Singapore’s banks have finalised a code of best practice for the provision of trade finance to the commodities sector, after a string of fraud scandals left lenders with significant financial losses. ( read original story ...)
Singapore Central Bank Warns of Risks to Global Financial Stability
The Covid-19 pandemic has led to an unprecedented contraction in economic activity and heightened risks to global financial stability, Singapore’s central bank said. ( read original story ...)
Seamless banking for Singaporeans on single platform
Singaporeans with more than one bank account will soon be able to view all their funds and investments in one place online, instead of having to visit each bank or its website. ( read original story ...)
Infineon to set up global AI hub in Singapore
Part of the German chipmaker's digital transformation efforts, the facility will launch 25 artificial intelligence projects in Singapore where it also plans to partner local organisations to offer AI ... ( read original story ...)
Singapore to be German chipmaker Infineon’s first global AI hub
German microchip maker Infineon Technologies will spend S$27 million over the next three years to make Singapore its first global hub to see artificial intelligence (AI) embedded in every job function ... ( read original story ...)
Singaporeans can soon view their bank accounts and investments on a single platform
Singaporeans with more than one bank account will soon be able to view all their funds and investments in one place online, instead of having to visit each bank or its website.. Read more at ... ( read original story ...)
Singapore and Hong Kong Push Back Their Travel Bubble Again, This Time Beyond 2020
Authorities from both cities said they will review the arrangement again in late December to decide on a start date. ( read original story ...)
Singapore-based mental health app Intellect reaches one million users, closes seed funding
Intellect, a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Google also announced ... ( read original story ...)
Singapore banks grapple with digitization as disrupters beckon
Indeed, the incumbents have tried to "self-disrupt," evolving into digitally focused lenders by pouring billions of dollars into technology. Singapore's legacy lenders have come under increasing ... ( read original story ...)
Thailand is set to dominate Southeast Asia’s IPO market in 2020, says Deloitte
Thailand’s IPOs have contributed more than 60% of the $6.44 billion in total funds raised across Southeast Asia as of Nov. 15, Deloitte data showed. ( read original story ...)
Singapore c.bank urges prudence in property purchases as pandemic hits jobs
Singapore's central bank urged households on Tuesday to be prudent about property purchases amid a weak labour market and a deep economic slump, even as locals shrug off the impact of the coronavirus ... ( read original story ...)
Singapore Updates Content Industry Support Through Audible and KC Media Pacts
The Singapore government is expanding its range of content industry support measures through two new partnerships. One is with Amazon offshoot Audible, the other with KC Global Media. The moves ... ( read original story ...)
Singapore, Tianjin ink MOU to deepen cooperation in trade, development
It will open up opportunities for Singapore firms to participate in areas such as Tianjin's green development.. Read more at straitstimes.com. ( read original story ...)
Tech stocks slowly gaining prominence in Singapore
Technology stocks, the lack of which has made Singapore one of Asia’s worst markets this year, are slowly starting to win more clout in the city-state. The South-East Asian market has had three ... ( read original story ...)
Remote work readiness gives Singapore firms cybersecurity anxiety
Majority of Singapore businesses are prepared to facilitate remote work arrangements, but being so has led 58% to believe they are more susceptible to cyber attacks. ( read original story ...)
Singapore Bourse Likely To Give Up Support At 2,800 Points
The Singapore stock market has finished lower in three straight sessions, dropping almost 65 points or 2.3 percent along the way. The Straits Times Index now rests just above the 2,800-point plateau ... ( read original story ...)