Financial Services
MAS seeks feedback on product disclosure, complex product rules
MAS seeks feedback on product disclosure, complex product rules
MAS states its proposals aim to strengthen disclosure effectiveness.
KKR launches new financial advisory platform in Singapore
It aims to support firms with strategy, tech, and compliance.
Nasdaq and QCP partner to bring blockchain to Calypso platform
Under the partnership, QCP will deploy Nasdaq Calypso in Singapore to offer over-the-counter spot and derivative products.
MAS, ABS set up SPaN to oversee national payment schemes
It is expected to be fully operational by end-2026.
Organisations cite BEC, phishing as top threats for 2025
The report found that 72% of organisations experienced an increase in BEC attempts
OCBC boosts Johor-Singapore SEZ with $3.3b in financing
The group expects to provide at least another $904m (RM3b) by the end of 2025.
Travel reward platform HeyMax eyes Japan, Hong Kong
The Asia-Pacific region is the fastest-growing travel market, with annual growth of 10%.
Trust Bank unveils new Trust+ card
Customers with $100,000 in their savings accounts will earn a higher interest rate on deposits.
Seedflex facilitates loans based on sales
Higher revenue means faster repayment terms.
MoneyHero Group narrows net loss to $3m in Q1
It was supported by lower operating costs and non-operating expenses.
Singapore firms tighten credit terms as delays persist in 2024: report
However, the average credit period shortened slightly to 53 days, a sign of increasing financial caution.
Gov’t seeks feedback on proposed amendments to the debt repayment scheme
The law is looking to criminalise firms exploiting the scheme.
Singaporeans most confused by financial jargon: report
Singaporeans searched for the meaning of "equity" an average of 2,170 times per month.
S’poreans favour ethical AI use in financial advising: report
Nearly 3 in 4 agree that financial advisors should be allowed to use AI.
DBS and UOB fund $530m data centre campus in Indonesia
Three data centres will be developed in the Nongsa Digital Park (NDP) in Batam.
CPFIS funds gain 6.17% YoY despite mixed Q1
As of end-March 2025, the CPFIS covered a total of 232 funds.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape