Featured

DATA centre provider ST Telemedia Global Data Centres (STT GDC) will issue at par S$400 million worth of senior unsecured bonds that will carry a 3.13 per cent coupon and mature on July 28, 2028.

DIVIDEND cuts by Singapore banks may happen "as early as" the upcoming payout to be announced in the second quarter, with the regulator reviewing banks’ capital plans amid prolonged economic uncertainty, said DBS Group Research in a report this week. 

THE Monetary Authority of Singapore (MAS) has slapped a S$1.1 million penalty on international trust Asiaciti Trust for inadequate safeguards against money laundering and terrorism financing – including its failure to monitor unusually large transactions by “politically exposed” customers.

DIGITAL bank aspirants in Singapore still have a viable path ahead despite the uncertainties wrought by the pandemic, for the simple reason that there is a flexible timeline for them to set up shop fully.

COVID-19 has hit the reset button on world economies, and governments should look to firm up "exit plans" from their current consumption-focused stimulus packages, said DBS chief Piyush Gupta.

WHILE the world is currently experiencing unprecedented upheaval due to the Covid-19 crisis, the Asia-Pacific banking and financial services industry is reaching a tipping point in many regions, with the "digital banking revolution" on the near horizon. Banks, lenders and other financial institutions need to be prepared...

COVID-19 has hit the reset button on world economies, with governments looking to firm up “exit plans” from their current consumption-focused stimulus packages, said DBS chief Piyush Gupta.

THE Monetary Authority of Singapore (MAS) is proposing new laws that will give it more teeth to regulate financial services in the Republic amid emerging risks, such as those brought on by the wider provision of digital services.

SINGAPORE firms are planning to invest in supply chain digitisation and lean into their intra-regional partners to build future resilience, according to survey findings from HSBC released on Tuesday.

JEFFERIES Research on Monday flagged that steep declines in interbank rates were likely to weigh on the three Singapore banks' margins and revenue, although they will see some offset from a healthy trading print.