Singapore CONSUMERS are largely on board the digital payments train but businesses, particularly business-centric small and medium enterprises (SMEs), seem to need a bigger push to go entirely cashless or cheque-free. Figures from the Monetary…
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Singapore RIDE-HAILING firm Grab is “confident” of meeting the digital banking licence requirements that include “a path towards profitability” on a five-year projection, the unicorn told The Business Times on Thursday. The requirements, spelled out…
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Singapore THE dating frenzy amid the digital banking buzz in Singapore has also hit the three banking incumbents in Singapore, with the lenders understood to have been in talks with digital banking aspirants. While indicative…
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Thu, Aug 29, 2019 – 10:31 AM CONSUMERS’ love for hot pot has propelled Haidilao founder Zhang Yong to the top of the 2019 Forbes Singapore Rich List, with a net worth of US$13.8 billion.…
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Thu, Aug 29, 2019 – 1:03 PM RBC Wealth Management has appointed Andrew White as director, private banking, for its Singapore office. Mr White’s remit will primarily focus on the business’ Asia’s Global Families…
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Thu, Aug 29, 2019 – 4:00 PM SINGAPORE’S new digital banks must show a “path towards profitability” based on a five-year financial projection, the Monetary Authority of Singapore (MAS) said on Thursday, as the regulator…
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Thu, Aug 29, 2019 – 1:16 PM STANDARD Chartered Bank has appointed Dwaipayan Sadhu as its head of retail banking in Singapore, effective Sept 1, 2019. Based in Singapore, he will report to Patrick Lee, chief…
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Thu, Aug 29, 2019 – 10:31 AM CONSUMERS’ love for hot pot has propelled Haidilao founder Zhang Yong to the top of the 2019 Forbes Singapore Rich List, with a net worth of US$13.8 billion.…
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Singapore THIS may be Singapore’s greatest speed-dating exercise. Roughly a dozen new players are flirting with the banking industry, a heavily regulated sector that’s well aware the biggest liberalisation of the Singapore financial sector since…
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Wed, Aug 28, 2019 – 5:39 PM FUNDS under the Central Provident Fund Investment Scheme (CPFIS) delivered 1.9 per cent on average in the second quarter of 2019 ended June 30. Average returns from unit…
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