The Makara Innovation Fund (MIF) was set up by the Intellectual Property Office of Singapore (Ipos) and Makara Capital, which was a fund management firm under the purview of the Monetary Authority of Singapore. The new fund would "target high-growth ... ( read original story ...)
Citibank Adds Jet Airways as a Points Transfer Partner
Premium Citibank ThankYou Rewards cards — like the Citi Prestige Card and Citi ThankYou Premier Card — let you transfer their points to airline miles and hotel programs. Star Alliance: Singapore Airlines KrisFlyer, EVA Air Infinity MileageLands ... ( read original story ...)
India's Jubilant Weighs Singapore IPO of Pharma Unit
Jubilant Life Sciences Ltd., a roughly $2 billion India-based drug company, is considering a Singapore initial public offering of its pharmaceuticals subsidiary, according to people with knowledge of the matter. Singapore-based Jubilant Pharma Ltd. has ... ( read original story ...)
Win Streak May Continue For Singapore Stock Market
(RTTNews.com) - The Singapore stock market has moved higher in four straight sessions, climbing more than 35 points or 1.1 percent along the way. The Straits Times Index now rests just beneath the 3,165-point plateau and the market may extend its winning ... ( read original story ...)
Singapore sets up billion dollar fund to help firms with strong intellectual property go global
SINGAPORE - A new billion-dollar fund has been launched to help promising companies with strong intellectual property (IP) to take on global markets. The Makara Innovation Fund (MIF), a partnership between the Intellectual Property Office of Singapore ... ( read original story ...)
Singapore banks add in-store QR code payments to mobile apps
Customers of Singapore’s DBS Bank and OCBC Bank will soon be able to make in-store mobile payments by scanning a QR code at any point-of-sale terminal belonging to the country’s electronic payments network Nets. The feature will be added to the DBS PayLah! ( read original story ...)
DBS/POSB video teller machines offer face-to-face help
SINGAPORE — DBS on Tuesday (April 25) rolled out Singapore’s first video teller machines (VTM) across nine locations islandwide to provide round-the-clock branch banking services to DBS and POSB customers. With the VTMs that provide privacy within ... ( read original story ...)
DBS, OCBC to enable QR code payments
Payments can be made on NETS terminals. As part of efforts to introduce diverse payment options for consumers in Singapore, DBS and OCBC will soon launch cashless transactions via QR codes. According to NETS, DBS PayLah! users will be able to make QR code ... ( read original story ...)
Singapore property will 'at best' remain stable in 2017, says DBS executive
Sentiment in the Singapore property market appears to be improving after the government eased some of its curbs on the sector, but unsold inventory will still weigh in the short-term, a DBS executive said Tuesday. Speaking to CNBC's "Squawk Box," DBS ... ( read original story ...)
Six of the hottest technology jobs at banks in Singapore now
Banks in Singapore are hiring technologists. Here’s a selection of the most interesting jobs on offer. http://news.efinancialcareers.com/sg-en/279753/asia-banking-technology-jobs/ Banks may be shifting some of their technology jobs from Singapore to ... ( read original story ...)
Growth Prospects of The Cards and Payments Industry in Singapore 2020
Liquid Group launched the Liquid Pay mobile wallet in November 2016, and in May 2016 relaunched Dash in collaboration with Standard Charted Bank, Citibank, DBS Bank, OCBC Bank, and UOB telecom provider Singtel. Singapore’s payment cards market has ... ( read original story ...)
Need help? Virtual 'officers' will reply
The bank is looking to expand Emma's functions, but it would not elaborate. DBS Bank was the first bank here to launch its POSB digibank Virtual Assistant chatbot, available on Facebook Messenger, in January. It handles basic queries such as branch ... ( read original story ...)
Why DBS could be the biggest tech start-up in Singapore
Its CEO said the group seeks to act like a 22,000-person start-up. DBS Group Holdings Ltd (SGX: D05) is the second largest listed company in Singapore’s stock market. For those who may not know, DBS Group is also the largest among the three major banks ... ( read original story ...)
Fashion e-commerce group iFashion to raise US$10M via IPO by end of 2017, pursuing a few more acquisitions
Acquisitions have always been a part of iFashion’s strategy as the company is heading towards IPO, and the company stated that it is pursuing a few more acquisitions before the listing. Its latest purchase was Singapore-based lifestyle marketplace ... ( read original story ...)
Hong Kong vs. Singapore: Weighing Asia's financial hubs
Singapore is a gateway to Southeast Asia and is seen as a wealth management hub, but Hong Kong boasts easy access to China's trade and capital flows, and has held the title of top global IPO market for two consecutive years. "I think that Singapore is ... ( read original story ...)
iFashion Group plans to go public by year-end, looking to raise $10Mn via IPO
Singapore-based iFashion Group is looking to raise an IPO by this year-end. It aims to raise $10 million in the initial public offering and expects to be valued at $40-50 million in terms of market capital. The company has been planning to go public for ... ( read original story ...)