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SBF was formed on 1 April 2002 [9] as the successor to the Singapore Federation of Chambers of Commerce and Industry, [5] which had consisted of five business chambers and associations in Singapore. [10] SBF has compulsory membership, [4] [5] [11] unlike its predecessor which had struggled financially as a result of voluntary membership. [4]
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
The National Trades Union Congress (NTUC), also known as the Singapore National Trades Union Congress (SNTUC) internationally, is the sole national trade union centre in Singapore. NTUC leads the labour movement of Singapore , comprising 59 affiliated trade unions, 5 affiliated trade associations, 6 social enterprises, 6 related organisations ...
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Currently, the Singapore Public Accountants Oversight Committee (PAOC) of the Accounting and Corporate Regulatory Authority, [1] established under the Accountants Act to determine, prescribe and review the requirements to be satisfied by people seeking to be registered as public accountants in Singapore, will not register any person as a public accountant unless the person is a member of ISCA.
In September 2001, UOB acquired Overseas Union Bank, then Singapore's fourth largest local bank, in a deal worth S$10 billion. [15] [16] United Overseas Bank History Plaque. In 2002, UOB started expanding into the Chinese market by opening a new full-service branch office in Shanghai and upgrading of its Beijing office to a full-service branch ...
In the dining room of the Singapore Club on 21 May 1946, to reinstate the Tanglin Club, an institution founded seventy-five years earlier as a premier establishment. The club reopened on 1 September 1946, with 182 Ordinary Members, including 127 pre-war registered members, 23 lady members and provision for up to 300 service members.
atm⁵ is an interbank network in Singapore, connecting the ATMs of six of Singapore's eight qualifying full banks, QFB.As of 2016, there are 230+ atm⁵ ATMs island-wide.. The network was established in April 2