SINGAPORE: DBS Group reported a forecast-beating 32 per cent jump in quarterly profit to a record high and gave a bullish outlook on Thursday (Nov 3) as higher interest rates boosted net interest ...
DBS profit soars 32% to a quarterly record on rising interest rates
SINGAPORE -DBS Group reported a forecast-beating 32 per cent jump in quarterly profit to a record as higher interest rates boosted net interest margins at Southeast Asia's largest lender, a trend seen ...
Singapore has no ‘real use case’ for a central bank digital currency, says MAS
Sopnendu Mohanty of the Monetary Authority of Singapore, however, says central bank digital currencies can be extremely useful in emerging markets where many people are unbanked.
Blockchain platform Paxos to add hires in Singapore
SINGAPORE: Blockchain platform Paxos Trust Co LLC plans to add at least 130 hires in Singapore over the next three years after its unit in the city-state received a central bank licence to offer ...
CNA Explains: What is low-carbon hydrogen and will it help Singapore reach net-zero?
Hydrogen could supply up to half of Singapore's needs by 2050, depending on technological developments and the development of other energy sources.
Crypto speculation, CBDCs, talent crunch in focus at Singapore fintech festival
PM-in-waiting Lawrence Wong says there should be ‘no doubt’ Singapore is ‘fully’ embracing emerging technologies. But he says a healthy level of ‘constructive paranoia’ and ‘divine discontent’ is also ...
Medanta operator Global Health raises Rs 662 crore from anchor investors ahead of IPO
HDFC MF, Aditya Birla Sun Life MF, SBI MF, ICICI Prudential MF, Kotak MF, Max Life Insurance Company and SBI Life Insurance Company are among the anchor investors.
Singapore launches new process to digitalize banker’s guarantees, insurance bonds
Singapore's Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) on Wednesday jointly launched a digital process for businesses and individuals to provide a banker's guarantee or ...
Standard Chartered to tokenise trade finance in Singapore digital asset pilot
Standard Chartered is launching a trade finance tokenisation pilot as part of a Monetary Authority of Singapore (MAS) initiative that is exploring the economic potential and value-adding use cases of ...
Singapore: DBS Tests FX Trading, Government Securities Using Blockchain
DBS, a Singapore-based financial institution that operates across Asia, has announced that it has utilized permissioned DeFi liquidity pools on a public ...
Scientists crack the genome of Singapore’s national flower
A collaboration between A*STAR's Genome Institute of Singapore (GIS) and SingHealth Duke-NUS Institute of Biodiversity Medicine (BD-MED) has decoded the entire genetic blueprint of Singapore's ...
Yahoo News
Singapore has officially inaugurated its fourth military branch as it seeks to combat modern threats in the digital domain.
Singapore unveils new cyber-focused military service
Gen. Lee Yi-Jin. (Singaporean Defence Ministry) MELBOURNE, Australia — Singapore has officially inaugurated its fourth military branch as it seeks to combat modern threats in the digital domain, as ...
Manali Petrochemicals to invest $35 million in Singapore subsidiary
Manali Petrochemicals Limited (MPL) on Wednesday said its Board has approved an additional investment of up to $35 million in its wholly-owned subsidiary AMCHEM Speciality Chemicals Private Limited, ...
Singapore’s factory activity contracts for second straight month
SINGAPORE - October’s factory activity contracted for the second consecutive month while the electronics sector pulled back for the third straight month, suggesting a continued deterioration in ...
No IPO But Online Giant Shein To Open Tokyo Store This Month
Earlier this year the company expanded its Singapore office after making a Singapore firm its de facto holding company, amid a flurry of filings by the online fast-fashion retailer, plus reports that ...