Financial Services

DBS inks Belt and Road deal with Sinosure

DBS inks Belt and Road deal with Sinosure

Insurance firm Sinosure will provide credit insurance for DBS financing activities.

Over half of large firms to move their finance systems to the cloud: survey

Respondents also noted that CFOs should expand their roles beyond finance into risk management and cyber security.

Singapore's mobile payments growth hits 46% in 2019

It lags behind Vietnam in terms of growth rate.

Chart of the Day: Firms with deteriorating risk standing hit 21.36% in 2018

This represents a visible increase from just 15.13% in 2017.

3 in 5 Singaporeans willing to share data for cheaper banking products

Users are willing to share data on their income, location and lifestyle habits.

MAS stands pat on monetary policy as economy slows

The government expects the economy to grow between 1.5-3.5%.

Chart of the Day: Overseas credit searches by Singapore firms up 2.05% in 2018

ASEAN accounted for the highest proportion of credit checks at 27.7%.

NTUC Income and ZhongAn tie up to develop digital insurance products

They aim to roll out a lifestyle insurance product for the tourism sector by Q2.

Singapore fintech Validus Capital expands to Indonesia

It aims to plug SME funding gap through its domestic business entity, Batumbu.

EZ-Link ties up with Malaysia's Touch n' Go for cross border Combi Card

It will allow users to pay for Singapore ERP fares and Malaysian highway tolls.

MAS bans reps from HSBC, UOB, and NTUC Income over fraud

Their cases involved deception, sales of fake products, and forgery.

Chart of the Day: What are the top targeted M&A deals in Q1?

CapitaLand's US$7.9b acquisition of Ascendas is the largest M&A so far in SEA.

Hyflux troubles trickle down as nearly $4b corporate bonds mature by end-2019

Hyflux's distress may just be the beginning of a series of default risk situations.

UOB prices US$600m notes at 3.75%

These will be rolled out by 15 April.