The Monetary Authority of Singapore (MAS) has joined hands with the MIT Media Lab in Cambridge to help strengthen Singapore’s talent pool in the fintech industry and advance fintech and blockchain research and development. At the annual Singapore Fintech ... ( read original story ...)
Iran, Singapore Resolving Banking Ties
Iran and Singapore called for resolving banking issues to boost trade. In a meeting with the head of Iran Chamber of Commerce, Industries, Mines and Agriculture, Singapore’s Ambassador to Iran Ong Keng Yong said, “We are currently working to come up ... ( read original story ...)
Arun Jaitley in Singapore, says ‘India most favourable and attractive destination for FDI’
He is on a two-day visit here. The roundtable was jointly organised by the Ministry of Finance and the High Commission of India in Singapore. Arun Jaitley said that to provide further impetus to the economy, "the present government has implemented a slew ... ( read original story ...)
Finance minister Arun Jaitley to visit Singapore, meet foreign investors, fund managers
New Delhi: Finance Minister Arun Jaitley will tonight leave for a two-day official visit to Singapore, during which he will meet foreign fund managers and institutional investors. The minister is scheduled to meet Singapore Prime Minister Lee Hsien Loong. ( read original story ...)
Hong Leong Finance : Chooses Kamakura’s Integrated Risk Solution
SINGAPORE, Nov 15, 2017 - (ACN Newswire) - Hong Leong Finance Ltd has implemented the Kamakura risk solution for its balance sheet management, funds transfer pricing and liquidity management processes. The Singapore-listed finance company (SG:S41), part of ... ( read original story ...)
India, Singapore discuss upgrading ties to strategic level
India and Singapore on Thursday discussed upgrading their partnership to a strategic level as well as on a road map for enhancing bilateral economic and commercial ties, according to an Indian Finance Ministry statement. These and other issues were ... ( read original story ...)
Singapore well-positioned to move forward with green finance: report
SINGAPORE, Nov. 15 (Xinhua) -- Singapore's record in environmental protection and connections to the region makes it well-positioned to move forward with green finance, according to a report released here on Wednesday. The Singapore Institute of ... ( read original story ...)
Hong Leong Finance Chooses Kamakura’s Risk Management Solution
Asset and Liability Management, Fund Transfer Pricing, and Liquidity Management SINGAPORE, Nov 14, 2017 - (ACN Newswire) - Hong Leong Finance Ltd has implemented an integrated risk management solution from Kamakura Co for its balance sheet management ... ( read original story ...)
Singapore, Hong Kong monetary authorizes exchange MoU on digitalizing trade
The goal of the project is to build an information highway using distributed ledger technology between the National Trade Platform in Singapore and the Hong Kong Trade Finance Platform, which will make cross-border trade and financing cheaper, safer ... ( read original story ...)
India, Singapore discuss ways to strengthen trade ties
Singapore: Finance Arun Jaitley today called on Prime Minister Lee Hsien Loong and discussed ways to strengthen economic ties between the two countries, an official release said. Both the leaders recalled the shared history of the countries, rooted in ... ( read original story ...)
DBS sees double-digit growth from consumer and SME business in S’pore, HK: CEO
SINGAPORE - DBS Group Holdings expects income from its consumer and SME (small and medium enterprise) business in Singapore and Hong Kong to grow at a double-digit pace, and to potentially contribute 50 per cent of total income in five years, chief ... ( read original story ...)
Re-visiting Startup Nation in 2017: What can Singapore learn from Israel?
Singapore is gearing itself up to become the next Startup ... Oracle, Microsoft, Amazon and Citibank. Collectively, the Israeli-based cyber security firms accounted 5 per cent of the global market share, second only to the US. The moral of story for ... ( read original story ...)
Singapore home to two in five ASEAN fintech startups
Firms are finding growth in SMEs that don't have access traditional bank services. Two in five or 39% of ASEAN fintechs have picked Singapore as their home base, UOB said. According to their State of FinTech in ASEAN report, Singapore’s developed ... ( read original story ...)
Aberdeen Standard upbeat on Singapore banks, warns on DBS provisions
SINGAPORE (Reuters) - Aberdeen Standard Investments said it likes Singapore banks due to their strong balance sheets and quest for new growth drivers but warned that the management of top lender DBS risks losing credibility if it takes any more big ... ( read original story ...)
Amid rising protectionism, BMO places bet on trade finance
In Singapore, BMO bulked up its staff with credit specialists and compliance officers and added the ability to locally process the stacks of documents that still make trade work. New capabilities are now coming online, giving BMO the ability to finance ... ( read original story ...)
Singapore Stock Market May Take Further Damage On Wednesday
(RTTNews.com) - The losing streak has hit three sessions now for the Singapore stock market, which has fallen almost 25 points or 0.7 percent along the way. The Straits Times Index now rests just beneath the 3,400-point plateau and it's looking at ... ( read original story ...)