Financial Services
Experts weigh in on proposed mandatory reference checks for financial institutions
Experts weigh in on proposed mandatory reference checks for financial institutions
The policy aims to mitigate the risk of “rolling bad apples.”
ISCA, PICPA join hands to train chartered accountants in the Philippines
Singapore is one of the Philippines’ major trading partners and top sources of foreign direct investment inflows.
Keeping CPF Special Account for 55+ may create 'generational divide': Tan
The proposed change primarily impacts higher-income earners, said an official.
Sea rebounds with US$162.7m net income in FY23
In FY22, the group recorded a US$1.7b net loss.
Yangzijiang Financial net profits up 25% to $201.8m in FY2023
A dividend payment of S$0.022 per share has been proposed.
Singapore Fintech Association launches ‘Project Tapir’ with Malaysian VCs
The partnership aims to foster cross-border collaboration between Singapore fintechs and Malaysia.
Eastspring Investments taps HSBC’s Vis Nayar as chief investment officer
He will begin his role as CIO on 3 June.
iFAST Corp reports 340% YoY net profit surge in 2023
Growth was driven by its ePension division and overall core business improvements.
Budget 2024: Who are the big winners of SG’s new measures?
Six sectors will benefit the most from the budget, according to an analyst.
Singaporean finance and tech professionals earn less than Hong Kong peers: Bloomberg
Investment banking analysts in Hong Kong earn 46% more than Singaporeans.
NETS taps John Yong as a non-executive independent director
Yong began his duties on 19 February.
Lendlease Finance rebounds in H2’23, revenue more than doubles
Total assets climbed 6.4% YoY.
MoneyHero estimates near 60% revenue growth in Singapore
The finance platform has also anticipated a 50% year-over-year increase in Hong Kong.
Ministry of Finance orders six agencies to refund wrongly charged GST
The amount of wrongly charged GST for individuals and non-GST registered entities is estimated to be $1.5m yearly.
Bright Point International Financial enters SGX's derivatives market
SGX now has 70 trading and 30 clearing members.
MOM to retain existing computation method for CPF interest payment
The current method provides members with higher interest.
Investors shift focus to early-stage and AI-focused fintech firms
In 2H23, AI fintech funding in Singapore soared to US$333.13m.
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