Singapore’s three major banks are expected to continue to deliver double-digit profit growth in 2023, as they are among the top beneficiaries in Asia-Pacific of higher interest rates, said Fitch ...
Singapore’s UOB to stop financing oil and gas projects
Singapore’s UOB will provide no new project financing for upstream oil and gas projects approved for development after 2022, following in the footsteps of an increasing number of European lenders. UOB ...
Singapore Retail Sales Growth Eases In September
Singapore's retail sales growth eased further in September, data from the Department of Statistics showed on Friday. Retail sales ...
Singapore Fintech Festival 2022: MAS MD Menon equates fintech transformation to Wu Xing
Day two of Singapore Fintech Festival kicked off with Ravi Menon, managing director of the Monetary Authority of Singapore on the global plenary stage highlighting that innovation and digitalisation ...
HashKey Capital Singapore Secures In-Principle Approval for the Capital Markets Services License from the Monetary Authority of Singapore
HashKey Capital Singapore, part of HashKey Capital, prides itself as a company which takes the next step in bringing digital assets closer to mainstream institutional adoption. " Singapore is quickly ...
Singapore Approves In-Principle License for Crypto Fund Manager Hashkey
Singapore's central bank has approved an in-principle license for a local unit of Hong Kong virtual asset manager Hashkey Group, the company said Friday. Once granted, the license will allow the ...
DBS shifts focus on retail, MSME loans
Singapore-headquartered multi-national bank DBS plans to diversify its lending portfolio in the country into gold loans, consumer finance and MSME loans, from its strong suit of corporate lending.
U.S. crude oil exports to Asia poised to hit record high
An oil tanker waits in line in the ocean outside the Port of Long Beach-Port of Los Angeles complex, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles HOUSTON/SINGAPORE (Reuters ...
Billionaire Ng Family’s Far East, Sekisui Submit Top Bid Of $226 Million For Singapore Condo Site
Far East and Sekisui plan to build two 27-story blocks of 330 units on the 10,395-square-meter site in the prime Bukit Timah residential encalve.
Business at Mediacorp actor Yao Wenlong’s JB eatery back to 80% of pre-Covid levels
Mediacorp actor Yao Wenlong, who owns pao fan speciality restaurant Sun Gourmet Kitchen (新煌亭), first opened the eatery in late 2019, months before the Covid-19 pandemic. Prior to the pandemic, the ...
Singapore launches expanded initiative for cross-border usage of digital currency
The Monetary Authority of Singapore has launched an expanded collaboration with international partners on cross-border foreign exchange settlement using wholesa ...
Singapore’s fintech boss says stablecoins might win before CBDCs even get started
While central bank digital currencies (CBDCs) are often advanced as a way to improve the world's creaking cross-border payments infrastructure, some financial experts believe the government-issued ...
OCBC profit jumps 31%, rounding up record quarter for Singapore banks
But analysts say growth could be derailed by a big increase in U.S. interest rates — already at multi-year highs — as central banks try and tackle runaway inflation.
Hong Kong’s bid to join RCEP will tie its economic future to Singapore, rest of Asean
Southeast Asia is Hong Kong’s most potent economic hinterland outside the Chinese mainland, and there is no reason for countries in the region to view the city as a “zero-sum competitor”.That was the ...
Airport development and operation, Singapore style
Singapore is renowned for its airport development the world over. Andrew Tan, director and head of Airport Operations at Changi Airports International, talked to VIR’s Bich Thuy about the successful ...
Share Market LIVE: Nifty, Sensex may open in red amid weak global cues; Fusion Micro Finance IPO last day
The initial public offering of Fusion Micro Finance will conclude today. The IPO has witnessed muted response from investors so far as the offer has garnered bids for 61.46 lakh shares against IPO ...