Financial Services

Grab forms joint venture with ZhongAn to offer digital insurance products
16 Jan 19
The firms aim to provide its products to uninsured consumers through Grab’s mobile app.
OCBC launches digital dashboard for SMEs
15 Jan 19
The dashboard features over 40 business apps.
Daily Briefing: IHiS axes two employees and penalises CEO for SingHealth cyberattack; LTA's QR-code system for bike sharing takes effect
15 Jan 19
And Singapore Bank Officer’s Association opens its doors to all BFS employees.
2 in 5 APAC organisations are not ready to address new global regulations: study
11 Jan 19
Over half admit to not having plans to ensure compliance with local and global requirements in 2019.
Singtel's Dash to expand mobile remittance services to Myanmar
11 Jan 19
Money transfers from Singapore to Myanmar through Dash will be available by March 2019.
Daily Briefing: Singapore banks are struggling to retain recent hires; GIC buys 94.44 million new shares from Vietnamese lender Vietcombank
11 Jan 19
And MOM offers assistance to 90 foreign workers axed by Dyna-Mac Engineering.
Enhanced tax incentives could secure Singapore's fiscal sustainability: EY
10 Jan 19
EY says that the revenue could be used to enhance Singapore's growth as a fintech hub.
UOB renews bancassurance agreement with Prudential for 15 years
10 Jan 19
The bank will distribute Prudential Group’s life insurance products to its consumer banking customer base across the region.
DBS launches online portal giving SMEs the digital leg up
9 Jan 19
SMEs can access accounting, digital marketing and cybersecurity solutions.
Singapore bank revenues may rise 9% in 2019
9 Jan 19
Loans and balance sheet leverage will drive revenue expansion.
OCBC rolls out free online will writing service
8 Jan 19
Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.
Local firms slack off in bills payment for Q4 2018
8 Jan 19
Prompt payments fell from 50.40% to 48.43% in a year.
Singapore banks' earnings turnaround hit by steep funding costs
7 Jan 19
NIMs have only inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.
Daily Briefing: Singapore's rental market may soften 3% amidst lower expat arrivals; SPH REIT Management buys 85% stake in Australian shopping centre for US$124.5m
20 Dec 18
And the Singapore dollar hits a 13-month high against the Malaysian ringgit.
Chart of the Day: Singapore banks' loan growth could slow down to 6.2% in 2019
20 Dec 18
Investors should take comfort that loan growth is still in the positive territory, analysts said.
Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong
19 Dec 18
This translates to almost 50 investment bankers leaving in the past six months.
Western Union rolls out its remittance mobile app in Singapore
19 Dec 18
Customers can send money directly into international bank accounts and mobile wallets.
MAS slaps lifetime prohibition order against former Goldman exec
19 Dec 18
He will also be prohibited from taking part in managing any capital markets services firm in Singapore.
Deloitte appoints Cheung Pui Yuen as Singapore managing partner
18 Dec 18
He will succeed Philip Yuen.
Business optimism moderates to 7.19 ppt for Q1 2019
18 Dec 18
Services, transportation and wholesale were the most optimistic sectors.
Singapore stock dividends estimated to fall 2.8% to $19.87b in 2019: report
17 Dec 18
The drop is due to the absence of one-off special dividends paid by DBS and Keppel Corporation.
OCBC rolls out digital account opening service for MNCs
17 Dec 18
The time taken to set up an account will be cut 75% from months to weeks.
Mobile wallet usage boosts business growth for small merchants: study
14 Dec 18
Monthly card sales increased 7% after adopting cashless payment methods.
Daily Briefing: Grant borrowers who repay their loans on time will benefit from new money lending business models; venture capital firm ICT Fund set to launch US$100m vehicle in 2019
12 Dec 18
And business management AI platform Osome clinches US$2m seed funding.
Great Eastern to acquire Indonesian insurance frm for U$28m
11 Dec 18
PT QBE General Insurance Indonesia will be absorbed as subsidiary.
Singtel's mobile app Dash welcomes Visa and Apple Pay
10 Dec 18
Users can use their Visa Virtual accounts and Apple pay for transactions online and in-store worldwide.
Daily Briefing: Standard Chartered's Ventures team hires more people amidst global layoffs; Centurion Corp hits its first close of global student accommodation fund
10 Dec 18
And here’s why the cryptocurrency crash offers a slap of reality for Singapore investors.
Citi to add full Apple product suite to rewards redemption platform by 2019
7 Dec 18
The service will also be available next year in Malaysia and Taiwan.
Escalating trade wars may weigh on Singapore bank earnings
5 Dec 18
OCBC and DBS are more vulnerable due to their larger Greater China footprint.
Experian leads US$10m series B investment in Malaysian fintech startup Jirnexu
4 Dec 18
Jirnexu operates financial comparison website, RinggitPlus.
MAS launches $30m cybersecurity capabilities grant
4 Dec 18
It will co-fund up to $3m to support cybersecurity advancement per firm in the financial sector.
SGX launches high-grade iron ore derivatives
3 Dec 18
Its swaps and futures will reference the 65% Fe Brazilian fines index, CFR Qingdao.
Daily Briefing: Standard Chartered to axe senior bankers in Singapore; PM Lee says Singapore should keep on its toes amidst escalating trade tensions
3 Dec 18
And retirement community Kampung Admiralty bags World Building of the Year award.
Bank lending in October up 3.41% to $671.74b
30 Nov 18
Business loans grew by 3.35% due to a steep 10.53% climb in building and construction loans.
Frasers Property rolls out multi-feature app
29 Nov 18
Frasers Experience will allow shoppers to digitise their physical gift cards and to load it to their app's e-wallet.
Asian banks rev up fintech partnerships to keep China's tech titans at bay
28 Nov 18
Incumbents are launching VC arms and innovation labs to avoid being outpaced.
Daily Briefing: Here's what private bankers in Singapore can expect for their salaries and bonuses; UOB bags 75% stake in Indonesia's PG Asset Management
27 Nov 18
And Cloud company Deskera secures US$60m funding.
Indonesian developer probe raises woes in Singapore bond market
26 Nov 18
Singapore dollar notes by First REIT and those sold by OUE have dropped amidst a liquidity crunch.
Singapore bank earnings may rise 9% in 2019 even as trade war comes knocking
23 Nov 18
Net interest margins are poised to widen amidst expected rate hikes.
Ride-hailing firms boost e-payment adoption in Singapore
21 Nov 18
GrabPay and Go-Pay are examples.

