Financial Services
MAS to launch electronic deferred payment solutions in mid-2025
MAS to launch electronic deferred payment solutions in mid-2025
It will help support the transition to e-payments.
Singapore dollar amongst top 10 currencies processed during Black Friday
The Black Friday-Cyber Monday period saw a total of 465 million transactions.
Singapore’s NBFI assets rise 4% in 2024
The increase was driven by expansion of insurers and investment funds.
Manufacturing and export growth bolster Singapore corporates
Corporate debt servicing capabilities are expected to remain resilient, says MAS.
Partior closes second round of Series B funding at $107.3m
The company aims to scale its cross-border capability.
MAS, NFRA reaffirm cooperation on supervisory priorities for banks
They noted progress in staff exchanges and study visits on tech resilience, amongst others.
SGX FX, SMBC team up to improve investor access to Japan’s markets
It aims to boost SGX FX’s liquidity and depth.
CGS SG inks deal to boost financial literacy amongst PWIDs, caregivers
A pilot trial has already begun with 15 MINDS participants.
HSBC launches new loan programme to enhance business ESG performance
The firms’ sustainability performance will be evaluated through Ecovadis.
Tech solutions emerge as key to investor retention in Singapore
Singapore asset managers invest in tech to boost investor retention.
SGX eases intestate claims for Central Depository assets under $5,000
The agency removed the legal documentation requirement.
Singapore to raise IMF contribution, reduce loan commitments
This increase will not affect Singapore’s Official Foreign Reserves.
Common Ground Taxonomy expands to include Singapore
This enhances the interoperability of taxonomies of China, EU, and Singapore.
Sea Limited posts $153.3m profit in Q3 2024.
The group's GAAP revenue also rose to $4.3b.
Bill allows police to restrict funds transfer for scams
The restriction will last 30 days.
SG, China deepen cross-market ties in green finance and investments
The collaboration aims to boost international investment interest.
Cost pressures push more middle-income young adults into debt
Loan applications from young adults have risen 140% over the last two years.
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