The PayNow-DuitNow linkage results from extensive collaboration among central banks, payment system operators, scheme owners, and participating financial ...
AI transforming the future of banking, finance
SINGAPORE—Artificial intelligence (AI), once considered the proverbial “elephant in the room” that no one talks about, is all the buzz at the Singapore Fintech Festival (SFF) 2023 this week. And Union ...
Singapore launches cross-border QR payment linkage with Malaysia, Indonesia
SINGAPORE: In a significant stride towards fostering economic connectivity and digital integration, Singapore and Indonesia... The post Singapore launches cross-border QR payment linkage with Malaysia ...
The ‘Asian tiger’ who took on Donald Trump: Singapore tycoon Kwek Leng Beng shares how he bought and sold Plaza Hotel in new biography
The Kwek Leng Beng Story, the Singaporean billionaire opens up on his six decades in business and the lessons he learnt through crises and challenges The book takes readers on a journey through Kwek's ...
Early retirement planning: How DBS’ ‘phy-gital’ model can help you better prepare for the future
The bank combines tech tools with human customer service to enable Singaporeans to have effective retirement savings strategies. Read more at straitstimes.com.
XREX Singapore receives Major Payment Institution Licence approval
XREX has announced that its Singapore entity has obtained in-principle approval for a Major Payments Institution (MPI) Licence from the Monetary Authority of Singapore (MAS), the nation's central bank ...
$2.8b money laundering case: Lawyer for accused claims Changi Prison cannot meet client’s medical needs; bail review postponed
A bail review hearing for Su Baolin, an accused in the $2.8 billion money laundering probe, has been postponed to allow the prosecution to check his lawyer's claims that Changi Prison is not able to ...
Heart of the Matter – Do high cost of living concerns in Singapore affect everyone the same way?
From groceries to electricity and water prices, many Singaporeans are feeling the pinch as inflation stays stubbornly high. Is the sandwiched generation hit as hard as those in the lower-income group?
Cross-border QR payments between Singapore and Indonesia now possible
Residents of Singapore and Indonesia can now make seamless cross-border retail payments through NETS QR (Quick Response Code) or QRIS (Quick Response Code Indonesian Standard) codes displayed by ...
Singapore looks for deeper digital ties with San Francisco investment
Noting Singapore's small market size, EnterpriseSG CEO Lee Chuan Teck said growth for many local companies meant venturing overseas in search of new markets, investment in production facilities, and ...
SEA IPOs raised lowest amount in 8 years despite healthy number of listings: Deloitte
There have been 153 IPOs so far this year in the six key stock exchanges in South-East Asia Read more at straitstimes.com.
Acer-backed Winking Studios IPO fully subscribed
THE initial public offering (IPO) of gaming-related company Winking Studios closed with 40 million of its new shares fully subscribed for S$0.20 a piece. Read more at The Business Times.
Singapore central bank to trial live wholesale CBDC for settlements
The Monetary Authority of Singapore has announced its plan to test the utility of digital money in Singapore, unveiling its pilot program for a live wholesale CBDC based on the Singapore dollar.
Standard Chartered’s Winters on Macro Risks
Bill Winters, Group Chief Executive at Standard Chartered, discusses the geopolitical and macro environment challenges he sees for the bank. He speaks exclusively with Haslinda Amin on the sidelines ...
Singapore startups struggle to find fintech talent amid competition with Abu Dhabi, Hong Kong
Singaporean voters have sent a consistently strong message that they would like fewer foreigners in their midst. Strict controls on overseas-worker visas since then have affected all industries, ...
Man forgets to take $500 at Yew Tee ATM and returns to find it gone: Police investigating
A man withdrew $500 from an ATM (automated teller machine) but walked away without realising he had left the cash behind. Read more at stomp.straitstimes.com ...