Financial Services
Higher prices in commodities cause Singapore’s young adult population to worry: Survey
More than a quarter of Singaporean young adults worry about insufficient savings for emergencies and financial goals.
Higher prices in commodities cause Singapore’s young adult population to worry: Survey
More than a quarter of Singaporean young adults worry about insufficient savings for emergencies and financial goals.
Dasin Retail Trust announces ‘events of default’ under $106.61m offshore facility
All commitments under the facility will be immediately cancelled.
UOB Kay Hian profit up 32.7% to $69.6m in H1
Its revenue was up 22.4$ to $287.8m.
How much are Singaporeans willing to spend on international travel?
Four in 10 said they would even dip into their savings to fund leisure travel this year.
Fintech investments at three-year low; generative AI at 'early growth' stage
Consolidation drove fintech investments in the payments space, KPMG found.
SG, UK boost cooperation in sustainable finance and fintech
The countries will cooperate on seven key areas.
TASConnect introduces efficient ‘multi-bank’ working capital solutions platform as a service
The startup comes up with a breakthrough platform that provides working capital solutions to address the pain points of businesses’ cross-border value...
Incumbent banks unlikely to take hit by neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
GuocoLand bags $498.6m funding for Lentor Gardens site development
It secured funding from DBS Bank and OCBC.
SG, Cambodia launch Financial Transparency Corridor initiative
The initiative will facilitate increased collaboration between SMEs in the two markets.
SGX Group hits news record for FX volume in June
FX futures traded volume rose 12% MoM in June to 3.3 million contracts.
Unlocking the power of zero party data in financial services
BetterTradeOff CEO Laurent Bertrand reveals the transformative power of AI and data-driven approach in personalising financial planning.
What can lift SG banks’ sector net profit in FY23?
Experts predict a 22.6% YoY increase in sector net profit.
Over 1,000 jobs created by tax-incentivised SFOs in 1H22, MAS reveals
More than 400 of those employed by SFOs earn $2,000-$5,000 per month.
MAS’ new T-bill has an allotted amount of $5.4b
The six-month treasury bill’s maturity date is on 9 January 2024.
Over $8b allocated for climate transition: MAS
The figure represents about 2% of the central bank’s portfolio.
Singapore expands tax incentives for single-family offices
The central bank will make adjustments in five areas of the tax incentives landscape for SFOs.
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