Financial Services
DBS' net profit down 2% to $4.24b in 2016
Higher allowances offset stronger operating performance.
OCBC to ease loan repayment when prices settle above $60
Banking shares fell when OCBC released its earnings.
Daily Briefing: Singapore sees record number of visitors; Noble Group shares surge on news of key investor
And here are four things you may not know about credit card eligibility.
MAS assembles Data Analytics Group
It will be headed by a machine learning expert.
OCBC's full-year net profit down 11% to $3.4b
Due to increased allowances and lower insurance contributions.
MAS eases rules on finance firms to help SMEs
It reverses its policy of not allowing a foreign takeover.
Big banks' bad loan woes may get worse, analysts say
They could post a 44% surge in combined provisions.
Great Eastern's net profit slips 11% to $195.2m in Q4
Blame the lacklustre insurance business.
Robust ICT market to drive Singapore's fintech sector growth this year
Over the past two years, 210 fintech firms commenced operation in Singapore.
Singapore online health insurance gets a shot in the arm from a Facebook co-founder
B Capital and EDBI co-lead $25 million round.
Chart of the Day: Consumer loans remain lacklustre despite growth in car loans
Auto loans make up only around 3% of total consumer lending.
Innopac appointed Yang Kiin as director
He is in biomass industries since 2011.
Daily Briefing: Residential vacancy rate remains high; What you need to know about the India-Singapore tax treaty
And here are 3 genius money-saving shopping hacks all Singaporeans must try.
DBS to report a 3% loan growth in Q4
It would be driven by housing loans.
Crowdfunding: Protecting businesses and funders
The recent spate of negative corporate news in Singapore – bond defaults and manpower retrenchment – has led banks to become more cautious about...
Maybank unveils payroll processing software for SMEs
It is a tie-up with Asian Business Software Solutions.
Singapore banks' profits face threats from USD strengthening
Profits could decline by less than 2%.
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