Singapore continues to foster successful technology start-ups through several government funding initiatives. Professional venture capitalists such as Golden Gate Ventures have been involved from the start, providing early-stage funding through a range of ... ( read original story ...)
Singapore wows the car world with leading-edge models
In May, the Singapore-based OTSAW Digital revealed it would supply Dubai with four-wheeled, mobile O-R3 security robots that would patrol the emirate with laser, thermal-imagery and facial- and number-plate-recognition technology. “Powered by an advanced ... ( read original story ...)
K-pop stars’ Music Bank tour sets Singapore on fire
The Music Bank tour 2017 held at the Suntec Convention Centre in Singapore was nothing short of a visual extravaganza. K-pop stars set the stage on fire with their vibrant performances. Some of the main highlights of the event came from boy bands SHINee ... ( read original story ...)
K-pop extravaganza Music Bank In Singapore is a music buffet feast
Music Bank World Tour In Singapore, a K-pop mega concert held last Friday night, was a K-pop music buffet. More than 7,000 fans were treated to a spread by five music acts at the sold-out session at the Suntec Singapore Convention & Exhibition Centre. ( read original story ...)
Are Singapore Banks transferring Interest volatility risks to consumers?
UOB calls their product “Fixed deposit Pegged Rate” or (FDPR). OCBC calls their product “Fixed deposit Mortgage Rate” or (FDMR). They all mean the same thing. Before OCBC’s switch FDMR (36-month) at 0.65% + 0.65% = 1.3% (Where 0.65% is the spread ... ( read original story ...)
UOB loans expected to grow 4.5%
This will push net interest income to grow 8%. Following a strong net interest income in the past quarter, Singapore big bank UOB is expected to grow loans by 4.5% yearly. According to RHB analyst Leng Seng Choon, this will come as net interest margin ... ( read original story ...)
ANZ migration to DBS on track for full completion by early 2018
ANZ's wealth management and retail banking business in Singapore was migrated across to DBS Bank over the weekend, said the Singapore lender yesterday. The process involved transferring ANZ customer databases to DBS while staff moved their belongings to ... ( read original story ...)
RPT-China buyers resell soybeans as crushers lose cash, glut grows – traders
Eight cargoes would be equal to 520,000 tonnes of soybeans, worth around $210 million, based on June customs data. Sunrise and Sanwei, however, resold the cargoes at much below market rates, said the Singapore-based trader, who works for a global trading ... ( read original story ...)
Singtel announces NB-IoT and Cat-M1 network rollout
In July, Singtel then began its LTE-A rollout on Orchard Road ... Ericsson and Singtel have additionally been working on a "blueprint" for 5G deployment across Singapore since January 2015, and completed a live trial of License Assisted Access (LAA ... ( read original story ...)
Singtel starts Massive MIMO LTE-A upgrade
on Singtel’s LTE-A network in the Marina Bay area. The operator appears to have set a tight deadline for the work, with plans to provide the enhanced data rates in time for Singapore’s National Day on 9 August. Singtel Group CTO Mark Chong said the ... ( read original story ...)
Askey Computer Selects Sequans’ LTE-Advanced Chipset to Design Broadband Wireless Access Devices
PARIS--(BUSINESS WIRE)--LTE chipmaker Sequans Communications S.A. (NYSE ... United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans ... ( read original story ...)
Singtel announces low-powered IoT network
Singtel said its cellular IoT over CAT-M1 network will also enable businesses to make voice over LTE calls in future ... it paves the way for IoT adoption as Singapore advances towards becoming a Smart Nation. We welcome businesses to be part of the ... ( read original story ...)
Chinese Gas Sellers Sidestep State Giants to Exploit Demand Surge
New import facilities developed by firms including Guanghui Energy ... their widespread distribution networks,” said Maggie Kuang, an analyst with BNEF in Singapore. China’s LNG demand will expand by 5 million to 6 million tons annually over the ... ( read original story ...)
Correction: LongFin Launches IPO Via Jobs Act Regulation A+ with Sights Set on NASDAQ Listing
New York City, Aug. 07, 2017 (GLOBE NEWSWIRE) -- LongFin Launches IPO Via Jobs Act Regulation A+ with Sights ... LongFin has acquired 100% of Stampede Tradex Pte Ltd, a Singapore based FinTech Company, post-acquisition LongFin is the parent company of ... ( read original story ...)
Expensive new recruits push up pay at Singapore banks
Singapore’s three local banks, led by OCBC, are becoming better paymasters. http://news.efinancialcareers.com/sg-en/291440/asian-bankers-dont-fear-robots/ Singapore’s three local banks, led by OCBC, are becoming better paymasters as more wealth ... ( read original story ...)
Genting Singapore, gov’t brainstorms on new Tourism strategy
The company may have seen a profit turnaround in the second quarter of the year but casino operator Genting Singapore remains cautious on its outlook. Part of the worry of Genting is whether Singapore may be able to sustain the robust figures of foreign ... ( read original story ...)