Singapore and Malaysia are expected to sign the bilateral agreement on developing the highly anticipated high-speed rail that will link the two countries early next month. “We are working towards signing the bilateral agreement on the Kuala Lumpur ... ( read original story ...)
Where Finance and Technology Come Together
Singapore has begun offering some of the same inducements ... Just saying…” Berlin, which has become a hub for young technology workers, took an even more aggressive approach. The city’s minister of the economy and technology wrote a letter to ... ( read original story ...)
DBS launches mortgage smartphone app
TAIPEI, Taiwan -- The Development Bank of Singapore (DBS) launched a one-stop-shop mortgage app Monday, becoming the first bank in Taiwan to offer the service. The bank said the new app would help home buyers step-by-step through the process of finding ... ( read original story ...)
Singapore Oct exports seen falling for 2nd month
SINGAPORE - Singapore's exports are forecast to have contracted in October for a second straight month, a Reuters poll showed, as weak global demand shows no sign of improvement, keeping pressure on Asia's trade-dependent economies. Non-oil domestic ... ( read original story ...)
Indonesia-Singapore business council will open up more investment opportunities: PM Lee
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 ...)
Singapore 'road master' kits test elderly reflexes
Singapore's traffic police are trying to cut the number of ... Commander Sam Tee tells Channel News Asia that police want to stop the upward trend before it gets any worse. "More elderly are being injured on the road, which is why we think it is important ... ( read original story ...)
Singapore Patners with Vietnam’s National Agency for Technology Entrepreneurship
Singapore’s Action Community of Entrepreneurship (ACE) signed a Memorandum of Understanding (MOU) with Vietnam’s National Agency for Technology Entrepreneurship and Commercialization Development (NATEC) earlier this morning. The MOU seeks to establish ... ( read original story ...)
Understanding the success of Singapore’s education system
An OECD survey conducted last year found that Singapore has the smartest students in the world. The country’s 15-year-olds competed with children from 76 countries in tests that measured their abilities in maths and science. The local students proved ... ( read original story ...)
OCBC debuts use of blockchain technology for faster, more secure and cheaper inter-bank fund transfers
Singapore - OCBC Bank said Monday )Nov 14) it became the first bank in Southeast Asia to use blockchain technology to make local and cross-border inter-bank fund transfers. A successful pilot payment transaction between the bank and its subsidiaries ... ( read original story ...)
Yasir Hanapi gives Singapore win vs. Cambodia, ends goalless streak
Singapore had failed to score in their three previous international matches. Yasir Hanapi came off the bench to save Singapore from going a seventh game without victory as his second-half goal handed his side a 1-0 win over Cambodia in Saturday's ... ( read original story ...)