Financial Services
Singapore loans grew 8% in 2017 but still lagged behind Hong Kong
A robust economy and optimism in the property market are slowly narrowing the gap.
Payment options for e-commerce businesses in Singapore
Singapore’s e-commerce market is slowly positioning itself as a key player in the country’s retail industry. E-commerce is expected to make up 6.7 per...
UOB discretionary portfolio assets tripled in 2017
It identified client segments that preferred DPM solutions for their investments.
Standard Chartered's Singapore-based operations to merge with local unit
This will triple its assets and add its large banking businesses.
Google unveils e-payment app in Singapore
It merged the app with existing features in Android Pay.
MAS likely to tighten monetary policy: analysts
They were encouraged by Finance Minister Heng Swee Keat’s statement that the budget position for 2018 will remain expansionary.
MAS to limit OTC derivatives trading to bourses
The rules will cover popular derivatives like interest rate swaps.
Bowsprit Capital Corporation appoints Valerie Ng Chwee Ngor as chief financial officer
She was responsible for financial review and reporting.
Government mulls borrowing guarantee to fund massive infra projects
This could finance the KL-Singapore high speed rail and Changi T5.
Delayed GST hike to spur private consumption
GST will be raised to 9%, but government has not specified when this will be implemented.
OCBC rolls out facial recognition to identify premier banking customers
It can record the purpose of the visit, gather feedback, and understand customer behaviour patterns.
It's raining dividends at OCBC and UOB
OCBC and UOB raised their dividends to 38 cents and 80 cents, respectively.
Are Singapore VCs losing out to ICOs?
ICOs raised US$550m, overtaking the US$300m raised by VCs.
Double-digit growth in fee income cheered Singapore banks in Q4
Thanks to wealth management and capital market services.
Singapore banks shake off oil & gas loan burdens
O&G debts made up 2%-3% of their total loans.
Get ready for MAS tightening in April
The central bank has previously kept its neutral stance.
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