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StanChart enables access of banker’s guarantees via NTP’s CamelONE portal

STANDARD Chartered (StanChart) has enabled access of banker's guarantees beginning with its client, Nordic Flow Control, on the Networked Trade Platform (NTP).

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AIA to extend free Covid-19 special coverage for customers, staff till mid-2021

AIA SINGAPORE will extend its free Covid-19 special coverage to the end of June 2021, it said in a press statement on Friday.

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MAS to further extend US$60b swap facility with US Fed

THE Monetary Authority of Singapore (MAS) will again extend its US$60 billion swap arrangement with the US Federal Reserve through Sept 30, 2021. In turn, the MAS USD Facility will also be extended till then, offering up to US$60 billion of funding to banks, to facilitate lending to...

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Razer Fintech partners Rely to offer buy-now-pay-later services in South-east Asia

RAZER Fintech, the fintech arm of gaming hardware and software firm Razer, is partnering buy-now-pay-later (BNPL) service provider Rely to provide BNPL services in South-east Asia for merchants registered under Razer's business-to-business solution, Razer Merchant Services (RMS).

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MAS to further extend US$60b swap facility with US Federal Reserve

THE Monetary Authority of Singapore (MAS) will again extend its US$60 billion swap arrangement with the US Federal Reserve through Sept 30, 2021. In turn, the MAS USD Facility will also be extended till then, offering up to US$60 billion of funding to banks, to facilitate lending to...

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Slight uptick in Singapore business confidence for another quarter: SCCB

BUSINESS confidence among Singapore firms saw a slight uptick in Q1 2021 but remained in the contractionary zone, according to the business optimism index study released by the Singapore Commercial Credit Bureau (SCCB) on Wednesday.

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Prudential’s Eastspring appoints new chief operating officer

EASTSPRING Investments, the Asian asset management business of Prudential plc, on Wednesday announced the appointment of Lilian Tham as its new chief operating officer (COO) with effect from Jan 4, 2021.

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Singapore falls two places in cost of living rankings on weaker SGD: ECA International

SINGAPORE has fallen two places to rank 14th among the most expensive locations in the world for expatriates, mainly due to a weaker Singapore dollar (SGD) resulting from the local economic impacts of the Covid-19 pandemic.

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Asian corporates risk taking USD funding for granted

AS VOTE tallies in the US elections spilled into headlines over several days in November, DBS's chief dealmaker in bonds was hardly keen to place bets on the final victor.

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Singtel, UOBAM to launch mobile robo-adviser for individual investors

SINGAPORE Telecommunications (Singtel) and UOB Asset Management (UOBAM) are collaborating to roll out "dynamic and personalised" robo-advisory investment solutions for individuals next year.

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