UOB, Singapore's third-largest bank by assets, projected mid single-digit loan growth and double-digit fee growth for its 2024 outlook.
Singapore-based multi-currency app YouTrip raises another US$50 million in funding
YouTrip CEO Caecilia Chu says the company turned profitable in April and now processes US$10 billion in payments a year.
Hobbled Crypto Exchange’s Creditors Are Suing Its CEO and Want to Claw Back Money From ‘Bitcoin Jesus’
CoinFLEX CEO Mark Lamb breached his fiduciary duty when he created a new company, OPNX, with the founders of failed crypto hedge fund Three Arrows Capital, creditors argue. They are also critical of a ...
Singapore-based fintech YouTrip picks up $50M led by Lightspeed
YouTrip, a Singapore-based fintech that offers multi-currency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a ...
Singapore’s 2023 total investment sales to fall short of S$25b forecast
Total investment sales value in Singapore is projected to drop from the forecasted S$24 billion - S$25 billion to S$19 billion - S$21billion, according to a Savills report. This is due to the ...
How to legally reduce your income tax in Singapore (2023 edition)
Yes, it is possible for many middle-income earners to legally get away with paying zero taxes…that is, if you know how to be smart about it. I was recently interviewed by Channel News Asia to share my ...
Singapore proposes shared responsibility framework for finish scams
Both financial institutions and telcos are held accountable for mitigating scams. The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) have jointly published a ...
SLNG to develop and operate a second LNG terminal in Singapore
The terminal will have a gas supply capacity of up to 5 million tonnes per annum. Singapore LNG Corporation will develop and operate a second Liquefied Natural Gas (LNG) terminal in Singapore, Finance ...
Banking the wealthy: Asia is where the action is
And Asia is where he sees the bank can make the difference “We're on the cusp of Hong Kong and Singapore both being larger than Switzerland in terms of being global wealth centres,” declares Andy Sieg ...
Local businesses honoured at Singapore Prestige Brand Award
TWENTY-NINE local businesses ranging from heritage names to regional players were recognised at the 21st Singapore Prestige Brand Award (SPBA) ceremony on Wednesday (Oct 25) evening. Read more at The ...
Thousands flock to Singapore’s ‘turtle island’ for Chinese temple’s 100th year
Tens of thousands of Taoist, Buddhist and Confucian devotees are making a pilgrimage to Da Bo Gong Temple on Singapore’s tiny Kuiu Island.
Differences in Singapore’s society must be watched carefully, handled properly: PM Lee | Video
Singapore Prime Minister Lee Hsien Loong says inherent fault lines in Singapore's diverse society must be watched carefully and handled properly, even as the country recognises and accepts its differences.
China’s Big Policy Moves Draw Cautious Investors Back to Beat-Down Stock Market
China's benchmark CSI300 Index staged a moderate rebound from 4-1/2-year lows this week, after state fund Central Huijin Investment started buying exchange-traded funds (ETFs) on Monday, adding ...
KrisFlyer UOB Credit Card—MoneySmart Review
KrisFlyer miles chasers, the KrisFlyer UOB Credit Card might be the easiest, most fuss-free miles card for you. This card lets you earn KrisFlyer miles directly with no conversion fee (unlike miles ...
MAS orders DBS and Citibank to investigate lengthy outage
The Monetary Authority of Singapore has ordered DBS and Citibank to investigate why it took so long to get their systems back up after an outage earlier this month that disrupted online and payment ...
Singapore mulls making banks, telcos share responsibility for scam losses
The Monetary Authority of Singapore (MAS) is mulling a proposed Shared Responsibility Framework (SRF) that could see financial institutions and telecommunications companies (telcos) share ...