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Chief economist Selena Ling shares with Channel NewsAsia's Lin Suling, and NUS Business School’s Prof Sumit Agarwal, her thoughts on Singapore’s Progressive Wage Model, how it differs from a minimum wage, and if it helps Singapore’s poorest earners.
With interest rates at an all-time low, expecting financial assets to deliver more than 5 per cent yields will be unrealistic, says our Head of Wealth Management Singapore, Siew Lee Tan. Do you agree?
Off a massive rally in August, tech stocks took a tumble in September. Not unexpected, but the party isn’t over, says our Executive Director of Investment Strategy, Vasu Menon. However, investors need to prepare for a choppy ride.
Earlier this year, our customers were the first to be able to make peer-to-peer transfers using Google Pay. Now, they can pay their favourite merchants too, thanks to our continued partnership with Google. Melvyn Low, our Head of Global Transaction Banking, said, "It is hassle-free for our SME customers. If they are already registered for PayNow, they will immediately be able to receive Google Pay payments. Every bit helps, especially during this period. We are confident that this will benefit a wide range of businesses including those that have been hit hard by the pandemic.”
Besides being the first property green loan in South Korea, this KRW115 billion green loan is also our first sustainable finance transaction in the country. T his continued geographical diversification is important as we work toward our goal of building a S$25 billion sustainable finance portfolio by 2025.
Planting trees that store CO?. Funding clean energy projects that generate CO?-free power. Let?s curb the carbon threat together. #OCBCCares #savetomorrow
We are proud to be the sole lead manager, bookrunner and green finance adviser for this transaction, which is Ascendas REIT?s first green bond under a newly established green finance framework. Sustainability has become a key consideration for the market and has helped green financing gain traction over the last few years. What is even more encouraging is the success of this issuance amidst challenging economic conditions as it shows the resilience in investor appetite for such products, says our head of capital markets Tan Kee Phong.
Many value and cyclical stocks have been left largely out of the recent uptrend which saw stellar gains in several growth sectors including technology and bio-tech, says Ms Carmen Lee, Head of OCBC Investment Research.
With growing interest from our clients, Hong Kong will continue to be an important market for us as we work towards our goal of building a S$25 billion sustainable finance portfolio by 2025.
A big welcome to our 22 undergraduate HEYAs (Highly Energetic Youth Ambassador)! Last Thursday, we kickstarted our first HEYA programme. The 1-year programme aims to connect OCBC Bank with university undergraduates. Ambassadors get exclusive invitations to company events, meet-and-greet sessions with senior managers and the opportunity to participate in in-house training courses. This enables them to gain first-hand experience in the Banking sector and helps them achieve a head-start in developing their career paths. Equipped with the right knowledge, the ambassadors will be able to share information with their schoolmates and help more undergraduates learn about the opportunities presented in the Bank. We are proud and delighted to have all of you join the OCBC Family! #WeSeeYou #OCBCHEYA
