Financial Services
iFAST Corp net profit leaps nearly five times over in Q1
iFAST Corp net profit leaps nearly five times over in Q1
The increase in earnings was driven by contributions from its ePension division, and improvements in its wealth management business.
Fullerton Fund Mgmt, UNDP working on sustainable management framework
This aims to guide private equity investors in integrating sustainability into their strategies.
DBS, OCBC to see net profits dip, loan growth soften in Q1
“Softer NIM but resilient asset quality.”
Two of the largest banks in Singapore are expected to report a year-on-year (yoy) drop in net profits for...
MAS allocates $35M for sustainable finance upskilling
Initiatives include expanding sustainable finance courses and introducing an IBF Skills Badge.
Industry boosts accounting appeal with new roles, education programmes
There has been a 10% decrease in accounting degree students at universities in Singapore.
MAS policy holds steady for medium-term price stability
The central bank said its current policy settings remain "appropriate."
OCBC Securities marks fourth ETF launch in Singapore
The ETF guarantees a minimum 5% annual dividend for the first 2 years.
MAS and Mastercard signs deal to bolster financial sector’s cyber resilience
The two parties aim to work together to formulate solutions that will help enhance cybersecurity.
Bonuses drop for Singapore banking professionals
Those holding a vice president role saw their bonuses decline by 39% in 2023.
MAS, ASEAN central banks welcome Brunei and Laos to payment initiative
The initiative utilises QR payments, for faster cross-border transactions.
Contactless, mobile pay dethrone cash in Singapore
Five in 10 say cash is their least preferred payment method.
MAS launches platform against money laundering and terrorism financing
The platform will identify financial crime risks through customer data sharing.
Sembcorp unit inks $74m revolving credit facility with DBS Hong Kong
The facility can be extended by two years.
IMAS unveils tool to match fund managers with fintech solution providers
The directory aims to provide fintechs with a better understanding of industry gaps.
ACRA announces board changes
Three new members have been appointed to the board.
MAS to boost sustainable finance in Singapore with AI and tokenization
Global hedge fund managers and private credit managers favour Singapore as a prime office location.
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