Financial Services
Changes must be made if Singapore is to stay ahead of the curve in cryptocurrencies
Ravi Menon, managing director of the Monetary Authority of Singapore recently claimed: “I do hope when the fever has gone away, when the crash has...
Changes must be made if Singapore is to stay ahead of the curve in cryptocurrencies
Ravi Menon, managing director of the Monetary Authority of Singapore recently claimed: “I do hope when the fever has gone away, when the crash has...
Vouch Insurtech incentivises safe drivers
Members who don't make claims can enjoy up to 15% cashback on annual premiums.
DBS non-performing loan formation in Q1 hits 4-year low
New NPLs declined 63% to $195m.
Spackman pushes for listing of two Korean subsidiaries
The company is merging Novus Mediacorp and Frame Pictures into a combined entity.
MAS collaborates with three agencies to accelerate AI adoption in finance
The regulatory body has partnered with the EDB, IMDA and IBF.
MAS urges caution amidst intensified phishing attempts
Some emails claim to come from MAS itself.
OCBC profit up 29% to $1.11b in Q1
Higher income from wealth segment and loan related activities buoyed earnings.
Sluggish approval rates dampen loan growth in Malaysia
Loan approvals on a 3M MA basis fell from 12.6% to 5% in March.
Growing property exposure pose risks to Philippine banks
CAGR of real estate loans stand at 22% from 2012-2017 versus overall loan growth at 17%.
India's private banks profit from demonetisation drive
The country’s ultra wealthy are shunning property and gold and turning to equity and debt investments.
Chinese banks' assets plunge to single digits in 2017 as loans take over
Intense shadow banking crackdown has reinvigorated on-balance-sheet activity.
Daily Briefing: Temasek eyes stake in Indian digital payments startup; LTA to accept license applications from bike-sharing operators
And another Singapore-based blockchain network has breached the US$1b market cap.
Can tighter oversight rein in risks in Singapore's booming invoice finance market?
The industry’s unregulated nature renders investors vulnerable as revealed by a massive S$6.9m fraud case.
Great Eastern Holdings Q1 profits surged 68% to $152.9m
It attributed the growth to higher profit from its Singapore insurance business.
MAS imposes 4-year prohibition order on ex-Credit Suisse rep
Lim Fang Wee hid the identity of the owner of 3 accounts from the bank.
UOB profits jumped 21% to $978m in Q1
Its record high earnings were boosted by higher incomes from interest and fees and commissions.
MAS requires over-the-counter derivatives trades to be centrally cleared
Banks with $20b OTC derivatives will be required to clear their trades through regulated counterparties.
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