DBS, Temasek and JPMorgan have set up a joint venture company that will use distributed ledger technology to challenge the cumbersome hub-and-spoke model applied to traditional cross-border payment ... ( read original story ...)
China’s fuel clampdown curbs its LCO imports, Korean refiners to suffer
The amount of South Korean LCO, a refinery by-product, to be loaded for shipment to China in May is down 60% from March while spot premiums have halve.. ( read original story ...)
Singapore economy expected to grow faster than 6 per cent in 2021
Singapore's economy has almost recovered the output lost during the first half of 2020, although its growth momentum eased in the first quarter of this year. ( read original story ...)
3 community cases among 23 new COVID infections in Singapore
The Ministry of Health (MOH) on Wednesday (28 April) confirmed 23 new COVID-19 cases in Singapore, taking the country's total case count to 61,086. ( read original story ...)
Singapore sends oxygen cylinders to support India’s fight against COVID-19
The Singapore government has sent a consignment of oxygen cylinders to support India's COVID-19 pandemic response, the Ministry of Foreign Affairs said on Wednesday. ( read original story ...)
JPMorgan Joins Temasek, DBS in Blockchain Payments Platform
JPMorgan Chase & Co. is teaming up with Singapore’s Temasek Holdings Pte. and DBS Group Holdings Ltd. to create a new blockchain-based platform for payments, trade and foreign exchange settlement. ( read original story ...)
Singapore International Energy Week 2021 Brings Global Leaders Together to Advance the Energy Transition
The Energy Market Authority (EMA) of Singapore announced " Advancing the Energy Transition " as the theme for Singapore International Energy Week (SIEW) 2021. 2. Given the global momentum to tackle ... ( read original story ...)
Keep the change: Singapore faces uphill battle persuading hawker stalls to phase out cash and go digital
More than 10,000 stallholders have adopted e-payment solutions but Singaporeans have been relatively slow to give up on cash. ( read original story ...)
Singapore smart home startup Habitap expands into Indonesia
Indonesia marks Habitap’s second Asia market outside of its headquarters in Singapore, following its launch in the Philippines earlier this year. ( read original story ...)
Singapore economy may grow more than 6% this year, but recovery will be ‘disparate’ across sectors: MAS
SINGAPORE: The Singapore economy, which marked its worst recession in 2020, may be in for a better-than-expected recovery this year on the back of ... ( read original story ...)
Singapore to build second national supercomputer with more on roadmap
Built to support the local research community, the new national supercomputer will run on warm water-cooled system designed for tropical climates and provide up to 10 petaflops of raw compute capacity ... ( read original story ...)
Singapore c.bank says GDP growth likely to exceed 6% this year
Singapore's economic growth is likely to exceed 6% this year, the city-state's central bank said in its macroeconomic review on Wednesday, adding that an accommodative monetary policy stance remained ... ( read original story ...)
Singaporean mortgage brokering startup banks $700k as it expands in Indonesia
Mortgage Master also said it plans to strengthen its customer acquisition through customer education and forge strategic partnerships. ( read original story ...)
Mortgage Master Raises SG$928,000 in Pre-Series A Funding to Deepen Support for Homeowners in Singapore and Expand into Indonesia
Mortgage brokering platform helps homeowners in Singapore save more than SG$100 million in home loan repayments throughout the pandemic Strong business momentum in the past year convinced investors to ... ( read original story ...)
Singapore and region stand to benefit from RCEP free trade agreement: MAS
The RCEP will boost the region's competitiveness as a location for supply chains, it said.. Read more at straitstimes.com. ( read original story ...)
Singapore economy to grow faster than 6% in 2021, but recovery will be more uneven across sectors: MAS
Prospects for sectors less affected by pandemic have brightened; but those for sectors worst-hit have deteriorated somewhat.. Read more at straitstimes.com. ( read original story ...)