Financial Services
UOB allots $3b relief assistance for SMEs affected by COVID-19
UOB allots $3b relief assistance for SMEs affected by COVID-19
It hopes to help SME clients address near-term liquidity needs.
PDPC warns AXA Insurance, NTUC over data breaches
Policyholders' personal data were sent over emails to unintended recipients.
CIMB Singapore extends nCov financial support
The bank will bump up its e-Supply Chain Financing program.
Singapore Budget 2020 measures needed to boost adoption of blockchain technology
Blockchain has been one of the most talked about technologies in recent years. Though blockchain has not reached its full potential, respondents to...
IPs, IP riders to cover nCov medical expenses
Many non-IP individual and group health insurance policies will also cover medical costs.
HSBC Life extends nCov benefits programme to customers
Customers may receive $1,000 in the event that they contract nCov in Singapore.
DBS expects $1.4b net profit for Q4 2019: analyst
Quarterly earnings report will be out by 13 February.
More than 300 Chinese firms seeking billions of loans to combat nCov
Xiaomi is seeking $716m (CNY5b) to develop and sell medical equipment.
UOB shuts China outlets over nCov
A small number of staff will remain in Shanghai and Beijing for customer service.
Consumer goods firm Tolaram plans digital banking debut in Africa
Its services will be akin to a traditional bank.
Over half of Singaporeans want digital banks to offer non-financial features
But they would still keep traditional banks as their primary bank.
MAS urges financial institutions to bolster measures amidst nCov outbreak
Internal controls and demands for financial services should be managed.
Great Eastern launches fitness calculator FitAge
It can be used to measure one’s fitness against their own biological age.
Singapore, US to support financial data cross-border transfer
It will be allowed as long as financial regulators have access to data.
Individual health insurance business premiums hit $465.7m in Q4 2019
IPs and IP rider premiums comprised $419.7m of the amount.
Life insurance employment up 6% in 2019
Expertise in digitalisation transformation remains highly sought after.
Life insurance business premiums up 0.4% to $4.3b in Q4 2019
Total sum assured for new businesses grew 7% YoY to $149.5b.
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