Singapore has unveiled a new scheme to help buffer expenses ... As part of the launch, BNP Paribas, OCBC Bank, and UOB were amongst the banks that have introduced green and sustainability-linked loan ... ( read original story ...)
Singapore Stock Market May Crack 2,900-Point Barrier
Among the actives, Singapore Airlines skyrocketed 8.35 percent, while SATS surged 7.35 percent, Comfort DelGro soared 7.77 percent, SembCorp Industries spiked 4.62 percent, DBS Group accelerated 2 ... ( read original story ...)
Singapore Pushes Digital Banks in Face of Fintech Crackdowns
Nov.24 -- The head of Singapore's financial regulator says tightening scrutiny hitting Chinese fintech applicants such as Ant Group or Bytedance will not have an impact on its plans for digital ... ( read original story ...)
Singapore Pushes Digital Banks in Face of China, U.S. Crackdowns
Singapore’s financial regulator will stick with its plans ... I think that’s the right thing to do, and it creates a level playing field.” Read why DBS welcomes China’s fintech clampdown Asked whether ... ( read original story ...)
China to strengthen financial connectivity with Singapore
China is involved in strengthening cooperation with Singapore to promote greater financial connectivity, according to officials. The statement was mad..|News Track ... ( read original story ...)
Singapore: Inflation expected to turn positive in 2021 – UOB
UOB Group’s Economist Barnabas Gan assessed the latest inflation figures in the Singaporean economy. Key Quotes “Singapore’s consumer prices fell for its eight straight mont ... ( read original story ...)
Grab’s future IPO plans not affected by COVID, president says
SINGAPORE -- Singapore's Grab has not changed its thinking regarding a future IPO because of COVID-19, according to its president, whose remarks are the latest indication that Southeast Asia's ... ( read original story ...)
China to boost financial cooperation with Singapore: officials
China will strengthen cooperation with Singapore to promote greater financial connectivity, according to officials ... ( read original story ...)
OCBC develops sustainable finance framework
OCBC Bank has developed a framework – the OCBC SME Sustainable Finance Framework – that makes it simpler and less costly for Singapore small and medium enterprises (SMEs) to access sustainable ... ( read original story ...)
Monetary Authority of Singapore launches world’s first grant scheme for ‘green’ loans
Companies of all sizes will get more support in securing green and sustainability-linked loans, with a new grant scheme launched by the Monetary Authority of Singapore (MAS) on Tuesday (Nov 24). ( read original story ...)
Singapore: 2020 GDP seen contracting 6.0% – UOB
Economist at UOB Group Barnabas Gan reviewed the latest GDP results in Singapore. Key Quotes “Singapore’s 3Q20 GDP improved from the previous advanced estimates by MTI, accord ... ( read original story ...)
UOB launches its Smart City Sustainable Finance Framework, the first by a bank in Asia to help more companies advance responsibly
UOB today launched the UOB Smart City Sustainable Finance Framework (UOBSCSFF), the first dedicated financing framework by a bank in Asia to make sustainable financing more accessible to companies ... ( read original story ...)
The curious case of Lakshmi Vilas Bank’s merger with DBS
The RBI has displayed hitherto never-displayed alacrity in merging Lakshmi Vilas Bank with Singapore’s DBS, sidestepping a credible deal on the table ... ( read original story ...)
Singaporeans’ financial well-being under stress from Covid-19, OCBC survey finds
Many are now struggling to keep up with housing loan payments and maintaining their usual level of passive income.. Read more at straitstimes.com. ( read original story ...)
Singapore consumers express concern over ‘complicated’ tourist voucher redemption process
The SingapoRediscovers Vouchers can be redeemed online through five authorised booking partners.. Read more at straitstimes.com. ( read original story ...)
UOB to issue first Singapore covered bond in two years
United Overseas Bank has mandated leads for the first euro covered bond benchmark from a Singapore lender since September 2018. The deal takes advantage of the Monetary Authority of Singapore’s (MAS) ... ( read original story ...)