Singapore stocks joined global stock rally on Thursday following all-time highs for the U.S. stocks after minutes showed caution at the Federal Reserve over the timing of future rate hike. Asian stocks were near a decade high on Thursday, riding the bull ... ( read original story ...)
Where Did DBS Group Holdings Ltd Generate Its Income From In 2016?
Secondly, we can see that about 66% of 2016’s income was derived from Singapore while the remaining 34% was from overseas – with Hong Kong accounting for the bulk of overseas income. From the above, we can see that DBS Group generates its income from ... ( read original story ...)
Case Study: Conversational AI Powers DBS digibank’s Virtual Banking Assistant
Singapore’s largest bank, DBS, rolled out India’s first mobile-only bank with just one-fifth of the resources of a traditional bank, leveraging Kasisto’s conversational AI platform, KAI Banking. DBS launched the assistant across channels – from ... ( read original story ...)
Cash management: DBS reaps what it sows
Take PriorityPay. It provides clients in Singapore, Hong Kong, China, Taiwan, India and Indonesia with faster and cheaper fund transfers across the DBS network. The bank extended the cut-off time for telegraphic transfers to speed up processing – both ... ( read original story ...)
Singapore stocks drift lower as lenders drag
Singapore stocks edged lower on Wednesday, dragged lower by financial shares such as DBS Group even as Asian equities trading near decade highs on easing Catalan worries. Asian shares rose while the euro hovered near a 10-day peak after Catalonia's leader ... ( read original story ...)
Singtel, Ericsson to invest S$2m to facilitate Singapore’s 5G development
SINGAPORE: Singtel and Ericsson have joined forces to launch a Center of Excellence (CoE) to help the Republic gear up for the 5G mobile network switch. The duo will pump an initial S$2 million over the next three years into the CoE, which aims to ... ( read original story ...)
Singtel, Ericsson to accelerate 5G adoption in Singapore
Singtel and Ericsson will soon be jointly launching a 5G Centre of Excellence (CoE) in Singapore. With an initial investment of S$2 million over the next three years, the CoE aims to lead the development of 5G mobile network infrastructure and accelerate ... ( read original story ...)
Singapore Central Bank Seen Edging Toward Tightening Policy
Singapore’s central bank is widely seen sticking to a neutral stance on Friday, but it may be moving closer to tightening policy as the economy continues to strengthen. All but one of the 23 economists surveyed by Bloomberg predict the Monetary Authority ... ( read original story ...)
New entrant in Singapore’s bike-share battle
Another dockless bike-sharing service - this time backed by Chinese electronics firm Xiaomi - is expected to ... Baicycle, available in China and Japan, will be brought to Singapore by Xiaobai Technology, a local company started by Mr Terence Tan, who ... ( read original story ...)
Kobe Steel ops in Singapore ‘not affected by scandal’
As such, its Singapore subsidiaries - which manufacture items such as gauges and strips for use in the electrical and electronics industries, as well as electrodes used in shipbuilding and repair - are not affected, he added. The Japanese firm is ... ( read original story ...)
Singapore’s hidden home-sharing economy is quietly on the rise
SINGAPORE — Sizing up the home-sharing industry in Singapore has become the economist's puzzle as the aspiring "Smart Nation" grapples with resistance to next-door strangers. Despite government rules restricting the likes of Airbnb Inc operating in ... ( read original story ...)
Singapore Shares May Find Traction On Thursday
(RTTNews.com) - The Singapore stock market has finished lower in consecutive trading days, falling almost a dozen points or 0.3 percent along the way. The Straits Times Index now rests just above the 3,280-point plateau although it may stop the bleeding on ... ( read original story ...)
80% of Singapore’s finance professionals not ready for future – study
A study conducted by CPA Australia showed that eight out of 10 Singapore-based finance professionals do not have enough skills to make them relevant in the next decade. The study, which was conducted in partnership with EY, also found that six out of 10 ... ( read original story ...)
Data falsification scandal does not affect Singapore operations: Kobe Steel
As such, its Singapore subsidiaries - which manufacture items such as gauges and strips for use in the electrical and electronics industries, as well as electrodes used in ship building and repair - are not affected, he added. The Japanese firm is ... ( read original story ...)
Ayondo Targets IPO At Singapore Exchange
Financial technology group ayondo remains on track to be the first FinTech company to be listed in Singapore. It will seek a listing through an Initial Public Offering (IPO) instead of the Reverse Takeover (RTO) as announced in mid-2016. The RTO was ... ( read original story ...)
Ayondo Pursues IPO After Reverse Takeover Deal Lapses
Here’s a quick update on our report a few weeks back that social trading company ayondo would not be undergoing a reverse takeover (RTO) IPO due to a lapsed bid from Singapore-based property developer, Starland Holdings. Today, ayondo has announced that ... ( read original story ...)