Financial Services
AXA unveils new benefits for SmartPlan SME clients
AXA unveils new benefits for SmartPlan SME clients
These include one month of complimentary coverage upon renewal.
ComfortDelGro integrates booking app into DBS PayLah!
Users will enjoy the same functionalities offered by the ComfortDelGro app.
Xero, DBS extends partnership to encourage cloud-based accounting in SMEs
The six-month free access will let SMEs create e-invoices using Xero.
HDB issues $800m fixed-rate notes
The notes have a coupon of 1.265% per annum and are payable semi-annually.
Hong Leong Finance rolls out business loan campaign
This is said to help SMEs with cash flow issues.
MAS received Wirecard's license application
It is operating under exemption until the Payments Services Act is enforced.
Singaporeans slash cash use by 67%
Contactless cards are now the preferred method in the Lion City.
Investments flood Singapore fintechs in April, May after quiet Q1: study
Total equity funding reached a record-high $462m.
OCBC is APAC's top lead arranger of green loans from 2018 to 2020YTD
Singapore’s OCBC and DBS accounted for $5.47b of such loans.
Singapore investment banking fees plummet 49.4% in H1
Fees from completed M&A, ECM, DCM, and syndicated lending all registered declines.
Soilbuild REIT secures maiden $80m green loan
The loan will finance its Solaris@one-north project.
OCBC upgrades green finance portfolio target to $25b by 2025
It has already surpassed its $10b target for 2022 in Q1.
UOB reopens seven more branches
These banks are located in high footfall retail areas.
Retail investors more sceptical about the finance sector: study
The industry’s trusting plunged 11 points to 36% this year.
AMTD, Xiaomi, SMU and NUS launch digital finance leadership programme
AMTD and Xiaomi will contribute $5m to support the programme.
Fintech iLex closes seed funding round
It will create an all-to-all e-market to boost liquidity and efficiency of corporate loans.
One in five Visa cardholders buying online for the first time
Majority won’t revert back to using cash even after the pandemic is over.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform