Financial Services
More assets seized from foreigners allegedly linked to money laundering scheme
The total amount of seized assets increased to $2.4b.
More assets seized from foreigners allegedly linked to money laundering scheme
The total amount of seized assets increased to $2.4b.
Major retail banks in SG boost anti-malware security measures
In 1H23, scam victims have reported a loss of $334.5m.
DPT service providers face higher costs under MAS’ investor protection measures
MAS has required all providers to hold customers’ money and assets in a trust.
PM Lee Hsien Loong yearns for G20 nations to improve WTO, MDBs
Updating will keep up with the digital transformation and modern economy.
Robocash Group enters new phase as ‘UnaFinancial’
It plans to expand its services in the financial sector.
What can weigh down Singapore's financial market?
Economists cited three factors.
MAS slaps former Goldman Sachs managing director with lifetime prohibition orders
Roger Ng was involved in the 1MDB financial scandal.
The majority of Singaporean youth believe that financial advice-seeking is beneficial
The study reveals that family comes in third most reliable source of financial advice.
Around 4 in 5 wealthy Singaporeans attribute better decisions to financial advisers
The younger generation is more keen to consult financial advisers early.
SG, India kickstart cross-border trade financing
The countries had their first live transaction using the TradeTrust Framework.
Atome rises as the most popular BNPL option in SG
In Asia, the platform ranked second most popular behind Klarna.
Singapore fund flows healthy in Q2, but gains to slow in rest of 2023: analyst
Economic growth will slow in H2, which may limit the rate of market gains.
ASTI coins new management team
The company replaced the existing directors with five new appointees.
Collection of LKY100 coins to begin in September
The central bank minted 4 million coins.
Higher prices in commodities cause Singapore’s young adult population to worry: Survey
More than a quarter of Singaporean young adults worry about insufficient savings for emergencies and financial goals.
Dasin Retail Trust announces ‘events of default’ under $106.61m offshore facility
All commitments under the facility will be immediately cancelled.
UOB Kay Hian profit up 32.7% to $69.6m in H1
Its revenue was up 22.4$ to $287.8m.
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