"MAS’ proposals are not in response to the stresses faced by some banks abroad earlier in the year. The key to ensuring a safe and resilient banking system is through pre-emptive safeguards, meaning ...
Jewel Changi Airport and UOB partner to incentivise tourist spend
Jewel Changi Airport (Jewel) and UOB (United Overseas Bank) have partnered to drive value, incentivise and grow spend among inbound tourists, especially from ASEAN, and local residents at Jewel.
Brokers’ Take: DBS downgrades HRnetGroup to ‘hold’ as labour market softens
DBS Group Research on Wednesday (Jun 28) downgraded HRnetGroup to “hold” from “buy” as it expects softness in the Singapore and China’s economies to hit the labour markets. Read more at The Business ...
DBS downgrades HRnetGroup, sharing similar concerns as CGS-CIMB’s earlier call
Andy Sim of DBS Group Research has downgraded his call on HRnetGroup from "buy" to "hold", citing concerns that a slowing economy will dampen the recruitment firm's business in its key markets of ...
Creador acquires 40% stake in the IPO-hopeful M’sian company behind ProDiet & ProBalance
The news comes months after Reuters reported on Pet World’s plans of an IPO in Singapore to raise S$100 million as early as the end of this year. Other than Pet World, Creador-backed Eco-Shop also ...
Singapore seeks views on financing standards for early phase-out of coal in Asia
SINGAPORE - The Republic is seeking public views on standards for financing a speedy but less disruptive phase-out of coal-fired power plants in Asia. The public consultation launched on Wednesday by ...
Standard Chartered Bank appoints Singapore-based global sustainability strategy chief
Former Credit Suisse sustainable finance executive Dana Barsky joins Standard Chartered Bank as its global head of sustainability strategy and net zero with a mandate to embed the bank's new emissions ...
Why are Singapore consumers still spending despite rising inflation and higher costs of living?
A key factor is that people have jobs and are confident that they can pay off mortgages and credit card bills. Read more at straitstimes.com.
How AI is Reshaping Banking in 2023
Artificial Intelligence is reshaping global finance by improving customer experience, operational efficiency, and more.
Singapore shares open higher on Wednesday; STI up 0.5%
SINGAPORE shares started trading in positive territory on Wednesday (Jun 28), tracking gains in the US and Europe markets. Read more at The Business Times.
GuocoLand secures $974 mil green facility to refinance Guoco Tower, launches green finance framework
This is GuocoLand’s largest green facility to date. GuocoLand has secured more than $2.4 billion of green financing to date.
4 Attractive Singapore Blue-Chip Stocks That Can Grow Your Investment Portfolio
If you are a seeker of stability combined with growth, then you may be interested in these four Singapore blue-chip names. The post 4 Attractive Singapore Blue-Chip Stocks That Can Grow Your ...
Schroders joins Singapore digital asset initiative, works on tokenised investment vehicle
Schroders says its tokenised vehicle will explore asset ownership linked to blockchain technology that could improve personalisation of investment products and make investment all ...
Singapore Moves Forward on Tokenized Assets: MAS Reveals Framework for Digital Assets
The Monetary Authority of Singapore (MAS) published a report proposing a framework for designing open, interoperable networks for digital assets.
Schroders explores digital asset fund in Singapore
Global asset manager Schroders has teamed up with the Monetary Authority of Singapore (MAS) to develop a tokenised digital asset fund.
Singapore Releases New AI Toolkit to Encourage Fair and Ethical Use in Finance
The Veritas Toolkit 2.0 was mainly developed by Accenture and Bank of China, while other banks participated in pilot testing.