Financial Services
Wirecard to process GrabPay transactions for MSMEs
Wirecard to process GrabPay transactions for MSMEs
It will also expand GrabPay to more merchants.
KKR names Chee-Wei Wong as Head of Global Impact for Asia
He will support impact-related portfolio companies across Asia Pacific.
CIMB Singapore plays to its strengths as neobanks loom
The bank is gearing up its tech and customer-employee experience amidst an increasingly tech-centered industry.
Maybank Singapore, Gem Residences unveil access card arrangement
Residents can use a Family & Friends card to access their property.
DBS CEO Piyush Gupta's pay rose 2.28% to $12.13m in 2019
The bank’s total income grew 10% for the period.
Card payments market to hit $158b in 2023
Credit cards took the lion’s share in market value at 60% in 2019.
Mapletree Investments clinch $310m sustainability loan from OCBC
The interest rate will be reduced should ESG targets be met.
Singapore most open to financial compliance in ASEAN
The region’s diverse economic developments and different regulators are seen as barriers.
MUFG-Grab deal shows Japanese banks' curiosity in SEA
But Fitch warns it could lead to higher costs and put pressure on profits.
ADB unveils new Singapore office
It comprises 12 specialists from ADB’s PSOD and Office of Public-Private Partnership.
FWD appoints new Singapore CEO
Khor Kee Eng was previously CFO of the SIngapore unit.
Surprise US fed cut to weigh on OCBC's NIM
FY2020F NIM could dip below 1.70%.
Only 1 in 5 of APAC banks has an AML compliance strategy: study
Only 8% have an integrated system or specific executive to report these functions.
LIA Singapore re-elects president, deputy presidents
Members of Life Insurance Association, Singapore (LIA Singapore) have re-elected Khor Hock Seng as president for a second consecutive term in office...
Deutsche Bank Wealth Management names two additions to APAC lending team
The appointees are based in Hong Kong and Singapore, respectively.
CPFIS funds record 4.44% average returns in Q4 2019
Equity funds saw the biggest increase in returns at 5.99%. The overall Q4 2019 performance of funds under the Central Provident Fund Investment...
Banks' NIMs to degrade after US Fed's surprise rate cut
DBS and UOB guided declines of 5-7bps.
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