The government has reportedly blocked the bank accounts of Chinese tech unicorn ByteDance, which owns TikTok and Helo apps, for alleged tax evasion. ByteDance has approached the Bombay High Court to ... ( read original story ...)
Asia’s worst stock market last year is now one of the region’s top performers
Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia after losing 11.8%. Still, ... ( read original story ...)
India blocks bank accounts of TikTok’s parent company ByteDance: Report
The report cites sources claiming that India had in mid-March ordered two bank accounts of the Chinese firm in Citibank and HSBC to be blocked ... ByteDance unit in India and its parent entity in ... ( read original story ...)
Indian rupee to hit one-year low vs US dollar: Standard Chartered
The currency will drop toward 76.5 to a dollar -- about 4% weaker than current levels -- by the end of the year, said Standard Chartered ... ( read original story ...)
After Banning TikTok, India Freezes Bank Accounts of ByteDance For Alleged Tax Evasion: Report
India had in mid-March blocked two of ByteDance bank accounts in Citibank and HSBC for alleged evasion of certain taxes in online advertising dealings between the ByteDance unit in India and its ... ( read original story ...)
Funding for national movement to bridge digital gap hits $7.6m
A national movement that provides resources for grassroots projects to equip Singaporeans with digital skills and help bridge the digital divide now has $7.6 million in funding. Standard Chartered ... ( read original story ...)
Lessons in leadership from 8 inspiring women CIOs in Southeast Asia
Voranuch Dejakaisaya, CIO, Siam Commercial Bank As CIO of Siam Commercial Bank (SCB), Bangkok-based Voranuch Dejakaisaya has been fortunate to receive strong guidance from managers and peers during a ... ( read original story ...)
Question raised on sustainability versus digital exchange at DBS AGM
Combine search: "high speed rail" @author "Bhattacharjee" @category "From the Edge" Searching either words : 1MDB MAS Searching all words : “Genting Berhad” Searching Chinese phrase : “马电讯” SINGAPORE ... ( read original story ...)
Asean finance ministers agree to roll out Covid-19 vaccination widely: DPM Heng
The ministers also agreed to strengthen their digital connectivity to grow their economies.. Read more at straitstimes.com. ( read original story ...)
Singapore Banks – Sector Outlook Revised to ‘Improving’
We have revised the Singapore banking sector outlook to improving, from stable, with profitability likely to rise significantly this year. Policy countermeasures helped keep non-performing loans (NPLs ... ( read original story ...)
Financial Services Roles Throughout Singapore – 2021
At the beginning of March 2021, The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) jointly issued a paper on managing and mitigating new risks that are predicted ... ( read original story ...)
Singapore Exchange Welcomes Haitong International as Clearing Member
Singapore Exchange (SGX) announced today that Haitong International Singapore, a leading financial services provider, has joined SGX as a clearing member. ( read original story ...)
Digital for Life funding hits $7.6m for grassroots projects to plug digital gap, impart tech skills
A national movement that provides resources for grassroots projects to equip Singaporeans with digital skills and help bridge the digital divide now has $7.6 million in funding, after donations and a ... ( read original story ...)
Former Grab, Stripe execs’ fintech firm bags $1.7m from Surge, others
Tazapay, a digital payments platform that was founded by former Grab exec Arul Kumaravel, Stripe APAC head Rahul Shinghal, and Standard Chartered exec Saroj Mishra ... growth who is formerly with ... ( read original story ...)
There Are Community Shops in Singapore Where Residents Can Pick Up Free Groceries
A charity-run minimart which provides beneficiaries with free groceries has just opened in the Boon Lay neighbourhood of Singapore. The initiative is the brainchild of charity organisation Food from ... ( read original story ...)
Singapore Banks – Improving Sector Outlook
Domestic economic recovery should drive improving earnings profiles of the Singapore banks in 2021. We have revised our Singapore banking sector outlook to imp ... ( read original story ...)