Financial Services
Singapore jumps to fourth in global fintech rankings
Singapore jumps to fourth in global fintech rankings
Singapore has overtaken London, which fell to fifth.
Singapore ranks first in professional services in GFCI 38
Singapore also made a major advance in FinTech, rising to fourth globally.
MAS sets standards for responsible financial advertising online
It will be effective on 25 March 2026.
How outdated financial solutions are fuelling the SME exodus
The SME exodus is not inevitable. It is sadly the predictable outcome of an outdated financial ecosystem.
Thunes leads Singapore's fundraising with $192.8m Series D round
By deal volume, Singapore’s funding landscape skewed toward mid-range cheque sizes.
IRAS tax revenue rises 10.7% to $88.9b in FY2024/25
Corporate Income Tax rose by 6.7% to $30.9b.
Why investors are turning to Singapore-focused equity and debt funds
Investors turned to Singapore-focused equity and debt funds amidst global volatility.
New AML programme targets skills gap in compliance sector
Temasek Polytechnic and Tradekins focus on practical training to strengthen Singapore’s fight against financial crime.
ValueMax Group’s profit jumps 35.7% YoY in H1
The group's revenue increased by 16.8% YoY.
Sea Limited net income surges 418% to $531.7m in Q2
Its e-commerce platform Shopee reported 3.3 billion gross orders.
DBS China, CSSGD, CIX partner to pilot carbon credit trading
The parties plan to co-develop a pilot programme for companies in the park seeking access to global carbon markets.
Companies limit trade credit as bad debts rise
Bad debts surged to an average of 6% of B2B invoices.
SingFinance’s net profit jumps 35% YoY in H1
Earnings per share stood at $0.1835.
OCBC’s group net profit down 6% to $2.87b in H1
Interim ordinary divided is 41 Singaporean cents.
OCBC’s group net profit down 6% to $3.7b in H1 2025
Interim ordinary divided is 41 Singaporean cents.
ZGR Global and Hanshan fined $5.37m over illegal rate sharing
Staff from both firms engaged in frequent exchanges of real-time remittance rates, report said.
OCBC, Singapore universities explore quantum tech in finance
The year-long partnerships aim to study the use of quantum computing and cryptography in derivative pricing, fraud detection, and data security.
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