DBS has launched its Singapore innovation lab – DBS Asia X (or DAX) – as it looks to speed up change in its organisation. Neal Cross, chief innovation officer at DBS Bank, says the bank is “not known for taking huge risks or making massive pivots ... ( read original story ...)
Singapore, Malaysia expect to sign bilateral agreement
Future passengers would also likely be able to clear customs and immigration at their point of departure, the report added. The proposed 350 kilometre double-track train will slash travel time between Kuala Lumpur and Singapore to 90 minutes, with terminus ... ( read original story ...)
Singapore Home Sales Climb to Highest in More Than a Year
Singapore home sales rose to the highest in more than a year in October as developers marketed more projects on pent-up demand from homebuyers. Developers sold 1,252 units last month, compared with 509 units in September, according to data released Tuesday ... ( read original story ...)
New market study, "Wearable Electronics in Singapore", has been published
Smart wearables grew by 69% in retail volume terms, reaching sales of 73,000 units in 2016. While smart wearables have not been entirely successful in breaking into the mainstream, adoption rates are still higher than in most other markets in Asia, apart ... ( read original story ...)
Singapore CEF 2016: Special contests, product deals, and everything you need to know
Singapore is all geared up to witness this year's Consumer Electronics Fair starting 17 November through 20 November at Suntec. The CEF 2016 is the latest tech show organised by the makers of IT Show and Comex, which opens up the rare opportunity to shop ... ( read original story ...)
‘Singapore, India can work together in urban solutions’
Singapore, Nov 15: Singapore and India can partner each other and lead in the area of sustainable development to make the world a better place for humanity, Singapore’s National Development Minister Lawrence Wong said today. “Between Singapore and ... ( read original story ...)
Singapore, Denmark share ideas on tackling ageing population
SINGAPORE: Singapore can benefit from studying Denmark's success in rehabilitation and home care for the elderly while embracing assistive technology, said Senior Minister of State in the Prime Minister's Office Heng Chee How on Tuesday (Nov 15). This is ... ( read original story ...)
Singapore, Malaysia to sign high-speed train agreement
Singapore and Malaysia are expected to sign the bilateral agreement on developing the highly anticipated high-speed rail that will link the two countries early next month. “We are working towards signing the bilateral agreement on the Kuala Lumpur ... ( read original story ...)
Where Finance and Technology Come Together
Singapore has begun offering some of the same inducements ... Just saying…” Berlin, which has become a hub for young technology workers, took an even more aggressive approach. The city’s minister of the economy and technology wrote a letter to ... ( read original story ...)
DBS launches mortgage smartphone app
TAIPEI, Taiwan -- The Development Bank of Singapore (DBS) launched a one-stop-shop mortgage app Monday, becoming the first bank in Taiwan to offer the service. The bank said the new app would help home buyers step-by-step through the process of finding ... ( read original story ...)
Singapore Oct exports seen falling for 2nd month
SINGAPORE - Singapore's exports are forecast to have contracted in October for a second straight month, a Reuters poll showed, as weak global demand shows no sign of improvement, keeping pressure on Asia's trade-dependent economies. Non-oil domestic ... ( read original story ...)
Indonesia-Singapore business council will open up more investment opportunities: PM Lee
SEMARANG, Indonesia: The Indonesia-Singapore Business Council will provide a framework for companies to look for more investment opportunities, said Prime Minister Lee Hsien Loong in his wrap-up interview with Singapore media after the leaders’ retreat ... ( read original story ...)
OCBC Trials Blockchain for Interbank Payments
One of the five largest banks in Singapore has tested a blockchain-based payment service, with an eye to develop commercial products around the tech. OCBC Bank used the tech to send funds between its operations in Singapore and Malaysia, as well as ... ( read original story ...)
Iraq plans to export 3.163 million bpd of Basra crude in December
SINGAPORE Iraq plans to export 3.163 million barrels per day (bpd) of Basra crude from its southern ports in December, slightly lower than in this month, five sources with knowledge of the matter said on Monday. The allocated December volume will be the ... ( read original story ...)
Singapore and Indonesia to set up business council to boost networking
SEMARANG, Indonesia: An Indonesia-Singapore Business Council will be set up to allow businesses from both countries to network and understand opportunities on both sides, Prime Minister Lee Hsien Loong announced on Monday (Nov 14). Speaking at a joint ... ( read original story ...)
Singapore takes bold strides in fintech journey
The inaugural Singapore Fintech Festival this week is being pitched as a "festival of innovation", where financial institutions, start-ups and investors can explore collaboration. The event also underlines efforts by the Monetary Authority of Singapore ... ( read original story ...)