With the national security law making people increasingly nervous of Hong Kong, Singapore’s famously dull political environment is becoming quite an asset. Credit Suisse, Citi and OCBC are joint ... ( read original story ...)
Tax only domestic income of foreigners, industry bodies suggest Finance Ministry: Report
The aim is to make India an attractive destination for residency for expatriates managing foreign direct investment (FDI) in the country ... ( read original story ...)
DBS Bank Looks to Be Launching a Digital Asset Exchange
DBS, the Singapore-based bank and financial services corporation, appears to be planning to launch a digital assets trading platform. The views and opinions expressed herein are the views and opinions ... ( read original story ...)
5 Popular Technologies That May Disrupt Property and Finance in The Near Future
From artificial intelligence to virtual and augmented reality, take a look at five current technologies, some of them still relatively new, but all of which have potential to one day disrupt the ... ( read original story ...)
Singapore: Further improvement in Q3 GDP outlook – UOB
“Singapore’s industrial production surprised market expectations with a 24.2% y/y (+10.1% m/m sa) surge in September 2020… Excluding biomedical manufacturing, industrial production grew 8.5% y/y.” ... ( read original story ...)
UOB levels up its Group-wide training programme, Better U, as part of the Bank’s commitment to invest in its people
PRNewswire/ -- United Overseas Bank (UOB) today announced that it has expanded its award-winning Group-wide learning and development programme, Better U, to enable its employees to master skillsets in ... ( read original story ...)
Singapore’s largest commercial bank reportedly launching crypto trading
DBS, Singapore’s largest retail and commercial bank, seems to be preparing to launch a cryptocurrency trading platform. The list of supported fiat currencies includes the United States dollar ... ( read original story ...)
Breaking: The largest commercial bank in Singapore launches cryptocurrency exchange
DBS, of the largest commercial banks in Singapore, announced the soft launch of the proprietary crypto-to-fiat cryptocurrency trading platforms. At the initial stages, the users will have access to ... ( read original story ...)
Dollar retreats again in Asia as solid data offsets virus worries
0#NETUSDFX=> “People are wary of putting on fresh positions given the event risk,” said Mayank Mishra, an FX strategist at Standard Chartered Bank in Singapore. “Price action over the next ... ( read original story ...)
Instant View: Investors react to Ant Group’s $34.4 billion IPO
Chinese financial technology giant Ant Group Co Ltd has set terms for a dual listing aimed at raising up to $34.4 billion from the world's largest stock market debut, with investors ... ( read original story ...)
DBS provides new cross-border payment tracking feature
Singapore-based financial services provider DBS has announced the arrival of a cross-border payment tracking service. Read more about the international payments market with our money transfers news. ( read original story ...)
Singapore dollar rally to continue through 2020: Fitch
It is forecast to reach S$1.37/USD in 2021. The Singapore dollar is expected to finish 2020 on a stronger note and continue its rally through 2021 on the back of continued uncertainty in the US and a ... ( read original story ...)
Singapore factory output surges at fastest pace in nine years on pharma boost
Singapore's industrial output blew past forecasts to rise 24.2% year-on-year in September, its fastest pace in nine years, boosted by pharmaceutical manufacturing more than doubling last month, ... ( read original story ...)
Singapore: Deflationary pressure eases momentum – UOB
Economist at UOB Group Barnabas Gan reviewed the latest inflation figures in Singapore for the month of September. Key Quotes “Singapore’s consumer prices fell marginally by 0 ... ( read original story ...)
UOB value chain financing doubles in H1
During the third quarter, Singapore's construction sector contracted 44.7% YoY. This pressure was also reportedly reflected in a UOB survey, which found that cash flow was indicated as the top ... ( read original story ...)
Thai Siam Commercial Bank launches food delivery app amid competition
Thailand’s Siam Commercial Bank Pcl (SCB) on Monday launched a food delivery platform, Robinhood, amid growing competition in the sector in Southeast Asia's second-largest economy. ( read original story ...)