Singapore has long cemented its role as a global financial hub, known for its stability, innovation, and strategic positioning in Asia : KPMG.
How the Wee family, Singapore’s richest banking dynasty, built Southeast Asia’s third largest lender
The Wee family, Singapore’s richest banking dynasty, amassed a US$7.8 billion fortune by founding and growing United Overseas Bank into one of Southeast Asia's largest lenders.
Singapore’s SGI announces JV to expedite financing for clinical trials
Singapore-based SPRIM Global Investments (SGI) and One Investment Management (OneIM) have announced a $300m joint venture (JV) to expedite financing for clinical trials. This alliance is set to ...
FinTech LIVE Singapore 2025: Insights From Revolut
Ashley Thomas, Head of Strategy & Operations at Revolut, explored the evolution of fintech and global expansion strategies at FinTech LIVE Singapore ...
Over 80% of investors open to investing in Singapore stocks
SINGAPORE: A recent survey by the Securities Investors Association (Singapore) (SIAS) and investment platform Beansprout has revealed that more than 80% of resp ...
Singapore bank stocks tumble as STI drops 2% after US, Asia market retreat
SINGAPORE] Singapore shares tumbled in early trade on Tuesday (Mar 11) morning, joining Asia-wide declines as US markets dropped deep into negative territory on fears over tariffs and recession risks.
What is Chocolate Finance, who is its founder and how did it fall into a liquidity problem?
SINGAPORE] Financial services firm Chocolate Finance on Monday (Mar 10) temporarily suspended instant withdrawals due to “high demand”. A notice on its mobile app that the platform was experiencing an ...
Chocolate Finance suspends instant withdrawals, citing high demand
Financial services firm Chocolate Finance on March 10 suspended instant withdrawals, citing high demand. It said on its mobile app that it was experiencing an unusually high volume of withdrawal ...
Chocolate Finance suspends instant withdrawals, citing high volume of requests
Users making withdrawal requests during this time will have to wait between 3 and 10 days to get their money. Read more at straitstimes.com.
Chocolate Finance CEO says withdrawal issues can be traced back to ‘gaming’ of miles reward system
The financial services platform's instant withdrawal services will be reinstated when withdrawal requests slow down, founder and chief executive officer Walter de Oude tells CNA in an interview.
Singapore Firms Need Better Climate Reporting as New Rules Loom
Singapore’s listed companies need to improve climate disclosures as regulators are set to impose new standards starting this year, a new study has found.
80% investors bullish on Singapore stocks—SIAS survey
Despite concerns over low dividends, modest capital gains, and weak market liquidity, investors remain bullish about local stocks, according to a ...
Chocolate Finance CEO says disabling of AXS payments was ‘communicated poorly’
A rush among users to withdraw funds forced the firm to temporarily suspend instant withdrawals, but founder and CEO Walter de Oude says “at no point is customer money at risk”.
Chocolate Finance halts instant withdrawals due to ‘high demand’
SINGAPORE: Chocolate Finance has temporarily suspended instant fund withdrawals due to "high demand", it said in a notice to customers on Monday (Mar 10). The financial services platform said that ...
Chocolate Finance Temporarily Suspends Instant Withdrawals
Singapore-based financial services platform Chocolate Finance has temporarily halted instant withdrawals due to a spike in customer requests ...
Razorpay expands payments footprint in Singapore ahead of IPO
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...