Featured

AMID a weakened interest rate environment and the challenging macro climate, OCBC will reduce the salary credit bonus interest for customers on the OCBC 360 savings account from July 1. 

FINANCIAL stress since the "circuit breaker" was imposed appears to have caused many Singaporeans to shelve or reduce their retirement savings, a survey by OCBC has found.

CONSUMER loans in Singapore continued to dive in April, with credit card loans clocking their steepest fall on record as the Republic's circuit breaker took effect on April 7, keeping people at home and most retail outlets shut, according to the latest data from the Monetary Authority...

CONSUMER loans in Singapore continued to dive in April, with credit card loans in particular plunging to record lows as the Republic's "circuit breaker" took effect on April 7, keeping people at home and most retail outlets shut.

CONSUMER loans in Singapore continued to dive in April, with credit card loans clocking their steepest fall as the Republic's "circuit breaker" took effect on April 7, keeping people at home and most retail outlets shut.

KGI Securities has initiated coverage on iFast Corporation with an "outperform" call and target price of S$1.21.

CITI Singapore will extend its work-from-home arrangements till July even as "circuit-breaker" measures ease from June 1. 

SINGAPORE'S one-month Swap Offer Rate (SOR) fell briefly below zero last Wednesday for the first time since 2011, raising the spectre that the Republic could be following in the footsteps of other countries with persistent negative rates.

THE Monetary Authority of Singapore (MAS) will be developing "fairness metrics" in credit-risk scoring and customer marketing under the first phase of its "Veritas" initiative.

YEARS before Covid-19 struck, a shift was underway in Singapore's financial landscape: digital banking and payment solutions were slowly, but steadily, gaining traction among consumers and merchants. The novel coronavirus outbreak, which has forced the implementation of social distancing measures and essentially driven people indoors for safety,...