News
Singapore accounting sector grows 7.5% to $3.5b in 2024
Singapore accounting sector grows 7.5% to $3.5b in 2024
The sector anticipates hiring over 1,500 new roles, with roughly two-thirds in audit and assurance.
Singapore family firms expect strong double-digit growth in 2025
28% of Singapore family businesses are open to private equity or outside investment.
AI hiring in Singapore fintech rises 40% YoY
Around 23% of professionals are currently upskilling through online courses, focusing on areas like AI.
Fintech leaders urge unified standards as digital payments stay fragmented
Developers face incompatible payment systems across providers.
How big finance players bolster defences with AI as scams surge
Despite tech advancements, human behaviour remains the dominant vulnerability.
Why banks leverage AI to bridge legacy systems with modern payment rails
These can unlock legacy data and facilitate real-time payments.
Grab and WeRide approved for autonomous shuttle testing in Punggol
AV test runs to increase fourfold ahead of 2026 launch
‘Trust’ will anchor AI-driven global trade networks—financial experts
However, building trust continues to be a constant challenge for the industry.
MAS issues draft AI risk guidelines for all financial institutions
Guidelines cover governance, lifecycle controls and proportional AI safeguards
Global regulators push for cross-border coordination in digital assets
Trust remains central to digital finance innovation.
MAS completes live trial of interbank lending using wholesale CBDC
SGD Testnet enables financial institutions to settle tokenised financial assets using wholesale CBDC.
Moomoo Singapore launches first physical boutiques
The expansion follows the company's milestone of serving over 1.5 million users.
ST Engineering achieves record $32.6b order book in 9M 2025
Group revenue for the period was $9.1b, marking a 9% year-on-year increase.
ST Engineering books $667m impairment on iDirect Group
iDirect group's year-on-year revenue and EBITDA declined by 9% and 22% respectively.
ComfortDelGro profit rise 10.5% YoY in 9M 2025
The group also reported a total revenue of $3.7b during the period.
Singapore to trial tokenised MAS Bills using central bank digital currency
The move follows the first live interbank settlement using wholesale digital currency.
Financial leaders reject ‘Global South’ label over tech boom reality
Financial distress is not an emerging market-only problem.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore