Singapore
MAS issues 14-year prohibition orders against Loh Sheng Yang
Yang was convicted of cheating, forgery, and acquiring criminal benefits.
Barclays to establish private bank booking centre in Singapore
The bank will provide quasi-institutional investment solutions.
Maybank Singapore unveils second lifestyle banking space
It features a biophilic design and has a Joe & Dough cafe at the entrance.
HSBC Singapore offers zero-fee international transfers to over 60 currencies
Amongst markets covered are Malaysia, Indonesia, South Korea, and the UAE.
Why Singapore banks are a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
How virtual cards can benefit wholesale and retail trade, healthcare
These cards can help businesses better manage their margins.
Aleta Planet provides cross-border payments for China’s Jinnan
Fintech Aleta Planet to provide cross-border payments for China’s Shanxi Jinnan Steel Group
Morgan Stanley opens Southeast Asia headquarters in Singapore
It spans 107,000 sq ft across five floors.
Atome Financial clinches $200m facility for SEA expansion plans
The digital payments platform reported that it turned EBITDA positive in Q1.
Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals
The deposits and withdrawals will be facilitated by local bank DBS.
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
DINKs lag behind parents on financial wellness
58% of DINKs have not started making financial plans for their retirement.
MAS aims for robust transition credit demand at COP28 through coalition
TRACTION aims to develop approaches to meet these needs and expand the credit market.
SG, China deepen cross-market ties in green finance and investments
The collaboration aims to boost international investment interest.
Dyna.Ai and DCS Card Centre partner to enhance financial services with AI
The two companies also partnered earlier this year to leverage AI solutions for collection calls.
Maybank Singapore taps PracBiz to streamline supply chain finance
The partnership targets businesses in the fast-moving consumer goods sector.
Commentary
Show, don’t tell: Asian banks need to prove simplification works – here’s how
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape