Financial Services
Fintech startup STACS joins Mastercard’s startup engagement programme
Fintech startup STACS joins Mastercard’s startup engagement programme
STACS is amongst seven startups globally that were admitted into the programme.
Hong Leong Finance net attributable profit up 22.4% to $44.7m
The company ranks 665th in the Top 1000 World Banks 2021.
Singapore banks post robust net profit results
All three major banks reported net profits of more than $2b for the first six months of 2021.
SEEDS Capital enters $150m partnership for deep tech startups
The initiative involves 13 new partners under the Startup SG Equity Scheme.
CEREIT secures foray into UK Logistics
Cromwell European REIT takes the first step towards establishing a foothold in the logistics industry.
OCBC net profit soars by 86% to $2.6b in first half
The net profit growth was driven by a robust banking and insurance performance.
UOB net profit up 29% to $2b in first half of 2021
Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.
Great Eastern reveals 102% higher earnings for H1
However, its Q2 profit fell by 22% to $232.3m.
Binance Labs Announces Strategic Investment in NFKings, NFT Creatives and Production Company
Binance Labs, the venture capital arm and incubator of Binance, today announced its strategic investment in NFKings, a leading NFT creatives and...
MAS, BIS publish proposal on global retail payments network connectivity
Called Project Nexus, the blueprint outlines how countries can integrate their retail payment systems onto a single cross-border network.
MAS lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
Chart of the Day: SG Bitcoin price predictions
This chart from the inaugural Independent Reserve Cryptocurrency Index shows that more than 50% of Singaporeans believe Bitcoin’s value will increase...
DBS provides S$6.2b collateral-free loans to SMEs amidst pandemic
The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
Temasek subsidiary launches three tranche USD bonds offerings
It is comprised of a 10-, 20-, and 40-year USD Temasek Bonds.
Temasek subsidiary launches three-tranche USD bonds offering
It is comprised of a 10-, 20-, and 40-year USD Temasek Bonds.
Daily briefing: GIC still optimistic over China tech; SG to extend $1.1b support amidst Phase 2 restrictions
And Taxis and private drivers to get $10 per day until end-August.
Virtual banking trumps branch banking amongst Singaporeans: study
But less than half of SEA respondents are excited by the digital services currented offered.
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