Financial Services
Singapore splurges $2.8b on FX fees yearly: report
Singapore splurges $2.8b on FX fees yearly: report
The average consumer spends 15 times as much as companies in FX fees per dollar remitted.
Daily Briefing: Temasek Holdings aims to grow US footprint; Space-tech startup SpeQtral raises US$1.9m in seed funding
And here are the jobs at Standard Chartered that are safest from its aggressive restructuring.
Singapore bank loans shrink to 2.9% in Q1
Consumer loan growth slowed to just 0.3% in March.
Budget 2019: SMEs' First Step in a Journey of a Thousand Miles
We are living in Industrial Revolution 4.0 where data have emerged as the new ‘growth fuel’, powering everything from productivity and profits to...
NETS inks deal with Myanmar Payment Union
The parties will co-develop a QR payment platform in Myanmar.
Singapore's appetite for foreign hires is diminishing in 2019
Jobseekers are urged to upskill as HR departments become pressured to employ local staff.
DBS removes OTPs in digital token for corporate customers
The upgraded digital token will be available in Asia starting May 2019.
UOB ties up with SGX and CCOIC to support Chinese firms
The tripartite alliance aims to help Chinese firms expand to ASEAN.
DBS Q1 profit up 9% to $1.65b
Strong interest income offset declining wealth management, brokerage and investment banking fees.
Online hiring for banking roles up 28% in March
Singapore figures outpaced that of Malaysia and the Philippines.
Connecting the dots between working capital and cash flow management
In Singapore, barriers to financing have resulted in an unmet funding gap for SMEs worth as much as $20b.
MAS irons out customer liability in updated e-payments guideline
Account holders are required to provide their contact details for notifications when transacting online.
Is cash still king in ASEAN?
Card penetration for some countries fall below 50%, according to a study.
Singapore to dominate forex with sub-second speeds
MAS looks for ultra-fast platforms that could route currency trades in milliseconds.
Banks set for Q1 profit boost as corporate loans and wealth income recover
Trading and wealth management income may have rebounded between 10-36% in Q1.
Standard Chartered unveils instant e-credit card issuance and loan disbursement
Personal loans of up to $200,000 can be disbursed within minutes of application.
Automation threatens one in three finance jobs: study
Remisiers, traders, and investment performance analysts are some of the jobs that could get hit by automation.
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