Singapore
3 in 5 Singaporeans open to digital-only banks
More than half are willing to jump to new players with no prior banking experience.
3 in 5 Singaporeans open to digital-only banks
More than half are willing to jump to new players with no prior banking experience.
MAS asks financial firms to ensure COVID-19 distancing measures
Online platforms and employee distancing should be implemented.
MAS may reduce S$NEER policy band to neutral: analyst
Re-centering the band remains unlikely for now.
Credit searches by local firms down 24.06% in 2019
This is the first contraction seen following seven consecutive years of growth.
DBS Group names two independent board directors
CapitaLand’s Anthony Lim and pharma director Punita Lal will join DBS on 1 April.
Elite Partners Capital unit bags first close to enter UK's logistics scene
This follows after the listing of Elite Commercial REIT.
SPH unit scraps purchase of six Canada senior housing assets
They decided to terminate the agreement amidst the pandemic.
Temasek's top holdings plunged $34.24b in three months: report
Singtel is the biggest source of the decline as Temasek’s stake in it slumped $10.78b.
Share buybacks soared to 55-month high in March
The total consideration for the quarter nearly reached the full $544m figure in 2019.
Daily Markets Briefing: STI down 7.35%
UOB saw the sharpest decline amongst top active stocks with a 7.33% contraction.
Chart of the Day: Clothing and footwear spending to expand 4.9% by 2024
Each Singaporean is expected to spend $928 yearly on apparel in 2020.
Why companies should prioritise compliance during a worldwide pandemic?
Financial institutions around the world are facing greater operational and compliance risks with the emergence of the recent pandemic, Covid-19. Financial authorities and organisations everywhere are acknowledging these difficulties with the US Securities and Exchange Commission offering relief and guidance to registered funds and their investment advisers. In the EU, financial authorities have provided initial guidance to ensure continuity of business under financial stress.
Inflation down 0.1% in February
Falling costs of airfares and holiday expenses dropped.
OUE CREIT launches $2b multicurrency debt issuance programme
Proceeds may be used partly for refinancing the trust’s borrowings.
DBS provides $178.09m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
No order cancellations for AEM Holdings despite Malaysia MCO: analyst
It may be able to catch up on production in Q2-Q4.
Investment banking fee revenue down 58.7% to $134m in Q1
Advisory fees for M&A deals plunged 80.4% YoY to $16.04m.