Sign Up For Newsletter

 

Follow Us

Commentary

Healthcare
Budget 2019 – Making healthcare more affordable and accessible
BY Abhijit Ghosh and Zubin J Daruwalla
Co-Written / Partner
Women at the top – the great talent gap
BY Matthew Kay
Hotels & Tourism
Evolving customer lifestyles to shape Singapore hotel business in 2019
BY Joon Aun Ooi
Information Technology
Why data governance is not an option
BY Jean-Michel Franco
Information Technology
What's the newest element to a proactive DDoS defense strategy?
BY Tina Chee
Financial Services
Information Technology
Singapore's new payments rules aim to put consumers first
BY Thorsten Neumann
Information Technology
How can Singapore address the cyber security skills gap?
BY Lai Ki Cheng

MORE ››

Latest Jobs

APPLY FOR YOUR LOAN.
Wednesday, January 23 2019
WE HAVE BANK INSTRUMENTS FOR PURCHASE AND LEASE, SUCH AS SBLC/BG
Friday, January 11 2019

View all jobs

Post a Job Ad — It's FREE!

Events Calendar

Mar 21
Automechanika Kuala Lumpur
Kuala Lumpur Convention Centre, Malaysia
May 30
SBR Technology Excellence Awards 2019
Singapore
Jul 09
SBR Asian Business Case Studies Awards 2019
Singapore
Jul 11
SBR International Business Awards 2019
Conrad Centennial Singapore
Jul 11
SBR National Business Awards 2019
Conrad Centennial Singapore
Jul 11
SBR Listed Companies Awards 2019
Conrad Centennial Singapore