Financial Services
DBS launches global hackathon
Top teams will compete for a total prize purse of US$100,000.
DBS launches global hackathon
Top teams will compete for a total prize purse of US$100,000.
MAS re-appoints three officials to board
Ravi Menon will be a board member and MAS managing director for two years.
Daily Briefing: Insurtech startup Singapore Life bags US$7.3m; NTU unveils $40m waste-to-energy research facility
And online marketplace for workspaces GorillaSpace secures undisclosed funding.
Chart of the Day: Singapore's life insurance take-up still far ahead of Malaysia
Penetration rate in the Lion City is around 250% compared to around 40% in Malaysia.
Banks brace for higher risk weighted assets
RWAs could increase by 25% by 2022 and 80% by 2027.
Ascendas-Singbridge, IMDA and ESG unveil co-innovation lab
It will support at least 30 projects within the next three years.
Daily Briefing: Singapore intensifies efforts to enhance startup ecosystem; Mobile payments firm Fave completes two strategic acquistions
And healthcare provider Alliance Healthcare Group (AHG) Limited seeks $4.5m in its IPO.
Chart of the Day: Banks' fixed deposit rates to maintain sustained easing
FD rates have already started tapering off in April.
SMU ties up with Citi Ventures to offer experiential learning in fintech
The 15-week programme at SMU will launch in January 2020.
Liquid Group partners with JETCO to offer Singapore-Hong Kong cross-border QR payments
Eligible customers can pay for purchases using QR payment apps.
MAS and ABS set up banking conduct committee
It will serve as a platform for banks to self-asses and update industry codes of conduct.
PDPC unveils initiatives to amp up organisation accountability
It has launched its data portability public consultation as well as an updated guide to managing data breaches.
Daily Briefing: Tengah's first batch of Garden District flats to launch in May; Check out how much HSBC's bankers earn
And here’s how marketing firm Shopback plans to contend against Facebook and Google.
Citibank appoints Brendan Carney as Singapore CEO
He was previously the consumer business manager (CBM) for South Korea.
Banks stand strong against bad loan wave in Q1
The formation of new bad loans in Q1 was the lowest in five years.
Singapore bank NIMs up 3bps in Q1
UOB was the only weak link as margins shrunk 5bps.
Asset-based finance platform HPD Lendscape opens Singapore office
This marks its first Southeast Asian foothold.