How Singapore’s central bank turns big data into smart data

A blog from Aaron Tan, Computer Weekly’s Asia-Pacific editor, analyzing the latest trends, issues and technology innovations in the APAC region. As a central bank, industry developer and regulator, the Monetary Authority of Singapore (MAS) relies on a ... ( read original story ...)

HNA Is Said to Seek More Banks for Delayed Singapore Trust IPO

(Bloomberg) -- HNA Commercial REIT is seeking to add arrangers to its planned Singapore initial public offering as Bank of America Corp. walks away from the deal, people with knowledge of the matter said. The property trust, backed by embattled Chinese ... ( read original story ...)

Coffee with a dash of sustainable living

Organised by The Straits Times, the Singapore Coffee Festival, now in its second edition, will also feature talks on eco-friendly cafes, sustainable coffee production and coffee conservation projects. Presenting sponsor DBS Bank will be hosting an area ... ( read original story ...)

Banks’ vital role in fighting financial crime

The MAS has said it is important for Singapore to work smarter in fighting financial crime in areas such as the banks' approach to their "Know Your Customer (KYC)" due diligence and through use of technology. Every bank needs to perform this for all its ... ( read original story ...)

Here’s why Credit Suisse has cut 40 bankers in Asia

http://news.efinancialcareers.com/sg-en/291058/chris-aba-jpmorgan-singapore/ Credit Suisse’s headcount of ... raises questions about whether the bank can now achieve its target, announced by CEO Tidjane Thiam in 2015, of having 800 RMs in APAC by the ... ( read original story ...)

Salim Group backs digital startup incubator

In May, Salim Group acquired a small Indonesian bank as part of a grand plan to develop digital ... Indonesia's Salim Group is partnering the National University of Singapore on the Jakarta hub of BLOCK71, its startup incubator network. ( read original story ...)

Goldman Optimistic About Crude Market Rebalancing

the investment bank noted. Data out of the US, Europe, Singapore and Japan point to overall inventory declines of 83 million barrels since March, according to Goldman's data. Robust demand in particular has sent spot prices outperforming two-year forward ... ( read original story ...)

Is Singapore’s Property Slump Finally Ending?: QuickTake Q&A

Singapore home prices have ground steadily lower since reaching a record in 2013, when the government imposed the last of a slew of measures to cool a red-hot market. Authorities in the Southeast Asian island-state loosened some of those restrictions in ... ( read original story ...)

MAS warns against property related blockchain platforms

With two Singapore ‘proptech’ companies – FundPlaces and Reidao – turning to blockchain platforms to create property-backed tokens that can be acquired by investors, the Monetary Authority of Singapore (MAS) issued a caveat emptor (“Buyer ... ( read original story ...)

Property tycoons continue to top Singapore’s 50 Richest list

For eight consecutive years, property brothers Robert and Philip Ng of Far East Organisation retained their top spot in Forbes Asia’s Singapore Rich List, with their fortune at US$9.4 billion (S$12.8 billion) this year. They were closely followed by ... ( read original story ...)

Industrial property market in doldrums

Singapore and South- east Asia, said that demand was largely made up of renewals and relocations. "A combination of supply overhang and lacklustre demand continues to exert downward pressure on rents for most industrial property segments," he noted. ( read original story ...)

LVS posts 62pct jump in 2Q profit on Macau, Singapore

The quarterly results were driven by strong performance at its Macau and Singapore subsidiaries, the firm said on Wednesday. The group’s consolidated net revenue increased 18.6 percent to US$3.14 billion. Group-wide consolidated adjusted property ... ( read original story ...)