SINGAPORE banks believe that loan requests and deferments by individuals and small and medium-sized enterprises (SMEs) already peaked earlier in the year, and do not expect a significant number to seek further relief.
PERPETUAL bond (perp) issuances have fallen to a six-year low as a percentage of total bond issuances in the Singapore market, making up just 10 per cent of the total market share year to date compared to close to 30 per cent in 2019.
GLOBAL financial messaging network Swift and Singapore's Infocomm Media Development Authority (IMDA) have partnered to accelerate trade digitalisation around the world.
A NEW bill will be introduced in Parliament in October to establish a Simplified Insolvency Programme (SIP) to help micro and small companies restructure their debts or wind up their business in a quicker, simpler and cheaper way.
CERTAIN small and medium-sized enterprises (SMEs) and individuals facing cash flow pressures will be given more time to resume full loan repayments, as part of a slate of measures aimed to soften their landing from the Covid-19 fallout.
THE majority of insurers offering private Integrated Shield plans (IP) improved their underwriting performance in 2019, in a clear sign that a slew of measures taken over the past couple of years to dampen claims costs is working.
IMAGINE a single platform where all of some 270,000 small and medium-sized enterprises (SMEs) here can get a loan quote from multiple banks - with just one application.
BY the end of 2020, some 6,500 employees from more than 3,000 small and medium enterprises (SMEs) are expected to have attended sessions of OCBC's webinar series, created during the "circuit-breaker" to equip firms with relevant digital skills for the pandemic.
FROM next April, Central Provident Fund (CPF) members aged below 55 under the Dependants' Protection Scheme (DPS) will pay lower premiums in return for a higher sum assured.
SINGAPORE-HEADQUARTERED fintech startup RootAnt has bagged almost US$1.5 million in a seed funding round led by Linear Capital and with co-investor KZM & Company Group.
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