Financial Services
ISCA taskforce tackles weak financial reporting
The Institute of Singapore Chartered Accountants (ISCA) has unveiled a new taskforce designed to bolster financial reporting and investor confidence in Singapore. Announced at the...
Tencent Cloud disrupts Malaysian banking with AI
Tencent Cloud has announced a strategic partnership with Ryt Bank to introduce AI-powered banking solutions in Malaysia. This collaboration aims to revolutionise the digital banking...
Syfe launches joint accounts as survey reveals financial management gap among Singapore families
Syfe, a leading investment platform in the Asia Pacific, has launched Joint Accounts in Singapore, a pioneering feature for digital wealth platforms in the region....
Banks set record NOII despite slight decline in net interest income
According to the SGX Research report, DBS, Oversea-Chinese Banking Corp (OCBC), and United Overseas Bank (UOB) have reported a combined non-interest income (NOII) of S$5.16b...
HSBC disrupts health sector with new integrated offering
HSBC Singapore has launched the nation's first bank-led integrated health, wellness, and longevity service under its Premier offering. This new initiative provides Premier clients with...
Raffles Education propose refinancing and special dividend
Raffles Education Limited has announced a proposed refinancing exercise aimed at replacing existing debt with new long-term securities. The company intends to buy back S$35.03m...
CIMB strengthens leadership with Mak Joon Nien appointment
CIMB Group Holdings Berhad has announced the appointment of Mak Joon Nien as Chief Executive Officer of Growth Markets and CEO of CIMB Singapore, pending...
OCBC profits rise despite interest income drop
Oversea-Chinese Banking Corporation Limited (OCBC) has announced a 5% year-on-year increase in net profit for the first quarter of 2026, reaching S$1.97b. This growth was...
CIMB offers first-of-its-kind salary account
CIMB Bank Berhad has introduced a pioneering salary account that includes complimentary Takaful protection, aiming to bolster financial resilience among Malaysia's workforce. This innovative offering,...
UOB profit falls 4% YoY in Q1 2026
UOB Group has announced a net profit of S$1.4b for the first quarter of 2026, marking a 2% increase from the previous quarter. However, this...
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