Singapore is one of the top-ranked FinTech hubs globally, with a world-class infrastructure and connectivity. Ultra-high-speed fiber infrastructure runs across the nation, while mobile subscription penetration exceeds 100 percent – factors that are all ... ( read original story ...)
DBS Basks in Rates Glow
historically Singapore banks perform well when the monetary authority starts to tamp down the pace of economic activity. The three homegrown lenders – DBS, Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. – are among the biggest gainers ... ( read original story ...)
Global Switch First in Singapore to Adopt Design for Manufacturing and Assembly Methods for Data Centre Construction
SINGAPORE--(BUSINESS WIRE)--May 2, 2018--Global Switch, a leading owner and operator of large scale carrier and cloud neutral data centres in Europe and Asia-Pacific, announced that its Singapore Woodlands data centre, is the first project in the island ... ( read original story ...)
Seven new things to know before you interview with Standard Chartered in Asia
What Standard Chartered’s Q1 results really tell us about jobs and careers at the firm in Singapore and Hong Kong. https://news.efinancialcareers.com/sg-en/314051/sought-after-asian-banking-jobs/ Standard Chartered has long been one of the most prolific ... ( read original story ...)
Covestro joins bid to launch composite application centre in Singapore
At the Germany-Singapore Business Forum at Hanover Fair on 24 April, the group of currently ten companies and two research entities signed a memorandum of understanding (MoU) for the launch of the CAC. Spearheaded by Composite Cluster Singapore ... ( read original story ...)
Hands on: Vivo X21 is first phone with in-screen fingerprint scanner in Singapore
They simply tap on a part of the screen, which is more convenient. A prototype of the X21, out in Singapore on May 5, was first shown at the Mobile World Congress show in Barcelona in February. It had taken many by surprise then for being the first phone ... ( read original story ...)
Vivo X21 brings in-display fingerprint scanner to Singapore ahead of ‘global’ expansion
While the world’s first “full-production” smartphone with in-display fingerprint recognition technology never made it outside Vivo’s homeland, its similarly groundbreaking sequel is ready to expand from China to Singapore. If that doesn’t impress ... ( read original story ...)
Singapore launches the “Fintech Fast Track” for new patents
This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. The Intellectual Property Office of Singapore (IPOS) has announced the launch of a new initiative, dubbed the Fintech ... ( read original story ...)
Singapore Has Just Become Asia’s Best-Performing Stock Market
There’s been lots of competition for the title of Asia’s best-performing stock market this year. Among the major equity indexes in the region, eight have climbed to records in the first four months alone. Today, Singapore’s Straits Times Index nudged ... ( read original story ...)
Singapore Just Edged Out Vietnam as Asia’s Top Stock Market
(Bloomberg) -- There’s been lots of competition for the title of Asia’s best-performing stock market this year. Among the major equity indexes in the region, eight have climbed to records in the first four months alone. Load Error Today, Singapore’s ... ( read original story ...)
Scottish processors to benefit from Singapore import changes
Following the announcement that Scotland was granted negligible BSE risk by the World Organisation for Animal Health, the AVA has changed the age limit of the beef products that Scotland can export to Singapore, as well as now allowing bone-in beef and ... ( read original story ...)
Property: Pros and cons of having 99-year lease HDB units in Singapore
There has been a very intense discussion around what is going to happen when 99-year lease of HDB units in Singapore expire. While some officials have been hinting that lease willl indeed expire and homeowners may have to return their properties back to ... ( read original story ...)
Singapore Bank Lending Up 5.3%
Singapore’s total loans and advances including bills financing of Domestic Banking Units grew 5.36% year-on-year to a predicted 661.6 billion Singapore dollars (about US$500 billion) in March, according to data released by the Monetary Authority of ... ( read original story ...)
PM Lee’s May Day Speech: 3 Important Trends That Workers In The Banking Sector Should Know About
In his speech, PM Lee addressed challenges awaiting workers in Singapore. He also highlighted three examples of sectors which are transforming; transport, retail and logistics and banking. Being a financial media site, we were intrigued by what PM Lee ... ( read original story ...)
Singapore bank lending up 5.4% in March
Thanks to sustained demand for home and corporate loans. Bank lending in Singapore rose 5.4% YoY in March as sustained demand for home and corporate loans kept credit levels stable, according to data from the Monetary Authority of Singapore. Loans ... ( read original story ...)
CEO of Southeast Asia’s largest bank talks about what’s next after record quarter
Singapore-listed DBS, Southeast Asia's largest bank, reported a 26 percent year-on-year rise in first-quarter net profit to 1.52 billion Singapore dollars ($1.15 billion). Lending profitability is likely to improve further as interest rates in Asia move ... ( read original story ...)