Financial Services
MAS forces AI risk controls on finance sector
The Monetary Authority of Singapore (MAS) has announced the completion of phase two of Project MindForge, culminating in the release of an Artificial Intelligence (AI)...
UOB secures low 1.83% coupon for RMB5B bond
United Overseas Bank (UOB) has successfully issued a RMB 5b three-year Panda bond at a coupon rate of 1.83%, marking its third entry into the...
APAC fraud surges 65% as AI attacks escalate
The latest report from Sumsub highlights a significant 65% increase in fraud across the Asia-Pacific (APAC) region, as AI-driven fraud becomes more common. Released on...
Jardine Matheson boosts profit by 11% in 2025
Jardine Matheson Holdings Limited (JMH) has announced its 2025 preliminary financial results, revealing a robust performance with an 11% increase in underlying net profit to...
DBS expands SecureFX amid market volatility
DBS Bank has announced the expansion of its foreign exchange service, DBS SecureFX, to all corporate customers in Singapore. Initially launched in March 2025 for...
Moomoo Singapore opens third store, challenges investor education norms
Moomoo Singapore has launched its third physical store in Bugis, marking its largest location in Southeast Asia. This new store is part of Moomoo's "phygital"...
Retirement surge forces APAC first-time CFO rise
A significant wave of retirements is reshaping the CFO landscape in the Asia Pacific (APAC) region, according to the latest Global CFO Turnover Index by...
SME Bank faces leadership shift with new chairman
Small Medium Enterprise Development Bank Malaysia Berhad (SME Bank) has announced the appointment of Zulkiflee Hashim as its new chairman, effective 6 March 2026. Zulkiflee,...
Singapore women in finance drive entrepreneurial surge
A recent survey by the Association of Chartered Certified Accountants (ACCA) reveals a significant rise in entrepreneurial aspirations among women in Singapore's finance sector. According...
AEON Bank app launch makes Zakat payments seamless
AEON Bank, Malaysia's first digital Islamic bank, has introduced a new feature on its digital banking app to facilitate Zakat payments during Ramadan. This initiative...
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