Financial Services
MAS requires financial institutions to use innovative technology solutions
This is to facilitate safer customer on-boarding.
6 in 10 banks in APAC victimised by fake identities
5-10% of the total credit card applications were found fraudulent.
Singapore is the new Hong Kong for China's Ultra Rich
Tighter scrutiny from Chinese authorities may be driving HNWIs away from Hong Kong.
Great Eastern in talks to sell Malaysian arm to provident fund
It could also turn to IPOs if no transaction is reached.
No need to ban cryptocurrency trading in Singapore yet: MAS
MAS remains on guard for any trading anomalies.
UOB disposes stake in Marco Polo Marine for $12.68m
Marco Polo went through a debt restructuring exercise.
Are Singapore's big banks out of the slump?
Higher interest rates and rising wealth to push double-digit profit growth.
Responsible tax management: a priority for multinational companies
Traditionally, visibility and scrutiny of a company’s tax position was limited to a small number of interested parties who used disclosures in annual...
Samsung-Grab deal to help 2.3 million drivers micro-finance
The new feature will allow them to buy a device and finance it through a loan.
14% of SMEs' debt turned to arrears in 2017
This is an improvement from 2014, when 25% wasn't paid on time.
Mobile payment adoption in Singapore is on the rise despite security concerns
Singapore's usage of mobile payments has grown by 53% since 2017.
Singapore to "reskill" finance professionals lagging industry changes
It set up a centre with IBF to provide advisory services.
UOB unveils new Entrepreneur Shadow Programme
It aims to help small businesses tap talents.
Singapore savings bond oversubscribed for $172m
Investors that applied for over $41,500 may not get a full allocation.
Grab to install GrabPay in tourist spots
It inked a deal with the Singapore Tourism Board.
DBS wants more private bankers to tap Asia's ultra rich
It eyes boosting its current pool of 200 private bankers by 10-20%.
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