News

Singapore pursues digital economy ties with ASEAN and global blocs: DPM

DPM Gan also said Singapore is focusing especially on financial services to stay globally relevant.

UOB CEO calls for banks, fintechs, regulators to align on AI standards and trust

Technology should empower people, not replace human judgment and empathy.

Asia’s regulators need to match banks’ digital pace, GFTN says

Good regulation, he argued, should function as “a safety belt, not a brake."

CIMB, Frasers Property to offer SG’s first ‘pay-as-you-earn’ loan

Benefits include first-year savings of up to $7,360 and annual savings of up to $6,360.

VPBank upgrades Temenos core banking system

The bank now operates in a fully cloud-native environment.

The Philippines’ central bank calls for a 24/7 payment system

A round-the-clock operation will enable real-time payment settlement and further economic activities.

SCSCL names new CEO

He brings with him 20 years of experience in China’s fixed-income capital markets.

DBS launches Gen-AI virtual assistant for corporate clients

The service provides 24/7 corporate banking support via the IDEAL platform.

MAS, OJK renew partnership to drive ASEAN FinTech growth

Theartnership focuses on cross-border knowledge sharing and regulatory cooperation.

Franklin Templeton launches Singapore’s first tokenised fund

The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.

Hang Seng Bank, CCB launch e-CNY merchant payment service in Hong Kong

Consumers can now pay with their e-CNY wallets in more than 100 local merchants.

Macquarie remains well capitalized despite compliance breaches

The Australian bank recently reported monitoring failures and short-selling misreporting.

OCBC could distribute $460.7m in additional capital to investors

This would equate to about 13 Singaporean cents per share.

UnionBank offers 0% installment plans in Ikea for credit card holders

For a minimum spend, cardholders can avail a 0% installment plan for 3 months.

Macquarie Group’s net profit up 3% to A$1.65b in H1 2026

Net operating income and operating expenses are both higher compared to a year earlier.

OCBC net profit holds steady at $1.98b in Q3

Quarter-on-quarter, net profit was up 9% from $1.82b.