Finance ministry says SRS withdrawal process ‘can be improved’, will work with banks on this

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FRI, JUN 20, 2025 Top Stories Finance ministry says SRS withdrawal process 'can be improved', will work with banks on this [SINGAPORE] The government will work with Supplementary Retirement Scheme (SRS) bank operators to smoothen account holders' process of withdrawing funds from their account. Singapore's banking hub has a busy corner where cash is still king [SINGAPORE] In the heart of Singapore, a financial hub where billions of dollars zip around the world over computer screens in nanoseconds, there's a crowded building where cash still reigns. C-suite on demand: Is Singapore ready to embrace fractional work? [SINGAPORE] In October 2022, marketing executive David Lim was laid off by his employer HappyFresh, a Jakarta-headquartered online grocery platform that was an early casualty of South-east Asia's funding winter. JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates [SINGAPORE] Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus, as well as from the initiatives of the Monetary Authority of Singapore (MAS), reports from JPMorgan and Macquarie indicated. HSBC names new head of wealth and premier solutions for Singapore [SINGAPORE] HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank's head of wealth and premier solutions (WPS). PODCAST Market Focus Daily: Friday, June 20, 2025 Asian shares edge up today; South Korea's share benchmark outperforms; The PBOC holds the benchmark lending rates steady; The Swiss National Bank cut rates to zero and gold prices ease half a percent. Other Good Reads Asean Business Business insights centering on South-east Asia's fast-growing economies. Breakfast Brief All the latest news you need to know to start your day, right in your inbox. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. MORE NEWSLETTERS FOLLOW US DOWNLOAD THE BT APPS ABOUT US CONTACT US HELP TERMS & CONDITIONS DATA PROTECTION POLICY ADVERTISE WITH US You are receiving this e-mail because you subscribed to the BT Breakfast Brief. We're keeping you updated with our Daily Debrief, which helps you catch up with breaking news you may have missed. If you no longer wish to receive the Daily Debrief, please click the link below to unsubscribe. If you want to unsubscribe from this mailing list,click here.