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Posted on 09/05/2023

How Singapore’s giant sovereign wealth fund is investing in generative AI technology

GIC manages hundreds of billions of dollars in assets. It's invested in tech for decades and is unfazed by last year's tech stock rout.

Posted on 09/05/2023

Blackstone’s Nexus Select Trust IPO:Non Institutional Investors show interest so far; check details

The issue that opened for subscription on Tuesday, May 9, and closes on Thursday, May 11. For the proposed IPO, the company has set the price range at ₹95 to ₹100 per equity share.

Posted on 09/05/2023

Standard Chartered expands its partnership with Tazapay

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride ...

Posted on 09/05/2023

Tenity Launches XRPL Accelerator in Singapore for Early-Stage Blockchain, Crypto Startups

Tenity announced that it has become a programme partner of the XRPL Accelerator in Asia Pacific with the launch of a Singapore-based cohort.

Posted on 09/05/2023

WhatsApp now allows Singapore-based users to pay businesses within the app

After India and Brazil, WhatsApp is launching the ability to pay businesses within a chat in Singapore. Meta has partnered with Stripe to roll out the feature in the region. WhatsApp has built this ...

Posted on 09/05/2023

Singapore pitches new law to slow spread of cybercrime

The Singapore government is looking to pass new legislation that will allow it to issue directives to combat the "scale and speed" of cyber-criminal activity, including blocking access to suspected ...

Posted on 09/05/2023

Singapore HDB to streamline income and subsidy eligibility assessment for flat buyers

The HDB will be streamlining the income assessment period and the assessment of household eligibility for housing subsidies. Find out more.

Posted on 09/05/2023

Singapore’s daily COVID-19 cases drop to 3,000 as wave passes peak: Ong Ye Kung

COVID-19 wave in Singapore passes peak with daily cases dropping to 3,000. Health Minister Ong Ye Kung provides update on the situation.

Posted on 09/05/2023

Singapore: High inflation and slowing trade make for a challenging year

Singapore managed to record respectable growth in 2022 (3.6% year-on-year), supported by an improvement in global trade and robust domestic consumption. However, momentum is now clearly fading with ...

Posted on 09/05/2023

Virtual Banking: Singapore’s OCBC Digital Silvers Program to Equip Elderly with Modern Financial Skills

OCBC Bank will be ramping up its Digital Silvers program with the aim of upskilling 2,000 elderly customers from now until the end of the year.

Posted on 09/05/2023

Wealth Summit Latest: HSBC Expanding Business in Asia, London

The Bloomberg Wealth Asia summit returns to Hong Kong after a three-year break, bringing together the region’s leading investors, economists and money managers.Most Read from BloombergPowell’s Bet ...

Posted on 09/05/2023

Singapore Wealth Fund Sees More Growth in Fintech After Downturn

Singapore’s sovereign wealth fund said it still sees more growth in the financial technology sector, even after a downturn that’s sent startup valuations plummeting as investors turn away from riskier ...

Posted on 09/05/2023

Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative

Orbit Markets, an institutional liquidity provider of crypto options, is rolling out the first bitcoin ... XAUT or bitcoin as designated by OrBit, the Singapore-based company said. In its statement, ...

Posted on 09/05/2023

Singapore fines Chinese woman US$9,000 for smuggling nearly 175kg of food, including duck and pig blood

Singapore Immigration officers uncovered 101.45kg of assorted meat products and 73.65kg of processed food products belonging to Chinese national, Mei Hua.

Posted on 09/05/2023

From 2024, You Won’t Need A Passport At Singapore Checkpoints

From 2024, Singapore will set up Automated Border Control System ... concept (NCC), which is aimed at providing faster and more secure immigration as well as customs clearance, a report in Straits ...

Posted on 09/05/2023

Tech’s been hit by layoffs. But Singapore is still investing big in its talent — in tech and beyond

But despite the downsizing, Singapore is still investing heavily in tech skills. Efforts at hiring and cultivating tech talent — in both the country’s tech and non-tech sectors — continue to be robust ...

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