BANKS in South-east Asia must demonstrate stronger resolve to cut financing to high-carbon sectors as they play a critical role in supporting the region's emerging markets through the climate crisis.
UNITED Overseas Bank U11 expects "limited" impact in the near term from competition from new digital banks - with about 5 per cent of its revenue at risk - as it believes the Singapore banking market is highly penetrated and incumbent banks are "well trusted" by consumers.
OCBC Securities and Lion Global Investors will list a new exchange-traded fund (ETF) on April 28 that focuses on Singapore companies with low carbon intensity.
SINGAPORE'S crypto fraternity has smoothened out some "rough edges" with the Monetary Authority of Singapore (MAS) with regard to advertising curbs that were announced earlier this year and are working on a code of practice for self-regulation.
SINGAPORE'S crypto fraternity has smoothened out some "rough edges" with the Monetary Authority of Singapore (MAS) with regard to advertising curbs that were announced earlier this year and are working on a code of practice for self-regulation.
SINGAPORE'S crypto fraternity has smoothened out some "rough edges" with the Monetary Authority of Singapore (MAS) with regard to advertising curbs that were announced earlier this year and are working on a code of practice for self-regulation.
MORE people are heading to banks to get their hands on credit cards amid a confluence of factors relating to the easing of Covid-19 measures such as travel restrictions, banks polled by The Business Times said.
HUGOSAVE, an "all-in-one" digital account and mobile app, has obtained a major payment institution (MPI) licence from the Monetary Authority of Singapore (MAS).
THE "buy now, pay later" (BNPL) trend does not pose a significant risk as yet to consumer debt levels in Singapore, but a code of conduct for the industry will be launched in the second half of this year, the House was told on Tuesday (Apr 5).
