Renald Yeo

Renald Yeo

JOURNALIST

Renald writes about banks for The Business Times. Before that, he tracked macroeconomic trends and SME struggles.

Across the broader market, losers outnumbered gainers 287 to 226.

Singapore shares edge higher as regional markets end mixed; STI up 0.1%

The iEdge Singapore Next 50 Index also gains 0.1%, rising 1.35 points to 1,435.99

Abu Dhabi (pictured) is the capital of the United Arab Emirates.

‘Deep respect’: Abu Dhabi seeks deeper ties, stronger investment flows with Singapore

Trade between the UAE and Singapore exceeds US$18 billion in 2024

Asian investors are moving from being 'capital takers to capital allocators on a global stage', says Sumeet Bhambri, global head of advisory and managed investment, wealth solutions at Standard Chartered.
ASIA WEALTH IN SIGHT

Where clarity meets legacy: How Standard Chartered guides the next generation of wealth

The bank’s ‘Today, Tomorrow, Forever’ framework helps families organise and navigate their wealth across three interconnected time horizons

The panellists were speaking on the second day of the four-day Abu Dhabi Finance Week.

Globalisation ‘is gone’, plurilateralism on the rise, says Temasek chief

Cooperative arrangements gain prominence as governments build alternative trade and investment links

Temasek CEO Dilhan Pillay's comments at the Abu Dhabi Finance Week build on remarks at the investment company’s annual review in July, where he pencilled plans to increase exposure to core-plus infrastructure.

Private credit, core-plus infrastructure could offer ‘good risk-reward’ in 2026: Temasek CEO

The appeal lies in the stable cash yields such assets generate over time

The proposal applies to jurisdictions that use the International Financial Reporting Standards, a global rulebook followed by more than 140 countries, including Singapore.

How banks handle interest rate swings may soon be clearer to investors

Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model

Even as AI boosts productivity, OCBC is preparing for a deeper technological shift, says Praveen Raina, the bank’s head of group operations and technology.
THE BANKER

Why AI is now embedded ‘in almost everything we do’: OCBC’s Praveen Raina

The bank is investing in talent and expanding research partnerships with universities

Riders, which are paid fully in cash, are optional add-ons that reduce out-of-pocket costs by covering deductibles and co-payments.

‘Don’t be Fomo’, wait for clarity on revised premiums before renewing IP riders: advisers

Under the revised rules, premiums for new riders are expected to fall by about 30%

Existing policyholders will not be affected, and insurers may continue selling riders under the current regime until Mar 31, 2026.

MOH scraps full-deductible IP riders to tame rising private healthcare bills

The co-payment cap, which applies after the deductible, will also double to S$6,000

Riders are optional add-ons to an Integrated Shield Plan. They are meant to reduce one's out-of-pocket costs when making a hospital claim.
BT EXPLAINS

New IP rider rules: What stays, what goes, and how it affects you

MOH hopes removing riders that fully cover the deductible will maintain ‘cost discipline’ and reduce unnecessary admissions, tests and overnight stays