A month or so has passed since DBS ‘ online banking systems went offline for a day before the most recent gap occurred. The Monetary Authority of Singapore( MAS ) issued a statement in response to the Mar 29 incident stating that the disruption was” unacceptable” and the bank hadContinue Reading
Less than two months have passed since the last disruption to DBS ‘ online banking systems, which was a day-long interruption.
The Monetary Authority of Singapore( MAS ) issued a statement following the incident on March 29 stating that the disruption was” unacceptable” and the bank had not lived up to the regulator’s expectations.
After gathering the necessary information,” MAS will take the appropriate regulatory actions against DBS ,” it declared.
Piyush Gupta apologized for the service disruption at the company’s annual general meeting on March 31 and referred to the event as” sobering.”
Our top priority, he stated, has been to ensure uninterrupted digital banking services andnbsp, 24 / 7. ” Unfortunately, we fell short, and I sincerely apologize. & nbsp, Our clients and shareholders are entitled to better.
At the meeting, Chairman & nbsp Peter Seah declared that a special board committee had been established to look into the outage. The bank may hire outside experts to look into the situation, he continued.
DBS experienced a similar great disturbance in November 2021 that lasted two decades. In the midst of that affair, MAS imposed new funds requirements on DBS. For operating risk, the provider had to multiply its risk-weighted assets by 1.5 times, adding S$ 930 million in extra regulatory capital.
The bank reported a stronger-than-anticipated 43 % increase in first-quarter profit earlier this week, setting new records from the previous year thanks to higher net interest margins, continued business momentum, and resilient asset quality.
For a statement on the gap on Friday, CNA contacted MAS.
SINGAPORE: On Wednesday, May 3, two men were detained by the police as they entered Singapore after allegedly engaging in combat while wearing bicycle masks at Woodlands Checkpoint. A game of the two soldiers, 32 and 47, fighting was reported to the police. According to a joint news release fromContinue Reading
The officer will then conduct “facial image checks” of the passengers in the car using data retrieved through the QR code.
“This will allow group clearances to be completed much more quickly and reduce the overall time taken to clear immigration,” said ICA.
Travellers will be able to save the profile that they have created and use it for future trips, without having to key in their details again.
“Family members travelling together, for example, will not need to regenerate the information for subsequent trips, unless there are updates to their passport details,” said ICA.
When dedicated APICS lanes are subsequently rolled out at Tuas and Woodlands checkpoints, travellers will still scan the QR code generated by the MyICA app themselves.
They will then present their biometrics for identity verification through APICS’ contactless biometric scanners.
“This will remove the need to station an officer at every car lane, allowing us to open more lanes,” said ICA.
Trials of APICS started last year at Woodlands Checkpoint. About 94 per cent of travellers were able to clear immigration through APICS without assistance from officers.
“The majority found the process to be intuitive and faster compared to manual clearance,” said ICA.
The agency added that it would work with HTX to further improve the concept of operations for APICS before its roll-out at all land checkpoints.
This Friday, May 5, ONE Championship may make its debut in the United States with a stacked party in Denver, Colorado. However, it won’t feature two of the competition’s biggest stars, Hawaii-based relatives Angela and Christian Lee. It is not surprising that Angela and Christian are not included on theContinue Reading
However, Yu, 61, Mrs. Asia International Tourism 2012, made the point that ceremonies are quite inspiring just because of this.
” After getting married, women typically put less emphasis on themselves and more on their husbands and kids.” We are constantly preoccupied with looking after them.
Therefore, I believe it is beneficial for every parent to take care of herself. Yu, who was motivated to become a pomp and modeling trainer by her experience performing in pageants, advised her to” transform yourself, got on time, mingle with many beautiful ladies, be yourself and love yourself.”
Many kings like Lim, 41, a chartered accountant, and Mrs. Singapore Universe 2022 share this notion of discovering oneself. Lim believed that this was the particular miracle she needed after achieving seven degrees.
” I wanted to extend my ideas so that by the time I was 40, I would have gained fresh life experiences and knowledge.” This wonder show was a different journey for me because I have always been very diligent and concentrated on my profession. She explained,” I treated it like another level, except that I was learning from life experiences.
Some people, like Koh, 43, the second-place finisher of Mrs. Singapore Chinatown 2018, found that participating in the show was an internal struggle to regain their confidence.
Teong Tzen Wei, who & nbsp, solidified his position as the region’s best this year by setting Games records for the 50-meter butterfly( 23.04s ) and the freestyle( 21.93s ), respectively. Since 2022, just two athletes have been faster in the 50m slalom, and few have surpassed his particular bestContinue Reading
It is obvious that Pheu Thai’s prediction of a landslide victory in this stronghold in the northeast is quickly turning into self-fulfilling revelation. A crucial element of this successful strategy is the group’s commitments to enacting a 10, 000 ringgit digital wallet policy, despite receiving harsh criticism. However, a resounding defeat for Pheu Thai is not yet guaranteed.
Pheu Thai won eight out of ten seats in Khon Kaen in the previous election, defeating the Future Forward Party and the Palang Pracharath Party( PPRP ) by one seat. Since then, the two MPs who were elected to those positions have left their respective parties and joined the ruling coalition’s Bhumjaithai Party ( BJT ). Due to the presence of the BJT in the race, it’s likely that Pheu Thai will once more compete to win every desk within the county, which currently has 11 tickets.
In city 4, Ekarat Changlao, who recently switched from the PPRP to the BJT, is vying with Mookda Pongsombat, a candidate for Pheu Thai. In the previous election, Ekarat is said to have had control over the income of the northern PPRP candidates.
Ekarat, which is currently facing accusations of peculation from Khon Kaen Teachers’ Savings Cooperative, has a history of using cash to engage in political conflict. Ekarat and his brother Wattana, an MP who already left the PPRP to go for the BJT in area 2, are anticipated to put up a valiant fight against Pheu Thai.
Because citizens in Khon Kaen are historically inclined to support Pheu Thai on the basis of its event company, the leader of one of the party’s strategy team asserts that the applicants of that party have the upper hand over the BJT candidates.
However, Pheu Thai’s applicants do not receive the same level of monetary assistance or proper assistance as BJT candidates. Only the BJT is willing to go above and beyond when domestic surveys are conducted by both parties to decide how much support each participant should receive on a rolling foundation. Pheu Thai runs the risk of losing ground, at least on the district poll, if the BJT injects cash into its networks of local leaders and village-based health volunteers in the last stretch of the strategy.
SINGAPORE: A 62-year-old man who illegally sold roasted chestnuts close to bus stops and other public places was fined S$ 27, 600 ( US$ 20, 800 ). & nbsp, Tan Hee Meng may represent a 36-day jail sentence if he is unable to pay the fine. Tan allegedly engaged inContinue Reading
Mr Shanmugam said that the committee aims to “drive (the message) home further” with young people that drugs are a serious problem. “That is why we need to work with the parents, with the community, with the schools, National Service – in a variety of different ways. And send theContinue Reading