It now has "clear market leadership" in loans, deposits, cards and investments among foreign players in the market. Read more at straitstimes.com.
Singapore Exchange will be first in Asia to list structured certificates
The Singapore Exchange (SGX) will this month become the first bourse in Asia to offer publicly-traded structured certificates. The certificates, which will be listed on the bourse on August 30, is a ...
Think of Singapore’s reserves as ‘rainy day’ money: PM Lee
Prime Minister Lee Hsien Loong spoke to CNA on June 8, for a documentary on Singapore’s reserves. The transcript of the interview was released by the Prime Minister’s Office on Wednesday. Here is an ...
How HSBC regained its mantle as the region’s best bank
Despite its roots in the region, HSBC’s Asian woes have sometimes seemed endemic. It has been overly dependent on Hong Kong and too often caught in Sino-US crosshairs. But under co-CEOs Surendra Rosha ...
Vietnam Airlines and Singapore Tourism Board sign MoU
Vietnam Airlines and the Singapore Tourism Board (STB) have signed an MoU until 2025, aiming to promote Singapore’s popularity as a destination for both leisure and business as Vietnam's outbound ...
Should you buy 6-month or 1-year Singapore T-bills as investment?
Singapore treasury bills (T-bills for short) are short-term debt securities issued by the Singapore Government. They are available in two formats: six months, or one year, and are issued in tranches ...
Ex-Singapore Parliamentarian’s startup to issue Swiss Franc and Euro stablecoins
Singapore investor and former parliamentarian Calvin Cheng has announced that his wholly-owned, newly rebranded Swiss company, Anchored Coins AG ("Anchored Coins"), will be issuing two stablecoins - a ...
7 people who alleged disclosed banking, Singpass details to scammers to be charged
SINGAPORE - Seven people, including three teenagers, will be charged for relinquishing their bank accounts and/or Singpass credentials for money laundering activities linked to banking related ...
Business cheque usage low but industry, customer preferences make it hard to discard
To help businesses make the switch, banks make digital payment methods cheaper, or offer fee rebates. Read more at straitstimes.com.
UOB, The EM District and AEG announce historic naming rights partnership
UOB, The EM District and AEG are proud to unveil a revolutionary naming rights partnership, brokered by AEG Global Partnerships, that promises to reshape the live entertainment landscape in Thailand ...
Singapore Stock Market May Test Support At 3,200 Points
The Singapore stock market has moved lower in three straight sessions, sinking almost 90 points or 2.8 percent along the way. The ...
Singapore banks see slower trade activity as demand falters
Banks in Singapore have blamed a flagging trade environment and China’s weak rebound from the Covid-19 pandemic for a dip in trade finance activity in the first half of the year. The city-state’s ...
Singapore introduces regulatory framework for stablecoins
Singapore’s financial regulator on Tuesday unveiled its regulatory framework for stablecoins, those cryptocurrencies pegged to fiat money for a more solid and stable asset. As part of this framework, ...
Singapore’s Central Bank Releases Stablecoin Regulatory Framework
Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request.
Singapore central bank unveils regulatory framework, bringing clarity to stablecoins
Singapore’s central bank has announced its revised regulatory framework, whose primary objective is ensuring the stability of single-currency stablecoins that fall under the jurisdiction of the ...
Uproar over OCBC banking app’s new security feature is clearly misplaced
THERE has been uproar over OCBC’s mobile banking Android application refusing to run unless a user’s sideloaded apps are uninstalled. Read more at The Business Times.