Financial Services
Why Singapore banks will still be laden with O&G woes
Every 10bps increase in credit cost estimate will cause a 7% cut in net profits.
Why Singapore banks will still be laden with O&G woes
Every 10bps increase in credit cost estimate will cause a 7% cut in net profits.
Singapore leads use of in-app payment systems in Asia
But 43% still use cash to make payments.
Daily Briefing: Blockchain startup that decentralises data raises US$1.5m; Strong SGD mutes foreign demand for homes
And here's how Oakwood Studios caters to expats in Singapore.
Payments Council to create common QR code for Singapore
Banks and payment providers will collaborate to create the QR code.
DBS launches digibank in Indonesia
It follows digibank’s success in India last year.
Innoven Capital's Chin Chao reveals why venture debt is the next big thing for Southeast Asian start-ups
Southeast Asia is fast becoming a hotbed for start-ups, and here’s how venture loans can fuel their growth.
Singapore banks' wealth management fees to post double-digit growth
It formed up to 44% of banks' commission income in 1H17.
OCBC improves cashless payments with new mobile keyboard
Customers can now make e-payments without exiting their current mobile app.
Singapore banks' non-interest income to increase by up to 15%
Thanks to wealth management fees and net trading income.
30% of Singapore financial firms already have blockchain investment plans
And four in 10 are planning to invest in it in the future.
3 in 4 Singaporeans believe they'll go cashless by 2030
More than half think going cashless will be more convenient.
Banks to sustain loan growth until 2019
Growth for the said year is around 5-6%.
LATTICE80 to aid Singapore fintech startups expand to Japan
It signed an MOU with Finolab.
Chinese-backed APX eyes getting MAS' nod
It will start a third derivatives exchange in Singapore.
Alipay eyes entering Singapore
It will first target Chinese citizens in the Lion City.
Singapore's largest commercial banks in 2017
From HR mobile apps to online payroll, banks are in a digital arms race.
OCBC inks staff training deal with Bank of Ningbo
The bank will provide US$5m as training grant for the China-based bankers.