Parliament passed a Bill paving the way for the launch of a digital platform for financial institutions in Singapore to share information on suspicious customers or transactions.
Singapore to allow banks share client data to fight crime
Singapore banks will be able to share information on potentially risky clients next year, a move aimed at curbing illicit flows amid the city-state’s rise as a key financial and wealth hub.
Singapore’s DBS considers plans to expand presence in Dubai
Singapore’s DBS Bank, one of the biggest lenders in Asia, plans to boost its presence in Dubai and use the emirate as a hub to better access other markets and source business in the broader Middle ...
You Can Now Pay for Stuff in Singapore Using WhatsApp
Businesses that would like to accept payments via WhatsApp will do so via the WhatsApp Business Platform, and the platform has already onboarded businesses such as Tye Tye, Baker's 13, and Love Handle ...
How Singapore’s giant sovereign wealth fund is investing in generative AI technology
GIC manages hundreds of billions of dollars in assets. It's invested in tech for decades and is unfazed by last year's tech stock rout.
Blackstone’s Nexus Select Trust IPO:Non Institutional Investors show interest so far; check details
The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.
Standard Chartered expands its partnership with Tazapay
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...
Tenity Launches XRPL Accelerator in Singapore for Early-Stage Blockchain, Crypto Startups
Tenity announced that it has become a programme partner of the XRPL Accelerator in Asia Pacific with the launch of a Singapore-based cohort.
WhatsApp now allows Singapore-based users to pay businesses within the app
After India and Brazil, WhatsApp is launching the ability to pay businesses within a chat in Singapore. Meta has partnered with Stripe to roll out the feature in the region. WhatsApp has built this ...
Singapore pitches new law to slow spread of cybercrime
The Singapore government is looking to pass new legislation that will allow it to issue directives to combat the "scale and speed" of cyber-criminal activity, including blocking access to suspected ...
Singapore HDB to streamline income and subsidy eligibility assessment for flat buyers
The HDB will be streamlining the income assessment period and the assessment of household eligibility for housing subsidies. Find out more.
Singapore’s daily COVID-19 cases drop to 3,000 as wave passes peak: Ong Ye Kung
COVID-19 wave in Singapore passes peak with daily cases dropping to 3,000. Health Minister Ong Ye Kung provides update on the situation.
Singapore: High inflation and slowing trade make for a challenging year
Singapore managed to record respectable growth in 2022 (3.6% year-on-year), supported by an improvement in global trade and robust domestic consumption. However, momentum is now clearly fading with ...
Virtual Banking: Singapore’s OCBC Digital Silvers Program to Equip Elderly with Modern Financial Skills
OCBC Bank will be ramping up its Digital Silvers program with the aim of upskilling 2,000 elderly customers from now until the end of the year.
Wealth Summit Latest: HSBC Expanding Business in Asia, London
The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.Most Read from BloombergPowell’s Bet ...
Singapore Wealth Fund Sees More Growth in Fintech After Downturn
Singapore’s sovereign wealth fund said it still sees more growth in the financial technology sector, even after a downturn that’s sent startup valuations plummeting as investors turn away from riskier ...