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Posted on 15/11/2023

Singapore developing gantry for travellers to clear immigration as they walk through

The barrier-free gantry can clear a person through immigration in under 10 seconds Read more at straitstimes.com.

Posted on 15/11/2023

Bongbong Marcos woos global tech investors at Singapore fintech event

In what was touted as the first keynote by a head of state using hologram technology, President Ferdinand Marcos Jr. urged global financial technology investors to explore opportunities in the ...

Posted on 15/11/2023

Investment opportunities abound in 2024 but investors must be selective: Morgan Stanley

The bank characterised its 12-month outlook for returns across major equity markets as “comfortably positive.” Read more at straitstimes.com.

Posted on 15/11/2023

Monetary Authority of Singapore Starts Tokenization Pilots Alongside Financial Services Heavyweights

The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated portfolio rebalancing.

Posted on 15/11/2023

Hong Kong luxury home rents rose as Singapore’s fell amid contrasting market conditions in third quarter

Hong Kong’s luxury home rents rose 1 per cent in the third quarter from the previous three-month period, while Singapore’s slipped by 1.7 per cent, highlighting the contrasting fortunes of Asia’s ... ( read original story ...)

Posted on 15/11/2023

Standard Chartered Investment Arm Launches Tokenization Platform

Crypto Futures Funding Rates Normalize After Bitcoin Drops to $35.6K ...

Posted on 15/11/2023

Standard Chartered’s SC Ventures debuts tokenization

In a pioneering move within the financial sector, SC Ventures, the innovative fintech investment and venture arm of Standard Chartered, has stepped into the future of finance with the launch of their ...

Posted on 15/11/2023

Analysts keep estimates unchanged for OCBC; bank named as top sector pick for some

While DBS Group Research analyst Lim Rui Wen has kept her “hold” call like her peers, she is less upbeat on OCBC’s outlook even though the bank’s results stood largely in line with the estimates of ...

Posted on 15/11/2023

Singapore introduces five new pilots to test asset tokenization

In addition to the five pilots, MAS launched Global Layer One (GL1) to explore the design of an open, digital infrastructure that will host tokenized financial assets and applications.

Posted on 15/11/2023

Owner of Hong Kong crypto exchange OSL gets US$91 million from firm linked to Bitget, which is exiting the market

BGX is taking a 30 per cent stake in BC Technology to become the largest shareholder of the owner of one of two licensed Hong Kong crypto exchanges.

Posted on 15/11/2023

Fast-growing Johor eyes Singapore power trade, electric vehicle opportunities in green economy drive

Malaysia’s southernmost state is exploring clean power exports and boosting EV infrastructure development via a proposed special economic zone with Singapore. Johor's green economy plan will also look ...

Posted on 15/11/2023

Could unproven claims about Lee Kuan Yew hurt Malaysia-Singapore trade? Jelutong MP asks in Parliament

Jelutong MP RSN Rayer today raised concerns that bilateral trade with Singapore might be damaged as a result of unproven allegations made by another Malaysian MP in the Dewan Rakyat about the republic ...

Posted on 15/11/2023

Singapore President Believes AI Will Ease Talent Shortage

Tharman Shanmugaratnan, the newly appointed president of the city-state, spoke at this week’s Singapore FinTech Festival, noting that artificial intelligence will help it meet the challenges of a ...

Posted on 15/11/2023

Record dividends expected for Singapore’s largest stocks this year: Janus Henderson

ASSET manager Janus Henderson expects Singapore’s largest stocks to issue record dividends for the full year, exceeding the previous peak in 2011. Read more at The Business Times.

Posted on 15/11/2023

Singapore’s Temasek, Saudi PIF take contrarian view on China, raise bets on consumer stocks as other foreign investors flee

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 ...

Posted on 15/11/2023

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.

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