Financial Services
Bowsprit Capital Corporation appoints Valerie Ng Chwee Ngor as chief financial officer
Bowsprit Capital Corporation appoints Valerie Ng Chwee Ngor as chief financial officer
She was responsible for financial review and reporting.
Government mulls borrowing guarantee to fund massive infra projects
This could finance the KL-Singapore high speed rail and Changi T5.
Delayed GST hike to spur private consumption
GST will be raised to 9%, but government has not specified when this will be implemented.
OCBC rolls out facial recognition to identify premier banking customers
It can record the purpose of the visit, gather feedback, and understand customer behaviour patterns.
It's raining dividends at OCBC and UOB
OCBC and UOB raised their dividends to 38 cents and 80 cents, respectively.
Are Singapore VCs losing out to ICOs?
ICOs raised US$550m, overtaking the US$300m raised by VCs.
Double-digit growth in fee income cheered Singapore banks in Q4
Thanks to wealth management and capital market services.
Singapore banks shake off oil & gas loan burdens
O&G debts made up 2%-3% of their total loans.
Get ready for MAS tightening in April
The central bank has previously kept its neutral stance.
OCBC's net profit to grow to $4.89b in 2018
This will be driven by the rising loan growth, and easing of oil and gas woes.
UOB's net profit to rise to $3.83b in 2018
This will be driven by strong loan growth.
Singapore banks' profits soar by 27% in Q4
DBS, OCBC, and UOB made a whopping $11.9b in 2017.
Singapore and Egypt ink fintech cooperation deal
This will allow both to study regulatory regimes.
Ramco Systems And XinFin to develop hybrid blockchain solution
It will cover three industries: logistics, aviation, and HR.
UOB's Q4 profit rose by 16% to $855m
Net earnings for 2017 grew by 9% to $3.39b.
OCBC's Q4 profit surges by 31% to $1.03b
Net earnings for fiscal year 2017 reached an all time high with $4.15b.
Chart of the Day: Number of fintech deals plunge from 11 to five in Q4
But their deal value surged from $95m to $120m.
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