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The way forward for GST hike in Singapore as funding needs rise

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...

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OCBC, UOB extend US$44m green loan to Myanmar conglomerate

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.

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Former OCBC head of consumer finance Dennis Tan appointed Prudential Singapore CEO

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

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OCBC, UOB provide US$44m green loan to Myanmar conglomerate

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.

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Grab ventures into retail wealth management with Bento buy

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.

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Mindful Wealth re-domiciles CLO fund to Singapore after VCC pilot

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

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Yoma Strategic tie-up extends online payment services in Myanmar

MAINBOARD-LISTED Yoma Strategic Holdings' Myanmar-based joint venture (JV), Wave Money, is giving its customers in Myanmar access to merchants of payments platform 2C2P through a tie-up.

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Mindful Wealth re-domiciles CLO fund to Singapore after VCC pilot programme

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

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Grab moves into retail wealth management with acquisition of robo-advisory

GRAB has made its move into the retail wealth management space with its acquisition of Bento Invest, a Singapore-based robo-advisory startup for an undisclosed sum.

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Banks suspend branches, services in HK, Macau

BANKS including Singapore lenders DBS and OCBC have temporarily closed several branches or reduced their services available in Hong Kong and Macau, in light of the worsening novel coronavirus outbreak.

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