Financial Services
MAS tacks $375k fine on UOB Kay Hian
MAS tacks $375k fine on UOB Kay Hian
The fine is for breaches in business conduct and anti-money laundering rules.
Crypto remains popular amongst Singaporeans post-crash: research
More than five in 10 have invested in crypto in the last two years.
Legacy system to competitive advantage: How incumbents can win it all in the digitalisation race
The banking and capital markets industry has seen a monumental shift in how money is created, transferred, stored and owned. With the phenomenal...
Helicap plays matchmaker for underfinanced SMEs
Its technology evaluates SMEs' funding needs and positions them as attractive investments.
Crypto adoption further rose in 2022: study
About 20% of adults in Singapore own cryptocurrency.
The percentage of Singaporean adults who own cryptocurrency had gone up to 20% in 2022 from 16%...
Grab, Singtel-led digital-only bank GXS debuts in Singapore
It has launched a savings account with a customizable pockets feature.
Bridgewater expands to Singapore
Singaporean base to pave way for pan-Asian market expansion.
MAS unveils additional measures to safeguard retail investors vs crypto risks
Consumers are still "irrationally oblivious" about the risk of crypto trading, said MAS.
Singapore and Indonesia team up on cross-border payments connectivity project
This will launch in the second half of 2023.
Revolut names new Singapore chief
The new CEO brings with him 20 years in the mobile, payment and travel tech experience.
Chart of the day: One in eight S’poreans to cut back on insurance as costs rises
This is below the APAC average of 14%.
Chart of the day: New business premiums of life and health drops 8.2% YoY in June
New business premiums totalled $63.4b in June this year.
Singaporean's use of credit cards for cross-border shopping declines by 11%
It is still, however, the most used payment method when shopping outside SG.
Hg Exchange appoints new chairman
Lawrence Wong will be the Chairman of the Board, starting 1 August.
Singapore life insurance contracts by 1.9% YoY in H1 2022
New business premiums hit $2.63b.
Investor performance for semiconductor giants ‘strong’ in July
Investors are also seeing an opportunity in Taiwan Semiconductor Manufacturing Company.
Massive NIM expansion backs increase of DPS in 2023: analyst
DBS, OCBC, and UOB posted expansion in the second quarter (Q2) of 2022.
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