Banks across Singapore will shut down several outlets till 4 May

Anticipating lower footfall due to the more stringent social distancing measures to…

MAS loosens capital requirements for financial institutions, but disallows share buybacks

The capital and liquidity requirements for banks during the pandemic have been…

Singapore banks creaking under relief measures and global lockdowns

The concurrence of recent relief measures and unprecedented lockdowns worldwide and regionally…

POFMA Office issues correction direction to Facebook user regarding post on Resilience Budget

The Protection from Online Falsehoods and Manipulation Act (POFMA) Office on Wed…

Columbia Sportswear’s CEO takes pay cut on own salary while continuing to pay employees amid COVID-19 crisis

The president and Chief Executive Officer (CEO) of Columbia Sportswear Company Tim…

STI slid 2.4%, shares fell following monetary easing by MAS

Following the adjustment on the country’s exchange rate-based monetary policy on Monday…

Resilience Budget: Arts and culture sector to receive additional S$55 million aid package, support in upskilling and digitalisation

Singapore’s arts and culture industry will receive an additional S$55 million in…

COVID-19: M’sia announces “people-oriented” RM250 billion relief package

Malaysia will be channelling RM250 billion — or nearly S$83 billion —…

Japan likely to face “worst recession” since 2008 crisis due to COVID-19: Economists

The world’s third-largest economy appears to be heading towards its “worst recession”…

Migrant workers need GST relief as they suffer “immense” financial pressures: NMP Anthea Ong

The amendment bill for Goods and Services Tax Voucher (GSTV) Fund has…