Financial Services

HDB issues 10-year fixed rate notes for $515m

The notes have a coupon of 2.32% per annum payable semi-annually.

HDB issues 10-year fixed rate notes for $515m

The notes have a coupon of 2.32% per annum payable semi-annually.

Smart ICO guidelines could put Singapore on the path to becoming the world's first ‘crypto-hub'

To emerge as the world’s first crypto-hub, Singapore needs to find the middle ground between ‘crypto is a fraud/Ponzi scheme’ and ‘crypto is the best...

Request for transparency for CACHE's $1.9m tax from IRAS

CIMB also expects CACHE to distribute the amount over the four quarters of FY18.

2017 "a good year" for insurance as premiums kept low

The general insurance rate in 2017 moved between 7.5-12.5%.

Singapore toughens white-collar crime crackdown

The move follows high-profile cases like Singaporean financiers' link to the 1MDB.

Banks to start reporting results under IFRS 9

Banks are now required to set aside a minimum loss allowance of 1% on exposures, and excess will be recorded as capital.

Citi launches new China desk in Singapore

It aims to serve as a gateway to ASEAN.

DBS to redeem 3.1% $1b bonds

The notes are initially due 2023.

Guocoland to raise $350m from perpetual bonds

Distribution payments will be made at the rate of 4.6% per annum.

Should the Income Tax Act be amended to boost value creation?

In its 2018 budget proposal, PwC believes that the 150% tax deduction for R&D expenditure is hardly competitive.

3 in 10 Singapore firms did not disclose remuneration packages: study

The higher the remuneration, the less transparent the companies were in disclosing remuneration paid to top executives.

OCBC unveils $200,000 loans for small businesses

Businesses that have been operating for at least two years are eligible to apply.

MAS might tighten monetary policy: Credit Suisse

The appreciation path is likely to be very gradual at 0.5%.

DBS links payment apps to 7-Eleven stores

The apps were added to over 350 stores on 1 January 2018.