Financial Services

SG, UK boost cooperation in sustainable finance and fintech

The countries will cooperate on seven key areas.

SG, UK boost cooperation in sustainable finance and fintech

The countries will cooperate on seven key areas.

TASConnect introduces efficient ‘multi-bank’ working capital solutions platform as a service

The startup comes up with a breakthrough platform that provides working capital solutions to address the pain points of businesses’ cross-border value...

SG, Cambodia launch Financial Transparency Corridor initiative

The initiative will facilitate increased collaboration between SMEs in the two markets.

SGX Group hits news record for FX volume in June

FX futures traded volume rose 12% MoM in June to 3.3 million contracts.

Unlocking the power of zero party data in financial services

BetterTradeOff CEO Laurent Bertrand reveals the transformative power of AI and data-driven approach in personalising financial planning.

What can lift SG banks’ sector net profit in FY23?

Experts predict a 22.6% YoY increase in sector net profit.

Over 1,000 jobs created by tax-incentivised SFOs in 1H22, MAS reveals

More than 400 of those employed by SFOs earn $2,000-$5,000 per month.

MAS’ new T-bill has an allotted amount of $5.4b

The six-month treasury bill’s maturity date is on 9 January 2024.

Over $8b allocated for climate transition: MAS

The figure represents about 2% of the central bank’s portfolio.

Singapore expands tax incentives for single-family offices

The central bank will make adjustments in five areas of the tax incentives landscape for SFOs.

Frasers Centrepoint Trust bags $419m green loan, carbon credits from OCBC

The loan will be used to accelerate Tampines 1’s journey to carbon neutrality amongst others.

Central bank logs $30.8b net loss in FY22/23

The Monetary Authority of Singapore (MAS) said there were higher interest expenses.

Family offices to push growth of financial wealth in Singapore

There are now 800 family offices in the city, compared to only 100 five years ago.

Sustainable debt market in Singapore grew healthily to $27.05b

Singapore’s sustainable debt market went up by about 10 times in the last five years.

MAS unlikely to change policy in October: experts

UOB Kay Hian said an off-cycle announcement will only happen if there's a sharp growth downgrade in inflation.