Featured Archives • Page 1107 of 1239 • Financial News

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TDSR limit waived for borrowers seeking deferred mortgage payments: MAS

BUSINESSES that qualify to defer payments for their secured property loans, as well as distressed property owners doing so for residential mortgages, will not be subject to thresholds set by the total debt servicing ratio (TDSR), the Monetary Authority of Singapore (MAS) said on Tuesday.

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No hospitalisation coverage for those who violate Singapore’s Covid-19 travel advisory: LIA

INTEGRATED Shield Plan insurers have aligned their policy coverage terms with the government’s measures to minimise the spread of the novel coronavirus, the Life Insurance Association of Singapore (LIA Singapore) announced on Monday night.

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SMEs wait for banks’ next move, with rise in government’s risk share for loans

THE government will further raise its risk-share of several enterprise loans, as it pulls out all the stops to enhance financing support so that "viable businesses" can continue to have access to credit, said Deputy Prime Minister and Finance Minister Heng Swee Keat on Monday.

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MAS to release first set of forex intervention data earlier

THE Monetary Authority of Singapore (MAS) will release data on its foreign exchange (forex) intervention operations on April 9, some three months earlier than previously scheduled.

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CIMB Singapore offers more relief to retail clients amid Covid-19

CIMB Bank Singapore is extending its relief package to help consumer banking customers tide over the coronavirus outbreak, following the Monetary Authority of Singapore's support measures announced last week.

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DBS to progressively close 29 branches till May 4

SINGAPORE'S largest bank DBS will progressively close 29 DBS/POSB branches islandwide over the course of about one week, in light of stricter safe distancing measures to reduce the community spread of Covid-19.

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MAS names Celine Sia as assistant MD to head new knowledge management department

The Monetary Authority of Singapore (MAS) announced on Monday that it has appointed Celine Sia as assistant managing director (economics & knowledge management) with effect on April 6, 2020.

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Fullerton Health fully redeems US$175m perps on first call date

INTEGRATED healthcare provider Fullerton Healthcare Corp has redeemed its US$175 million senior, unsecured perpetual capital securities in full.

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CIMB offers relief to Singapore retail customers amid virus outbreak

CIMB Bank Singapore is extending its relief package to help consumer banking customers tide over the coronavirus outbreak, following the Monetary Authority of Singapore's support measures announced last week. 

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Singapore M&A activity down 22.4% to US$10.2b in Q1: Mergermarket

SINGAPORE'S mergers and acquisitions (M&A) activity totalled US$10.2 billion in the first quarter of 2020, down 22.4 per cent from US$13.1 billion a year ago, according to data from deal intelligence service Mergermarket as at April 1.

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