Featured Archives • Page 990 of 1188 • Financial News

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Singapore digital trade documentation framework to combine with global Swift network

GLOBAL financial messaging network Swift and Singapore's Infocomm Media Development Authority (IMDA) have partnered to accelerate trade digitalisation around the world.

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New bill to help micro, small firms in Singapore wind up, restructure in a faster way

A NEW bill will be introduced in Parliament in October to establish a Simplified Insolvency Programme (SIP) to help micro and small companies restructure their debts or wind up their business in a quicker, simpler and cheaper way.

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Singapore SMEs, individuals given more time to resume full loan repayments

CERTAIN small and medium-sized enterprises (SMEs) and individuals facing cash flow pressures will be given more time to resume full loan repayments, as part of a slate of measures aimed to soften their landing from the Covid-19 fallout.

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Most Integrated Shield insurers improve underwriting results in 2019

THE majority of insurers offering private Integrated Shield plans (IP) improved their underwriting performance in 2019, in a clear sign that a slew of measures taken over the past couple of years to dampen claims costs is working.

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Coming soon: a central platform for SME loans?

IMAGINE a single platform where all of some 270,000 small and medium-sized enterprises (SMEs) here can get a loan quote from multiple banks - with just one application.

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OCBC webinar series to benefit 3,000 SMEs by year-end

BY the end of 2020, some 6,500 employees from more than 3,000 small and medium enterprises (SMEs) are expected to have attended sessions of OCBC's webinar series, created during the "circuit-breaker" to equip firms with relevant digital skills for the pandemic.

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CPF members to get higher sum assured, increased coverage for DPS

FROM next April, Central Provident Fund (CPF) members aged below 55 under the Dependants' Protection Scheme (DPS) will pay lower premiums in return for a higher sum assured.

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Fintech startup RootAnt bags nearly US$1.5m in seed funding

SINGAPORE-HEADQUARTERED fintech startup RootAnt has bagged almost US$1.5 million in a seed funding round led by Linear Capital and with co-investor KZM & Company Group.

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AMTD buys controlling stake in non-assurance business of Singapore’s Nexia TS

HONG Kong-based financial services firm AMTD Group is setting up a professional services arm, after acquiring a controlling interest in the non-assurance business of accounting and consulting firm Nexia TS for an undisclosed sum.

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CPF members to get higher sum assured, increased coverage for Dependants’ Protection Scheme

FROM next April, Central Provident Fund (CPF) members under the Dependants' Protection Scheme (DPS) will get a higher sum assured of S$70,000, up from S$46,000 at "more attractive premiums", CPF said in a press statement on Friday.

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