Financial Services
MAS stands pat on monetary policy as economy slows
MAS stands pat on monetary policy as economy slows
The government expects the economy to grow between 1.5-3.5%.
Chart of the Day: Overseas credit searches by Singapore firms up 2.05% in 2018
ASEAN accounted for the highest proportion of credit checks at 27.7%.
NTUC Income and ZhongAn tie up to develop digital insurance products
They aim to roll out a lifestyle insurance product for the tourism sector by Q2.
Singapore fintech Validus Capital expands to Indonesia
It aims to plug SME funding gap through its domestic business entity, Batumbu.
EZ-Link ties up with Malaysia's Touch n' Go for cross border Combi Card
It will allow users to pay for Singapore ERP fares and Malaysian highway tolls.
MAS bans reps from HSBC, UOB, and NTUC Income over fraud
Their cases involved deception, sales of fake products, and forgery.
Chart of the Day: What are the top targeted M&A deals in Q1?
CapitaLand's US$7.9b acquisition of Ascendas is the largest M&A so far in SEA.
Hyflux troubles trickle down as nearly $4b corporate bonds mature by end-2019
Hyflux's distress may just be the beginning of a series of default risk situations.
UOB prices US$600m notes at 3.75%
These will be rolled out by 15 April.
Daily Briefing: DBS complied with rules on 2016 Hyflux bond sale: MAS; Singapore and Malaysia to replace withdrawn ILS with GPS procedures for Seletar Airport
And here's how FastGo has compromised the identities of its early sign-ups.
Singapore banks lead STI gains with 6.1% rally in April YTD
Their average 2019 YTD total return stands at 8.6%.
Daily Briefing: OUE Commercial REIT in merger talks with OUE Hospitality Trust; National Archives of Singapore reopens after 18-month revamp
And here’s how much banks are willing to pay to lure data scientists.
Chart of the Day: Which sector dominated Singapore's bond market in Q1?
This sector raised US$2.6b from the debt capital markets.
Singapore equity proceeds skyrocket 145.8% to US$2.3b in Q1
Follow-on offerings, which soared 579.2% offset weakening IPO proceeds.
Mitsui Sumitomo Insurance sets up digital hub in Singapore
It is located on SGX Centre 2.
OCBC CEO Samuel N. Tsien's salary up 10.42% to $10.70m in 2018
The bank’s full-year profits rose 11% YoY to $4.49b.
Singapore inks fintech innovation deal with Cambodia
Both countries will share information on emerging market trends and financial regulatory issues.
Commentary
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