DBS Logged Two Digital Banking Outages in 2025—What Has Improved Since Curbs Were Lifted?

Editor’s note: This is a sober operational readout, not an outrage piece. We cover the timeline, what customers should do during incidents, and how banks can raise resilience. The timeline On Mar 8, 2025, DBS suffered an overnight disruption affect

Singapore to Consolidate National Schemes under “Singapore Payments Network (SPaN)”

Editor’s note: This piece explains what SPaN is, why MAS and ABS created it, and what consumers, SMEs, and banks should expect over the next 12–18 months. What happened The Monetary Authority of Singapore (MAS) and the Association of Banks in Sin

Singapore Banks Report Stable Earnings Despite Global Uncertainty

Singapore’s major banks have posted steady earnings for the second quarter of 2025, supported by resilient domestic demand and prudent risk management. DBS, the country’s largest bank, reported a net profit of SGD 2.1 billion, slightly above anal

Green Finance Gains Momentum as Banks Push ESG Initiatives

Singapore’s banks are rapidly expanding their sustainable finance portfolios, issuing green bonds and ESG-focused loans to meet growing corporate and investor demand. DBS, OCBC, and UOB have all stepped up efforts in green financing, with DBS recen

Wealth Management Services See Surge Among High-Net-Worth Clients

Private banks and wealth managers in Singapore are reporting increased demand from high-net-worth individuals (HNWIs) seeking diversified investment and asset protection strategies. In the first half of 2025, Singapore witnessed a surge in private ba

Singapore Tightens Digital Banking Rules to Enhance Consumer Protection

The Monetary Authority of Singapore (MAS) has announced a new set of regulatory measures aimed at strengthening consumer protection in the country’s fast-growing digital banking sector. Full Article: Singapore’s financial regulator, the Monetary

Cross-Border Payment Partnerships Expand in Singapore Banking Sector

Local banks in Singapore are accelerating partnerships with fintech firms to strengthen their cross-border payment networks, driven by rising regional trade and remittance flows. Full Article: Singapore’s major banks, including DBS, UOB, and OCBC,

Singapore Cuts Family Office Setup Time to Just Months, Boosting Attractiveness

Singapore has accelerated the process for qualifying ultra-high-net-worth individuals to set up private banking accounts and access tax incentives—shortening it from a year to approximately three months—to reinforce its position as a preferred gl

MAS Injects S$1.1 Billion into Asset Managers to Revive Equity Market

Singapore’s central bank launched a S$5 billion Equity Market Development Programme, deploying S$1.1 billion to select asset managers to help rejuvenate the local stock market and attract deeper institutional participation. As part of its strategy

MAS Warns of Slower Growth Ahead While Upholding Regulatory Vigilance

The Monetary Authority of Singapore (MAS) cautioned that while Q2 saw a surprising 4.3% GDP rise, growth will likely slow in the latter half of 2025 amid trade tensions and global uncertainty. Still, Singapore's financial system remains robust with M