Financial Services
ValueMax Group’s profit jumps 35.7% YoY in H1
ValueMax Group’s profit jumps 35.7% YoY in H1
The group's revenue increased by 16.8% YoY.
6 days ago
Sea Limited net income surges 418% to $531.7m in Q2
Its e-commerce platform Shopee reported 3.3 billion gross orders.
6 days ago
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.
6 days ago
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.
MAS to launch backup system for NETS contactless payments
It also plans to develop similar backup solutions for QR code payments.
What is driving the next era of wealth management in Singapore?
EAMs must play their part in innovating, forging strategic partnerships with an agile and forward thinking mindset.
Seatrium subsidiary secures $512m revolving credit facility with UOB
Proceeds will enhance Seatrium’s liquidity and financial flexibility.
Closing the harmony gap: How strategic tech investments can unlock financial efficiency
Long-term success in fintech adoption often hinges on meaningful collaborations to fill capability gaps and fast-track innovation.
Singapore attracts 88% of Southeast Asia’s fintech funding
This is a 31% increase from the $593m raised in H2 2024.
OCBC sets loan target of $5b for serial entrepreneurs
The bank also expanded its coverage to more territories in the region.
PwC Singapore appoints 11 new partners across key practices
The new partners worked in areas such as financial due diligence, international tax, enterprise transformation, and assurance services.
MAS fines five firms for AML breaches in June
The penalties were issued on 27 June 2025 following inspections that uncovered failures to comply with key AML/CFT requirements.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape