FROM Monday, small and medium-sized enterprises (SMEs) in financial distress because of the Covid-19 pandemic will be able to access the Sole Proprietors and Partnerships (SPP) Scheme and Extended Support Scheme - Customised (ESS-C) to restructure credit facilities and debts owed to multiple lenders.
SINGAPORE's bank lending in September dipped for the seventh straight session, as continued weakness in business loans more than offset the rise in consumer loans.
THE Monetary Authority of Singapore (MAS) has issued prohibition orders (POs) against two former bank employees for fraud and dishonest conduct, following their convictions in the State Courts of Singapore. The POs took effect from Thursday.
WITH effect from Nov 1, Quek See Tiat will be named chairman of Singapore's Accounting Standards Council (ASC), while Desmond Chin will join as a new member.
SINGAPORE's bank lending in September dipped for the seventh straight session on weaker business loans, preliminary data from the Monetary Authority of Singapore showed on Friday.
AS Asia's massive infrastructure needs continue to grow, it is clear that traditional bank debt alone is not enough to plug the widening gaps.
THE Covid-19 pandemic has taken a toll on investments in Asia-Pacific's (Apac) private financial technology (fintech) companies, but recent data suggests that a recovery might be in sight, according to a report by S&P Global Market Intelligence.
AN INNOVATION centre under the National University Health System (NUHS) on Thursday inked a memorandum of understanding (MOU) with Asia Research & Innovation Alliance Limited (ARIA), a non-profit research and innovation institute, to set up a S$50 million venture capital fund and a commercialisation programme.
AS Asia's massive infrastructure needs continue to grow, it is clear that traditional bank debt alone is not enough to plug the widening gaps.
HONG KONG digital wealth management solutions provider Quantifeed has raised an undisclosed amount of funding from its Series B+ round led by global asset manager Franklin Templeton.
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