Singapore aims to drive innovation with $1B fund

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 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 ...)

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 ...)

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 ...)

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 ...)