Financial Services
Singapore SMEs face record borrowing costs in 2024
Singapore's small and medium-sized enterprises (SMEs) are grappling with unprecedented borrowing costs and shrinking access to larger loans, according to a recent survey by Linkflow...
Yangzijiang Financial plans maritime investments spin-off
Yangzijiang Financial Holding has announced its intention to spin off its maritime investments segment into a newly formed company, which will be listed on the...
Singapore banks face earnings challenges ahead
Singapore banks are bracing for a challenging period as share prices have reached their peak, and downside risks to earnings are anticipated, according to a...
SSFA launches white paper on nature financing
The Singapore Sustainable Finance Association (SSFA) has unveiled its first white paper, "Financing Our Natural Capital: A practical guide for FIs getting started on nature...
HSBC opens new wealth centre in western Singapore
HSBC Singapore has launched its second Integrated Wealth Centre at The Star Vista, aiming to cater to the affluent clientele in western Singapore. This new...
Revolut reports $1.4bn profit in 2024
Revolut Group has announced a record profit of $1.4 billion for 2024, marking its fourth consecutive year of profitability. The fintech company saw its customer...
Standard Chartered appoints new head of client development
Standard Chartered has announced the appointment of Andrea Casati as the new Head of Client Development for Global Banking, effective 6 May. With a robust...
Surfin Meta secures $265m in funding round
Surfin Meta Digital Technologies, a Singapore-based fintech firm, has successfully completed a $265m funding round, with significant contributions from Woori Venture Partners, Washington University in...
Multipolitan unveils Crypto-Friendly Cities Index 2025
Multipolitan has launched its Crypto Report 2025, introducing the first-ever Crypto-Friendly Cities Index. The report highlights global hotspots attracting crypto wealth, innovation, and talent, with...
SC Ventures and A*STAR enhance AI for regulatory compliance
SC Ventures, the innovation arm of Standard Chartered, has completed two significant projects with Singapore's Agency for Science, Technology, and Research (A*STAR) to advance AI...
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