SEMARANG, Indonesia: The Indonesia-Singapore Business Council will provide a framework for companies to look for more investment opportunities, said Prime Minister Lee Hsien Loong in his wrap-up interview with Singapore media after the leaders’ retreat ... ( read original story ...)
OCBC Trials Blockchain for Interbank Payments
One of the five largest banks in Singapore has tested a blockchain-based payment service, with an eye to develop commercial products around the tech. OCBC Bank used the tech to send funds between its operations in Singapore and Malaysia, as well as ... ( read original story ...)
Iraq plans to export 3.163 million bpd of Basra crude in December
SINGAPORE Iraq plans to export 3.163 million barrels per day (bpd) of Basra crude from its southern ports in December, slightly lower than in this month, five sources with knowledge of the matter said on Monday. The allocated December volume will be the ... ( read original story ...)
Singapore and Indonesia to set up business council to boost networking
SEMARANG, Indonesia: An Indonesia-Singapore Business Council will be set up to allow businesses from both countries to network and understand opportunities on both sides, Prime Minister Lee Hsien Loong announced on Monday (Nov 14). Speaking at a joint ... ( read original story ...)
Singapore takes bold strides in fintech journey
The inaugural Singapore Fintech Festival this week is being pitched as a "festival of innovation", where financial institutions, start-ups and investors can explore collaboration. The event also underlines efforts by the Monetary Authority of Singapore ... ( read original story ...)
First Bank in SouthEast Asia To Use Blockchain Technology For Payment Services
In addition, OCBC Bank will extend the use of blockchain technology to other financial products and service applications. OCBC Bank’s latest fintech innovation initiative supports the Monetary Authority of Singapore’s (MAS) vision of a Smart Financial ... ( read original story ...)
Singapore, Indonesia sign MOUs to boost tourism, infrastructure cooperation
SEMARANG, Indonesia: Singapore and Indonesia will expand cooperation in various sectors such as tourism, hospitality and infrastructure after four memorandums of understanding (MOUs) were signed on Monday (Nov 14) on the sidelines of Prime Minister Lee ... ( read original story ...)