Financial Services
Atome rises as the most popular BNPL option in SG
In Asia, the platform ranked second most popular behind Klarna.
Atome rises as the most popular BNPL option in SG
In Asia, the platform ranked second most popular behind Klarna.
Singapore fund flows healthy in Q2, but gains to slow in rest of 2023: analyst
Economic growth will slow in H2, which may limit the rate of market gains.
ASTI coins new management team
The company replaced the existing directors with five new appointees.
Collection of LKY100 coins to begin in September
The central bank minted 4 million coins.
Higher prices in commodities cause Singapore’s young adult population to worry: Survey
More than a quarter of Singaporean young adults worry about insufficient savings for emergencies and financial goals.
Dasin Retail Trust announces ‘events of default’ under $106.61m offshore facility
All commitments under the facility will be immediately cancelled.
UOB Kay Hian profit up 32.7% to $69.6m in H1
Its revenue was up 22.4$ to $287.8m.
How much are Singaporeans willing to spend on international travel?
Four in 10 said they would even dip into their savings to fund leisure travel this year.
Fintech investments at three-year low; generative AI at 'early growth' stage
Consolidation drove fintech investments in the payments space, KPMG found.
SG, UK boost cooperation in sustainable finance and fintech
The countries will cooperate on seven key areas.
TASConnect introduces efficient ‘multi-bank’ working capital solutions platform as a service
The startup comes up with a breakthrough platform that provides working capital solutions to address the pain points of businesses’ cross-border value...
Incumbent banks unlikely to take hit by neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
GuocoLand bags $498.6m funding for Lentor Gardens site development
It secured funding from DBS Bank and OCBC.
SG, Cambodia launch Financial Transparency Corridor initiative
The initiative will facilitate increased collaboration between SMEs in the two markets.
SGX Group hits news record for FX volume in June
FX futures traded volume rose 12% MoM in June to 3.3 million contracts.
What can lift SG banks’ sector net profit in FY23?
Experts predict a 22.6% YoY increase in sector net profit.
Over 1,000 jobs created by tax-incentivised SFOs in 1H22, MAS reveals
More than 400 of those employed by SFOs earn $2,000-$5,000 per month.
Commentary
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