NTUC Income

Singapore Fintech Festival 2022

Revised industry transformation map puts local talent development at the core

MAS forecasts the financial sector to grow by an average of 4% to 5% p.a. between 2021 and 2025, creating more than 3,000 jobs.
StanChart, FairPrice-backed Trust Bank officially launches, offers first-to-market numberless credit card - THE EDGE SINGAPORE

Company in the news

StanChart, FairPrice-backed Trust Bank officially launches, offers first-to-market numberless credit card

Trust offers rewards of up to 21% as a promotional launch rate on everyday spending at FairPrice’s touch points.

Results

NTUC Income reports premium growth for FY2021 but lower net operating surplus on fair value loss

"As a company, we banded together and emerged stronger to close 2021 with a set of credible results."
Leveraging automation, AI and analytics to better compete in the digital economy - THE EDGE SINGAPORE

Digital Economy

Leveraging automation, AI and analytics to better compete in the digital economy

How are some organisations using automation, AI and analytics to enhance their business processes to win in the digital age?
With eye on regional growth, NTUC Income to corporatise - THE EDGE SINGAPORE

Finance

With eye on regional growth, NTUC Income to corporatise

The proposed corporatisation exercise is expected to be completed in the second half of 2022.
NTUC Income launches micro investment-linked plan with premiums starting from $1 - THE EDGE SINGAPORE

Disruption and Digitalisation

NTUC Income launches micro investment-linked plan with premiums starting from $1

SNACK Investment allows consumers to purchase an ILP via micro-premiums of between $1 to $10 linked to lifestyle activities.

Deals, joint ventures & alliances

Grab, NTUC Income launch critical illness micro-insurance for drivers

SINGAPORE (Aug 1): Grab’s insurance arm, GrabInsure, and NTUC Income have jointly launched Southeast Asia’s first micro-insurance plan – Critical Illness: Pay Per Trip (CIPPT).

Disruption and Digitalisation

Singtel offers mobile remittance service with personal insurance cover

SINGAPORE (July 25): Singtel is making its foray into the insurance market by rolling out Singapore’s first prepaid data plan and Dash mobile remittance service that comes with personal insurance cover, provided by NTUC Income and with premiums paid for

Commentary

Singapore's Grab can't afford to fail finance

(Jan 16): After sending rival Uber Technologies Inc packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab has set itself a stiffer target. It wants to be a regional super-app.

Property

High pre-leasing level at Paya Lebar Quarter is good news for Singapore office market: DBS

SINGAPORE (June 12): DBS Group Research remains confident that the Singapore office market remains on a multi-year upturn given modest new supply over the next 3-4 years.
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