Financial Services
Banks rerate 17% due to recovery trade: Maybank
Banks rerate 17% due to recovery trade: Maybank
The recovery trade is driven by news of successful COVID-19 vaccine trials.
StanChart launches SGD sustainable time deposit product
Its recent study found ample interest in sustainable investing from affluent Singaporeans.
Fintech CardUp announces new deal with Visa
The deal will allow businesses to instantly access credit on international payments.
Daily Briefing: MAS urges households to be prudent in expenses; F&B outlets seeing slow recovery
And SG’s Tazapay raises $4.29m led by Sequoia India’s Surge, Saison Capital.
Singapore bank loans down for fifth straight month
Demand-supply conditions for loans remains soft going into Q4, says OCBC Treasury Research.
OCBC adopts Equator Principles
This strengthens its environment and social (E&S) risk management disclosure.
MSIG Singapore pilots plan for gig workers
The policy starts from $6.89 for a weekly basic plan.
MAS to grant non-bank financial institutions access to FAST, PayNow
Beginning February 2021, NFI e-wallet users will be able to make real-time transfers to banks.
MAS orders removal of EH-REIT manager
The order follows a notice of intention issued on 26 October.
Aviva, Singlife complete merger
It is claimed to be the country's largest insurance deal at $3.2b.
HSBC Singapore reopens Jade Centre at Jewel Changi Airport
It is the final phase of HSBC's gradual resumption of operations.
American billionaire Ray Dalio to open Singapore family office
Asian family offices have surpassed global peers due to Chinese stocks.
GIA Singapore pilots new motor accident report platform
It has new features, including contactless authorisation and cashless payment.
DBS disburses record $9m in SE loans, grants
It's the bank's largest disbursement of SE loans, grants within a year.
Credit Bureau Asia launches IPO of 30m shares
These will value at $0.93 per share.
MAS, IBF roll out measures to boost jobs in finance
The regulator will cover up to $1,000 of stipend under their internship programme.
NTUC Income amps up travel insurance offering
It will grant COVID-19 coverage for overseas travel.
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