However, the Consensus: Singapore event marks a pivotal moment for the series ... and extensive reach into multiple vertical markets including finance and technology, with CoinDesk’s great brand and community reach, create the ideal combination to ... ( read original story ...)
HSBC Singapore Joins Forces With ING & Cargill to Conduct Live Commercial Trade Finance Transaction on R3’s Blockchain Platform Corda
HSBC Singapore announced on Monday it was joining forces with ING and agrifood group Cargill to conduct what it claims to be the first live, commercial trade finance transaction on R3’s blockchain platform, Corda. According to HSBC Singapore, the ... ( read original story ...)
Possible Singapore venues for historic Trump-Kim summit
SEOUL, South Korea – Singapore, a highly manicured city-state shaped by skyscrapers and luxury hotels, is preparing for perhaps the most crucial international diplomatic event of the decade. The June 12 meeting between tough-talking President Donald ... ( read original story ...)
HSBC says performs first trade finance deal using single blockchain system
HSBC and Dutch bank ING completed the deal for Cargill last week when a shipment of soybeans was transported from Argentina to Malaysia via the global commodities trader’s Geneva and Singapore subsidiaries, the British lender said in a statement. ( read original story ...)
Singapore C2C marketplace snags $85M in Series C
Singapore classifieds online site Carousell has snagged US$85 million in Series C funding, adding DBS Bank to its crop of investors and as a retail partner on its marketplace. Co-led by Rakuten Ventures and EDBI, the latest round also included other ... ( read original story ...)
Paktor’s parent company files for $115m US IPO. It faces a challenging future.
M17 Entertainment, the parent company of Singapore-based dating app Paktor, hopes to raise up to US$115 million in a US initial public offering (IPO). However, with the dating app only forming a small part of its income, M17 is banking on live-streamed ... ( read original story ...)
Singapore Startup Paktor Is Applying For An IPO On New York Stock Exchange
According to a securities and exchange commission filing, Paktor, along with its parent company and subsidiaries (collectively called M17 Entertainment), is eyeing for an initial public offering on the New Year Stock Exchange. Filed on the 11th of May, M17 ... ( read original story ...)
Daily Briefing: Singaporean e-commerce firm Carousell secures US$85m funding; DBS FHR-9 home loan rates to hike
Singapore may be called a boring city by the international ... If Sibor rises, the market interest rates rises, hence the bank will need to pay their fixed depositors higher interest rate. DBS FHR-9 is based on the 9-month fixed deposit rate. ( read original story ...)
OCBC rolls out $20m digital upskilling programme
Powered by $20m investment, the three-year OCBC Future Smart Programme will cater to the OCBC Group's global employee pool in Singapore, Malaysia, China. It will also be available at the bank's private banking arm Bank of Singapore and will be consequently ... ( read original story ...)
UOB and Income emerge top winners at Effie Awards Singapore 2018
SINGAPORE - Fourteen Effie awards (3 Gold, 6 Silver and 5 Bronze) were presented at a gala dinner last Thursday night (May 10), honouring the best in marketing communications. Organised by Institute of Advertising Singapore (IAS), the 16th Effie Awards ... ( read original story ...)
Southeast Asia-based mobile listings startup Carousell raises $85M
Carousell, the Singapore-based mobile listing service that operates across Southeast Asia, has pulled in an $85 million Series C fund as it seeks to strengthen its business among the region’s competitive e-commerce landscape before expanding globally. ( read original story ...)
MySQUAR set to launch mobile money platform this year after signing two key agreements
is on track to launch a mobile money platform later this year after signing a couple of key agreements. MySQUAR has inked two separate deals: one with Uber Remit which will allow users to send money securely between Singapore and Myanmar; and another with ... ( read original story ...)
Deutsche Bank CEO Vows to Stay Strong in Asia Amid Overhaul
Deutsche Bank AG’s new chief executive officer pledged to keep the ... continue to be strong in Asia," CEO Christian Sewing said Monday at an investor forum in Singapore on his first visit to the region since taking the job last month. ( read original story ...)
DBS : invests in mobile and online classifieds marketplace Carousell
As a strategic partner to Carousell, we can leverage on Carousell's platforms to connect to its community both inside and outside of Singapore, and strengthen our next-generation proposition jointly with Carousell.' 'We're thrilled to add DBS as an ... ( read original story ...)
Singapore exports seen recovering in April, up 5.4 percent: Reuters poll
KUALA LUMPUR (Reuters) - Singapore’s non-oil domestic exports were expected to recover in April after a two consecutive months of decline, a Reuters poll found on Monday. Non-oil domestic exports were expected to have risen 5.4 percent in April from a ... ( read original story ...)
Singapore exports seen recovering in April, up 5.4 pct y/y
KUALA LUMPUR, May 14 (Reuters) - Singapore's non-oil domestic exports were expected to recover in April after a two consecutive months of decline, a Reuters poll found on Monday. Non-oil domestic exports were expected to have risen 5.4 percent in April ... ( read original story ...)