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Financial Services

DBS provides S$6.2b collateral-free loans to SMEs amidst pandemic

The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
9 hours ago

DBS provides S$6.2b collateral-free loans to SMEs amidst pandemic

The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
9 hours ago

Temasek subsidiary launches three-tranche USD bonds offering

It is comprised of a 10-, 20-, and 40-year USD Temasek Bonds.
1 day ago

Virtual banking trumps branch banking amongst Singaporeans: study

But less than half of SEA respondents are excited by the digital services currented offered.
4 days ago

Singapore must flex its Green Fintech credentials ahead of COP26

With less than six months to go to the United Nations Climate Change Conference (COP26), scheduled to be held in the city of Glasgow in November under the presidency of the UK, now is the time for Singapore to flex its green fintech credentials.
5 days ago

DBS, MPA complete live bunker delivery financing pilot with digital bunker delivery note

This successful pilot is a first for Singapore, and demonstrates the viability of digitalised bunker financing.
5 days ago

Protection against accidents, illnesses top delivery riders’ insurance needs

Gigacover, an independent worker insurance provider, saw its users increase ninefold since 2020.
11 days ago

Chart of the Day: Bank stocks amongst strongest in H1 as locals average 19% of returns

DBS, OCBC, and UOB received net institutional and net proprietary inflows of $1.39b in Q1 and $468m in Q2.
14 days ago

UOBAM marks surge in online coporate investing

Clients' AUM on the online portal also surpassed S$1b (US$740m).
15 days ago

Real-time payment trumps cash, credit in payment method in Singapore 

Real time payment methods such as PayNow, DBS PayLah, and OCBC Pay Anyone has risen in popularity.
18 days ago

Chart of the Day: 5 of SGX's tech stocks average 25% total return in H1 2021

The 20 most traded manufacturing stocks contributed 20% to the combined average daily turnover.
19 days ago

Singapore parents prioritise children's expenses over retirement: study

Parents spend almost 20% of their income on their children but less than 7% on their own retirement planning.
20 days ago

MAS extends support facility for SMEs

The extension is from 1 October 2021 to 31 March 2022.
21 days ago

Chart of the Day: SGX total share buyback for H1 2021 hits $368m

It was down from the 81 stocks buying back $663m in combined consideration in H1 2020.
21 days ago

Singapore Banks Reinventing Themselves in Light of Tech Invasion

Singapore has long been a mainstay of the financial world, offering political stability, geographic gateways, excellent legal framework and of course, a smorgasbord of tax incentives for foreign investment. The traditional banking system has branded the skyscrapers and inhabited the office space within them; in fact, up until 2014, the finance industry took up almost half of new office space in Singapore.  
22 days ago

MAS to follow up on Binance's Singapore unit amidst scrutiny

Binance Asia Services has a grace period during which it can operate in the country.
25 days ago

6 firms awarded in Deloitte’s inaugural Singapore’s Best Managed Companies

The accounting giant has run this award program in 37 countries.
25 days ago