RAZER Fintech, the financial technology (fintech) arm of gaming peripherals brand Razer, is launching a virtual prepaid card targeted at youth and millennials in Singapore next January.
THE number of single family offices (SFOs) in Singapore has grown in recent years to about 200 at present, said Senior Minister Tharman Shanmugaratnam on Monday.
LOCAL lender DBS and Standard Chartered have jointly led a workgroup of 12 other banks to create and conduct a proof-of-concept (POC) for a digital Trade Finance Registry (TFR).
WITH the number of financially distressed companies expected to rise as debt moratoriums wear off, the government is seeking to make it easier for micro and small enterprises to restructure their debts or wind up their business.
CITI is expecting more billion-dollar deals in South-east Asia's equity capital markets over the next 12 months as markets rebound, with the region looking to play catch up to the rest of the world.
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.
