Financial Services

MoneyMax subsidiary prices $30m 5% notes due 2028

MoneyMax subsidiary prices $30m 5% notes due 2028

The notes will be issued under MoneyMax Treasure’s $500m multicurrency medium-term note programme.

Cata expands AI tools and overseas push after $6.8m funding

The startup targets restaurant operators seeking faster app deployment.

InCred bolsters Singapore platform with S Cube integration amidst GCC–India wealth push

This extends regulated investment reach across three financial hubs.

Watchdog warns weak fines leave S’pore exposed after $3b laundering case

The market remains vulnerable to illicit fund flows despite its mature financial sector.

UOB’s Q1 earnings slip to $1.4b on weaker interest income

Fees and trading supported results as margin pressure and rates constrain earnings.

UOB moves tech workforce to fuel Southeast Asia digital growth

The new technology centre anchors regional banking capability development.

Aleta Planet wins Malaysian payment licences for ASEAN expansion

This adds to its merchant acquirer licence for credit and debit card payments.

MAS convenes banks as autonomous AI cyber risks escalate

Officials are monitoring Anthropic’s Mythos and its ability to identify vulnerabilities.

MoneyHero posts first quarterly profit on cost cuts, AI efficiency gains

Lower tech, marketing and staff expenses supported its $636,000 quarterly net profit.

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.

GXS narrows net loss to $208m in FY2025

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

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.

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.