Sibor dive triggers fresh battle in mortgage rate cuts

BANKS are revising their home loan offerings by increasing spreads in their floating rate packages while lowering their fixed rates as the Singapore inter-bank offered rate (Sibor) plunged in...

Maybank Kim Eng lays off 5% of its Singapore workforce

MAYBANK Kim Eng, the investment banking and securities broking arm of Malaysia's largest bank, has laid off 5 per cent of its Singapore workforce as stiffer competition prompts a restructuring of...

Maybank demands another S$33.6 million from Hyflux's unit, over hedging deal

MAYBANK has demanded payment of another S$33.6 million from Tuaspring, the subsidiary of the debt-ridden water treatment company Hyflux.

Hyflux gets letter of demand from Maybank for payments 'immediately due and payable'

HYFLUX'S subsidiary Tuaspring has received a letter of demand from Maybank dated April 23 over payments the bank said were "immediately due and payable".

New award to celebrate SMEs' corporate social responsibility

NETWORKING company CEO Asia has tied up with Maybank, trading platform BBX and non-profit organisation B Lab to launch a new award yesterday that celebrates the corporate social responsibility...