Until recently, any suggestion of fiscal prudence was quickly dismissed as “austerity” by economists on the left. But with higher interest rates fast becoming the new normal, the idea that any economic problem can be solved with more government borrowing has become untenable
The Singapore Fintech Association (SFA) has accredited four “buy now, pay later” (BNPL) service providers based on the guidelines outlined in its code of conduct promoting responsible lending practices and consumer protection.
Deutsche Bank has been appointed by Euroclear Bank as cash settlement and foreign exchange bank with the Korea Securities Depository (KSD). The mandate is to support South Korean government bond activity for Korea treasury bonds and monetary stabilization bonds.
ComfortDelGro Corporation, a Singapore-based multinational transport operator, has secured a S$100 million (US$73.47 million) financing facility to decarbonize its bus fleet in the United Kingdom.
CGS International Securities, formerly known as CGS-CIMB, has officially launched its new brand, aiming to double its revenue to S$700 million (US$513 million) by 2030 and become a leading investment house in Asia.