CLIMATE change has become a top concern among global insurers and reinsurers, as the rising frequency and severity of natural catastrophes raise questions on their ability to anticipate and capacity to insure the risks.
MAYBANK Kim Eng, the investment banking and securities broking arm of Malaysia's largest bank, has laid off 5 per cent of its Singapore workforce as stiffer competition prompts a restructuring of its Singapore retail brokerage operations.
FIXED-income bankers are looking forward to another good year, with interest rates likely to remain low, while issuers have some refinancing to do as bonds mature or become callable in 2020.
SMALL and medium-sized enterprises (SMEs) are important to the economy. In Singapore, SMEs account for 69 per cent of employment and 49 per cent of the economy.
SINGAPORE property developer Hoi Hup Realty has secured a S$332.5 million green club loan to partially finance its <a href="https://www.businesstimes.com.sg/real-estate/ms-to-sell-andaz-hotel-at-d... target="_blank">S$475 million acquisition of Andaz hotel.</a>
AS THE purchasing power of tech-savvy millennials continues to climb, Citi and regional e-commerce platform Lazada are targeting to serve over 50 per cent of young professionals in Singapore with the launch of a co-branded credit card.
IT'S has been a good year for OCBC Bank's fixed income team as its share of the Singapore dollar bond market expanded to narrow market leader DBS Bank's lead.
A PLAN to greenlight some of the exchange-traded fund (ETF) industry's most controversial products comes with a caveat that could doom them to irrelevance.
MONEY managers that have pushed more than US$30 trillion into sustainable investments are often basing their decisions on limited and misleading data, according to a new report.
