On the day of Singapore's 2020 election, Squawk Box Asia talks with Bernadette Cho of Entrepreneur First Singapore to talk about what could entice more start-ups to the city state, as well as how the ... ( read original story ...)
Trade Finance Under Scrutiny in Singapore
After a $9 billion credit hit resulting from forged documents, use of the same cargo to secure multiple loans, and other types of fraud, banks seek a revamp of the trade finance infrastructure. ( read original story ...)
After $9 Billion Credit Hit, Banks Seek Trade Finance Revamp
When Credit Agricole SA and HSBC Holdings Plc issued a payment guarantee for a $76.5 million fuel purchase from a Singapore trader in March, they unwittingly became the latest victims in a series of ... ( read original story ...)
Tencent Cloud teams up with ADBC on banking services
Singapore’s Asia Digital Bank Corporation could leverage Tencent Cloud’s financial cloud platform to provide banking services to SMEs ... ( read original story ...)
After $9 Billion Credit Hit, Banks Seek Trade Finance Overhaul
“It’s tumbling down like a house of cards - everybody is caught in the whirlwind,” said Robson Lee, a corporate finance law partner at Gibson, Dunn & Crutcher LLP’s Singapore offic ... ( read original story ...)
Singapore’s ADBC and Tencent to jointly develop cloud-based banking solutions
Tencent Cloud has signed a memorandum of understanding (MoU) with Singapore's Asia Digital Bank Corporation (ADBC) to jointly develop cloud-based banking technology. Under the MoU, ADBC will use ... ( read original story ...)
Singapore in Survival Mode Looks to Reinvent Itself. Again
Follow Bloomberg on LINE messenger for all the business news and analysis you need.The pandemic is proving the ultimate test for Singapore, the tiny city-state that has a reputation of reinventing ... ( read original story ...)
Singapore Data Center Market, 2025 – Increased Investment in Facilities Will Be a Strong Driver for Server Infrastructure Adoption
The "Singapore Data Center Market - Investment Analysis and Growth Opportunities 2020-2025" report has been added to ResearchAndMarkets.com's offering. In-depth Analysis and Data-driven Insights on ... ( read original story ...)
Singapore election: People’s Action Party, Workers’ Party bring out the political veterans as campaigning ends
Singapore's ruling People’s Action Party seeks vote of confidence ... who as the sole deputy prime minister as well as finance minister is in line to succeed Lee. Lee, 68, had previously said he would ... ( read original story ...)
Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert
Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure ... ( read original story ...)
Interactive Brokers Forms New Singapore Entity
Interactive Brokers Group, a global inline brokerage, has opened with a new Singapore office by setting up a local entity - Interactive Brokers Singapore. ( read original story ...)
Singapore Data Center Market: Investment Analysis and Growth Opportunities (2020-2025) – ResearchAndMarkets.com
Investment Analysis and Growth Opportunities 2020-2025" report has been added to ResearchAndMarkets.com's offering. ( read original story ...)
Singapore’s staycations can’t fill $20 billion tourism gap
Singapore's tourism sector faces a tougher challenge, as the hotels were just given a green light last week to request approval to welcome domestic tourists. Many locals like teacher Najeer Yusof ... ( read original story ...)
Singapore Doesn’t See Second Coronavirus Wave at This Point
Singapore says it doesn’t see a second wave of coronavirus infections at this point, even as the number of community and imported cases ticked up after the city-state lifted restrictions put in place ... ( read original story ...)
Singapore-based Hontop Energy accused of suspicious trades
Collapsed oil trader Hontop Energy has been accused by its biggest lender of “suspicious transactions” in the latest scandal to rock Singapore’s commodity sector. Malaysian bank CIMB made the ... ( read original story ...)
‘No reason’ to hold Singapore’s general elections amid pandemic, says opposition party
"There's no way that an election held under these conditions can be free and fair," says Reform Party chief Kenneth Jeyaretnam, who emphasizes the need for Singapore's voters to embrace political ... ( read original story ...)