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Posted on 01/11/2022

Singapore’s MAS says no urgent case for retail CBDC, but launches 4 fast trials of it

The Monetary Authority of Singapore has published a white paper on a retail central bank digital currency that it says is not urgently needed, but would have a number of uses. ( read original story ...)

Posted on 01/11/2022

OCBC raises interest rates on 360 savings account again, adding to banks’ competition for deposits

OCBC Bank will again raise the interest rates on its flagship 360 savings account, in the latest move by a lender here to capture a larger slice of the customer deposit pie. Read more at straitstimes. ( read original story ...)

Posted on 01/11/2022

Super-Rich Get Rare Chance to Join Singapore’s Billionaire Row

Nassim Road has the most sought-after homes in the city-state, and a rare sale of three mansions is expected to fetch record prices. ( read original story ...)

Posted on 01/11/2022

Why demand for factory space is easing in Singapore

Industrial sales declined 12.2% to S$773.1m in Q3. Despite the moderation in overall industrial performance over the recent months, a Knight Frank report indicates Singapore remains a compelling ... ( read original story ...)

Posted on 01/11/2022

Monetary Authority of Singapore Completes Phase 1 of CBDC Project, With More Trials to Come

The first part of the project found that there was no urgent need for a retail CDBC, although the bank said it wanted to be prepared in case that changes. ( read original story ...)

Posted on 01/11/2022

OCBC to raise interest rates again for 360 savings account

SINGAPORE: OCBC Bank will raise interest rates again for its flagship 360 savings account, following a similar move in August. Customers will be able to earn an interest of 4.65 per cent per y ... ( read original story ...)

Posted on 01/11/2022

Singapore bank UOB scraps new loans for oil and gas projects

Major Singaporean lender United Overseas Bank will end new loans to oil and gas developments as part of long-term goals for net-zero emissions, the company said Monday. UOB already became carbon ... ( read original story ...)

Posted on 01/11/2022

Richard Branson says he won’t take part in Singapore televised death penalty debate

British entrepreneur Richard Branson has declined an invitation from the Singaporean government to take part in a live television debate on the death penalty. ( read original story ...)

Posted on 01/11/2022

Wheat Climbs Nearly 6% After Russia Suspends Black Sea Pact

Chicago wheat futures rose more than 5% on Monday as Russia's withdrawal from a Black Sea export agreement raised concerns over global supplies. The most-active wheat contract on the Chicago Board of ... ( read original story ...)

Posted on 01/11/2022

Grains Gap Higher on the Open on News Russia Suspending Export Deal: Livestock Pressured by Higher Feed Prices

Grains gap higher on the open led by wheat and news over the weekend Russia is suspending the export deal. Livestock set back with higher feed prices. @michellerookag talks with @kdinvestors Grains ... ( read original story ...)

Posted on 01/11/2022

GRAINS-Wheat climbs more than 5% as Russia withdraws from Black Sea export agreement

Chicago wheat futures rose more than 5% on Monday as Russia's withdrawal from a Black Sea export agreement raised concerns over global supplies. ( read original story ...)

Posted on 01/11/2022

In a first, India could export green hydrogen to Singapore from 2025: MoU details

Greenko’s MoU with Keppel, follows the company’s September deal with South Korean steel and power producer, Posco, to supply one million tonnes of gre ... ( read original story ...)

Posted on 01/11/2022

Kirin to export premium Fuji whisky to Singapore amid weaker yen

Kirin Brewery Co. plans to export its premium Fuji brand whisky to Singapore in the coming weeks, betting a weak yen and rising overs ... ( read original story ...)

Posted on 01/11/2022

India to export green energy to Singapore from 2025

The MoU to explore opportunities in green hydrogen potential in India will see Greenko group and Singapore's Keppel Infrastructure working towards a 250,000 tonne per annum contract to be supplied to ... ( read original story ...)

Posted on 01/11/2022

Singapore’s iceiceice leaves JJ Lin’s Team SMG a day after TI11

Singaporean Dota 2 player Daryl "iceiceice" Koh has left JJ Lin's Team SMG, the org announced on Monday (31 Oct). The announcement comes a day after Tundra Esports lifted the Aegis at The ... ( read original story ...)

Posted on 31/10/2022

Regional rivals Hong Kong and Singapore battle to lure fintech leaders to competing mega events

Both cities are hosting their fintech events in the same week, with some industry players saying they will go to both. ( read original story ...)

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