Speficially, we look to China, where cash has essentially given way to mobile payments already, to get more clarity to probe into what must be done in Singapore to truly kill cash. Understanding how WeChat became the de-facto mode of payment in China ... ( read original story ...)
OCBC first Singapore lender to launch face ID recognition for mobile app
OCBC Bank's retail and business banking customers can now log into the bank's app via their Apple iPhone X. The bank said it's the first in Singapore to offer such biometric technology. By leveraging Apple's Face ID facial recognition technology, OCBC Bank ... ( read original story ...)
Singapore’s Fintech Strategy Is Evolving, Central Bank Chief Says
Singapore’s vision and strategy for developing financial technology is evolving with rapid technological and industry changes, Monetary Authority of Singapore chief Ravi Menon said, as the regulator prepares for its second FinTech Festival next week. ( read original story ...)
Singapore to put residents’ medical history in electronic database
which is the national technology agency for healthcare. “The methods we use are very similar to how the Inland Revenue Authority of Singapore, for example, protects its tax database when it collects information from thousands of companies,” he said. ( read original story ...)
Oil falls on lower Chinese crude imports; overall market well supported
SINGAPORE (Reuters) - Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported because of OPEC-led supply cuts. Traders said they were closely eyeing ... ( read original story ...)
Growing Tourism in Singapore, but Falling Hotel Industry? (Airbnb, PCLN)
An interesting article caught our attention recently. Boosted by growing wealth of the Chinese middle class who are enjoying overseas vacations more than ever, Singapore seems to be enjoying a healthy growth in its tourism industry. However, there was an ... ( read original story ...)
Singapore a success story in urban planning, says former HDB CEO
View of rush hour traffic in Singapore. Singapore’s former master planner Dr Liu Thai Ker said the city-state is a success story in urban planning due in part to strong government support. Speaking to attendees on Tuesday (7 November) at PropertyGuru’s ... ( read original story ...)
HSBC Singapore Rugby Sevens 2018 names PR and social partner
Rugby Singapore has named Elite Step Asia (ESA) as its communications, public relations and social media agency for the HSBC Singapore Rugby Sevens tournament, scheduled to occur on 28 and 29 April 2018. In a statement to Marketing, a spokesperson for ... ( read original story ...)
Razer IPO priced at top end of range
A huge response from Hong Kong retail investors has prompted Singapore-based gaming tech firm Razer to price its initial public offering (IPO) at the top end of the range it initially outlined. The Hong Kong public tranche was 289 times oversubscribed ... ( read original story ...)
DBS Q3 net profits collapse 23%
SINGAPORE: DBS reported a surprise 23 per cent year-on-year drop in its net profit for the third quarter, largely due to hefty provisions on its exposure to the oil and gas industries. The bank, Southeast Asia’s largest lender, said on Monday (Nov 6 ... ( read original story ...)
Singapore Is Coaxing Competing Banks to Collaborate on Fintech
Banks in Singapore that are used to competing against one another are finding ways to collaborate in the fintech space -- under the encouragement of the Monetary Authority of Singapore. Singapore has "a good judicious balance" between collaboration and ... ( read original story ...)
Singapore Bourse May See Renewed Support
(RTTNews.com) - The Singapore stock market headed barely south again on Monday, reversing the slim gains from the previous session. The Straits Times Index remains just above the 3,380-point plateau, although it figures to bounce higher again on Tuesday. ( read original story ...)
2 Simple Criteria To Help You Stay Out Of Trouble In The Stock Market
Staying away from such stocks could help steer you far from trouble in the stock market. Of course ... intended to be personalised investment or financial advice. Motley Fool Singapore writer Chong Ser Jing doesn't own shares in any company mentioned. ( read original story ...)
Singapore market scales over two year peak
SINGAPORE: Most Southeast Asian stock markets rose on Tuesday, with Singapore striking an over two-year high and Vietnam hitting its highest in nearly a decade, in line with Asian peers. Wall Street ended Monday higher with all three equity indices ... ( read original story ...)
3 Singapore Stocks That Could Interest Warren Buffett’s Investing Mentor
(The net current asset value of a stock can be found by subtracting a stock’s total ... Applying it today I wanted to see what stocks in Singapore’s market today would qualify as net-net stocks, using the database of S&P Global Market Intelligence. ( read original story ...)
Transocean Oil loses Singapore fuel supply licence in crackdown
The move followed MPA checks on Transocean in March and April that found "falsifications of records and discrepancies in the stock ... leave the market this year. Citing heightened commercial pressures since the mandatory adoption of MFMs in Singapore ... ( read original story ...)