Singapore Fintech Association launches grants and jobs portal

20 Jul 2020 - Singapore Business Review
Job seekers can access the latest job postings, grants, and news in the fintech space. The Singapore Fintech Association (SFA) has officially launched the Grants and Jobs portal, an announcement revealed. Using the portal, job seekers can access the latest job vacancies, available grants, relevant training ...
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Daily Briefing: Over 10,600 companies tapped loans through Enterprise Singapore; Singapore Tourism Board unveils new campaign

15 Jul 2020 - Singapore Business Review
And applications for school placement exercise for returning Singaporeans open on 15 July. From ChannelNewsAsia: More than 10,600 companies have taken up loans amounting to about $9.4b under schemes overseen by Enterprise Singapore in the last four months from March to June, according to an announcement. ...
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Meet Southeast Asia's game changers at SBR's Asian Business Case Studies Awards

2 Jul 2020 - Singapore Business Review
Use cases saw a telco working on Singapore’s Night Festival as well as Thailand’s leading procurement specialist. This year’s awards did not fail to deliver a fresh new batch of solutions that should certainly be on every company’s wishlist as enterprises re-evaluate and forge partner ecosystems to grapple ...
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MAS sets out expectations for FIs' environmental risk management

29 Jun 2020 - Singapore Business Review
FIs are expected to include environmental considerations in their business plans. The Monetary Authority of Singapore (MAS) has issued a set of three consultation papers on its proposed guidelines on environmental risk management for banks, insurers and asset managers, the regulator announced in a press ...
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MAS issues consultation papers on Environmental Risk Management Guidelines for financial institutions

25 Jun 2020 - The Edge Markets
SINGAPORE (June 25): The Monetary Authority of Singapore (MAS) has issued a set of three consultation papers on its proposed Guidelines on Environmental Risk Management (Guidelines) for banks, insurers and asset managers. The guidelines, which are part of MAS’s Green Finance Action Plan, seek to enhance ...
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Financial institutions may reopen branches, resume in-person meetings: MAS

16 Jun 2020 - Singapore Business Review
They must implement all safety measures and maintain a record of meetings. Singapore’s financial institutions (FIs) can progressively reopen closed branches and resume face-to-face meetings with customers when the country moves to phase 2 of reopening on 19 June, according to the Monetary Authority of ...
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MAS launches $1.75m global fintech innovation challenge

9 Jun 2020 - Singapore Business Review
It comprises the MAS FinTech Awards and the Global FinTech Hackcelerator. The Monetary Authority of Singapore (MAS) has launched the $1.75m MAS Global FinTech Innovation Challenge, which seeks innovative solutions that can help financial institutions respond to COVID-19 and climate change, the regulator ...
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Singapore's financial sector agile and 'resilient' amid Covid-19: MAS's Ravi Menon

3 Jun 2020 - The Edge Markets
SINGAPORE (June 3): The financial sector in Singapore has been “remarkably resilient” amid Covid-19, says Ravi Menon, managing director of the Monetary Authority of Singapore (MAS). The remarks were made in his speech given at the fireside chat at ACI Live Aid: Financial Markets Give Back Zoom Video ...
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Finance firms must prepare for extended period of risk management: MAS

3 Jun 2020 - Singapore Business Review
Close to 85% of the financial industry worked from home during the circuit breaker. Financial institutions must prepare to operate in a prolonged environment of health and safety management, Managing Director Ravi Menon of the Monetary Authority of Singapore (MAS) in a Zoom video conference at the Fireside ...
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Circuit breaker spells downturn in loan growth

1 Jun 2020 - Singapore Business Review
Consumer loans were mostly affected, shrinking 0.9% MoM, OCBC said. The beginning of the Circuit Breaker in April marked the decline of bank loan growth for the second straight month, contracting 0.4% MoM (2% YoY), its slowest since July 2019, according to an OCBC report. The circuit breaker hindered ...
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