banks

Sustainability: the rise of green agendas

SINGAPORE is showing strong international leadership on its sustainability drive, with ambitious and concrete targets as part of a new initiative called the Singapore Green Plan 2030.

No significant increase in fraud, cyber-risk incidents from remote working in 2020: MAS-ABS

THE Singapore banking system did not observe any significant increase in operational, fraud and cyber-risk incidents from remote working in 2020, compared with a year ago.

SBF, trade bodies lead way on fair employment

THE pledge made by the 29 trade associations and chambers (TACs) to support fair hiring and employment practices is as much a commitment to the Singapore core as it is a commitment to hiring based...

Singapore, Shanghai to boost collaboration in financial services, innovation

SINGAPORE and Shanghai will strengthen collaboration in financial services and innovation, as the latter develops the China (Shanghai) Free Trade Zone and spearheads the integration of the Yangtze...

Use of banks for financing relatively limited among Singapore youth

THE use of banks as a financing source is still relatively limited among Singapore youths, who chose banks as their fourth go-to source of funding, after their own savings, family and friends, and...

New IBF-MAS survey to project job losses, placements in financial sector

A NEW survey to project job losses and upcoming job placements in the financial sector will be launched by the Institute of Banking and Finance (IBF) and the Monetary Authority of Singapore (MAS...

Higher salary floor for foreign hires may put financial hub aspirations at risk

RAISING the salary threshold for Employment Passes (EPs) amid recessionary pressures can encourage financial institutions to hire locals, but some economists think such a "protectionist response"...

Guidelines for investors to survive the Covid-19 economic crisis

THE world is no stranger to economic crises. But no two crises are the same.

Face-to-face client meetings and more bank branches to open when financial sector moves to Phase 2: MAS

SINGAPORE financial institutions can reopen shuttered branches and staff can meet their customers face to face again from Friday, the Monetary Authority of Singapore (MAS) has said.

9 in 10 bids to defer mortgage payments get approval

BANKS have approved about nine in 10 applications by property buyers to defer the payment of their mortgages.

This corporate reporting season will provide a reality check on stock rally

ALTHOUGH the Singapore Exchange (SGX) has made quarterly reporting (QR) voluntary, most companies in the Straits Times Index (STI) have decided to continue with it, which will give investors an...