Manufacturing activity made a surprise jump into expansion territory in July after five straight months of contraction amid the coronavirus-induced slump.. Read more at straitstimes.com. ( read original story ...)
Singapore banks’ results to reflect double whammy of low rates, weak growth
Singapore banks are likely to report their average net interest margins fell the most quarter-on-quarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from ... ( read original story ...)
MAS to boost scheme for foreign banks with deep roots here
The Monetary Authority of Singapore (MAS) will enhance a scheme such that foreign banks with a deep presence in Singapore could one day be allowed to open digital-only banks as a separate unit with ... ( read original story ...)
Singapore’s EDBI Makes Strategic Investment in Vesta as Company Makes a Concerted Push Into the Asia Pacific Region
Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured a strategic investment from EDBI, a global Asian-based investor. This investment, along with a ... ( read original story ...)
Singapore FinTech Festival x SWITCH 2020 to feature week long event
Singapore FinTech Festival x SWITCH 2020 to Feature Digital and Physical Experiences Over Week-Long Event The Monetary Authority of Singapore (MAS) and Enterprise Singapore announced that the Singapor ... ( read original story ...)
Indian-Origin Man Sworn In As High Court Judge In Singapore
Dedar Singh Gill, an Indian-origin judicial commissioner and intellectual property expert in Singapore, was on Monday sworn in as a judge of the city-state's High Court. ( read original story ...)
DBS collaboration with CPF to bolster Singaporeans’ retirement plans
DBS collaboration with CPF to bolster Singaporeans' retirement plans and financial resilience amid tough times DBS launches new solutions will include retirement tool in NAV Planner and a retirement p ... ( read original story ...)
With eye on China, India looks to increase barriers on imports from Asia
New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties ... ( read original story ...)
Indian-origin intellectual property expert sworn in as High Court judge in Singapore
Justice Gill, 61, first joined the Supreme Court bench in August 2018, where he was appointed judicial commissioner. ( read original story ...)
Singapore factory activity expands slightly in July after 5 months of contraction
Singapore’s factory activity expanded slightly in July after five months of contractions. The Purchasing Managers’ Index (PMI) for ... ( read original story ...)
Singapore’s factory activity gauge jumps back into expansion territory
Manufacturing activity made a surprise jump into expansion territory in July after five straight months of contraction amid the coronavirus-induced slump.. Read more at straitstimes.com. ( read original story ...)
Singapore will make travelers wear electronic tags to enforce quarantine
Singapore will make some incoming travellers wear an electronic monitoring device to ensure that they comply with coronavirus quarantines. ( read original story ...)
UOB launches digital bank TMRW in Indonesia
SINGAPORE (THE BUSINESS TIMES) - United Overseas Bank (UOB) on Monday (Aug 3) launched its digital bank TMRW in Indonesia.. Read more at straitstimes.com. ( read original story ...)
Singapore’s Universal Studios deploys facial recognition for entry
Visitors to Universal Studios in Singapore will now have to pass through facial recognition scanners to enter the park, in the city-state's latest foray with a technology that has stoked privacy ... ( read original story ...)
Singapore Plans Year-End Fintech Event Amid Virus Restrictions
Singapore is planning an online and physical fintech festival amid the spread of the coronavirus across the globe. ( read original story ...)
Pratt & Whitney lays off 400 staff at five of six facilities across Singapore due to pandemic
Aircraft engine manufacturer Pratt & Whitney laid off around 400 staff at five of its six facilities in Singapore on Monday (Aug 3) amid the pandemic-induced downturn in the aviation industry.. Read ... ( read original story ...)