In the past decade, the finance industry in Singapore has undergone significant changes due to digital transformation, impacting how financial institutions and clients trade and communicate. As the industry faces new paradigms, companies must adapt quickly to remain relevant in the evolving landscape. With a focus on innovation and customer needs, financial institutions like PhillipsCapital are leveraging technology to enhance user experience and provide tailored services to a diverse client base, while maintaining a ‘high-tech, high-touch’ approach to build and maintain trust with clients across different demographics and generations.
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China’s ¥5.6 Trillion Real Estate Support Has Yet to Deliver. Here’s Why. – The Diplomat
China's real estate sector, once a key driver of economic growth, has become a drag on the economy since 2021, prompting Beijing to reverse stringent policies and introduce the real estate "whitelist" program to boost financing for viable projects. Despite approving $780 billion in loans since 2024, housing completions fell by 27.4% and developer financing declined by 17%, mainly benefiting state-owned developers while struggling private firms face difficulties securing funding, leading to a lack of...
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