DBS is Southeast Asia’s largest bank by revenue, and ranks No. 10 on Fortune’s Southeast Asia 500. It’s the first of Singapore’s Big Three banks to suggest how AI will aff ...
Scam losses surge to S$1.1 billion in 2024, with crypto-related cases making up a quarter
THE TOTAL amount of money lost to scams surged 70.6 per cent to at least S$1.1 billion in 2024, from S$651.8 million in 2023, said the Singapore Police Force. Read more at The Business Times.
Singapore’s Biggest Bank Plans 4,000 AI-Driven Job Cuts, Projects S$1B Gain
Singapore's DBS bank expects to cut 4,000 jobs over the next three years. The bank said it expects the positive economic impact of AI to ...
NTU Singapore and Trinasolar to develop AI smart energy storage
NTU Singapore and Chinese solar photovoltaic module maker Trinasolar have partnered for AI-powered smart energy storage solutions.
Employees at Singapore’s biggest bank are set to lose their jobs to the AI revolution — and that worries me
Singapore’s largest bank, DBS, has confirmed it will continue using AI tools by cutting as many as 4,000 roles (9.7% of DBS’ total workforce), so the technology can take a larger role in its ...
Poster girl Hannah Green looks forward to title defence at HSBC Women’s World Championship
Green is aiming to become just the second golfer to retain her title at the HSBC Women's World Championship. Read more at straitstimes.com.
Singapore introduces guidelines to minimise disruptions to cloud services and data centres
The guidelines for data centres will provide a framework for operators to instill systems to ensure business continuity and minimise service disruptions.
Singapore shares in the red as regional indexes fall; STI retreats 0.3%
Key regional indexes declined across the board. Hong Kong’s Hang Seng Index was down 1.3 per cent and Japan’s Nikkei 225 retreated 1.4 per cent. South Korea’s Kospi Composite Index lost 0.6 per cent.
Singapore shares in the red as regional indices fall; STI retreats 0.3%
SINGAPORE equities closed Tuesday (Feb 25) in the red, tracking regional losses. Read more at The Business Times.
Singapore banks complete interest rate benchmark transition to SORA
The SORA market has since grown to more than $3 trillion in outstanding derivatives, bonds, and loans, comparable to the size of the SOR and SIBOR market before the start of the transition exercise.
The 2025 HSBC Women’s World Championship promises world-class golf and endless fun
The HSBC Women’s World Championship in Singapore is one of the most anticipated tournaments on the calendar – here's what to expect for 2025.
SingPost could see special dividend from sale of Australian business, sale of property
SingPost may distribute special dividend, with stock fairly valued as it is unlikely to be lifted by property revaluation, unless SingPost Centre is divested.
Bybit Promises up to $140,000,000 Bounty To Hunt Down Perpetrators of ‘Largest Heist’ in Crypto History
The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the funds that were stolen in a major hack.
SingPost could see special dividend from sale of Australian business
SingPost may distribute special dividend, with stock fairly valued as it is unlikely to be lifted by property revaluation, unless SingPost Centre is divested ...
Singapore’s biggest bank cuts roles as it embraces AI
Singapore's biggest bank says it expects to cut 4,000 roles over the next three years as artificial intelligence (AI) takes on more work currently done by humans. "The reduction in workforce will come ...
Woman arrested at Phuket airport for trying to smuggle 4.3kg of meth in luggage to Singapore
A 65-year-old American woman was arrested at Phuket airport with 4.3kg of crystal methamphetamine, according to multiple reports. The woman, identified as Melba Geraldine Sharp from California, was ...