The project comes a day after the central bank announced new projects aimed at trade finance and wealth management.
Singapore, Asia markets slide after Fed signals more rate hikes and higher peak
SINGAPORE – Asian markets followed Wall Street southwards after Federal Reserve chairman Jerome Powell dashed hopes of an immediate pivot on the US central bank’s aggressive monetary policy. In ...
Tiger Brokers (Singapore) and UOB Asset Management Jointly Launch Their First Fixed Maturity Plan in Singapore
The United Fixed Maturity Bond Fund 1 will be exclusively available on Tiger Brokers' trading platform with no subscription fees and zero management fee The fund aims to provide income whilst ...
Alipay+ Unveils its PLUS Moment at Singapore Fintech Festival: Merchant Coverage Doubles as Global Brands Embrace Seamless Shopping Experience
Angel Zhao, President of International Business, Ant Group, shared the vision of Alipay+ and its latest developments at the Singapore Fintech Festival (SFF) Thursday. "While many of you are familiar ...
StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022
StraitsX, a part of Southeast Asia Digital Financial Services Group, Fazz, and Grab, a leading superapp in Southeast Asia, today announced they will be testing the issuance of Purpose Bound Money (PBM ...
Singapore’s manufacturing PMI declines to 49.7 in Oct
The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, dipped 0.2 points from the previous month to post ...
Singapore launches national R&D plan to respond to future pandemics after Covid-19
It will link up experts from various disciplines as well as govt agencies to tackle such threats. Read more at straitstimes.com.
Why technology change is slow at larger firms
Firms that commit to a single cloud provider and the lack of investment in improving developer productivity can drive up costs and slow down the pace of change, technology leaders say ...
Transcelestial Spearheads Global Rollout of Lasercomms with New Singapore Plant
Transcelestial is spearheading the global rollout of laser communications (lasercomms) via the “Terabit Factory”, its Singapore-based manufacturing facility which has the world’s largest commercial ...
Bikaji Foods IPO open for subscription: Should you have a crispy bite of the issue?
We assign 'subscribe with caution' rating to this IPO as the company is the third-largest ethnic snacks company in India with an international footprint.
Global Health IPO kicks off: Can Medanta keep your portfolio in the pink of health?
Global Health is one of the largest private multi-speciality tertiary care providers operating in the North and East regions of India. It has a network of four hospitals in Gurugram, Indore, Ranchi, ...
Singapore authorities probe alleged attack by large pet dog on small pooch during walk
The Animal and Veterinary Service (AVS) is probing an alleged attack on a 3kg pooch by a larger dog at least 10 times its weight during an evening walk.
ANZ, UOB face scrutiny over business with Myanmar military’s bank
Leading international financial institutions have carried out transactions with Innwa Bank since coup, documents show.
Tiger Brokers and UOB Asset Management jointly launch their first fixed maturity plan in Singapore
Tiger Brokers (Singapore), on Nov 3, launched its first fixed maturity plan in Singapore. The United Fixed Maturity Bond Fund 1 is a three-year investment-grade bond fund that will be managed by UOB ...
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon. Singapore touts a future as a crypto hub—not for cryptocurrency, but rather for the use and adoption of tokenised assets and ...
Singapore Digitalises Bankers Guarantees and Insurance Bonds With eGuarantee@Gov
Providing banker’s guarantees or insurance bonds to government agencies can now be done online and within one day using eGuarantee@Gov.