Financial Services
MAS releases commemorative Lee Kuan Yew coins for walk-in exchange
MAS releases commemorative Lee Kuan Yew coins for walk-in exchange
Over 142 banks will be available for walk-in exchange.
CPF adjusts daily withdrawal limit to $2000, updates security measures
Singpass Face Verification (SFV) and a 12-hour cooling period will be required when accessing account information.
Maybank opens Islamic wealth management hub in Singapore
It will offer end-to-end Islamic wealth solutions.
Singapore, Malaysia enables real time cross-border payments
The payment system is accessible via mobile number or VPA.
Demand for accountants is growing, but interest in the profession is diminishing: report
By 2025, the demand for accounting jobs is expected to reach up to 7,000.
MAS unveils 3 initiatives to ensure safe and innovative use of digital money
Amongst these initiatives is the expansion of digital money trials.
Singapore to pilot use of wholesale CBCDs in 2024: Menon
MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.
MAS, FSIs join hands to expand asset tokenisation initiatives
They will launch five pilots to test promising asset tokenisation use cases.
How financially free are freelance workers in Singapore?
Only 2 in 10 freelance workers meet their monthly savings target.
MAS-led consortium develops AI product aiding banks in sustainable real estate loan issuance
The product has three core features.
MAS, IFC, WEF ink MOU on digital financial inclusion
They will create guidelines for digital financial inclusion financing instruments.
UNDP, MAS and partners launch financing initiative for MSMEs
The initiative proposes a framework assessing MSMEs' financing worthiness.
Singapore vows to implement Crypto Asset Reporting Framework
It mulls to transpose CARF into domestic law by 2027.
MAS to roll out 2024 Year of the Dragon Chinese Almanac coins
The coins will have 10 variations.
Retirement planning takes a backseat amongst Singaporeans: OCBC
Only 2 in 10 Singaporeans are on track with their retirement plans.
Reliance on finance influencers growing amongst Singaporeans: report
Proof of this is the 334% jump in social media mention of terms such as "savings."
BNPL code compliance becomes mandatory
An oversight committee will supervise and monitor code compliance.
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