GIC has become a signatory to three organisations and initiatives relating to climate change management, as part of its sustainability strategy to increase engagement and disclosures on climate risks and opportunities.
A SET of best practices for commodity financing was rolled out on Monday, the first such code for the industry in Singapore. This comes after the city-state's reputation as a trusted hub for this lending segment has taken a hit of late.
ELIGIBLE non-bank financial institutions (NFIs) in Singapore will have direct access to the banking system's real-time retail payments infrastructure from February 2021, said the Monetary Authority of Singapore (MAS) on Monday.
ELIGIBLE non-bank financial institutions (NFIs) in Singapore will have direct access to the banking system's real-time retail payments infrastructure from February 2021, said the Monetary Authority of Singapore (MAS) on Monday.
SINGAPORE's bank lending in October fell for the eighth straight month on continued weakness in business loans, data from the Monetary Authority of Singapore showed on Monday.
UOB on Monday said it will set up an electronic foreign exchange (FX) pricing and trading engine in Singapore, acting as the hub to service the bank's client franchise.
FOREIGN exchange and equity market participants appear to be in denial about an over-borrowed UK economy that is experiencing the worst depression in three centuries.
THEY gather unloved in jars and under cushions, unearthed only when laundry needs doing. They rattle in coat pockets, music to some ears and a nuisance to others. They sink into fountains and lurk in wells, a fortune in wishes but a nightmare to sort and count.
UOB has secured more than S$3 billion of foreign direct investment (FDI) into Vietnam in alliance with Vietnam's Foreign Investment Agency (FIA) and is facilitating an additional pipeline of more than S$1.5 billion under an expanded Memorandum of Understanding (MOU) with FIA, said the bank on Friday.
UOB has secured more than S$3 billion of foreign direct investment into Vietnam in alliance with Vietnam's Foreign Investment Agency (FIA) and is facilitating an additional pipeline of more than S$1.5 billion under an expanded Memorandum of Understanding (MOU) with FIA, said the bank on Friday.
RESTRUCTURING specialist KordaMentha has been named liquidators of department store operator Robinson & Company (Singapore), according to a memorandum seen by The Business Times (BT).
SINGAPORE's financial services sector has held steady against the economic toll of the pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year.
THE recent US presidential election has had an immediate impact on Thailand's economy, causing the baht to spike vis-a-vis the dollar, and economists say this is bad news for Thai exports.
THE formal nod from India's central bank for DBS to take over cash-strapped Lakshmi Vilas Bank (LVB), announced on Wednesday, will pave the way for South-east Asia's largest lender to gain full control of a sizeable branch network in India.
SINGAPORE's financial services sector has remained resilient against the economic toll of the Covid-19 pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year.
SINGAPORE's financial services sector has remained resilient against the economic toll of the Covid-19 pandemic, creating some 1,900 net jobs for Singaporeans in the first half of the year.
NTUC Income customers who buy its travel insurance will now receive Covid-19 coverage as well, for medical-related expenses while overseas.
THE formal nod from India's central bank for DBS to take over cash-strapped Lakshmi Vilas Bank (LVB), as announced on Wednesday, will pave the way for Southeast Asia's largest lender to scoop up a sizeable branch network in India.
THE Financial Industry Disputes Resolution Centre (FIDReC) received 18 per cent more claims in the financial year ended June 30, 2020 as complaints against general insurers went up.
THE High Court has thrown out a bid by a Singapore firm linked to Wirecard to free up millions of seized funds every month, claiming that these were to repay "loans" from the scandal-tainted fintech, and expenses such as "accounting services".
