Financial Services
Singapore SMEs face highest borrowing costs in 2024
Singapore SMEs face highest borrowing costs in 2024
Approvals for loans above $300,000 accounted for only 3% in 2024.
iFAST’s Q1 net profit surges 31.2% YoY
This was due to the growth in its banking and wealth management business.
Maybank, PUJB to aid SMEs in Johor-SG special eco zone
The partnership follows rising demand for Halal-certified services and products.
Keppel secures nearly $2b in capital commitments across three flagship funds
This brings Keppel’s FUM to approximately $4.9b.
Payment performance improves slightly in Q1
Three out of five sectors reported higher slow payments.
UOB injects $103m to double Vietnam capital since 2021
UOB is currently the only Singapore bank with a subsidiary in Vietnam.
Ransomware attack exposes customer data at DBS, Bank of China Singapore
About 8,200 DBS customer statements were potentially compromised.
Authorities warn public about scam calls impersonating MAS officials
At least three cases have been reported since March 2025, resulting in losses of more than $614,000.
Foreign exchange and money markets functioning normally: MAS
The central bank said that it is ready to curb “excessive volatility” in the SGD.
Keppel sells 29.52% stake in Keppel Philippines to Kepwealth
The $10.8m divestment is not expected to impact Keppel’s FY2025 earnings.
OCBC prices €500m covered bonds due 2028
The covered bonds are offered at a fixed rate of 2.481% per annum.
European PE firm Inflexion opens Singapore office
It has named Shane Gong as its managing director.
iFAST Corp taps Terence Lin as new group CFO
His appointment is effective from 1 April.
UOB issues new senior notes due 2028
The notes will be issued under the US$30b Global Medium Term Note Programme.
Chocolate Finance completes March redemptions processing
The company said 100% of requests made during that period were paid out in full by the end of Friday, 21 March.
Funding Societies secures backing from Gobi Partners to drive SME fintech growth
The partnership will enhance Funding Societies’ tech-driven lending processes and risk management.
Read Here
Advertise
Sign Up
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections