Financial Services

Olam secures $205.37m SOFR club loan

Proceeds will be used for Olam's general corporate purposes.

CICT launches 103.6 million new units for private placement

This is to raise gross proceeds of more than $200m.

Satya Ganesh of Standard Chartered clinches Executive of the Year award for Banking at Malaysia Management Excellence Awards 2021

The Bank changes how financial institutions leverage innovative technological solutions, automation, and digitisation to develop future proof...

IMAS, LIA launch revamped FundSingapore.com

The upgraded portal offers ​​profiling tools on risk and sustainability among others.

HDB, JTC, MPA to offer e-invoicing through IMDA’s InvoiceNow

Over two-thirds of government invoices are issued by these agencies.

IBF, MAS launch new skills maps for family office professionals

The new skills maps serve as a resource for training providers and financial institutions to design family office-related training.

Singapore clinches 8th spot in top 10 countries for forex trading

The list is from Investigoal, which gave Singapore a score of 8. 

SG ranks 14th for countries with NFT ownership

Only two in five Singaporean internet users are aware of NFTs.

2 in 5 Singaporeans are putting more money in investments: survey

About 51% of those who are investing are buying more stocks and bonds.

DBS, OCBC, UOB average 47% net profit growth in 9MFY21

The 3 banks make up 20% of the total market capitalisation of SGX-listed stocks.

Singapore partners with Mastercard to boost tourism

SG and Mastercard will work together for a marketing campaign.

1 in 2 Singaporeans plan to retire below the official retirement age: SingSaver

The survey also revealed 63% started to build their wealth before the age of 30.

Cuscaden Scheme acquires MAS, IMDA regulatory nod

This moves the consortium closer to the takeover of SPH.

MAS appoints two new members for board of directors

They are Alvin Tan Sheng Hui and Ng Wai King.

Why Temasek continues to invest in China amidst risks

Temasek revealed how it addresses two specific risks they see in China.