Financial Services
MAS enforces new credit cap
Financial institutions can refuse individuals with debts amounting to six times their monthly income.
MAS enforces new credit cap
Financial institutions can refuse individuals with debts amounting to six times their monthly income.
Three in four Singaporeans unaware of hidden costs in money transfers
Banks charge $30-40 for both upfront fees and exchange rate markup for an overseas transfer of $1,000.
Accelerators to look out for in Singapore
Find out which accelerator offers $120,000 in cash for promising start ups.
Chart of the Day: Firms in the financial sector raised US$17.3b from bonds
It took up 57.9% of the total bond proceeds issued by Singapore borrowers.
Asia Pacific M&A deals may peak at US$750b in 2019
The revival in Chinese investment is set to boost regional deal activity.
Strong economic momentum, ageing population boost APAC insurance outlook
The adoption of technology is streamlining the delivery of insurance products.
Everything you need to know about Singapore and Bahrain's fintech relationship
Bahrain EDB’s Khalid Saad teases developments on the Singapore Fintech Consortium and other projects.
Unpaid credit card balances dropped to 2.6%
MAS said Singapore's debt situation has improved.
Singapore banks can save over 10% from fintech
Moreover, about 41% of banked balance has now abandoned traditional channels.
Goh Zee Wei steps down as CIMB S&P Asia Pacific Dividend's CEO
He is to pursue other career opportunities.
Frasers Centrepoint appoints Loo Choo Leong as CFO
He previously served as CFO at Pacific Radiance Limited from July 2010 to March 2017.
ABS and SFEMC propose to terminate 12-month SIBOR
They also want to change SIBOR computation based on market transactions and expert judgment.
Small businesses waste five weeks a year chasing arrears
90% of them have clients that fail to pay on time.
Singapore to improve price computations of SGS and MAS bills
It wants to guide primary dealers in determining the end-of-day prices.
Insurers flock to emerging Asia for M&As
They’re looking to tap into countries like Vietnam and Indonesia.
Singapore banks' average net profit growth hit 6% in the first nine months of 2017
Guess which bank had the highest income for the period.
Daily Briefing: Choosing between HDB and bank loans; UOB launches internal digital skills training
And here are some reasons why most employees quit.
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