Financial Services

SME borrowing costs ease to 8.18% in 2025 but Middle East risks loom over 2026

SME borrowing costs ease to 8.18% in 2025 but Middle East risks loom over 2026

Loan approval rates rose to 74% but bank processing times stretched to 33 days amidst shifting credit conditions.
2 days ago

GXS narrows net loss to $208m in FY2025

Net interest income rose to $55.6m, whilst operating expenses dipped to $217.6m.
3 days ago

MoneyMax raises $44.3m in placement ahead of SGX Mainboard transfer

The company aims to complete its listing transfer by the first week of May.
4 days ago

OCBC, Lion Global Investors and DigiFT roll out tokenised gold fund on public blockchain

Southeast Asia’s first on-chain physical gold fund targets institutional and accredited investors.

MAS, banks to strengthen GIRO safeguards: Alvin Tan

A review will consider setting monthly caps on the value and number of transactions.

Aspire taps J.P. Morgan for global FX capabilities

Deal starts with five-currency wallet conversions.

Material cost hikes could cut construction margins by up to 2.4 points: CGS

Fixed-price contracts are leaving subcontractors to absorb initial cost spikes.

Insurance growth crippled by legacy tech despite 82% claiming leadership

Short-term operational panics actively kill long-term strategic planning for local carriers.

OCBC gold trades jump 60% after 28 February amidst Middle East conflict

First-time investors now make up 7% of the bank’s total precious metals base.

OCBC sustainable finance portfolio climbs to $80b on 2025 gains

The bank’s 2025 report shows it issued over 280 green and sustainability-linked loans for net-zero goals.

UOB prices $930m Panda bond at 1.83%

Onshore accounts supplied 78% of participation whilst offshore investors contributed 22%.

MetaComp secures $44.45m pre-A funding with Alibaba-Spark Venture support

This will fund the company's AI push and regional expansion.

MoneyMax raises $88m in digital token notes with strong CEO and insiders backing

The Series 003 and 004 notes raised $63.3m and $25.26m in gross proceeds

Airwallex Singapore revenue surges 107% in FY2025

Transaction volume rose 93% over the same period.

Moomoo opens Bugis branch to back SGX Value Unlock program

The company’s third store and Moo Academy to guide retail traders on Singapore-listed firms.