Financial Services

OKX SG receives MPI license from MAS

They have appointed Gracie Lin as CEO.

Kenanga Group acquires 8% stake in Helicap to advance digitalisation

The group’s stake will soon increase to approximately 10%, making it the largest institutional investor in Helicap.

6 in 10 Singaporeans say seller location will matter less by 2030

The shift reflects Singapore's expectation of a more borderless retail future.

Partior eyes wider market reach after US60m+ funding

The startup is fast-tracking the development of new products, such as intraday FX swaps.

NETS taps DBS’ Jeremy Soo as new chairman

He will succeed Susan Hwee, who will assume the role of head of group retail at UOB.

8 in 10 Gen Zs interested in generative AI use: study

About 43% of them have already used AI for shopping. Over eight in 10 Gen Zs are increasingly aware of the potential of generative artificial...

CPFIS funds record 9.69% average returns in Q2 2024

Investment-linked insurance policies (ILPs) recorded average returns of 9.68%.

DBS grants $92m green loan for wind turbine farm project in China

The project will generate renewable energy to power 90,000 households.

GuocoLand bags $847m green loan to fund Upper Thomson development

It plans to develop a 941-unit residential project on the site.

Startup pioneers AI to detect accounting fraud

Transparently.AI identifies red flags far in advance of a corporate collapse.

MAS partners with banks, tech on quantum security enhancement

The central bank also launched a grant scheme to fund quantum projects. The Monetary Authority of Singapore (MAS) signed an agreement with DBS, HSBC...

UOB seeks to double wealth AUM, trade loans by 2026

It aims to be the number 1 cross-border trade bank in ASEAN.

DBS and J.P Morgan top choice of banking employers: survey

Meanwhile, Goldman Sachs only ranked fifth despite competitive compensation.