THE new Significant Infrastructure Government Loan Act (SINGA) bonds will qualify as liquid assets that financial institutions (FIs) can hold to meet regulatory requirements, The Business Times has learnt.
SINGAPORE banks may see some margin compression as the industry transitions to risk-free reference rates, but there is no race to the bottom for loan pricing in the next few years, said analysts.
THE Singapore courts have dismissed allegations of fraud against Singapore-based marketing consultant Capital Asia Group (CAG) and its sole director brought by more than 1,000 multinational investors over an oil investment scheme.
GLOBAL debt soared by a whopping US$24 trillion to an all-time record of US$281 trillion, or 355 per cent of gross domestic product (GDP) in 2020.
DIGITAL asset company Sygnum - which has operations in Singapore and Switzerland - has secured an eight-figure US-dollar investment from the digital asset arm of Japan's SBI Group, SBI Digital Asset Holdings.
THE Singapore government will be offering Covid-19 vaccines to essential bank staff in the financial sector over several phases.
HSBC will soon announce a new Singapore chief executive (CEO) to succeed Tony Cripps, who will be leaving for the Saudi British Bank (SABB), says an internal memo signed by the bank's deputy chairman and chief executive Peter Wong and seen by The Business Times.
THE sum of S$90 billion in Significant Infrastructure Government Loan Act (SINGA) bonds - including green infrastructure bonds - though a drop in the ocean of the global bond market, will go a long way to deepen Singapore's bond market and institutional investor base, as well as develop...
THE Singapore government plans to issue new bonds under a proposed Significant Infrastructure Government Loan Act (SINGA).
The government will issue green bonds on select public infrastructure projects, with up to S$19 billion in public sector green projects identified as a starting point.
Skip to toolbar