Singapore

Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May

Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.

Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May

Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.

FNZ, abrdn launch digital wealth platform in Singapore

The firms’ platform have over $90b assets administered in the UK.

HSBC names ex-Citi banker as head of global banking in Singapore

Gilbert Ng has experience in corporate finance and risk management.

HKMA warns of prolonged high interbank rates

The central bank issued the warning post unchanged US fed funds rate at 5.25-5.5%.

DBS achieves record-high Q1 profit of S$2.96b

Dividend is SGD 54 cents per share for the quarter.

MAS not extending pause on DBS’ non-essential activities

DBS will still keep the 1.8x multiplier in risk weighted assets, however.

Transport Minister Chee Hong Tat joins MAS Board of Directors

Chee will serve three years from 1 June to 31 May 2027.

Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses

The solution aims to help businesses manage their cash flow.

StanChart joins Visa’s B2B Connect to enhance cross-border payments

It aims to facilitate faster and more cost-effective business-to-business (B2B).

Standard Chartered launches open banking marketplace with over 100 APIs

Clients can discover, identify, and test APIs in a sandbox environment.

Citi names Amit Dhawan as head of CCB Singapore

Dhawan has been head of emerging corporates for Asia since 2017.

Fintech Qashier clinches in-principle approval for a MPI license from MAS

Qashier had been operating under an exempted framework for the past 5 years.

Maybank Singapore unveils online investment service for as low as S$200

From now until 30 June, the sales charge for the first $2,000 will be waived.

Maybank offers financial package for registered charities

They offered the first recyclable grant in Singapore.

HK-based fintech KPay expands operations to Singapore

The firm plans to triple its merchant base in Singapore to over 10,000.