People are – quite rightly – excited about the future of the financial services industry. The opportunity to surpass the traditional financial services experience with new digital innovations and strategic business models that are breaking barriers ... ( read original story ...)
Singapore Fintech Festival 2017: All You Need To Know
Singapore Fintech Festival returns this year to bring together fintech players, policy makers, financial industry leaders, venture capitalists, investors, tech entrepreneurs and academics for a week-long event dedicated to fintech and digital finance. ( read original story ...)
StanChart Unit Offers to Buy Stake in Singapore Crane Firm
Tat Hong, which began in Singapore in 1957 before expanding across Asia ... The Standard Chartered division that houses SCPE, known as Principal Finance, was largely responsible for a $68 million “restructuring” expense in the third quarter of 2017 ... ( read original story ...)
A New High Interest Savings Account To Multiply Your Money – The New DBS Multiplier Account
The answer is POSB/DBS. I have been using a POSB/DBS savings account for a very long time since I was a child. As they have the most ATM machines in Singapore, most people have a POSB/DBS account as their basic savings account. And for the longest time ... ( read original story ...)
StanChart Unit Is Said to Plan Stake in Singapore Crane Firm
Standard Chartered in London declined to comment and a spokeswoman for Tat Hong in Singapore didn’t respond to requests for comment. Early Friday, Tat Hong requested a trading halt in its shares on the Singapore exchange, pending an announcement. ( read original story ...)
No Signboard starts taking orders for IPO
HONG KONG • Singapore seafood hawkers have been competing for decades ... started taking orders this week for an initial public offering (IPO) that could value the company at as much as $130 million. It is seeking to replicate the success of long-time ... ( read original story ...)
StanChart Buyout Arm Is Said to Plan Singapore Crane Firm Stake
Standard Chartered in London declined to comment and a spokeswoman for Tat Hong in Singapore didn’t respond to requests for comment. Executives at SCPE decided late last month to move ahead with Project Titan, the people said. Tat Hong’s current ... ( read original story ...)
What are the skills for Finance 2.0? At the Singapore Fintech Festival
Skills for finance are changing. And this is happening today already: “NAB will make 6,000 job cuts over then next 3 years with its digital banking revamp… NAB is hiring 2,000 people with different capabilities” says Banking Technology. After a ... ( read original story ...)
How Singapore can meet the 4000 jobs a year target
Earlier this week the Monetary Authority of Singapore (MAS) unveiled a new Industry Transformation Map (ITM) for the finance sector, aimed at boosting productivity and creating 3,000 net new jobs annually for the next three years, with an additional 1,000 ... ( read original story ...)
Singapore detains two for ‘terrorism-related’ activities
SINGAPORE (Nov 9): Singapore said on Thursday it has detained a Singaporean man and a woman for affiliations to radical Islamist groups under the country's tough security law that allows for detention without trial. The man, 25 year-old Abu Thalha bin ... ( read original story ...)
The Singapore Stock Market Today: Keppel-KBS US REIT Makes Its Debut
Hello, everyone! Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), finished Thursday at 3,423.91 points, up 2.66 points or 0.08%. The biggest winner in the index was Golden ... ( read original story ...)
OCBC Bank to use AI and machine learning to combat financial crimes
Singapore-based OCBC Bank has unveiled plans to use artificial intelligence (AI) and machine learning, as part of its efforts to reduce financial crimes. The bank intends to deploy these technologies to deal with the increasing scale and complexity of anti ... ( read original story ...)
OCBC Bank in good shape with digital health insurance plan
Singapore’s OCBC Bank has unveiled the purchasing of health insurance plans via its mobile and internet banking channels. The bank says: “Typically, health insurance plans like critical illness, disability, hospitalisation and surgical are not sold via ... ( read original story ...)
MUFG seeks 40 pct of Indonesia’s Bank Danamon in SEAsia push -sources
TOKYO/SINGAPORE, Nov 9 (Reuters) - The core unit of Mitsubishi UFJ Financial Group (MUFG) is looking to buy a 40 percent stake in Bank Danamon Indonesia for around 200 billion yen ($1.75 billion), a person with direct knowledge of the talks told Reuters on ... ( read original story ...)
Japan’s MUFG seeks US$1.8b Bank Danamon stake in SE Asia push, sources say
MUFG, through its core unit Bank of Tokyo-Mitsubishi UFJ, intends to buy Danamon shares from Singapore state investor Temasek Holdings, a major shareholder, said two sources, who declined to be named as the talks were not public. Faced with sluggish growth ... ( read original story ...)
OCBC selling health insurance plan via its mobile, Internet banking channels
SINGAPORE - OCBC Bank on Thursday (Nov 9) said it is offering a new way of buying health insurance through digital channels. It has rolled out a product called Early Cancer Care, the first health insurance product sold through OCBC's mobile and Internet ... ( read original story ...)