Staff Reporter

MAS to cooperate with Ghana to open trade and financial corridor

It will work with the Bank of Ghana and the Development Bank of Ghana for the project.

MAS, Bank Indonesia extends bilateral financial arrangement

Both leaders of Singapore and Indonesia endorsed the arrangement.

OCBC net profit up 31% YoY to S$1.6b in Q3 2022

The company’s net interest income grew by 44% YoY.

Maybank names new Maybank IBG CEO

Michael Oh-Lau Chong Jin’s appointment will be effective on 1 December 2022.

MAS launches Ubin+ to study cross-border FX settlement using CBDCs

It will study business models and create policy guidelines.

4 factors intensifying the talent gap in the FinTech sector

A report revealed that demand for talent in the FinTech sector is still outpacing supply.

Singapore launches digital banker’s guarantee, insurance bond

The eGuarantee@Gov is available from over 20 financial institutions locally.

5 ways a financial institution can shield itself from cyber attacks

MAS warned that the cyber threat landscape has been increasingly hostile.

MAS to test purpose-bound digital SGD

This can be used in government and commercial vouchers, amongst others.

Bank of China HK joins pilot programme to trial use of digital currencies

BOCHK has completed real-value cross border trade of central bank digital currencies.