Singapore

Singapore is Asia’s top offshore destination of wealthy investors

Saving up for vacation and leisure overtook financial security as the top financial goal.
16 hours ago

OCBC rules out future Great Eastern bids after delisting fails

OCBC holds a 93.72% stake in the insurer.
21 hours ago

ION Orchard, Visa partner for exclusive retail experiences

ION+ Rewards Members can unlock a variety of premium privileges by shopping with their Visa cards.
21 hours ago

ShopBack secures MPI licence in Singapore for payment product

ShopBack Pay is now authorized to provide payment services in the country.
1 day ago

SMFG to establish agentic AI firm in Singapore

Ahmed Jamil Mazhari has been named CEO and SMFG’s AI transformation advisor.
1 day ago

UOB acknowledges penalty for anti-money laundering breaches

Two of its employees were reprimanded, it said in an SGX statement.
2 days ago

Six banks penalized in Singapore for AML breaches

Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.
2 days ago

Tokenisation of bank assets could boost liquidity and risk management in FX

But the industry must address the potential fragmentation of the liquidity pool.
5 days ago

UOB signs MoUs to support business expansion across ASEAN

These partnerships aim to enhance trade, investment, and the internationalisation of Singapore enterprises.
6 days ago

Singapore fraud losses rise as APP scams take over

The report revealed human-initiated attacks in Singapore surged by 30% YoY, even as automated bot attacks declined by 27%.
6 days ago

Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case

The liquidators alleged that it permitted over 100 transfers related to the scandal.
6 days ago

OCBC app enables text resizing in English and Mandarin

About 70% of app screens have been covered in the initial rollout.
6 days ago

MAS proposes revisions to PHS, complex products framework

Investment-Linked Policies (ILPs) will require a PHS under the proposals.
6 days ago

DBS offers cardholder deals, rebates at over 680 retail outlets

These include partnerships with Cold Storage, CS Fresh, and 7-Eleven, amongst others.

Mizuho Bank began streaming prices on SGX FX

The bank aims to offer enhanced service and unprecedented access to real-time market data.