Singapore

Singapore banks’ interest rates will remain elevated until Q3: analyst

DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
1 day ago

Singapore banks’ interest rates will remain elevated until Q3: analyst

DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
1 day ago

S’pore’s payment cards lead with 40% market share in online transactions

An analyst said Singapore’s advanced tech infrastructure has boosted alternative payments.
3 days ago

TerraPay obtains MPI License in Singapore

TerraPay now has 11 licenses and 19 regulator approvals across 30 markets.
4 days ago

GXS FlexiLoan customers have saved S$4m in interest: GXS Bank

The loan’s interest is calculated daily based on the outstanding balance the day before.

MAS eyes enhanced safeguards for elderly and non-english proficient financial clients

Authorities aim to implement enhancements no later than H2 2025.

Chart of the Week: Singapore investment banking fees down 14% in Q1

Advisory fees from M&A transactions fell by 74% during the quarter.

MAS expands regulations for digital payment token service providers

It will impose requirements for anti-money laundering and user protection.

Ant International launches Programme Sirius for enhanced sustainability

The initiative is in line with the United Nations’ sustainable development goals.

Singapore leads Southeast Asia in financial management interest

It was driven by rising per capita income and a growing wealthy demographic.

UOB names new head of global group markets and new Hong Kong CEO

Kelvin Ng and Adaline Zhang bring over two decades of experience to their new roles.

OCBC cross-border QR payments to quadruple in 2024 on China tourist wave

The bank anticipates 250,000 cross-border QR payments this year.

DBS and JPMAM unveils investment portfolio for retirement needs

The portfolio calibrates asset allocation depending on investors’ life stages.

Why Singaporeans are okay with locking away over $4b of their money

Customers can only access ‘locked’ money with a physical card or by visiting a branch. 

'Tighter' financial conditions to weigh on Singapore's lending market: MAS

Risks include high inflation, geopolitical tensions, and spillovers from China's economic situation and global real estate market strains.

Maybank Singapore prevents loss of S$1.16m across 17 cases

One case sees a service manager prevent a S$37,000 scam.

DCS Card Centre secures add’l $100m upsize in asset-backed notes

The funds will be allocated to finance DCS's receivables from retail and corporate customers.

Bank of Singapore names Credit Suisse banker as Greater China COO

Ronnie Cheung was appointed as Credit Suisse’s Hong Kong COO in 2021