Financial Services

Credit crunch: Tighter rules urge SMEs to settle debts faster in Q2

Payment speed improved for the first time in 18 months.

1 in 2 Asian firms want to ditch their bankers: survey

The region’s top companies are dissatisfied.

Yuan rising: Singapore’s RMB usage climbs by 4% in 2014

15% of firms now use the yuan for cross-border deals.

FSL Trust Management names Philip Tan Eng Lay as CFO

He was regional head of finance of AET Tankers.

Tough times: Feeble Asian markets drag Temasek’s FY14 returns

These are testing times indeed for Temasek. Singapore’s sovereign investor posted distinctly underwhelming shareholder returns in FY14, bogged down...

British and Malayan Trustees appoints Lee Boon Huat as director

He will also be a member of Audit and Risk Committee, Nominating Committee, and Remuneration Committee.

Lim Hwee Hua joins United Overseas Bank as director

She was a Minister in the Prime Ministers Office and Second Minister for Finance and Transport.

Debt threat: Moody’s issues negative outlook on Singapore banks

Their profitability and efficiency are deteriorating.

Valuemax eats up Tai Eng’s entire capital

Booked value of the Bedok Central outlet is at $4.5 million.