Financial Services
DL Holdings to acquire part of Singapore wealth firm for US$50m
DL Holdings to acquire part of Singapore wealth firm for US$50m
The SG firm has an AUM exceeding US$2.6b ($3.4b).
Gov’t extends 4% SMRA interest rate floor until 31 December 2025
This will raise the SMRA interest rate to 4.14%.
SUNRATE, STCC Thailand partner to boost Thai companies in S’pore
This includes the ability to make payments via SUNRATE's business account to more than 190 countries.
OCBC to set up new hub, partner with SIT in $500m Punggol investment
It plans to complete the hub in Q1 2027.
CIX names new CEO and chair board to lead next phase of growth
Choo and O'Neill will assume roles on 21 October and 1 November, respectively.
Climate Impact X (CIX), a Temasek-backed carbon exchange, has...
Financial sector employment up 4,800 in 2023: DPM Gan
The financial sector made up 14% of Singapore’s GDP in 2023.
PDPC to monitor Worldcoin amidst privacy concerns
It will also work with international counterparts as necessary.
The Personal Data Protection Commission (PDPC) will continue to monitor Worldcoin's...
NVPC and Ant International team up to boost digital fundraising for charities
The initiative will help charities under NVPC’s giving.sg platform.
Forvis Mazars appoints new tax partner
A promotion in Management Consulting was also announced.
SIAS publishes book on defending minority shareholders through diplomacy
The book is edited by Aaron Low.
MAS reprimands Acesynergy Brokers’ CEO for regulatory breaches
The central bank found weaknesses in its management oversight, amongst others.
COTD: Singapore secures top spot in crypto adoption, leading in infrastructure, tech: report
Singapore outranked Hong Kong, UAE, the US, and the UK.
7 in 10 subscription businesses seek flexible billing to cut cancellations
Players said current billing systems are "too rigid."
Franklin Templeton partners with OCBC to launch new Franklin Income Fund share class
The new Class Q shares aim to distribute dividends on a monthly basis.
MAS enforces 5-year prohibition on ex-RHB rep for market misconduct
The prohibition order took effect on 3 September.
Smartkarma acquires Helixtap to boost commodity data capabilities
The acquisition was driven by rising rubber demand, La Niña, and supply disruptions.
MDRT appoints Singaporean Carol Kheng as its new president
Keng is a 26-year member of MDRT.
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