This pilot involved the shipment of an oil product from Thailand to Singapore. Standard Chartered was able to digitise and simplify the end to end exchange of information between all parties in the ... ( read original story ...)
Accor’s Franchise Deal in Singapore Underscores Mounting Challenges for Budget Chain Oyo
Oyo Hotels & Homes has a competitor in Accor Hotels, which has just inked a deal to franchise 15 budget hotels in Singapore-branded Fragrance Hotel. Even before there was an Oyo or the other budget ... ( read original story ...)
Perennial 2Q earnings down 75% to $2.2 mil on higher finance costs
SINGAPORE (Aug 7): Perennial Real Estate Holdings reported revenue for 2Q19 ended June surged 52.4% to $27.6 million from $18.1 million. However earnings fell 74.9% to $2.2 million from $8.6 million ... ( read original story ...)
46 countries sign UN treaty named after Singapore
Deputy Prime Minister and Finance Minister Heng Swee Keat added last night: "The signing of the Convention is a clear signal of our commitment to a rules-based international order." Singapore was the ... ( read original story ...)
NSE & Singapore Exchange Get Approvals To Launch Joint Products At GIFT
India's National Stock Exchange (NSE) and Singapore Exchange (SGX) got a set of approvals from statutory regulators for their proposal to launch products jointly at the Gujarat International Finance ... ( read original story ...)
NSE, SGX Get Regulatory Approval To Trade Through Gujarat Finance Hub
The National Stock Exchange and its Singapore counterpart received regulatory approvals for a trading link through the international finance hub in Gujarat to help overseas investors hedge risks in ... ( read original story ...)
OCBC invests RM60 mil in YYC Group
(Aug 8): Singapore-based OCBC, via OCBC Bank (Malaysia) and Lion-OCBC Capital Asia Fund I (LOCAF I), has invested about RM60 million ($19.7 million) in YYC Holdings Sdn Bhd (YYC Group), a homegrown ... ( read original story ...)
Standard Chartered Complete Blockchain Trial with Thailand’s Oil Giant Using Voltron
This pilot involved the shipment of an oil product from Thailand to Singapore. Standard Chartered was able to digitise and simplify the end to end exchange of information between all parties in the ... ( read original story ...)
Underserved remittance service in Singapore gets boost from pilot using blockchain-enabled tokenised currency
(Aug 5): In June, the Monetary Authority Singapore announced that it would be issuing two full digital bank licences and three digital wholesale bank licences to players of non-bank parentage. But ... ( read original story ...)
Mooncake Festival 2019 — Best Credit Card Promotions for Mooncake Discounts
Here are the mooncake discounts for Citibank, UOB, DBS/POSB and OCBC. There are some 20 to 30+ promotions for each, so feel free to scroll (within each table) for all the discounts. Out of the 5 most ... ( read original story ...)
Singapore Retail Banking Survey: 65% of Singapore Customers Interested in Digital Banking
According to a recent survey, in Singapore digital banking has some pent up demand. JD Power has published a brief retail banking satisfaction study and, according to their numbers, 65% of consumers ... ( read original story ...)
Google and UOB launch training programme to help SMEs grow
“The businesses in Singapore are part of the fastest growing developing region ... The partnership between Google and UOB combines the kind of things we want our SMEs to adopt and leverage on, in ... ( read original story ...)
Best Mooncake Deals in Singapore 2019
Millenia Singapore. Enjoy 15% off all Ritz-Carlton snowskin mooncakes from 8 August to 13 September 2019 when you pay using any Citibank, DBS, OCBC, POSB, or UOB credit card! Let’s just agree that ... ( read original story ...)
Five buys out of five as UOB continues to deliver steady growth amid uncertainties
Looking ahead, Wickramasinghe says macro weakness in Singapore should be tempered by exposure to higher growth markets where nearly half UOB’s loans are booked. And although rising NPL risks are a key ... ( read original story ...)
Singapore sheds household debt as housing market slows: HSBC
Household debt as a share of Singapore’s GDP already fell below the 70% mark. The high-debt markets of Singapore and Malaysia are leading their Southeast Asian peers in the decline of the stock of ... ( read original story ...)
HSBC to cut 4,000 jobs, says Singapore ‘remains key’ to growth
SINGAPORE: British bank HSBC will axe thousands of jobs globally in an overhaul of its operations, but said its Singapore business “remains key” to its growth. The bank will axe 2 per cent of its ... ( read original story ...)