Financial Services

Digital wallets lead 39% of e-commerce transactions in 2024

Digital wallets lead 39% of e-commerce transactions in 2024

The report projects that Singapore’s e-commerce market will reach $37.5b by 2030.
1 day ago

Sea Limited posts $534m profit in Q1

It reversed a year-ago loss of $30m.
2 days ago

Singapore top destination for Chinese travellers

Chinese tourists are increasingly seeking more personalised, local experiences.

ADDX partners with Franklin Templeton, Lexington on PE secondaries

The partnership aims to make these investment opportunities more accessible through a globally diversified secondaries strategy.

UOB and FNZ to launch new unit trust investing platform

The platform streamlines the investment process for retail and private clients.

Moneyhero Group narrows net loss by 78% in FY2024

This was driven by higher revenue from insurance and wealth products.

Keppel DC REIT subsidiary acquires green loan facility

Mandatory prepayment will be triggered if the company ceases to be a Keppel subsidiary.

Singapore SMEs face highest borrowing costs in 2024

Approvals for loans above $300,000 accounted for only 3% in 2024.

iFAST’s Q1 net profit surges 31.2% YoY

This was due to the growth in its banking and wealth management business.

Maybank, PUJB to aid SMEs in Johor-SG special eco zone

The partnership follows rising demand for Halal-certified services and products.

Payment performance improves slightly in Q1

Three out of five sectors reported higher slow payments.

UOB injects $103m to double Vietnam capital since 2021

UOB is currently the only Singapore bank with a subsidiary in Vietnam.

Ransomware attack exposes customer data at DBS, Bank of China Singapore

About 8,200 DBS customer statements were potentially compromised.

Authorities warn public about scam calls impersonating MAS officials

At least three cases have been reported since March 2025, resulting in losses of more than $614,000.

Foreign exchange and money markets functioning normally: MAS

The central bank said that it is ready to curb “excessive volatility” in the SGD.

Keppel sells 29.52% stake in Keppel Philippines to Kepwealth

The $10.8m divestment is not expected to impact Keppel’s FY2025 earnings.