A RECORD high of 96 non-financial companies have entered the "crossover zone" - the credit ratings closest to the line between speculative grade and investment grade - by the end of the first quarter this year.
THE Singapore FinTech Association (SFA) and Razer Fintech have agreed to provide fintech companies in Singapore bridge financing, equity or equity-linked instruments ranging from US$100,000 to US$1.5 million, they said in a joint release on Thursday.
WEALTH management fintech firm iFAST on Thursday posted a 126.8 per cent rise in net profit to S$3.6 million for its first quarter ended March 31, 2020, from S$1.6 million a year ago.
WITH their shutters drawn and government relief pumped through digital channels, businesses in Singapore have been driven to adapt to electronic payments amid the Covid-19 crisis.
WITH oil trading giant Hin Leong making headlines amid the recent collapse of oil prices, the Singapore banks are set to take charges against their broader exposure to the oil-linked sectors but in a more measured way given more prudence today, analysts said.
DESPITE challenging times posed by the Covid-19 outbreak, Citi Singapore will offer its 76 summer 2020 interns full-time analyst roles after graduation as long as they meet the minimum programme requirements of the internship, the bank said on Wednesday.
By offering cheap loans to small businesses, governments reason, entrepreneurs will continue to pay their employees. That should halt the economic fallout from the coronavirus outbreak. But so far, this endeavour has been a public relations fiasco and a logistics nightmare.
CITI Singapore will offer its 76 summer 2020 interns full-time analyst roles after graduation as long as they meet the minimum programme requirements of the internship, the bank said on Wednesday.
UNITED Overseas Bank (UOB) on Tuesday announced that it will offer pre-approved loans of up to S$200,000 to ease the short-term liquidity woes of small businesses hit by the novel coronavirus fallout.
UNITED Overseas Bank (UOB) on Tuesday evening announced that it will offer pre-approved loans of up to S$200,000 to ease the short-term liquidity woes of small businesses hit by the novel coronavirus fallout. 
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