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Singapore to ease banks’ capital buffer rules
SINGAPORE: Singapore’s central bank announced further measures to boost bank lending, including relaxing capital buffer and liquidity requirements for lenders, to help mitigate the economic fallout from the coronavirus pandemic.
S'pore central bank brings forward disclosure of forex intervention ops
SINGAPORE: The Monetary Authority of Singapore (MAS) said on Monday it will begin the disclosure of its foreign exchange intervention operations in April to enhance the market's understanding of its monetary policy stance.
Golden jubilee and still going strong
ONE of Malaysia’s genuine and valiant servants of the game, Vellasamy Nellan, celebrates his golden anniversary as a pro golfer this year.
AirAsia’s burden adds on with asset-light strategy
AIRASIA Group Bhd has quite a bit going for it. It has cash, RM2.59bil of it, a strong business model and a brand-name that naturally is a crowd-puller in any markets it ventures.
Councillors who go the extra mile
WITH government resources stretched thin dealing with the Covid-19 pandemic, local councillors are stepping up to help communities in their respective areas.
Singapore banks offer to defer mortgage, SME loan payments
SINGAPORE: Singapore’s central bank said lenders will offer additional relief for consumers and companies battered by the sharp economic slowdown, including a freeze on mortgage and business loan payments and cuts to credit card rates.
Singapore banks offer to freeze mortgage, SME loan payments
SINGAPORE: Singapore’s central bank said on Tuesday (March 31) local lenders will offer additional relief for consumers and companies battered by the sharp economic slowdown and the Covid-19 (coronavirus) outbreak, including a freeze on mortgage and business loan payments and cuts to credit card rates.
Singapore banks offer freeze mortgage, SME loan payments
SINGAPORE (Bloomberg): Singapore’s central bank said local lenders will offer additional relief for consumers and companies battered by the sharp economic slowdown, including a freeze on mortgage and business loan payments and cuts to credit card rates.
Asia dealmakers look to distressed sales as M&As slump
HONG KONG/SINGAPORE: Asia's dealmakers are looking to distressed sales and a pick-up in take-private deals after fallout from the coronavirus outbreak sent first-quarter M&A activity to a seven-year low.
More flights from MAS to bring stranded M’sians home
PETALING JAYA: Malaysia Airlines (MAS) is reinstating some of its international flights between April and May to bring home Malaysians stranded overseas due to travel restrictions in many parts of the world.