Here are five quick points on the newly announced integration.
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Singapore Airlines Bans Powerbank Usage In-Flight. See Details
From April 1, Singapore Airlines will ban passengers from using power banks in-flight, though they can still carry them in hand luggage.
-
DBS Bank's Outgoing CEO Piyush Gupta Earned Rs 1,14,89,29,824 In 2024
Indian-origin Piyush Gupta received SGD 17.58 million in total pay for 2024 as the chief executive of Singapore's largest regional bank DBS Group, which he leaves this month.
-
ED Says Paytm Violated Foreign Exchange Rules
The Enforcement Directorate (ED) said that Paytm had made a foreign investment in Singapore and did not file the necessary reporting to the Reserve Bank of India (RBI).
-
Indian-Origin Banker Quits Job For Deep Space Startup, Raises Rs 207 Crore
Mr Jha left a stable banking career in Singapore to pursue his passion for deep space and communications technology by launching his own company.
-
Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
-
Indian Jailed In Singapore For Not Returning Money Mistakenly Sent To Him
A 47-year-old Indian national has been sentenced to nine weeks' jail by a Singapore court after he failed to return SGD 25,000 (Rs 16 lakh approximately) mistakenly transferred to his bank account, despite knowing the money did not belong to him.
-
2 Indian-Origin Men Jailed In Singapore For Scamming People In US
Two Indian-origin Singaporean men were sentenced to jail for scamming victims in the United States through at least 50 companies, two of which received money through bank accounts, including transactions from China and the UAE.
-
India To Create A Cross-Border Retail Payment Platform With 4 ASEAN Countries
Nexus, conceptualised by the Innovation Hub of the Bank for International Settlements (BIS), aims to connect India's UPI with the fast payment systems of ASEAN members.
-
Singapore's Biggest Bank Cuts CEO's Pay By Millions on Digital Banking Outage
DBS Group Holdings Limited's fourth-quarter profit came in short of analyst expectations amid signs of pressure on margins. And while 2023 results hit a record, Chief Executive Officer Piyush Gupta's compensation got hit due to digital disruptions
-
Assets Seized In Singapore's Money Laundering Case Swell To $1.76 Billion
The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.
-
Indian-Origin Singapore Man Jailed For Obtaining Colleagues' Salary Info
A 35-year-old Indian origin officer with Singapore's Ministry of Manpower was jailed for five weeks on Thursday for having asked an ex-colleague from DBS Bank to access the salary information of his colleagues
-
Credit Suisse Ordered To Pay $926 Million To Ex Georgian PM
A Singapore court on Friday ordered Credit Suisse to pay an ex-Georgian prime minister $926 million for failing in its duty to safeguard his assets, in another blow to the fallen banking giant.
-
Indian-Origin Teen In Singapore Charged For Cheating On Bank, Money Laundering
The UOB account he opened was then allegedly used by scam syndicates to launder criminal proceeds of more than SGD 249,000.
-
SBI Partners With PayNow for Cross-Border Payments Through Bhim App
A day after a real-time payments system linkage was established between India and Singapore using the UPI platform, State Bank of India on Wednesday announced a partnership with PayNow, the online payment system of the city state, for cross-border payments. The facility is offered through SBI's Bhim SBIPay mobile application and the linkage will al...
-
UPI-PayNow Integration for Cross-Border Payments: 5 Points on What the System Aims to Achieve
The Reserve Bank of India on Wednesday announced the launch of the UPI-PayNow integration to allow for faster, cheaper cross-border money transfers between Singapore and India. Here are five quick points on the newly announced integration.
