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THE Monetary Authority of Singapore (MAS) on Monday (Mar 14) issued 2 notices to all financial institutions (FIs), setting out financial measures in relation to Russia, and categories of payments and transactions that are excluded from the scope of financial measures.

HSBC Singapore is creating a new coverage division focused on mid-sized businesses in Singapore, as it expands its commercial banking coverage in the Republic, it said on Monday (Mar 14).

SMALL and medium-sized enterprises (SMEs) are largely confident of tackling the impending goods and services tax (GST) hike, rising global interest rates, and inflationary pressures - but their top concern for the year ahead is the cost and availability of labour, according to a DBS survey released on...

WITH DBS posting a record net profit for 2021, the annual salary for its chief excutive officer Piyush Gupta has gone up as well.

SMALL and medium-sized enterprises (SMEs) are largely confident of tackling the impending goods and services tax (GST) hike, rising global interest rates, and inflationary pressures - but their top concern for the year ahead is the cost and availability of labour, according to a DBS survey released on...

UOB has priced 1.5 billion euros (S$2.3 billion) worth of fixed-rate covered bonds under the its US$8 billion global covered bond programme. The bonds will be issued at par on Mar 17.

ASIA-FOCUSED insurer Prudential posted a total adjusted operating profit before tax of US$3.2 billion on Wednesday (Mar 9), up 16 per cent from US$2.8 billion in the year-ago period.

CONCERNS that cryptocurrencies can be used as a major sanction evasion tool against Russia seem "exaggerated" for now as service providers are obliged to apply the sanctions as well, said ING.

CITI Commercial Bank (CCB) Asia Pacific is planning to hire close to 350 people, including nearly 200 commercial bankers, over the next 3 years to accelerate growth in the region, it said on Tuesday (Mar 8).

CONCERNS that cryptocurrencies can be used as a major sanction evasion tool against Russia seem "exaggerated" for now as service providers are obliged to apply the sanctions as well, said ING.