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ELIGIBLE non-bank financial institutions (NFIs) in Singapore will have direct access to the banking system's real-time retail payments infrastructure from February 2021, said the Monetary Authority of Singapore (MAS) on Monday.

SINGAPORE's bank lending in October fell for the eighth straight month on continued weakness in business loans, data from the Monetary Authority of Singapore showed on Monday.

UOB on Monday said it will set up an electronic foreign exchange (FX) pricing and trading engine in Singapore, acting as the hub to service the bank's client franchise.

FOREIGN exchange and equity market participants appear to be in denial about an over-borrowed UK economy that is experiencing the worst depression in three centuries.

UOB has secured more than S$3 billion of foreign direct investment (FDI) into Vietnam in alliance with Vietnam's Foreign Investment Agency (FIA) and is facilitating an additional pipeline of more than S$1.5 billion under an expanded Memorandum of Understanding (MOU) with FIA, said the bank on Friday....

THEY gather unloved in jars and under cushions, unearthed only when laundry needs doing. They rattle in coat pockets, music to some ears and a nuisance to others. They sink into fountains and lurk in wells, a fortune in wishes but a nightmare to sort and count....

UOB has secured more than S$3 billion of foreign direct investment into Vietnam in alliance with Vietnam's Foreign Investment Agency (FIA) and is facilitating an additional pipeline of more than S$1.5 billion under an expanded Memorandum of Understanding (MOU) with FIA, said the bank on Friday. ...

RESTRUCTURING specialist KordaMentha has been named liquidators of department store operator Robinson & Company (Singapore), according to a memorandum seen by The Business Times (BT).

THE formal nod from India's central bank for DBS to take over cash-strapped Lakshmi Vilas Bank (LVB), announced on Wednesday, will pave the way for South-east Asia's largest lender to gain full control of a sizeable branch network in India.

THE recent US presidential election has had an immediate impact on Thailand's economy, causing the baht to spike vis-a-vis the dollar, and economists say this is bad news for Thai exports.