The Singapore government is looking to boost blockchain development ... Meanwhile, the neighboring nation of Malaysia is also moving to utlize blockchain technology to advance banking services across the region. In a speech in March, the deputy governor ... ( read original story ...)
Standard Chartered says no decision reached on Bank Permata stake
Jakarta/Singapore: Standard Chartered Plc (STAN.L) said on Monday it had not taken any decision regarding its holding in Indonesia’s Bank Permata (BNLI.JK), after a newspaper report said a team led by Farallon Capital Management is seeking a 44.56 ... ( read original story ...)
Singapore’s Pavilion Gas imports its first LNG cargo for domestic use
SINGAPORE: Singapore’s Pavilion Gas, a unit of Pavilion Energy, imported its first liquefied natural gas(LNG) cargo for domestic use to power the city-state’s industrial sector as it looks to grow its business in the country and in Asia. The LNG ... ( read original story ...)
Norway-Asia Business Summit 2018 details
The Norwegian Business Association in Singapore presents the seventh edition of the Norway-Asia Business Summit (NABS), taking place 16-18 April in Singapore. The summit will explore how to navigate the geo-political landscape in Asia; discuss how to ... ( read original story ...)
Bank of China and ICBC to offer PayNow
namely the Bank of China and Industrial and Commercial Bank of China Limited, the Association of Banks in Singapore (ABS) said. According to an announcement, this will bring the number of banks offering PayNow to nine. The banks currently offering PayNow ... ( read original story ...)
Asia Investor and Analyst Seminar 2018
Malaysia and Singapore. Our international network is unrivalled and we are in a strong position to support our customers in Asia and around the world as the region continues to grow and develop.” A series of presentations will be made by HSBC executives ... ( read original story ...)
Singapore Airlines named world’s top airline by TripAdvisor
The airline – Singapore’s national carrier – also took home awards in several other categories including Best International First Class (World); Best Airline (Asia) and Best Economy Class (World), said SIA in a news release the same day. ( read original story ...)
Mandiri to offer product for wealth repatriation from Singapore
... Mandiri in collaboration with Swiss Lombard Odier will introduce a new banking product on April 16 for Indonesians who want to repatriate their funds that are parked in Singapore. “The product is in the form of a mutual fund with different ... ( read original story ...)
Bank of China, ICBC join 7 other banks offering PayNow in Singapore
The banks have joined the ranks of Citibank Singapore, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and United Overseas Bank as participating banks of the service. PayNow enables customers of participating banks to send and receive ... ( read original story ...)
Use augmented reality to explore history at Singapore bicentennial events in 2019
SINGAPORE: Technology will help bring 700 years of history to life when Singapore commemorates the 200th anniversary of Sir Stamford Raffles’ landing on the island. Augmented reality (AR) trails at the Singapore River and Fort Canning Park, roadshows as ... ( read original story ...)
Hong Kong beats Singapore as top IPO destination in Asia… for now
But analysts say Singapore can beat its rival through dual class shares. In the race for the best initial public offering (IPO) destination in the Asia Pacific, Singapore could be losing some of its appeal to attract listings. Its rival Hong Kong “has ... ( read original story ...)
Deutsche Bank picks retail specialist Christian Sewing as CEO
He joined Deutsche Bank in 1989 and has worked in Frankfurt, London, Singapore, Tokyo and Toronto. “Our view is that Sewing seems to be an OK candidate,” said one major investor who spoke on condition of anonymity. Sewing’s appointment was a blow to ... ( read original story ...)
HDB Or Bank Loan: Pros & Cons To Consider Before Deciding On Which Housing Loan To Take
One of the first financial decisions that Singapore families will have to make when buying a HDB flat is the type of housing loan to take. In essence, we have two choices. We can opt for a HDB loan or a bank loan. But which should you opt for? In recent ... ( read original ...
Singapore Morning News For April 9
Singapore and China inked a Memorandum of Understanding (MOU) on Sunday (Apr 8) to promote greater collaboration between companies from both countries in third-party markets along the Belt and Road routes. On April 6, National University of Singapore (NUS ... ( read original story ...)
Profit Taking Expected For Singapore Stock Market
The Singapore stock market has climbed higher in consecutive trading days, gathering more than 100 points or 3 percent along the way. The Straits Times index now rests just above the 3,440-point plateau although it may run out of steam on Monday. ( read original story ...)
Deutsche Bank sacks chief executive
Mr Achleitner has remained silent as speculation of a management change at the bank has mounted. Mr Cryan was previously chief financial officer at UBS before leaving to head European operations of Temasek, Singapore’s sovereign wealth fund. ( read original story ...)