Financial Services

Real-time payment trumps cash, credit in payment method in Singapore 

Real time payment methods such as PayNow, DBS PayLah, and OCBC Pay Anyone has risen in popularity.

Real-time payment trumps cash, credit in payment method in Singapore 

Real time payment methods such as PayNow, DBS PayLah, and OCBC Pay Anyone has risen in popularity.

Chart of the Day: 5 of SGX's tech stocks average 25% total return in H1 2021

The 20 most traded manufacturing stocks contributed 20% to the combined average daily turnover.

Singapore parents prioritise children's expenses over retirement: study

Parents spend almost 20% of their income on their children but less than 7% on their own retirement planning.

MAS extends support facility for SMEs

The extension is from 1 October 2021 to 31 March 2022.

Chart of the Day: SGX total share buyback for H1 2021 hits $368m

It was down from the 81 stocks buying back $663m in combined consideration in H1 2020.

Singapore Banks Reinventing Themselves in Light of Tech Invasion

Singapore has long been a mainstay of the financial world, offering political stability, geographic gateways, excellent legal framework and of course...

6 firms awarded in Deloitte’s inaugural Singapore’s Best Managed Companies

The accounting giant has run this award program in 37 countries.

Grab-Singtel, iFAST apply for Malaysian digital bank license

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

UK-SG forge new financial partnership

The two maritime nations have committed to strengthen regulatory cooperation and accelerate green finance.

Singapore’s OneHypernet teams up with R3 to build netting solution

Instead of searching through a chain of banking agents, the most efficient settlement routes are automatically generated.

Three out of five Singaporean financial professionals call for open banking 

97% of respondents also said open banking is important to their businesses.

Temasek’s Trustana launches partnership with OneConnect 

The collaboration aims to accelerate cross-border commerce between Singapore and China.

Chart of the Day: SG-based issuers' primary bond offerings raise $28.2b in H1 2021

Companies from the financial sector captured a 54.4% market share and raised $15.3b.

MAS, international agencies launch Global Challenge for CBDC solutions

Finalists will receive mentorship from industry experts, a chance to prototype their solutions, and a cash prize.

Chart of the Day: Singapore ECM issuance raise $3.2b so far this year

Follow-on offerings fell 21.1% from the comparative period in 2020.

Hugo: The yellow brick road and why the path is paved with gold

How Hugo’s holistic approach to Wealthcare leads to financial freedom.

Fave launches BNPL service in Singapore, Malaysia

FavePay Later offers interest-free flexible payments on the Fave app.