Financial Services

UK-SG forge new financial partnership

The two maritime nations have committed to strengthen regulatory cooperation and accelerate green finance.

Singapore’s OneHypernet teams up with R3 to build netting solution

Instead of searching through a chain of banking agents, the most efficient settlement routes are automatically generated.

Three out of five Singaporean financial professionals call for open banking 

97% of respondents also said open banking is important to their businesses.

Temasek’s Trustana launches partnership with OneConnect 

The collaboration aims to accelerate cross-border commerce between Singapore and China.

Chart of the Day: SG-based issuers' primary bond offerings raise $28.2b in H1 2021

Companies from the financial sector captured a 54.4% market share and raised $15.3b.

MAS, international agencies launch Global Challenge for CBDC solutions

Finalists will receive mentorship from industry experts, a chance to prototype their solutions, and a cash prize.

Chart of the Day: Singapore ECM issuance raise $3.2b so far this year

Follow-on offerings fell 21.1% from the comparative period in 2020.

Hugo: The yellow brick road and why the path is paved with gold

How Hugo’s holistic approach to Wealthcare leads to financial freedom.

Fave launches BNPL service in Singapore, Malaysia

FavePay Later offers interest-free flexible payments on the Fave app.

DBS to start commodity trading on London Metal Exchange

The London Metal Exchange is the biggest marketplace for industrial metals in the world.

Singapore drops to fourth in global fintech rankings

But the Lion City is still king in the Asia Pacific region

eRemit Singapore, HLAS partner for insurance for migrant workers

eRemit Singapore is also expanding its remittance services to a business audience.

DBS completes SG’s first USD SOFR-linked export financing transaction

This US$25m transaction, priced off SOFR Averages, is a significant industry milestone as the global Interbank Offered Rate (IBOR) transition gathers...

Singaporeans rank amongst the lowest in ESG investment awareness

This is despite Singaporeans having a strong interest in sustainable investing.

Chart of the Day: Singapore has major chunk of total insurance premiums in SEA for 2020

The Lion City also has the highest insurance penetration amongst the six markets at 5.9%.

DBS invests in APAC private debt fund

The bank will anchor up to US$200m or 40% of the fund size, whichever is lower.