SINGAPORE: With the viral nature of social media, it is important for the public to verify the truth behind news stories and online posts, Senior Minister of State for Defence and Foreign Affairs Maliki Osman said on Saturday (Sat 4), when asked about the ... ( read original story ...)
Singapore strengthens cyber defence with new organisation
Dealing with such security threats, including fake news, is increasingly important for the Singapore Armed Forces (SAF), which as a fighting force is relying more often on computer technology. Cyber warfare is a growing phenomenon. Dr Ng cited Ukraine's ... ( read original story ...)
Singapore police score high marks in public survey
The Singapore Police Force scored high marks in the latest public perception survey, Home Affairs and Law Minister K. Shanmugam revealed yesterday, in light of recent discussion about the public service. "An incredible number of the public holds the police ... ( read original story ...)
Singapore to deploy S$45m worth defence tech labs to counter terrorism and drone attacks
Singapore to deploy S$45m worth defence tech labs to counter terrorism and drone attacks Singapore is all geared up to launch two new defence tech labs to aid next-gen Singapore Armed Forces (SAF) in their counter-terrorism operations and prevention of ... ( read original story ...)
Raising taxes over time needed to boost Singapore revenues: Minister Heng
Finance Minister Heng Swee Keat said besides spending prudently and effectively there is a need to grow Singapore's revenue through new taxes or raising taxes over time. During his Budget 2017 round-up speech, the minister noted that this challenge of ... ( read original story ...)
UOB unveils virtual corporate credit card
The accounts payable component within the UOB Virtual Payment Solutions suite is offered in partnership with Visa Business Solutions and Invapay, a UK-based financial technology company. More From Singapore Business Review ( read original story ...)
Singapore Reveals Cyber Attack on Defense Ministry
On February 28, Singapore’s defense ministry (MINDEF) disclosed that a breach in an Internet-connected system earlier this month had resulted in the personal data of 850 national servicemen and employees being stolen. Though the impact of the breach was ... ( read original story ...)
Credit Suisse makes headway in digital space in Asia
Credit Suisse in Singapore has launched two solutions in the digital space to keep up with consumer expectations: digital client on boarding for private banking and automated account aggregation and reporting. Digital client onboarding for private ... ( read original story ...)
Credit Suisse Partners with Singapore based Fintech Firm Mesitis
Mesitis will enable the bank’s Singapore-domiciled clients who have accounts with Credit Suisse’s Singapore Branch to participate in a pilot program to gain access to Canopy that allows access to bankable and non-bankable assets across different ... ( read original story ...)
Stan Chart faces big “fight” for more ex-Barclays bankers in Asia
And it wants to poach bankers who’ve just moved from Barclays to Bank of Singapore. http://news.efinancialcareers.com/sg-en/213178/this-is-what-your-private-banking-salary-and-bonus-should-be-in-singapore/ The ex-Barclays bosses heading up Standard ... ( read original story ...)
Singapore inflation accelerates to 2-yr high, easing bets recede
SINGAPORE Singapore's inflation rose at its fastest pace in two years in January, led by services and oil-related items, virtually shutting out the prospect of further monetary policy easing at the central bank's next meeting in April. The all-items ... ( read original story ...)
Deutsche Bank Said to Review Options This Month for Capital (2)
(Bloomberg) -- Deutsche Bank AG plans to review strategic options over coming weeks that include a capital increase and the partial sale of its asset-management business, according to people with knowledge of the plans. The supervisory board is scheduled ... ( read original story ...)
Deutsche Bank Said Near Plan on $10.6 Billion Capital Raise (1)
(Bloomberg) -- Deutsche Bank AG is nearing a plan to boost capital by more than 10 billion euros ($10.6 billion) through an equity offering and the partial sale of its asset management unit, according to people with knowledge of the discussions. The ... ( read original story ...)
The Call: UOB stays overweight on Singapore banks
SINGAPORE (Feb 22): UOB KayHian is maintaining its “overweight” rating on the local banking sector, keeping DBS Group Holdings and Oversea-Chinese Banking Corp as its top buys. In a Monday report, UOB lead analyst Jonathan Koh says the outlook for 2017 ... ( read original story ...)
DBS launches enhanced digital wealth platform
A new offering from DBS is a first in Singapore, according to the bank, by allowing clients to conduct their banking transactions, manage their wealth and also trade on a single platform. A new offering from DBS is a first in Singapore, according to the ... ( read original story ...)
Government is keeping a close eye on business costs, economy: Lim Hng Kiang
SINGAPORE: The Government will continue to support local firms through challenges and is keeping a close eye on business costs, said Minister for Trade and Industry (Trade) Lim Hng Kiang at the Committee of Supply debate for his ministry’s budget on ... ( read original story ...)