Financial Services

Strong economic momentum, ageing population boost APAC insurance outlook

The adoption of technology is streamlining the delivery of insurance products.

Everything you need to know about Singapore and Bahrain's fintech relationship

Bahrain EDB’s Khalid Saad teases developments on the Singapore Fintech Consortium and other projects.

Unpaid credit card balances dropped to 2.6%

MAS said Singapore's debt situation has improved.

Singapore banks can save over 10% from fintech

Moreover, about 41% of banked balance has now abandoned traditional channels.

Frasers Centrepoint appoints Loo Choo Leong as CFO

He previously served as CFO at Pacific Radiance Limited from July 2010 to March 2017.

ABS and SFEMC propose to terminate 12-month SIBOR

They also want to change SIBOR computation based on market transactions and expert judgment.

Small businesses waste five weeks a year chasing arrears

90% of them have clients that fail to pay on time.

Singapore to improve price computations of SGS and MAS bills

It wants to guide primary dealers in determining the end-of-day prices.

Insurers flock to emerging Asia for M&As

They’re looking to tap into countries like Vietnam and Indonesia.

CPF-related funds grew 2.7% in Q3

Current volatility remains low but headwinds are expected.

Singapore to assist Myanmar's accountancy sector

The Institute of Singapore Chartered Accountants will also train accountants on micro accounting.

APAC banks structurally vulnerable to private sector influence

Long periods of low interest rates contribute to high leverage levels.