Financial Services
Grab-Singtel, iFAST apply for Malaysian digital bank license
Grab-Singtel, iFAST apply for Malaysian digital bank license
Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.
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.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape