Financial Services
MAS scales asset tokenisation standards
MAS scales asset tokenisation standards
It will improve standards for fixed income, FX, and asset management.
Deepfake fraud concerns prompt calls for better bank safeguards
Six in 10 consumers seek more robust cybersecurity measures from their banks
Olam Group subsidiary ofi bags $1.8b revolving credit facility
Proceeds from the facility will be used to refinance existing loans.
Singapore boosts AML efforts with national asset recovery plan
The plan will focus on four pillars.
Oxpay Financial obtains $2m convertible loan
The loan bears an interest rate of 6.9% per annum.
Mooreast to secure $20m convertible loan
It will be used for working capital needs, business expansion, and investment opportunities.
Singapore’s big banks aim for 96% emissions cut by 2050
DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.
Singapore investment managers adopt high standard of risk and performance assessment: IMAS
The study surveyed 37 fund houses with a combined AUM of $93b
Franklin Templeton taps Gaurav Bathija to lead private banks and family offices
Bathija will operate out of Singapore.
Standard Chartered sets up first global fund management unit in Singapore
The initial fund will be exclusive to Singapore, Hong Kong and Dubai clients.
Nium raises US$50M in Series E round led by SEA sovereign fund
It will use the funds to accelerate its growth plans.
iPiD secures $7.13m in Pre-Series A funding
The startup will use the funds for expansion.
Maybank SG offers boost to charities with special rates, network opportunities
Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)
Blackrock cuts Mapletree Logistics Trust stake to 4.95% with share sale
It is no longer a substantial unitholder of the REIT.
BlackRock reduces stake in CLD
It now holds just over 44.44 million shares in its stake.
MAS extends fair dealing rules to all financial products and services
Previously, guidelines applied only to investment product selection and services.
Commentary
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?
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?