Two of the world’s biggest state owned investors have poured money into China’s consumption stocks during the third quarter, at a time when Western investors are retreating over growth concerns and ...
IMF says central bank digital currencies can replace cash: ‘This is not the time to turn back’
Kristalina Georgieva of the IMF said that the public sector should keep preparing to deploy CBDCs and related payment platforms in the future.
Singaporeans to receive Assurance Package (AP) support next month
The Assurance Package (AP) aims to help Singaporeans tide through the period of higher inflation and cushion the impact of the GST rate increase...” MOF said in a press release ...
All adult Singaporeans to receive Assurance Package cash payments in December
SINGAPORE – All adult Singaporeans will receive between $200 and $800 in December through the Government’s Assurance Package to help with the rising cost of living. This will apply to Singaporeans ...
UBS, DBS and SBI execute world first live repurchase transaction of natively-issued digital bond on public blockchain
This is part of MAS’s Project Guardian, a government-industry partnership to test the feasibility of asset tokenisation.
HSBC to Offer its Financial Toolkit for Antler’s Portfolio Companies
HSBC has joined forces with Antler to support the growth of Southeast Asian companies and entrepreneurs based in Singapore.
China central bank boosts liquidity injection through policy loan, rate unchanged
China's central bank ramped up liquidity injection but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. Market participa ...
China central bank boosts liquidity injection via policy loan; rate unchanged
China’s central bank boosted liquidity injections but kept the interest rate unchanged when rolling over maturing medium-term policy loans on Wednesday, matching market expectations. The People’s Bank ...
OCBC to invest in employee development
OCBC Bank is investing S$30mil over the next three years to help employees progress in their careers and prepare them, as well as the organisation, for future disruptions.
Generative AI, the buddy that OCBC taps to deliver better experiences for customers and employees
OCBC Group, the second-largest financial services group in South-east Asia by total assets, employs approximately 30,000 employees. Read more at The Business Times.
How DBS’ ‘phy-gital’ model can ease Singapore’s looming retirement crisis
AS THE average life expectancy of people in Singapore increases, so too does the need for retirement planning. Read more at The Business Times.
YY Group Holding Aims For Micro-IPO
YY Group Holding, an online job placement and cleaning service company, files for a micro-IPO to raise $6.75 million. Read more to see our analysis on YYGH IPO.
Five nabbed in anti-scam operation by police, DBS bank, $680k seized
Another 47 people are under investigation for their suspected involvement in scams. Read more at straitstimes.com.
Japanese yen may strengthen against the Singapore dollar next year: Analysts
The Japanese yen sank lower against the Singapore dollar this week, after reaching its weakest since 1985 earlier this month.
Harnessing the power of Singapore fintech to drive sustainability
New regulations for data and mandatory reporting are acting as a catalyst for making the country a regional ESG hub, a key topic at this week's Singapore Fintech Week.
StanChart launches blockchain unit, eyes Singapore bond fund
SINGAPORE -- International bank Standard Chartered's venture arm on Tuesday launched a new blockchain unit that aims to help tokenize traditional financial instruments, moving rapidly to stake out a ...