Financial Services
Singapore beats Hong Kong as Asia's top treasury location
Singapore beats Hong Kong as Asia's top treasury location
More multinationals still prefer the Lion City with 4,200 regional headquarters based in Singapore, the largest in APAC.
Standard Chartered to launch FX e-trading and pricing in Singapore
It will allow FX e-trading of over 130 currencies.
Bank lending up 1.37% in April
It was buoyed by business loans which rose 2.29% to $411.70b.
Singapore FinTech Association launches RegTech sub-committee
It aims to promote and adopt technologies to overcome regulatory challenges.
Epicentre Holdings cancels private placement after failure to contact CEO
The firm is also facing repayment demands from three creditors.
NTUC Income unveils life insurance portal and digital adviser
Online Life includes 18 savings and protection plans to choose from. NTUC Income launched Online Life and askSage, a life insurance portal and...
DBS launches global hackathon
Top teams will compete for a total prize purse of US$100,000.
MAS re-appoints three officials to board
Ravi Menon will be a board member and MAS managing director for two years.
Chart of the Day: Singapore's life insurance take-up still far ahead of Malaysia
Penetration rate in the Lion City is around 250% compared to around 40% in Malaysia.
Daily Briefing: Insurtech startup Singapore Life bags US$7.3m; NTU unveils $40m waste-to-energy research facility
And online marketplace for workspaces GorillaSpace secures undisclosed funding.
Banks brace for higher risk weighted assets
RWAs could increase by 25% by 2022 and 80% by 2027.
Ascendas-Singbridge, IMDA and ESG unveil co-innovation lab
It will support at least 30 projects within the next three years.
Daily Briefing: Singapore intensifies efforts to enhance startup ecosystem; Mobile payments firm Fave completes two strategic acquistions
And healthcare provider Alliance Healthcare Group (AHG) Limited seeks $4.5m in its IPO.
Chart of the Day: Banks' fixed deposit rates to maintain sustained easing
FD rates have already started tapering off in April.
SMU ties up with Citi Ventures to offer experiential learning in fintech
The 15-week programme at SMU will launch in January 2020.
Liquid Group partners with JETCO to offer Singapore-Hong Kong cross-border QR payments
Eligible customers can pay for purchases using QR payment apps.
MAS and ABS set up banking conduct committee
It will serve as a platform for banks to self-asses and update industry codes of conduct.
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