Financial Services

No need to ban cryptocurrency trading in Singapore yet: MAS

MAS remains on guard for any trading anomalies.

UOB disposes stake in Marco Polo Marine for $12.68m

Marco Polo went through a debt restructuring exercise.

Are Singapore's big banks out of the slump?

Higher interest rates and rising wealth to push double-digit profit growth.

Responsible tax management: a priority for multinational companies

Traditionally, visibility and scrutiny of a company’s tax position was limited to a small number of interested parties who used disclosures in annual...

Samsung-Grab deal to help 2.3 million drivers micro-finance

The new feature will allow them to buy a device and finance it through a loan.

14% of SMEs' debt turned to arrears in 2017

This is an improvement from 2014, when 25% wasn't paid on time.

Mobile payment adoption in Singapore is on the rise despite security concerns

Singapore's usage of mobile payments has grown by 53% since 2017.

Singapore to "reskill" finance professionals lagging industry changes

It set up a centre with IBF to provide advisory services.

UOB unveils new Entrepreneur Shadow Programme

It aims to help small businesses tap talents.

Singapore savings bond oversubscribed for $172m

Investors that applied for over $41,500 may not get a full allocation.

Grab to install GrabPay in tourist spots

It inked a deal with the Singapore Tourism Board.

DBS wants more private bankers to tap Asia's ultra rich

It eyes boosting its current pool of 200 private bankers by 10-20%.

HDB issues 10-year fixed rate notes for $515m

The notes have a coupon of 2.32% per annum payable semi-annually.

Smart ICO guidelines could put Singapore on the path to becoming the world's first ‘crypto-hub'

To emerge as the world’s first crypto-hub, Singapore needs to find the middle ground between ‘crypto is a fraud/Ponzi scheme’ and ‘crypto is the best...