The event was inspired by the Singapore government’s Smart Nation initiative, which aims to identify solutions that use connectivity and technology to improve the life of ordinary people, particularly in areas such as transportation, infrastructure and ... ( read original story ...)
Grab, Uber’s Southeast Asian rival, likely to seek funds, eyes financial services
Building on soaring user numbers of its Grab ride-hailing app and GrabPay function, the five-year-old start-up aims to transform into a consumer technology firm that ... NO NEED TO LIST The Singapore-based startup raised $750 million in a funding round ... ( read original story ...)
Indonesians among top-three buyers of Singapore property
The reasons behind Indonesian purchases are varied; some buy because their children are studying in Singapore or they need routine medical check-ups, while others buy the property merely for investment or security. (Shutterstock/beersonic) Indonesian ... ( read original story ...)
OCBC Bank unveils “HR in your pocket” app
OCBC has become the first bank in Singapore to launch a human resource (HR) mobile app for its employees. The app, called “HR in your pocket”, includes an artificial intelligence (AI)-powered chatbot that is integrated with the bank’s HR information ... ( read original story ...)
Singapore business confidence improves for 2nd straight quarter despite downside risks
SINGAPORE - Business confidence in Singapore improved for the second consecutive quarter despite downside risks, the a quarterly survey found. According to Singapore Commercial Credit Bureau (SCCB)'s latest Business Optimism Index (BOI), the level of ... ( read original story ...)
Singapore local businesses are getting optimistic for Q3
It would seem like firms in Singapore are getting optimistic with their operations for the next quarter, as the business optimism index (BOI) study released by the Singapore Commercial Credit Bureau (SCCB) showed. According to the study, the business ... ( read original story ...)
Singapore identifies four frontier technology focus areas for digital economy
Minister of Communications and Information, Dr. Yaacob Ibrahim (above) outlined four four frontier technology focus areas for the development of Singapore’s digital economy in his speech at the the Infocomm Media Business Exchange (imbX) opening ceremony. ( read original story ...)
Wanted Singapore bank robber gets jail in Bangkok
The Criminal Court has sentenced a Canadian wanted in Singapore for robbing a bank to 14 months imprisonment on currency and money laundering charges. David James Roach, 28, fled to Thailand after allegedly robbering a bank in Singapore last year. ( read original story ...)
HSBC Bank launches international digital networking platform for business clients
SINGAPORE - HSBC Bank has launched a digital networking platform for its business clients to connect with each other. The HSBC Connections Hub is designed to enable the bank's clients to use HSBC's global network to connect with trusted buyers and sellers ... ( read original story ...)
Singapore Stocks: More Room to Rally?
Banks are poised to be among the biggest beneficiaries of a stronger economy. Jefferies recently upgraded Singapore’s biggest lender DBS Group (D05.SG) from neutral to buy. Even though margin reflation and asset quality stabilization are still in the ... ( read original story ...)
Where are Interest Rates Headed? DBS Group Holdings Ltd’s CEO Shares His Thoughts
Singapore’s largest bank, DBS Group Holdings Ltd (SGX: D05), is expecting two interest rate hikes this year. The bank has also guided to achieve a net interest margin (NIM) of 1.8% for 2017. For perspective, DBS Group achieved a net interest margin of 1 ... ( read original story ...)
Ride-hailing firm Grab says likely to raise funds in near future
In five years, Grab's network has grown from 40 drivers in one country to over 930,000 across 55 cities in seven countries including Singapore, Indonesia, Vietnam and the Philippines. The Singapore-based startup raised $750 million in a funding round in ... ( read original story ...)
Thais jail Singapore bank ‘note’ robber for 14 months
A Thai court on Tuesday sentenced a Canadian man to 14 months in jail for crimes linked to a rare bank robbery in Singapore where he allegedly used nothing more than a threatening note to steal $22,000. According to authorities in Singapore, a city-state ... ( read original story ...)
Thailand jails man who robbed Singapore Standard Chartered bank for 14 months
BANGKOK: A Thai court on Tuesday (Jun 6) sentenced a Canadian man to 14 months in jail for crimes linked to a rare bank robbery in Singapore where he allegedly used nothing more than a threatening note to steal US$22,000. According to authorities in ... ( read original story ...)
Business confidence improves in Q2
The services sector is the most optimistic. Business sentiments in Singapore have recovered in the second quarter of this year following a pessimistic outlook in the preceding quarter. According to Singapore Commercial Credit Bureau (SCCB)’s latest ... ( read original story ...)
Singapore, Hong Kong and Japan first in Asia to get new iPad Pro
Some of the most exciting news out of Apple's WWDC conference was the announcement of two new iPad Pros. But if you live in Asia and want one, you may need to do some travelling. The 10.5- and 12.9-inch tablets will hit Singapore and Hong Kong on June 13 ... ( read original story ...)