Singapore

Bank of Singapore names Credit Suisse banker as new global COO

Jacky Ang is also Credit Suisse’s SG branch manager and head of wealth management.

Bank of Singapore names Credit Suisse banker as new global COO

Jacky Ang is also Credit Suisse’s SG branch manager and head of wealth management.

DBS unveils metaverse game tackling global food waste

Singapore players will be treated to extra rewards, redeemable through DBS PayLah!

Gojek launch point rewards program with yuu, DBS

Users can earn up to 37 points for every $1 spent on Gojek rides.

Maybank Singapore wins ABF Corporate and Investment Banking Awards for Global Banking and largest-ever SLL amongst Singapore REITs in 2022

The bank continues to develop innovative financing solutions to fund new projects and ventures in sustainability solutions.

MAS in process of tracing funds, assets related to $1b money laundering case

MAS says it has been in touch with FIs where the potentially tainted funds.

Payoneer SG obtains MPI licence, broadens services horizon

The licence will enable them to service more SMEs in the country.

Central bank reveals new regulatory framework for stablecoins

It seeks to ensure a high degree of value stability for regulated stablecoins.

Nine in 10 affluent SG investors are wealthier than a year ago: study

One in 2 believe that now is the prime time for long-term wealth creation.

Hong Leong Asia net profits down 27% to S$30.8m in H1

Weaker RMB to SGD exchange rates weighed on revenue.

OCBC offers digital invoice financing to SMEs

Over 55,000 SMEs are registered in InvoiceNow.

Big banks, investors fund Endowus digital wealth leadership in Asia

It was able to raise $35m from global banks, existing investors, and four Asian billionaire families.

MAS pledges S$150m to aid the financial sector

The scheme aims to back projects and maximise the use of technologies.

Chart of the week: alternative payments used in 1 in 3 online shopping transactions

Singapore’s e-commerce market is forecast to grow by 15% this year.

OCBC prices S$550m perpetual capital securities at 4.5%

OCBC served as the sole lead manager and bookrunner for this issue. 

Hong Leong Finance SG profits up 3.2% to S$46.57m in H1

An interim dividend of 3.5 cents per share has been announced.