Financial Services
Chart of the Day: Singapore banks' dividend yields tower over ASEAN peers at 5.1% in 2019
Such levels are higher than banks in Indonesia and the Philippines.
Chart of the Day: Singapore banks' dividend yields tower over ASEAN peers at 5.1% in 2019
Such levels are higher than banks in Indonesia and the Philippines.
Former SMRT CEO Desmond Kuek joins UBS' global wealth management team
Kuek will serve as the bank’s divisional vice-chairman by18 February.
3 in 5 Singaporeans believe fintechs are as trustworthy as banks: survey
Around 13% even believe that fintechs deserve more trust than old-guard lenders.
Singapore police probes Wirecard after report on fraud allegations
An executive in Singapore reportedly used forged contracts for suspicious transactions.
Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened.
Government urged to hike CPF contribution rate for workers above 55 to 37%
It will ensure that older workers are paid the same as their younger colleagues.
Grab clinches $269.16m investment from Thai retail tycoon Central Group
They will partner to enhance Grab's retail and logistics services in Thailand.
OUE Hospitality Trust NPI up 0.08% to $112.8m in 2018
The firm saw stable RevPAR from Crowne Plaza Changi Airport and Mandarin Orchard Singapore.
UOB and Grab kickstart digital partnership
Consumers can now apply for the UOB One Card from the Grab app.
APAC's asset and wealth managers to hit US$29.6t in AUM by 2025
Shanghai is set to rise as an AWM hub along with Singapore and Hong Kong.
Banks grapple with tepid margins in 2019
Net interest margins are set to rise by 3-5bp.
Singapore banks amp up technical hiring to plug digital vacancies
Banks are focusing their digitalisation efforts in the Lion City.
Hong Kong accounting firms are digitising faster than their Singapore counterparts
Only 34.5% of firms use automation apps compared to 81% in Hong Kong.
Here are 10 investment ideas for 2019
Analysts eye investments in equities and properties in China, Europe, and the US.
MAS warns against websites soliciting cryptocurrency investments
They ask for personal and financial details to buy the cryptocurrency.
Singapore's new payments rules aim to put consumers first
The recently announced Payment Services Act by the Singapore government seeks to address the balance between supporting the shift to a cashless...
Nearly a quarter of SMEs still prefer cash and cheques: survey
Firms worry that the shift to cashless payments will be fraught with cyberthreats.
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