Financial Services

Eight in 10 SMEs in ASEAN rely on technology for cash flow woes

Technology is the top investment priority by most of the respondents.

85% of Singaporeans keen to explore cash equivalent options with higher yield

This is despite their little exposure to similar money market products before.

Cisco unveils 0% interest financing programme

The programme is said to provide SMEs access to technological enablers.

ZEDRA acquires BNP Paribas Singapore Trust

It will be renamed to Zedra Trustees (Singapore) Limited.

UOB Asset Management opens Taiwan's first S-REIT fund

This aims to help retail investors seek income growth amid low interest rate environment.

MAS, local police investigate Wirecard's local operations

The regulator is also working with foreign agencies for cross-border transactions.

Singtel pilots insurance savings plan on Dash mobile app

Dash EasyEarn offers 2% p.a. returns for the first policy year.

Majority of banks ready to trade SORA derivatives, says committee

Banks including OCBC and DBS have already made their first SORA-related activities.

Great Eastern injects $97m into Axiata's digital finance service business

Great Eastern will take a 22% stake in Axiata-owned Boost Holdings.

MAS sets out expectations for FIs' environmental risk management

FIs are expected to include environmental considerations in their business plans.

DBS rolls out sustainable transition finance framework and taxonomy

The taxonomy will outline the banks’ “green” and “transition” transactions.

Deutsche Bank, Olam International close ESG-linked FX

This enables Olam to lock-in discounts when it meets pre-defined ESG targets.

SEEDS Capital appoints six partners to invest $50m in maritime startups

More than 50 Singapore-based startups are expected to benefit.

Circles.Life, AXA roll out $8 personal accident insurance

It covers 30 days and can grant up to $100,000 for accidental death.

Singtel and NETS introduce payment feature in hi!App

Bank cards from DBS, OCBC and UOB can be digitised as an in-app payment mode.