Financial Services
DBS Group Holdings ranks 24th in top banks list for Q1 2025
The top 25 global banks experienced a 20.1% year-on-year (YoY) increase in market capitalisation (MCap), reaching $4.7t by the end of the first quarter of...
Aleta Planet launches cashless payment app for Muslims
Singapore fintech company Aleta Planet has introduced MPLUS Aleta, a digital payment app designed to cater to the financial needs of Muslim communities across Southeast...
Airwallex reports 153% revenue growth in Singapore
Global payments and financial platform Airwallex has announced a remarkable 153% revenue growth in Singapore for the financial year 2024, driven by robust transaction volumes...
Bizcap launches in Singapore to support SMEs
Australian lender Bizcap has officially launched its operations in Singapore, aiming to provide fast and flexible funding solutions to the country's small and medium-sized enterprises...
GXS Bank launches GXS Reno Club for affordable home renovations
GXS Bank has unveiled the GXS Reno Club, a new initiative aimed at making home renovations more affordable for consumers. With 17,000 new build-to-order (BTO)...
MAS honours former leader Lee Ek Tieng
The Monetary Authority of Singapore (MAS) has expressed its sorrow at the passing of Lee Ek Tieng, who served as the organisation's Managing Director from...
UOB injects fresh capital into Vietnam subsidiary
United Overseas Bank (UOB) has announced a significant capital injection into its Vietnam subsidiary, increasing its charter capital to VND10t (S$520m ). The fresh injection...
National Bank of Cambodia joins regional payment initiative
The National Bank of Cambodia (NBC) has officially joined the Regional Payment Connectivity (RPC) initiative, marking a significant step towards enhanced financial integration in Southeast...
Standard Chartered appoints David Hardoon as AI head
Standard Chartered has appointed David Hardoon as the Global Head of Artificial Intelligence (AI) Enablement, effective from 7 April 2025. Based in Singapore, Hardoon will...
CIMB study reveals Singaporeans’ financial independence goals
CIMB Singapore, in collaboration with the Nanyang Centre for Marketing and Technology, has released a report detailing Singaporeans' aspirations for financial independence. The study, conducted...
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