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Buy a Dior lipstick in three instalments? Here’s how young consumers are doing it

COSMETICS giant Sephora has begun advertising its buy-now-pay-later (BNPL) offering in Singapore, where customers can buy makeup and pay in three interest-free monthly instalments.

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Buy a Dior lipstick in three instalments? Here’s how young consumers do it

COSMETICS giant Sephora has begun advertising its buy-now-pay-later (BNPL) offering in Singapore, where customers can buy makeup and pay in three interest-free monthly instalments.

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Broker’s take: CGS-CIMB upgrades Singapore banks; dividends back in focus

CGS-CIMB has turned more positive on Singapore banks, as the brokerage expects credit costs to peak this year with asset quality holding steady moving forward.

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S$35m grant to help smaller financial institutions adopt digital solutions

THE Monetary Authority of Singapore (MAS) on Monday announced the launch of a S$35 million Productivity Solutions Grant (PSG) to help smaller financial institutions adopt digital solutions for "more streamlined data reporting" to the regulator.

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Gen Z youth more interested in digital investment: OCBC

DIGITAL investments made by Gen Z youth have tripled over the past year, data from OCBC found, with micro-investing, which allows investors to start investing with very low minimum investment amounts, a hit among the group.

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Sub-1% mortgages draw well-heeled borrowers

BUYING a private home just got cheaper with a promotional rate of sub-1 per cent offered by Citibank.

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7 in 10 SMEs confident of repaying loans in 2021: DBS

SEVEN in 10 small and medium-sized enterprises (SMEs) in Singapore's most embattled sectors are confident of meeting their repayment obligations for government-backed loans in 2021, said a DBS survey.

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Bitcoin on course to test 20,000

BITCOIN was started in 2009 when a man by the name of Satoshi Nakamoto first launched the cryptocurrency through an open-source platform. The blockchain technology garnered the attention of the relatively obscure tech market, and prices of one Bitcoin grew from US$0.30-5.27 in 2011 alone.

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Pay later, not never: What ‘buy now, pay later’ spells for consumer debt and the easy credit business model

BNPL pioneer Klarna is now the highest valued fintech in Europe with a valuation of over US$10.6 billion. Australia's first mover Afterpay recently doubled its full-year revenue to A$519.2 million (S$497.8 million) for the financial year ended June 30, 2020.

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New life insurance sales in Singapore up 18% to S$1.32b in Q3

SINGAPORE'S life insurance industry saw new business, in terms of total weighted premiums, rise 18 per cent to S$1.32 billion for the third quarter, compared with S$1.12 billion a year ago.

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