Financial Services
MAS to enforce new data collection rules
It aims to reduce data duplication and automate financial institutions’ submissions.
MAS to enforce new data collection rules
It aims to reduce data duplication and automate financial institutions’ submissions.
OCBC opens AI unit with $10m investment
Its services in wealth advisory and loans financing are bracing for AI upgrades.
Grab launches lending services for Southeast Asia
The services will tap into the “huge cache” of customer data from the Grab app to provide credit ratings.
Singapore police extends support of MAS' criminal probes
The investigations will now cover all offences under the Securities and Futures Act (SFA) and Financial Advisers Act (FAA).
Malaysian banks poised for greater profitability amidst loan demand recovery
Improved asset quality is also in store for banks with O&G exposure.
Insurtech challenges Singapore's largest insurance firms
Quite late to the digital party, insurers find room for startup collaboration.
Daily Briefing: SGX eases dual-class share rules to lure tech IPOs; Singapore turns to venture debt for funding
And here's Standard Chartered's new MD who moved in after spending five months in rival Safra Sarasin.
OCBC could gain $608m after Great Eastern Malaysia sale
Analysts also expect a special dividend should it sell 30% of its stake.
HSBC launched SGD income bond for Singapore retail investors
It launched an SGD-denominated fund that will invest in Asian governments and firms.
MAS slams financial advisors' mass firm-hopping
It launched a public consultation for four measures that could address this.
Daily Briefing: World's oldest billionaire lives in Singapore; GIC and Temasek in talks for $1.5b 'Salt Bae' resto deal
And here's why Singapore's debt consolidation plan might not be working.
ACRA cuts firms' tax filing length to 6 steps
The new process will potentially benefit 150,000 companies.
soCash puts the heat on ATM machines as Singapore digitises
The fintech start-up aims to turn ordinary stores into cashpoints.
Daily Briefing: Grab's transport data assists Singapore government; Tai Sin to pay 0.75 per share dividend
And here are reasons why you should consider setting up a trust.
Analysts are bullish on growth amidst Fed interest hikes
They are now expecting four Fed hikes in 2018 after recent policy comments made by the central bank.
CIMB launches cross-border banking between Malaysia and Singapore
Malaysian customers will be able to open Singapore bank accounts.
PayNow to extend into businesses by H2 2018
Companies will be allowed to link their bank accounts to their Unique Entry Numbers and transfer funds to other firms.
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