Singapore women are more financially secure than their mothers’ generation, but traditional family responsibilities prevent them from achieving financial stability, according to Sun Life Asia’s latest ...
Wee Cho Yaw’s heirs get access to his US$10 billion estate in UOB, UOL stakes
The estate of Wee Cho Yaw, the late patriarch of UOB, has transferred control of the remaining shares that it held to his heirs, concluding one of Singapore’s biggest wealth transfers in decades. Read ...
Singapore clarifies rules for real estate agents in anti-money laundering Bill
SINGAPORE has introduced a Bill to set out requirements for the real estate industry to act on suspected money laundering activities. Read more at The Business Times.
S Pass qualifying salary to increase: S$3,300 from September 1, S$3,800 for those in financial services
Singapore’s minimum qualifying salary for S Pass applicants will be S$3,300, up from the previous S$3,150, marking the third ...
Top 6 Fintech Events in Singapore in 2025
Explore the top fintech events in Singapore 2025, from SFF to blockchain summits to stay ahead with key conferences.
Matrixport Subsidiary Fly Wing Obtains Major Payment Institution License from MAS in Singapore
Fly Wing Technologies Pte Ltd, a wholly owned subsidiary of Matrixport, granted the Major Payment Institution (MPI) License by MAS.
DBS’s capital return plan ‘outclasses’ rivals UOB, OCBC in balancing returns, sustainability: BI
The strategies have distinct benefits,” says Bloomberg Intelligence’s Rena Kwok. “Special dividends offer flexibility without long-term commitments and share buybacks boost earnings per share.” ...
UOB founder’s heirs granted access to US$10bil estate
The transfer of control over Wee Cho Yaw’s estate marks one of Singapore’s largest wealth transfers in decades.
DBS CEO Piyush Gupta earned $17.58m in 2024
About $9.35m of this is a deferred award, of which 17.1% will be in cash. DBS CEO Piyush Gupta earned a total of S$17.58m for 2024. A bulk of this— about $9.35m— is a deferred award, of which 17.1% ...
Singapore semicon companies, including startups, can tap new S$500 million national fab facility by 2027
Singapore semiconductor companies, including startups, will be able to tap the new S$500 million national fabrication facility announced in Budget 2025. Read more at The Business Times.
Singapore ranks fourth in global cross-border investment in 2024
The total investments reached $6.7b. In 2024, Singapore was the fourth most in-demand destination for cross-border investment with total investments reaching $6.7b (U$5b), Knight Frank reported.
GXS taps Thoughtworks to power digital bank launch in Southeast Asia
Thoughtworks helped the bank design a modular technology that facilitates rapid scaling across different markets.
CNA938 Rewind – Wealth Wise – What can we expect from the Johor-Singapore Special Economic Zone
A collaboration between Malaysia and Singapore is set to create an exciting economic corridor. Singapore Today's Lance Alexander takes a closer look at the Johor-Singapore Special Economic Zone, with ...
OCBC’s Iris Ng champions SMEs, green financing
The banker worked on making capital loans more accessible to SMEs through embedded finance. Iris Ng’s two-decade journey to become managing director and head of emerging business for global commercial ...
Singapore to invest S$1 billion in Changi air hub, beyond S$5 billion fund top-up in Budget 2025
The additional S$1 billion will be committed over the next five years to support the development of Changi air hub. Read more at The Business Times.
Singapore shares close higher with local bank counters up; STI rises 0.5%
Local investors made the most of what might be a short-lived respite and drove the benchmark Straits Times Index (STI) up 0.5 per cent or 18.66 points to 3,917.06. Gainers easily led losers 304 to 210 ...