News

  • 21
    Jun

    DBS, Stripe, Visa to power CarouPay

    The Business Times by JACQUELYN CHEOK

    Singapore SINGAPORE'S largest bank, DBS, has been confirmed to be a mobile wallet partner of Carousell, the Singapore-based online classifieds startup that in May unveiled it has raised US$85 million in Series C funding, with DBS joining as a new investor.… More

  • 19
    Jun

    Fintech all set to transform SME financing

    The Business Times by EDDIE LEE

    THE business sentiment among Singapore's small and medium enterprises (SME) is upbeat, as the country's economy expands and productivity gains start coming in from technology investments. But there is one nagging issue that is tempering the mood. And… More

  • 19
    Jun

    OCBC keen to expand into onshore wealth management in China

    The Business Times by JAMIE LEE

    Singapore OCBC is evaluating how it would expand into the onshore wealth management space in China, seeing increasing demand for wealth management services from domestic Chinese clients and as China plans to open up its financial sector in this space.… More

  • 19
    Jun

    OCBC targets S$1b profit from China's Greater Bay Area by 2023

    The Business Times by JAMIE LEE

    Singapore OCBC, Singapore's second-largest bank, expects to hit at least S$1 billion in pre-tax profits from the Greater Bay Area - comprising Hong Kong and Macau, grouped with several cities in Guangdong province - by 2023. This is double its current… More

  • 08
    Jun

    On green financing, a lack of colour on required standards

    The Business Times by JAMIE LEE

    Singapore ASEAN will need US$200 billion in green investment from 2016 to 2030, a five-time increase from current levels - and that speaks to the "significant potential" for private capital to enter this space, said a top executive from the Monetary… More

  • 07
    Jun

    A cornerstone of Singapore banks' digital transformation is the use of AI to enhance customer experience

    The Business Times by SAMI AMMOUS

    IT'S NO secret that Singapore prides itself on being an early adopter of sophisticated technology to drive its global competitiveness. Its banking sector is a prime example, and is today by far the most advanced in the region in its use of new technology… More

  • 06
    Jun

    Asia's capital markets seeing strong growth: MAS

    The Business Times by LEE MEIXIAN

    Singapore THE expansion of Asian enterprises and demand for infrastructure development in the region will drive financing and capital raising activities in Singapore, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), said on… More

  • 06
    Jun

    If blockchain 'use case' fails, MAS still benefits

    The Business Times by LEE MEIXIAN

    Singapore MANY of the Monetary Authority of Singapore's (MAS) 'use cases' for its blockchain experiments - such as those on know-your-customer procedures, trade financing and cross-border payments - are likely to fail. And its managing director Ravi… More

  • 05
    Jun

    The Bank of East Asia – Meeting the Investment Needs of Mainland China's Wealthy

    The Business Times

    AS A LEADING financial services provider in Hong Kong, Bank of East Asia (BEA) has established a significant presence in the Greater China Region, offering cross-border wealth management and banking solutions for its clients. BEA's suite of banking… More

  • 05
    Jun

    UOB Private Bank – Delivering Consistent Results for Clients

    The Business Times

    BY CRAFTING solutions tailored to their clients' risk appetite and investment objectives, UOB Private Bank has consistently delivered results for its clients. Dr Neo Teng Hwee, Chief Investment Officer and Head of Investment Products and Solutions at… More