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SINGAPORE will soon calibrate its debt moratorium schemes, with the regulator looking to extend its programmes to certain borrowers beyond Dec 31 this year, while also ensuring that those with the ability to pay should begin repayment before the moratoriums expire, The Business Times understands.

AIRASIA's financial services venture BigPay will be expanding its e-wallet services to Singapore, with early access available to users in the coming weeks.

FITCH Ratings has affirmed its "AA-" ratings on Singapore banks and removed the trio from rating watch negative (RWN), given that the materialisation of stressed conditions have become "less immediate".

SINGAPORE will soon calibrate its debt moratorium schemes, with the regulator looking to extend its programmes to certain borrowers beyond Dec 31, while also ensuring that those with the ability to pay should begin repayment even before the year-end deadline, The Business Times understands.

THE Association of Banks in Singapore (ABS) said on Monday that all nine participating PayNow banks will now allow ad-hoc transactions of at least S$5,000, allowing customers a wider scope of payments to merchants and friends.

THE Association of Banks in Singapore (ABS) said on Monday that all nine participating PayNow banks will now allow ad-hoc transactions up to S$5,000, allowing customers a wider scope of payments to merchants and friends.

AGRI-FOOD giant Olam International has obtained Singapore's first club loan pegged to the Singapore Overnight Rate Average (Sora) from DBS and the Industrial and Commercial Bank of China, Singapore Branch (ICBC Singapore).

INSURANCE bigwig Aviva's headline S$2.7 billion sale of its Singapore operations to homegrown digital insurer Singlife mirrors a global trend of private equity (PE) firms digging into the strong growth of insurance businesses.

WHAT probability do you give that there might be a new financial crisis? This month, the number crunchers at Oxford Economics, a research group, asked 162 global businesses this question. Their average answer was 20 per cent over the next two years.

THE addressable loan market for Singapore's upcoming digital banks is estimated to be worth S$220 billion to S$243 billion, with these digital-only entities likely to catalyse loan growth in underserved segments, according to DBS Group Research.