Crypto.com has officially expanded its services to all European Economic Area (EEA) member states after receiving a MiCA license.
DBS announces new role of chief operating officer to be helmed by Derrick Goh
DBS also announced on Wednesday that group head of operations Jimmy Ng will retire from executive duties on Jul 1. “A strong champion of the bank’s innovation efforts over the past 15 years, he will be appointed senior advisor for the bank’s artificial intelligence efforts until Dec 31,” it said.
New payments entity, automated verification tool to boost Singapore’s status as finance hub
The new entity will consolidate the administration and governance of payment schemes such as PayNow. Read more at straitstimes.com.
Maid in Singapore who repeatedly pinched autistic toddler under her care gets 23 days’ jail
SINGAPORE: A domestic helper repeatedly pinched a three-year-old non-verbal autistic girl under her care while trying to coax the child to sleep, causing bruises to her left thigh.
Riding the C-wave: Chinese films make headway in Singapore, but challenges remain
Blockbuster sequels top the local box office, but indie films still fight for recognition. Read more at straitstimes.com.
Singapore to consolidate administration of payment systems under one roof
The Monetary Authority of Singapore and the Association of Banks in Singapore will set up a new entity to consolidate the administration and governance of Singapore’s various national payment schemes.
OCBC issued sustainability-linked loans to 110 SMEs in 2024, more than four times y-o-y
OCBC supported close to 4,000 SMEs across the region with total sustainable financing commitments of over $9 billion, increasing over 40% y-o-y.
SME sustainable financing loan book up more than 40% to exceed S$9 billion in 2024: OCBC
OCBC’S total sustainable financing for small and medium-sized enterprises (SMEs) grew by more than 40 per cent year on year, surpassing S$9 billion in 2024, up from more than S$7 billion in 2023. Read ...
300 SMEs to get help in new OCBC programme to drive climate action
The OCBC SME Start-ESG Programme will help firms get a baseline measurement of their sustainability metrics. Read more at straitstimes.com.
Singapore-listed firm to raise US$100mln after agreements to set up a casino and bank in Timor-Leste
Asia-Pacific Strategic Investments Ltd, a company listed on an alternative board of the Singapore Exchange, says it has signed two cooperation agreements with Timor-Leste government officials, to ...
Amazon Web Services opens new Asia-Pacific headquarters in Singapore, hiring for more than 100 roles
AMAZON opened a new Asia-Pacific headquarters for its cloud computing unit Amazon Web Services (AWS) in Singapore on Wednesday (Feb 12), with plans to hire more than 100 local employees for cloud and ...
Analysis-Is China’s state-funded stock revival plan pie in the sky?
As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery. Beijing has ...
Trade war turmoil hits emerging markets hard, but Singapore defies the storm
In addition to falling stock prices, regional currencies like the Malaysian ringgit, Indonesian rupiah, and Taiwan dollar all weakened against the U.S. dollar. The Malaysian ringgit saw a notable drop ...
Singapore regulator, banking association to set up new payments entity
Singapore's financial regulator and the Association of Banks in Singapore (ABS) said on Wednesday they will set up a new entity to consolidate the administration and governance of national payment ...
RSAF plane carrying 7th tranche of humanitarian aid for Gaza leaves Singapore
SINGAPORE: A Republic of Singapore Air Force (RSAF) plane delivering about nine tonnes of supplies bound for Gaza left Singapore for Jordan on Wednesday (Feb 12), the seventh such tranche of humanitar ...
Singapore delivers 9 tonnes of humanitarian aid to Gaza
SINGAPORE - A Republic of Singapore Air Force (RSAF) aircraft departed for Jordan on Feb 12 to deliver some nine tonnes of humanitarian aid to Gaza. The RSAF Airbus A330 Multi-Role Tanker Transport ...