Singapore Wirecard merchants scramble to jump ship
SINGAPORE merchants that use Wirecard to process payments are quickly switching to the beleaguered fintech's competitors, spooked by the downfall of the Wirecard parent that has collapsed into...
WP proposes SME bank, redundancy insurance in election manifesto; unveils final four candidates
A DEDICATED bank to help finance small and medium-sized enterprises' (SMEs) expansion overseas, minimum wage and redundancy insurance were among the proposals in the Workers' Party (WP) election...
WP proposes SME bank, redundancy insurance in its manifesto
WORKERS’ Party (WP) secretary-general Pritam Singh warned that there is a “real risk” of a wipe-out of elected opposition members of parliament (MPs) at the upcoming elections as he unveiled WP’s...
Resilient supply chains come from greater connectivity: MAS chief
COUNTRIES should resist the temptation to retreat behind respective borders, even as Covid-19 has revealed how dependent - and vulnerable - countries are on global supply chains, said Ravi Menon,...
Keeping supply chains open is one key global priority in the wake of Covid-19: MAS chief
COUNTRIES should resist the temptation to retreat behind respective borders, even as Covid-19 revealed how dependent – and vulnerable – countries are on global supply chains, said Ravi Menon,...
Non-resident deposits in Singapore jump 44% to record S$62b in April
SINGAPORE saw a record jump in deposits in April as investors rushed to park funds here given its status as a safe haven amidst global market volatility, said analysts.
Consumer loans dive in April as circuit breaker kicks in
CONSUMER loans in Singapore continued to dive in April, with credit card loans clocking their steepest fall on record as the Republic's circuit breaker took effect on April 7, keeping people at...
Credit card loans clocked sharpest fall on record in April amid Singapore's 'circuit breaker'
CONSUMER loans in Singapore continued to dive in April, with credit card loans clocking their steepest fall as the Republic's "circuit breaker" took effect on April 7, keeping people at home and...
Singapore rates unlikely to stay negative, but may remain low till 2021
SINGAPORE'S one-month Swap Offer Rate (SOR) fell briefly below zero last Wednesday for the first time since 2011, raising the spectre that the Republic could be following in the footsteps of other...
Singapore's financial position weaker in coming years: Heng
WITH almost S$100 billion set aside to combat Covid-19, Singapore's financial position will be "a lot weaker" in the coming years, and it will need to find ways to manage this "difficult financial...