Singaporean financial services firm DBS is teaming up with Open Government Products, an experimental team of the Government Technology Agency of Singapore, to roll out a live pilot for the launch of ... ( read original story ...)
Billionaire Wee Cho Yaw’s UOB Profit Jumps As Bank Poised To Takeover Citibank Franchise In Southeast Asia
United Overseas Bank (UOB) reported record third-quarter net profit, bolstered by increased lending income, as Singapore’s third-largest lender by market value gears up to complete its acquisition of ... ( read original story ...)
Redefining the future of banking as a technology company
DBS supports Singapore’s push to build a strong pipeline of local technology talent. It participates in a range of industry initiatives, including the Technology in Finance Immersion Programme and the ... ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)