Singapore banks may shop for buys as fears over bad debts recede
EYES will be on Singapore banks' acquisition plays in the region as the trio release their first-quarter results, with asset quality largely stable following the expiry of debt holidays.
Singapore bank lending up for fourth straight month
SINGAPORE's bank lending extended its growth streak for the fourth straight month in February, lifted by continued growth in housing and construction loans.
Family offices may drive SPAC growth in Singapore
THE rising number of family offices in Singapore may well drive issuances of special-purpose acquisition companies (SPACs) in Singapore.
Digital wallets to overtake credit cards by 2024 amid e-commerce boom: report
DIGITAL wallets are poised to overtake credit cards to become the most popular online payment method in Singapore by 2024 amid the e-commerce boom fuelled by the pandemic.
Singapore business loans in January up for 2nd month
BUSINESS loans in Singapore picked up for the second straight month in January as the economy gradually recovers from Covid-19 this year.
Essential bank staff in Singapore to get Covid-19 jabs
THE Singapore government will be offering Covid-19 vaccines to essential bank staff in the financial sector over several phases.
Singapore fintech GoBear folds business after six years
FINANCIAL services firm GoBear on Tuesday announced that it will close the business after six years due to its inability to raise more funds to continue operations amid the global pandemic.
Vaccines to hasten rebound of small and mid caps: DBS
SMALL- and mid-cap (SMC) stocks in Singapore are expected to catch up with the larger caps on attractive valuations against the backdrop of positive Covid-19 vaccine developments this year, says DBS...
Kori Holdings unit bags S$81.2m in six contracts
CONSTRUCTION services firm Kori Holdings on Monday announced that its subsidiary, Kori Construction, has clinched six contracts in three projects worth an aggregate of S$81.2 million between...
Grab's Ebitda unlikely to breakeven before 2023: Moody's
MOODY's Investors Service has assigned a first-time B3 corporate family rating (CFR) to Grab Holdings to reflect the firm's leading position in key regional markets as well as uncertainties around...