Grab, Wise and Liquid Group are the first payment providers to adopt the Singapore Fintech Association’s voluntary code of conduct, which requires upfront disclosure of fees, exchange rates and mark-ups.
UOB Targets S$900 Million In Economic Value From AI By 2030 Under Champions Of AI Programme
UOB aims to generate S$900 million in economic value from AI by 2030 under Enterprise Singapore’s Champions of AI programme, with 11 initiatives across compliance, credit, collections and relationship management.
OCBC Ranked Third Among World’s Strongest Banks, Tops Asia Pacific In The Asian Banker List
OCBC is the first Singapore bank to finish in the global top three of The Asian Banker’s World’s 1,000 Strongest Banks ranking, behind only JPMorganChase and Saudi National Bank.
Singapore Takes 53% Of Asia’s Q3 Fintech Funding On Ant International, Crypto.com Mega-Rounds
Fintech firms in Singapore raised a record US$1.7 billion in the third quarter, more than half of Asia’s US$3.2 billion total, according to CB Insights data.
Singapore Core Inflation Eases To 2% In September; MAS And METI Say Risks Tilted To Upside
Core inflation slowed to 2% in September from 2.2% in August, with services and retail price increases moderating, according to MAS and METI.
Keppel Infrastructure Trust Nine-Month Distributable Income Up 12.3% To S$140.1 Million Before Divestment Gains
KIT’s underlying distributable income for the nine months to September rose 12.3% on gains from energy transition assets, though the reported figure fell 17% against a year-earlier base boosted by a divestment gain.
Sea To Offer Its In-House Cloud To Enterprises As AI-First Sea Cloud, Eyes Monee Listing
Sea Ltd will offer the cloud platform behind Garena, Shopee and Monee to businesses as Sea Cloud, Forrest Li told staff, adding that Monee could go public.
Keppel DC REIT Nine-Month DPU Rises 11.7% To 8.571 Cents On Acquisitions And Rent Gains
Keppel DC REIT’s distributable income rose 16.7% to about S$228 million for the nine months to September, with DPU up 11.7% despite a larger unit base.
MAS To Back SIAS In Producing IPO Guides For Retail Investors
MAS will support SIAS in developing free IPO Guides that distil key information from offer documents, while listing reviews are set to move under SGX RegCo from January 2027.
Keppel, Sembcorp And Tuas Power Picked For Singapore’s 300MW Biomethane Import Sandbox
EDB has appointed the three power generators as biomethane aggregators under a 15-year sandbox, with first supplies expected by the end of 2028.