financial services

Careers & Training

Singapore unveils plan to create 4,000 finance sector jobs

(Oct 30): Singapore wants to bolster its status as a wealth management and foreign-exchange center as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology.

Vibrant Group acquires ASX-listed thermal coal producer for $40 mil

SINGAPORE (July 13): Vibrant Group has acquired Blackgold International Holdings, a China-based thermal coal producer listed on the Australian Securities Exchange (ASX), for a consideration of A$36.6 million ($40 million).

Fintech

Life insurance startup Singapore Life raises $70 mil in funding

SINGAPORE (April 27): Singapore Life has raised US$50 million ($70 million) in Series A funding round led by Hong Kong listed Credit China FinTech Holdings through its subsidiary, Impact Capital Holdings, as well as UK-based investment firm IPGL Limited.

Fintech

How Singapore’s financial institutions are turning a threat into opportunity

SINGAPORE (April 6): In line with the global trend, 88% of respondents from Singapore’s financial institutions this year see financial technology (fintech) as a real threat to their revenue as compared to just 73% in 2016, according to a new report by P

Financial services companies need to make bespoke banking practical by knowing their customers

(Feb 13): If you could do your banking on Facebook and purchase investment products on Amazon and insurance through Google, would you? According to Accenture’s latest research, you might be tempted to if the offer is right, which poses a challenge to fi

Fintech

What Singapore’s financial sector could really use right now

SINGAPORE (Jan 12): Accenture, the global professional services company, has published a new report suggesting that as financial services firms look to integrate robot and human services, they face the challenge of blending a physical presence with advanc

ST Electronics security solution gains approval for UK government use

SINGAPORE (Dec 23): ST Electronics says its AgilFence Perimeter Intrusion Detection System (PIDS) has met the UK Centre for the Protection of National Infrastructure (CPNI) standard.

In print this week

Preparing for unpredictability

SINGAPORE (Dec 11): It has been an interesting year for jobs and employment in Singapore. On the one hand, jobs have been harder to come by, and more people are clinging on to their positions at work because of a lack of options.

Results

CWT’s 3Q earnings down 17% to $22 mil on lower trading volume, commodity prices

SINGAPORE (Nov 2): Logistics provider CWT reported a 17% drop in earnings to $22 million for 3Q16.
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