Financial Services

Are CLOs a good alternative investment for Singapore Family Offices?

In recent years, we have seen an influx of Asian money into countries like Singapore and Hong Kong. According to the recent World’s Billionaire’s list...

Are CLOs a good alternative investment for Singapore Family Offices?

In recent years, we have seen an influx of Asian money into countries like Singapore and Hong Kong. According to the recent World’s Billionaire’s list...

Singapore to repatriate $35m of 1MDB funds to Malaysia

The money was surrendered by former Goldman Sachs banker Roger Ng.

Singapore may soon allow virtual banks: DBS CEO

Gupta, however, believed that they may not pose a significant threat.

How ING Singapore is leading 600-strong staff against disruption

Its wholesale banking unit is ditching the pyramid structure in favour of self-steering teams.

DBS enhances customer service touchpoints

It retrained over 500 employees and opened new roles including video biometrics specialists and live chat agents.

Great Eastern Holdings' profits soar 124% to $342.7m in Q1

Gross premiums rose 6% thanks mySalam Scheme contributions.

Banks turn to corporates for loan boost as mortgages weaken

Housing loan limits granted in Q1 fell to its lowest since Q4 2015 around $7.3b.

UOB profit up 8% to $1.05b in Q1

The earning boost came from strong income figures which hit $2.41b.

MAS complete cross-border payments in blockchain with Canada central bank

Project Ubin was linked to Canada's experimental domestic payment network, Project Jasper.

Jungle Ventures raises US$175m in first close of third fund

One of its investors is reportedly Temasek Holdings.

Singapore splurges $2.8b on FX fees yearly: report

The average consumer spends 15 times as much as companies in FX fees per dollar remitted.

Daily Briefing: Temasek Holdings aims to grow US footprint; Space-tech startup SpeQtral raises US$1.9m in seed funding

And here are the jobs at Standard Chartered that are safest from its aggressive restructuring.

Singapore bank loans shrink to 2.9% in Q1

Consumer loan growth slowed to just 0.3% in March.

Budget 2019: SMEs' First Step in a Journey of a Thousand Miles

We are living in Industrial Revolution 4.0 where data have emerged as the new ‘growth fuel’, powering everything from productivity and profits to...

NETS inks deal with Myanmar Payment Union

The parties will co-develop a QR payment platform in Myanmar.

Singapore's appetite for foreign hires is diminishing in 2019

Jobseekers are urged to upskill as HR departments become pressured to employ local staff.