Financial Services
Gov’t extends application for the Simplified Insolvency Programme until 2026
Gov’t extends application for the Simplified Insolvency Programme until 2026
The programme helps MSCs facing financial difficulties.
ACRA revokes registrations of LW Business Consultancy and its director
The firm reportedly committed anti-money laundering breaches.
What are the most confusing financial terms for Singaporeans?
"Equity" ranks first with 270,000 average monthly searches.
What is the most popular fintech app in Singapore?
The top app is used by 35.9% of Singaporeans.
Singapore retains lead in Asia for crypto readiness
Globally, Singapore ranked 5th.
MAS awards Moomoo Singapore an MPI license
The license will allow the firm to offer new services to Singapore investors.
SPF, MAS to work with PRC on the unfreezing of monies transferred via remittances
As of 15 December 2023, SPF has received over 670 reports of remittances being frozen.
Aspire’s new vibrant workplace, a tribute to Singaporean roots
The fintech player named its meeting rooms after iconic MRT stations like Orchard, Marina Bay, and more.
Has Singapore lost interest in crypto?
Singapore recorded a 4.12 crypto interest score.
Moody’s sees asset tokenization, digital money transactions gaining traction in Singapore
Asset tokenization is seen offering substantial benefits to the finance industry
Where do the mass and affluent Singaporeans spend their money?
Mass market consumers spend a higher portion of their wallet (5.04% vs 2.22%) on essentials.
3 in 10 of Singaporean consumers oppose banks’ use of GenAI
Consumers cited concerns over data security and potential fraud.
How NETS is helping SMEs get the right data to raise their revenue
NETS has a network of about 10 million cards and 130,000 payment touchpoints in Singapore.
Finance leaders back use of AI to enhance financial operations
Eight in 10 say AI could effectively prepare finance and accounting departments for disruption.
4 in 10 accounting and bookkeeping firms added advisory services over a year ago: report
Client demand is pushing firms to offer more advisory services.
MAS launches code of conduct for ESG rating and data product providers
It also published a checklist for providers to self-attest their compliance with the code.
MAS, partners ink MOU on blended finance partnership for energy transition
The parties aim to raise up to $2.7b in concessional and commercial capital.