Financial Services
Chart of the Day: Singapore banks' loan growth could slow down to 6.2% in 2019
Chart of the Day: Singapore banks' loan growth could slow down to 6.2% in 2019
Investors should take comfort that loan growth is still in the positive territory, analysts said.
Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong
This translates to almost 50 investment bankers leaving in the past six months.
Western Union rolls out its remittance mobile app in Singapore
Customers can send money directly into international bank accounts and mobile wallets.
MAS slaps lifetime prohibition order against former Goldman exec
He will also be prohibited from taking part in managing any capital markets services firm in Singapore.
Deloitte appoints Cheung Pui Yuen as Singapore managing partner
He will succeed Philip Yuen.
Business optimism moderates to 7.19 ppt for Q1 2019
Services, transportation and wholesale were the most optimistic sectors.
Singapore stock dividends estimated to fall 2.8% to $19.87b in 2019: report
The drop is due to the absence of one-off special dividends paid by DBS and Keppel Corporation.
OCBC rolls out digital account opening service for MNCs
The time taken to set up an account will be cut 75% from months to weeks.
Mobile wallet usage boosts business growth for small merchants: study
Monthly card sales increased 7% after adopting cashless payment methods.
Daily Briefing: Grant borrowers who repay their loans on time will benefit from new money lending business models; venture capital firm ICT Fund set to launch US$100m vehicle in 2019
And business management AI platform Osome clinches US$2m seed funding.
Great Eastern to acquire Indonesian insurance frm for U$28m
PT QBE General Insurance Indonesia will be absorbed as subsidiary.
Singtel's mobile app Dash welcomes Visa and Apple Pay
Users can use their Visa Virtual accounts and Apple pay for transactions online and in-store worldwide.
Daily Briefing: Standard Chartered's Ventures team hires more people amidst global layoffs; Centurion Corp hits its first close of global student accommodation fund
And here’s why the cryptocurrency crash offers a slap of reality for Singapore investors.
Citi to add full Apple product suite to rewards redemption platform by 2019
The service will also be available next year in Malaysia and Taiwan.
Escalating trade wars may weigh on Singapore bank earnings
OCBC and DBS are more vulnerable due to their larger Greater China footprint.
Experian leads US$10m series B investment in Malaysian fintech startup Jirnexu
Jirnexu operates financial comparison website, RinggitPlus.
MAS launches $30m cybersecurity capabilities grant
It will co-fund up to $3m to support cybersecurity advancement per firm in the financial sector.
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