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CHINA'S ByteDance Technology, which owns the popular video-sharing app TikTok, is said to have applied for a wholesale digital banking licence in Singapore, BT understands.

CIMB Bank, Singapore branch, has appointed Victor Lee as its new chief executive. He takes over from Mak Lye Mun, who is retiring after 10 years in the job, the Malaysian bank said on Thursday.

A CONSORTIUM including Razer Fintech and supermarket operator Sheng Siong Holdings has submitted an application for a digital full-bank licence in Singapore, focusing on the "underserved youth and millennials segment" for the bid, gaming lifestyle brand Razer Inc said in a statement on Thursday. 

A CONSORTIUM including Razer Fintech and Sheng Siong's founders has submitted an application for a digital full-bank licence in Singapore, focusing on the "underserved youth and millennials segment" for the bid, gaming lifestyle brand Razer Inc said in a statement on Thursday. 

IT SEEMS that nobody is expecting the United States Federal Reserve and other key central banks to tighten their monetary policies in 2020. In fact, most pundits are seeing these central banks to either hold or cut their policy rates.

DBS has revised a couple of its terms for its flagship savings account - the DBS Multiplier - for the new year.

DBS has revised a couple of its terms for its flagship savings account - the DBS Multiplier - for the new year.

BANK lending rose 0.5 per cent in November from October, easing slightly from a 0.7 per cent increase in October, preliminary Monetary Authority of Singapore (MAS) data showed on Tuesday.

BANK lending rose 0.5 per cent in November from October, easing slightly from a 0.7 per cent increase in October, preliminary Monetary Authority of Singapore data showed on Tuesday.

BANK lending rose 0.5 per cent in November from October, easing slightly from a 0.7 per cent increase in October, preliminary Monetary Authority of Singapore data showed on Tuesday.