The move will enable the bank to deploy and maximise returns from its excess intraday liquidity, said OCBC in its Oct 30 statement.
OCBC Becomes First Singapore Bank to Use Blockchain for Intraday Lending
OCBC announced that it is the first bank in Singapore to offer intraday institutional lending using blockchain technology.
Contraband cigarettes found hidden in soft toys declared as ‘decorations’, Chinese national arrested
Singapore Customs cracked down on a unique smuggling tactic of hiding the cigarettes inside soft toys in a two-day operation from Oct 22 to 23, Read more at stomp.straitstimes.com ...
Singapore stocks end lower despite Hongkong Land’s rally; STI declines 0.9%
Property group Hongkong Land puts up strong showing with 10.8% jump; parent Jardine Matheson gains 5.1% Read more at straitstimes.com.
12 Haunted Places in Singapore: A Spooky Guide
Let's discover the most haunted places in Singapore, from eerie streets to abandoned hostels. Are you brave enough to explore these chilling sites?
11 Best Halal Buffets in Singapore (Oct 2024)—Starting From $29.50++
Whether you’re a Muslim or are dining with Muslim friends, you’ll be pleased to know that many of the best buffets in Singapore are halal-certified. We’re not just talking about the indulgent ...
Standard Chartered to double down on wealth management as profit beats forecasts
Standard Chartered is to double investment in its wealth management arm as the bank beat estimates for its third-quarter profit and boosted plans for shareholder returns.
Singapore on radar for 74,000 ultra-rich UK foreign residents hit by tax change
WEALTH managers are seeing increasing interest from ultra-rich foreigners looking to relocate to Singapore from the UK ... UK is set to abolish the non-domiciled – or “non-dom” – tax status of some 74 ...
Singapore MAS Sets Up New Fintech Network Led by Former Chief
Singapore’s former central bank chief Ravi Menon is reuniting with his former colleagues at a new financial and technology network with plans including fund raising for startups.
Singapore gov’t to invest $204m to boost national supercomputing prowess
here in Singapore, in our region, and around the world.” He added: "With continued investment in high-performance computing, strategic partnerships, and a strong focus on developing experts, we are ...
Singapore ex-central banker aims to spearhead global fintech growth with new non-profit
Singapore's longest serving central banker, Ravi Menon, will head a new non-profit to drive fintech innovation and growth globally, the Monetary Authority of Singapore (MAS) said on Wednesday. Menon, ...
Property tycoon Ong Beng Seng allowed to leave Singapore with additional S$800,000 bail
SINGAPORE: Property tycoon and hotelier Ong Beng Seng was granted permission by a court on Wednesday (Oct 30) to leave Singapore for over a week, with additional bail conditions including S$800,000 ... ( read original story ...)
Singapore shares edged down on Wednesday morning—STI fell by 0.1%
In the broader market, 78 stocks gained while 50 declined, with approximately 53 million shares worth S$86.3 million traded ...
Crypto exchange Gemini gets MAS’ in-principle nod for major payment institution licence
AMERICAN cryptocurrency exchange Gemini has received in-principle approval from the Monetary Authority of Singapore (MAS) for a major payment institution licence. Read more at The Business Times.
Crypto exchange Gemini gets initial greenlight for Singapore expansion
U.S.-based crypto exchange Gemini has received a preliminary approval from Singapore authorities, a key milestone in the company’s plan to expand in Asia.
Ong Beng Seng back in court; granted permission to leave Singapore for business
He has to provide additional bail of $800,000 for a work-related trip to London, Boston, Gibraltar and Spain. Read more at straitstimes.com.