Financial Services

American billionaire Ray Dalio to open Singapore family office

Asian family offices have surpassed global peers due to Chinese stocks.

GIA Singapore pilots new motor accident report platform

It has new features, including contactless authorisation and cashless payment.

DBS disburses record $9m in SE loans, grants

It's the bank's largest disbursement of SE loans, grants within a year.

MAS, IBF roll out measures to boost jobs in finance

The regulator will cover up to $1,000 of stipend under their internship programme.

NTUC Income amps up travel insurance offering

It will grant COVID-19 coverage for overseas travel.

UOB to issue €1b covered bonds due 2027

This is the first euro-covered bond in Singapore in two years.

OCBC pilots increased green finance framework for SMEs

SMEs will no longer need to develop frameworks prior to applying.

MAS unveils loan grant to help corporates obtain green financing

The grant offers up to $180,000 coverage of expenses.

EZ-Link pilots enhanced mobile wallet

This is in connection with a brand refresh.

UOB adopts Bloomberg Barclays green bond index

It is the first Singaporean bank to do so.

MAS pilots upgraded RMB funding facility

It will discontinue the current RMB liquidity facility on 23 November.

Aviva Singlife obtains investor demand with $3.5b Tier 2 notes

This follows the pricing of Tier 2 notes at 3.375%.

Mastercard names Sokin as Singapore principal member

Sokin is floating a subscription-based payment service in Q1 2021.

Singapore's life insurance segment to hit $43.5b in 2024

The industry crashed 13% in weighted new business premiums in H1 2020.