Financial Services Commentaries

5 Jul 2019
BY Cecilia Marinier and Matthias Yeo
Mass data breaches have been impacting our region, reiterating the fact that no business or nation is truly immune from cyber threats.
2 Jul 2019
BY Rachel Woolley
It may seem like money laundering is on the rise if recent news headlines are anything to go by.
7 May 2019
BY Hagen Rooke
The results of a global survey published by PricewaterhouseCoopers (PwC) confirm that Asia remains the leading growth region for mobile payments.
6 May 2019
BY Lishi Fong
In recent years, we have seen an influx of Asian money into countries like Singapore and Hong Kong.
30 Apr 2019
BY Marc Leong
We are living in Industrial Revolution 4.0 where data have emerged as the new ‘growth fuel’, powering everything from productivity and profits to politics and dominance.
26 Apr 2019
BY Kevin Fitzgerald
In Singapore, barriers to financing have resulted in an unmet funding gap for SMEs worth as much as $20b.
22 Apr 2019
BY Terry Smagh
C-suite executives in Singapore, like their counterparts in the rest of the world, base crucial decisions about the future growth and direction of the organisation on financial data.
30 Jan 2019
BY Thorsten Neumann
The recently announced Payment Services Act by the Singapore government seeks to address the balance between supporting the shift to a cashless society, enabling technology companies to run fast and develop innovative new solutions, whilst at the same time protecting the public.
30 May 2018
BY Arvind Sankaran
In 1942, Austrian economic prophet Joseph Schumpeter coined the term “creative destruction.” Schumpeter envisioned innovation to be the key driver by which industries are “destroyed” and replaced with newer, more creative ones.
8 May 2018
BY Chris Keshian
Ravi Menon, managing director of the Monetary Authority of Singapore recently claimed: “I do hope when the fever has gone away, when the crash has happened, it will not undermine the much deeper, and more meaningful technology associated with digital currencies and blockchain." Singapore’s relationship with cryptocurrencies has been a torrid one.
13 Apr 2018
BY Frederic Bertholon-Lampiris
The technological evolution unfolding before us is nothing short of extraordinary.
5 Apr 2018
BY Alain Esseiva
New tax framework outlined in Singapore Budget 2018 next step in enhancing country’s position as a fund management and domiciliation hub.
23 Feb 2018
BY Satish Bakhda
Singapore’s e-commerce market is slowly positioning itself as a key player in the country’s retail industry.
1 Feb 2018
BY Piyus Vallabh and James Paul
Traditionally, visibility and scrutiny of a company’s tax position was limited to a small number of interested parties who used disclosures in annual reports to garner what insight they could.
23 Jan 2018
BY Andrew Au
To emerge as the world’s first crypto-hub, Singapore needs to find the middle ground between ‘crypto is a fraud/Ponzi scheme’ and ‘crypto is the best thing since sliced bread.’ Two announcements from the Monetary Authority of Singapore (MAS) made at the end of 2017 defined the challenges cryptocurrencies pose.
20 Nov 2017
BY Roger Crook
There are many in the industry today, who believe that disruption came almost like a tsunami, out of nowhere and swept away all existing trends, processes and practices in place.
27 Oct 2017
BY Miles Gooseman
Retirement can be a bit like the Wild West so to be safe and comfortable in your golden years you will need to prepare and practice like the Gunslingers of old.
24 Oct 2017
BY Kelvin Lee
If you are a white collared professional dismayed after years of hard work clocking 15-hour days, 6 days a week, you might start to wonder what the most effective way to manage your personal investment portfolio is — and the answer might be a lot more accessible than you think.
20 Oct 2017
BY Rakesh Bhatia
According to the January 2017 report by Hootsuite and We Are Social Singapore, there are currently 644.1 million people in Southeast Asia.
18 Oct 2017
BY Roger Crook
Singapore remains a key financial centre of the world, where nearly 99%1 of the 216,900 business in Singapore are small and medium enterprises (SMEs).
10 Oct 2017
BY Dimitri Kouchnirenko
Singapore is the country of business opportunities.
3 Oct 2017
BY Carl Freer
Blockchain is becoming an increasingly common buzzword locally, particularly within Singapore’s Fintech industry.
19 Sep 2017
BY Joe Duncan
Last month, Vitalik Buterin held a keynote presentation in Singapore, resulting in nostalgia taking over for me.
15 Sep 2017
BY Centre for Management Practice
It was February 2010, four months after Piyush Gupta joined DBS Bank (DBS) in Singapore as its CEO.
14 Sep 2017
BY Joe Seunghyun Cho
Prime Minister Lee Hsien Loong is right to push for a cashless society in Singapore as a top national priority.
11 Sep 2017
BY Carl Freer
It wasn’t too long ago when there was a rallying cry of how banks were not doing enough to try and beat smaller FinTech start-ups.
8 Sep 2017
BY Phil Pomford
At this year’s National Day Rally on 20 August, when Prime Minister Lee Hsien Loong spoke about the most important challenges and opportunities facing Singapore, the Smart Nation initiative was at the top of his agenda.
7 Sep 2017
BY Alex Campbell
Singapore climbed the rankings to be the second most cloud ready environment in Asia, according to the latest edition of the Asia Cloud Computing Association (ACCA) Cloud Readiness Index.
21 Aug 2017
BY Phil Pomford
As in many markets around the globe, retailers in Singapore now face a rapidly shifting landscape.
18 Jul 2017
BY Derren Joseph and James Kallman
What exactly is a tax haven?
18 Jul 2017
BY Carl Freer
As things get disrupted within the Singaporean financial world with new tech, it’s no surprise that the way we use currency is being affected as well.
4 Jul 2017
BY Carl Freer
As Asia and Singapore becomes increasingly digitised, processes get automated and several industries are disrupted by technology, in particular, finance.
16 Feb 2017
BY Chai Wai Fook & Chia Seng Chye
Following the recommendations by the Committee on the Future Economy (CFE), the Monetary Authority of Singapore recently announced that it will relax some of its rules on finance companies to make it easier for small- and medium-sized enterprises (SMEs) to obtain financing.
6 Feb 2017
BY Getty Goh
The recent spate of negative corporate news in Singapore – bond defaults and manpower retrenchment – has led banks to become more cautious about lending.
16 Jan 2017
BY Deborah Heng
Entrepreneurs are a unique breed of individuals.
8 Jan 2017
BY Alex Teoh
Electronic payments account for 69%1 of consumer transactions in Singapore – just slightly higher than the global average of 65%.
21 Nov 2016
BY Roy Walker
If you read the Singapore newspapers or follow social media, you won’t have missed the ongoing controversy about the merits or otherwise of the Central Provident Fund (CPF) scheme.
18 Nov 2016
BY Alex Taverner
With Singapore continuously strengthening its position as a global financial hub – now ranked third in the current Global Financial Centres Index – government bodies like the Monetary Authority of Singapore (MAS) are increasingly looking to technology to not only support and expedite growth in the financial sector, but also to protect it.
2 Nov 2016
BY Sumit Narayanan & Vanessa Lou
While the Risk-Based-Capital (RBC) framework has served Singapore insurers well over the last 12 years, the Monetary Authority of Singapore (MAS) is driving a major overhaul on a new capital regime (RBC2) in light of evolving market practices and global regulatory developments.
2 Nov 2016
BY Centre for Management Practice
In 2014, Jimmy Ng, the head of Group Audit at DBS Bank, implemented the bank's continuous auditing project in Singapore.