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Tag: banking

Posted on 10/06/2026

HSBC, Mastercard complete AI-agent B2B payments pilot in Singapore

The pilot linked a corporate buyer, a procurement platform, and a supplier as HSBC expands its B2B payments capabilities for digital commerce.

Posted on 10/06/2026

Singapore, Tanzania deepen economic ties in push for trade and investment growth

Dar es Salaam. Singapore and Tanzania have pledged to deepen economic cooperation, with leaders and business executives from both countries identifying trade, investment, logistics, tourism and the ...

Posted on 10/06/2026

CGSI upgrades Singapore banking sector to ‘overweight’ on net interest income upside

[SINGAPORE] CGS International (CGSI) has upgraded its outlook on the Singapore banking sector from “neutral” to “overweight”, amid robust capital inflows and continued loan growth.

Posted on 10/06/2026

Singapore finance employers to cut jobs in Q3 2026

ManpowerGroup linked weaker plans to consolidation and optimisation. Singapore’s finance and insurance sector is expected to cut headcount in the third quarter of 2026. The sector recorded a Net ...

Posted on 09/06/2026

Tanzania targets expanded investment, trade ties as Singapore’s president visits

Dar es Salaam. Tanzania and Singapore have taken steps to deepen trade and investment ties as Singaporean President Tharman Shanmugaratnam began a three-day state visit aimed at unlocking fresh ...

Posted on 09/06/2026

Tanzania economy gains momentum as reforms attract investors, strengthen Singapore ties

Tanzania’s economy is gaining robust momentum, driven by bold government reforms, a steadily improving investment climate, and increasingly business-friendly friendly policies that are strengthening ...

Posted on 09/06/2026

Singapore FDI in Tanzania hits US$535M from 36 projects

Singapore’s investment in Tanzania has surged to US$535.13 million, spread across 36 projects, creating 3,228 jobs for Tanzanians across key sectors of the economy. The figure comes as Singapore ...

Posted on 09/06/2026

HSBC Pilots B2B Agentic Payments in Singapore with Mastercard

HSBC has tested agentic payments in Singapore with Mastercard, linking a corporate buyer, SourceSage and FortyTwo in a B2B pilot.

Posted on 09/06/2026

OCBC expands physical gold trading as bullion demand surges

OCBC is expanding its precious metals franchise with the launch of a physical gold trading and custody service, allowing institutional clients and customers of its private banking arm Bank of ...

Posted on 09/06/2026

Bombardier to Invest $78 Million Expanding Singapore Service Hub

Bombardier Inc. will invest around S$100 million ($78 million) to expand its Singapore maintenance and service hub to support an anticipated increase in the number of next-generation business jets.

Posted on 09/06/2026

Blackstone-backed data-center operator taps investors ahead of over $1.0 billion Singapore IPO

AirTrunk, founded by Australian billionaire Robin Khuda, is aiming to line up cornerstone investors ahead of the planned launch of its real-estate investment trust IPO in August.

Posted on 09/06/2026

Singapore’s second largest bank offers physical gold bar trading

OCBC Bank will begin offering wealthy investors the option to buy and store physical gold bars, as demand for holding bullion in Singapore rises amid persistent geopolitical tensions and economic ...

Posted on 09/06/2026

Singapore banks upgraded to ‘overweight’ on stronger NII growth in FY2027: CGSI

Tay Wee Kuang and Tan Jie Hui have upgraded the Singapore banking sector to “overweight” from “neutral” previously as they see earnings upside from potentially stronger net interest income (NII) in ...

Posted on 09/06/2026

Citi and Porsche Unveil Exclusive Partnership for High-Net-Worth Clients in Singapore

An Extended Accompanied Test Drive: This curated experience begins with a light breakfast at Porsche Studio Singapore, featuring treats from Café Carrera. Following this, clients will embark on a ...

Posted on 09/06/2026

Singapore Stock Market: STI Falls 0.35% to 4,965 as Iran Missiles and Asian Rout Test One of 2026’s Best Performers

Singapore's Straits Times Index (STI) declined 0.35% to approximately 4,965 on Monday, June 8, 2026, as the city-state's equity benchmark navigated the same storm of Iranian missiles, South Korean ...

Posted on 08/06/2026

OCBC to offer physical gold trading and storage to wealthy clients, institutions in Singapore

Before OCBC’s entry into physical gold, UOB was the only local bank that offered physical gold and silver trading for investors. In March, the Monetary Authority of Singapore and the Singapore Bullion ...

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