Financial Services
MAS fights price pressures with another policy tightening
The midpoint of the Singdollar policy band was re-centred up to its prevailing level.
MAS fights price pressures with another policy tightening
The midpoint of the Singdollar policy band was re-centred up to its prevailing level.
Singapore’s retirement income system is the best in Asia: report
It also ranks 9 out of 44 globally.
Singaporeans with a global mindset are more financially fit: HSBC survey
International-minded individuals include those who plan to send their children abroad.
Chart of the day: Physical, mental and financial wellbeing are interconnected: study
The study observed that when one aspect of wellbeing improves the othe improves as well.
Fintechs to play transformative role in cross-border payments: MAS
MAS said the current state of cross-border payments is unfit for the 21st century.
MAS official encourages improved scrutiny in making investment decisions
Investors can join a financial education programme.
MAS slaps former BSI official with 10-year prohibition order over role in 1MDB
The official contributed to the bank’s failure to file STRs regarding 1MDB-related transactions.
Chart of the day: Digital tech has the most positive impact on financial, personal health
It has the least positive impact on stress, career progression, and work satisfaction.
Digital tools may be the key to longer life
1 in 2 are confident they will be able to live to 100.
MAS launches $5m Asia Climate Solutions Design grant
It will fund studies on scalable blended finance solutions.
9 in 10 professionals say open finance has positively impacted the financial industry
They said it made the industry more collaborative.
Singlife with Aviva jacks up insurance savings crediting rates by 3% per annum
The increase in crediting rates is effective this October.
StanChart unveils first-of-its-kind affluent deposit account in Singapore
The new product is only available to its Priority Banking segment.
UOB launches green financing framework for carbon-intensive industries
The bank aims to help firms pivot their business towards a more climate-friendly model.
SGX launches FX electronic communication network
The prime brokers of the network are BNP Paribas and Deutsche Bank.
MAS expands private markets programme to develop SG’s private markets hub
The central bank will invest an additional $1.4b for the expansion.
Funding for SG-based WealthTechs jumps seven-fold in 5 years
Total WealthTech funding in 2021 reached US$161m.
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