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THE Monetary Authority of Singapore (MAS) and the US Treasury, in a joint statement on Thursday, supported the case for cross-border data transfer by financial services firms without the need for data localisation, as long as financial regulators have access to data needed for regulatory and supervisory purposes....

DBS Bank has completed the first trade financing transaction on Singapore’s Networked Trade Platform (NTP), the lender said in a press statement on Thursday.

CITIBANK Singapore will shut its 15-year old MacDonald House branch on Feb 28, with plans to open a new retail banking branch as part of its network rejig.

BANKING veteran Dennis Tan has been appointed CEO of Prudential Singapore, with the 51-year-old expanding the club of Singaporeans who now lead major financial institutions.

FACED with Singapore's growing expenditures in healthcare, security and other forms of social spending, the government had announced during Budget 2018 that it plans to raise the Goods and Services Tax (GST) by two percentage points from 7 per cent to 9 per cent, sometime between 2021...

THE Yangon branches of OCBC Bank and United Overseas Bank (UOB) have extended a US$44 million green loan to Myanmar's Shwe Taung Group.

BANKING veteran Dennis Tan has been appointed CEO of Prudential Singapore, the insurer told The Business Times.

THE Yangon branches of OCBC Bank and United Overseas Bank (UOB) have extended a US$44 million green loan to Myanmar's Shwe Taung Group.

TAKING a clear step towards offering wealth management for the masses, digital bank contender Grab has acquired Singapore-based robo-advisory startup Bento for an undisclosed sum.

BOUTIQUE wealth management firm Mindful Wealth on Tuesday announced it has completed the Variable Capital Companies (VCC) pilot programme.