Financial Services

Authorized and recognized unit trusts post net inflows of $897.58m in Q1

For now, Morningstar sees global slowdown impact has yet to come to fruition.

SG records 959 bankruptcy filings in Q123

The figure is higher than the application received in Q122.

MAS proposes digital platform to help banks easily detect financial crime

It will detect customers who exhibit multiple “red flags” linked to financial crime. 

Pilon works to address gaps in businesses’ cash flow

Imagine a platform that enables immediate payment for suppliers and extended terms for buyers.

Crypto exchange Luno exits Singapore

Luno has also withdrawn its license application with the Monetary Authority of Singapore.

Has MAS' tightening cycle finally come to an end?

The central bank kept its policy unchanged in April, for the first time since October 2021.

StanChart’s VC arm invests in fintech platform BetterTradeOff

The platform will use the investment to boost its digital wealth advisory capabilities.

Another tightening or status quo? What to expect from MAS’ April MPC meeting

Some experts predict a further increase in the slope to 2.0%.

3 in 4 Singaporeans send or receive money via digital apps: study

Singapore’s remittance market will exceed US$12b in transaction volume by 2030.

Chart of the Day: Gen Zs optimistic but cautious about crypto

More than two in 10 said they want to take a wait-and-see approach.

Chart of the Day: What’s blocking Singaporeans from investing in crypto

More than four in 10 respondents said it is too risky to invest.

WMI and PBIG partners to fortify Singapore’s Philanthropy Hub

The partnership is supported by the Monetary Authority of Singapore (MAS).

AllianzGI launches platform for mainstream access to ESG data

The proprietary sustainability data platform will be released first to AllianzGI investment professionals.

What to expect from MAS’ April policy statement

UOB expects MAS  to release its statement around 10-14 April.