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Tag: banking

Posted on 17/07/2025

OCBC deepens quantum research with Singapore universities for real-world finance use cases

The bank is working with NUS, NTU and SMU over 12 months to examine quantum applications in the areas of derivative pricing, data security and fraud detection.

Posted on 17/07/2025

OCBC to work with local varsities to boost fraud detection, data security using quantum tech

The technology will be able to solve problems considered impossible with traditional classical computing systems. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 17/07/2025

Maybank Singapore, SCCCI collaborate on driving investment in JS-SEZ

Maybank Singapore Ltd has signed a memorandum of understanding (MOU) with the Singapore Chinese Chamber of Commerce & Industry (SCCCI) to strengthen cross-border business collaboration and drive ...

Posted on 17/07/2025

NTT DC REIT’s flat trading debut shows Singapore’s struggle to revive a ‘lackluster’ stock market

NTT DC REIT’s IPO was supposed to be a shot in the arm for Singapore’s flagging equity market, decried by analysts as “lackluster” due to its lack of growth stocks and tiny number of listings. NTT’s ...

Posted on 17/07/2025

Singapore SMEs show resilience but tariff fears persist

Singapore’s small and medium-sized enterprises (SMEs) are showing signs of renewed resilience despite a challenging macroeconomic and geopolitical backdrop. The OCBC SME Index rose to 50.5 in the ...

Posted on 17/07/2025

UOB partners The MICHELIN Guide Hotels in launch of its first-ever global MICHELIN Key selection

UOB is proud to announce that it is the Global Principal Partner of The MICHELIN Guide Hotels, the first time a Singapore company has partnered the distinguished ratings authority on an international ...

Posted on 17/07/2025

UOB Kay Hian’s Cheong to raise target price for Food Empire as well

"Food Empire will continue to see business growth as it successfully passes on pricing adjustments and embarks on strategic expansions with its strong brand equity" ...

Posted on 17/07/2025

Companies look to AI for financial resilience amid global volatility: DBS survey

SINGAPORE] Businesses around the world are rethinking long-term strategies as volatility rises, with generative artificial intelligence (Gen AI) tools of particular interest, based on a global survey ...

Posted on 17/07/2025

Singapore SMEs return to expansionary mode in Q2, but momentum may not last: OCBC

SINGAPORE] Small and medium-sized enterprises (SMEs) in Singapore rebounded into expansionary territory in the second quarter of 2025, according to the latest OCBC SME Index released on Wednesday (Jul ...

Posted on 17/07/2025

Insurance Awards 2025: Service beyond expectations

In 2024, the insurance business experienced growth in Malaysia, Qatar, the Philippines, and Singapore, though each market faced distinct challenges.

Posted on 16/07/2025

Singapore, Mauritius lead as key hubs for Indian outbound investments in April-June quarter

Singapore received the highest outward FDI from India in the April-June 2025 quarter at USD 2,217.57 million, data compiled by the RBI showed.Among other countries in the Top 5 outward FDI ...

Posted on 16/07/2025

India-Singapore Fintech Ties Deepen as UPI-PayNow Linkage Widens

India-Singapore Fintech Ties Deepen as UPI-PayNow Linkage Widens - NPCI International has added 13 more Indian banks to the UPI-PayNow real-time payment system, now enabling ...

Posted on 16/07/2025

City Developments Stock Jumps as Director Exit Calms Nerves

Vijay Natarajan, RHB Singapore's vice president of equity research, noted that Yeo had been a "vocal critic" of CDL's group chief executive, Sherman Kwek, in a recent boardroom tussle with his father, ...

Posted on 16/07/2025

Tetra Pak family quietly pours $11.6 billion into stocks, with bulk via Singapore entities

The Rausing family, which hails from Sweden, made a fortune from Tetra Pak cartons. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/07/2025

The Padang set as finish line for this year’s Standard Chartered Singapore Marathon

Participants in the Standard Chartered Marathon (SCSM) 2025 are set to finish the race to a stunning view at the Padang.

Posted on 16/07/2025

CGSI ‘reeling in expectations’ for banks’ 2QFY2025, staying ‘add’ on DBS, UOB but ‘hold’ on OCBC

DBS Group Holdings is CGSI’s top pick, with an “add” call and $47.90 target price, owing to the “clarity” of its capital return initiative, which supports FY2025 to FY2027 yields of 6.6% to 7.6%.

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