Financial Services
EnterpriseSG and Afreximbank boost financing for firms expanding to Africa
This marks the first partnership between EnterpriseSG and a multilateral development bank.
Singapore eyes 15% top-up tax on MNEs to prevent foreign tax losses
Additional revenues from the top-up taxes will be used to enhance the local business environment.
UOB’s Better U Pivot programme to reskill employees for new bank roles
It also aims to address growth areas like risk and compliance, sales, and customer experience.
UOB has launched its Better U Pivot programme, aimed...
Top Glove cuts losses to MYR 3.6m in Q4 as sales revenue surges 75% YoY
Sales volume also grew significantly.
ISCA and AGD team up to build talent pool of public sector accountants
They will promote the SCAQ programme as a pathway to the Chartered Accountant title.
DBS partners with IRAS to provide individual and corporate taxpayers with eGIRO
The eGIRO service aims to benefit two million GIRO users in Singapore.
Vividthree Holdings taps UOB Kay Hian as its new continuing sponsor
UOB Kay Hian replaces RHT Capital.
Yongmao Holdings launches $20m multicurrency programme
It also launched its inaugural issue at a 5.3% interest rate per annum.
SRS and SAS launch programme to upskill remisiers in digital strategies
The programme aims to enhance remisiers' ability to engage with clients.
AI emerges as a key tool for investors, wealth managers: report
Investors now prefer wealth managers who adopt new technologies.
IRAS penalizes over 4,700 companies for late or missed tax filings in 2023
The total penalties incurred from failure to file tax filings reached over $4.9m.
Singapore injects $1.2b from green bonds for rail projects
MAS will allocate the remaining green bond proceeds by FY2025.
MAS forms expert panel for cyber and tech resilience in finance
The panel consists of 13 global industry experts.
Singapore ranks 4th in Global Financial Centres Index
It also ranked second in business environment, infrastructure, and financial sector development.
92% of Singaporeans worry about banking safety
Millennials were most affected by online banking fraud, with 34% falling victim.
MAS issues 5-year prohibition order against Pan Qi
Qi was sentenced to 5 weeks’ imprisonment and fined $120,000 in 2023.
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