Financial Services
How much has the financial sector raised from bonds YTD?
It raised $16.7b, down 12.8% YoY.
Primary bond offerings from Singapore up 3.8% to $9.9b
This brings total bonds to $28.8b YTD.
Chart of the Day: Singapore inbound M&A hits record-high US$27.3b in Q3
Whilst outbound activity slowed down to US$12.9b.
DBS, OCBC, UOB named top three safest banks in Asia
DBS ranked 11th worldwide.
OLS Enterprise acquires 100% interest of investment holder BSDCN
The transaction was worth $6m.
Surely Singapore will be Southeast Asia's first cashless society
Prime Minister Lee Hsien Loong is right to push for a cashless society in Singapore as a top national priority.
DBS commits to 100% renewable energy usage by 2030
It will install solar panels in its offices and apply for renewable energy certificates.
DBS upgrades cross-border payments with real-time tracking
It will use SWIFT Global Payments Innovation (gpi).
Incomlend raises US$1m in second round of funding
It's total raised capital is nearly at US$1.5m.
UOB, HSBC launch 3-year fixed mortgages
The fixed rate mortgages are sold at 1.68% per year.
Banking on FinTech: How Singapore banks are embracing FinTech today
It wasn’t too long ago when there was a rallying cry of how banks were not doing enough to try and beat smaller FinTech start-ups. Turns out that the...
Deloitte Singapore appoints new financial and regulatory risk leaders
It wants to support growing demand in SEA.
The future of payments in Singapore's Smart Nation
At this year’s National Day Rally on 20 August, when Prime Minister Lee Hsien Loong spoke about the most important challenges and opportunities facing...
Why Singapore's accountants need to embrace the cloud before they can take advantage of AI
Singapore climbed the rankings to be the second most cloud ready environment in Asia, according to the latest edition of the Asia Cloud Computing...
Net trading income to boost Singapore banks' profits
The banks' trading income CAGRs were 15–33% between 2011-2016.
CCT converts $4m of its 2.5% convertible bonds
Shareholders exercised conversion rights.