Financial Services
MAS tightens cybersecurity rules on FIs
MAS tightens cybersecurity rules on FIs
It will require FIs to implement 6 measures that will address flaws in a timely manner.
DBS' Singapore-dollar perpetual notes booked over $3b
It priced the perpetual securities at 3.98% following hot demand.
Here's how the potential US$200b trade war tariffs put heat on Singapore's banks
Bank stocks could weigh the STI down and rein in business loans.
Daily Briefing: DBS opens 70 big data jobs; Here's how Sheng Siong has grown 25% YTD
And 2 adjoining conservation shophouses in Amoy Street are being offered for $50m.
OCBC blames software failure for 3-hour service outage
ATMs and banking channels were down during the outage on 1 September.
UBS to launch eFX engine in Q2 2019
It is expected to improve the FX market’s transparency and efficiency.
UOB prices $796.76m bonds at 0.25%
They are expected to be issued by 11 September.
Singapore and Hong Kong private banks wage war for wealth managers to lure Asia's crazy rich
Banks are willing to offer pay hikes between 30-45% to secure the best talent.
Bank lending growth jumped 10% in July
It was backed by stronger loan growth in manufacturing, transport, and business services.
Consumers not required to disclose NRIC numbers for purchases by September
It is to protect consumers from identity theft or fraud.
Singapore police warns about bank scams from phishing websites
They reportedly offered new investment schemes and software to bank holders.
Daily Briefing: Malaysia mulls third link to Singapore; Luxury jeweler Tiffany & Co. unveils breakfast cafe in Tiong Bahru
And here's why Bloomberg moved its forum venue from China to Singapore.
Chart of the Day: US dollar issuances lead Singapore's debt market
The local currency lags behind it with a share of 10.6%.
MAS inks deal with Dubai agency to bolster fintech ties
They will implement joint projects involving digital and mobile payments and blockchain, amongst others.
UOB tapped e-commerce firm Synagie to boost SMEs' online sales management
They will enable SMEs clients to manage e-commerce processes like inventory storage and management.
Banking and finance led online hiring growth in June
The IT and advertising & media sectors also saw 6% and 2% rise in online hiring, respectively.
Total debt issued in Singapore soared 39% to $259b in 2017
SGD debt hit a 5-year high at $27b due to strong sentiment.
Commentary
Singapore aced its FATF evaluation — now comes the hard part
Corporate venturing as Singapore’s next competitive advantage
Singapore’s degree premium is no longer a job-security guarantee
What Singapore’s shared-services leaders should measure after training
The future of cross-border commerce isn’t faster shipping – it’s better discovery
Delaying AI investment could become construction's most expensive decision
Can Johor-Singapore SEZ build ASEAN’s shared AI manufacturing ecosystem?
Machine-speed AI mistakes are Singapore’s next governance test
Banks need to rethink identity governance for AI agents
As Singapore broadens retail investing, who moves before the news?