UOB taps fintech firm to make supply chain payments easier
WITH Singapore having the most suppliers selling on credit in the Asia-Pacific, United Overseas Bank (UOB) is aiming to ease cashflow pressures across businesses' supply chain.
Three wildly radical ways to fix Singapore
THERE are many reasons to feel pessimistic about the year. Never mind the heavy wave of anti-trade sentiment, the tensions in global politics and the slowing growth.
Faster, cheaper access to Singapore market soon for VC funds
VENTURE Capital (VC) funds looking to set up shop here can soon get approval in a matter of weeks and without capital requirements, as the Monetary Authority of Singapore (MAS) proposed on Wednesday...
Bad debt among SMEs falls in Q3 due to tightening credit terms: DP Info
THE level of bad debts among small and medium enterprises (SMEs) fell in the third quarter of 2016, as credit terms between SMEs and their customers continue to tighten, said DP Information Group on...
Singapore and Asia could huddle closer with IE-UOB pact
AMID the slow hum of economic growth, the urgent call for Singapore companies to go regional got another boost on Thursday as IE Singapore and UOB inked a partnership to open up business networks...
Singapore, the fintech prodigy
Two years ago, Jim Reichbach found himself working his way through a crush of entrepreneurs at a networking do in New York City. It was cocktail hour. Some 60 upstarts from the fintech scene were...
Spring to review criteria for key suite of business awards
SPRING Singapore will review its criteria for a key suite of business awards to add more focus on people development and innovation capabilities, said S Iswaran, Minister for Trade and Industry (...
Stress tests for banks becoming more crucial: Hng Kiang
GIVEN the fragility of global markets in a low-growth, low-rate environment, stress tests on banks will become an increasingly important and integral part of risk management in the financial sector,...
OCBC optimistic about growing loans to SMEs
OCBC sees pockets of loan growth even as economic expansion in Singapore and globally moderates, with its head of emerging business expecting a boost from government-led projects in the areas of...
MasterCard, IBM to offer big data analytics to smaller merchants
MASTERCARD and IBM on Wednesday said they will partner to offer smaller merchants with big data analytics.