Participating financial institutions include Bank of America Merrill Lynch, Citi, Credit Suisse, DBS Bank Ltd, HSBC Limited, J.P. Morgan, Mitsubishi UFJ Financial Group, OCBC Bank, Singapore Exchange, Standard Chartered Bank, and United Overseas Bank. ( read original story ...)
Axwell and Ingrosso, Marshmello among ZoukOut 2017 acts announced
Two-day passes, bundle tickets and discounted tickets for DBS or POSB Cardmembers are also available. All of the acts announced so far are no strangers to Singapore, having played at previous editions of ZoukOut, other music festivals such as Laneway ... ( read original story ...)
Singapore’s MAS seen on hold as market watches for policy clues
SINGAPORE — Singapore's central bank is widely seen sticking to a neutral stance on Friday (Oct 13), but it may be moving closer to tightening policy as the economy continues to strengthen. All but one of the 23 economists surveyed by Bloomberg predict ... ( read original story ...)
Johanna Konta fails to qualify for WTA Finals in Singapore after Moscow withdrawal
Johanna Konta has failed to qualify for the WTA Finals in Singapore after withdrawing from the Kremlin Cup in Moscow. Del Potro keeps Federer rematch hopes alive after downing furious Zverev The Brit had slipped 185 points behind Caroline Garcia after the ... ( read original story ...)
Baby rhino gallops into public view at Singapore Zoo
A baby white rhino has made his first foray into the spotlight, galloping into a public enclosure at Singapore Zoo after being given a name—Oban, which means "King" in the African Yoruba language. The calf had spent the first few weeks of his life ... ( read original story ...)
Singapore stocks climb to over 8-week high; SPH gains
Singapore stocks joined global stock rally on Thursday following all-time highs for the U.S. stocks after minutes showed caution at the Federal Reserve over the timing of future rate hike. Asian stocks were near a decade high on Thursday, riding the bull ... ( read original story ...)
Where Did DBS Group Holdings Ltd Generate Its Income From In 2016?
Secondly, we can see that about 66% of 2016’s income was derived from Singapore while the remaining 34% was from overseas – with Hong Kong accounting for the bulk of overseas income. From the above, we can see that DBS Group generates its income from ... ( read original story ...)
Case Study: Conversational AI Powers DBS digibank’s Virtual Banking Assistant
Singapore’s largest bank, DBS, rolled out India’s first mobile-only bank with just one-fifth of the resources of a traditional bank, leveraging Kasisto’s conversational AI platform, KAI Banking. DBS launched the assistant across channels – from ... ( read original story ...)
Cash management: DBS reaps what it sows
Take PriorityPay. It provides clients in Singapore, Hong Kong, China, Taiwan, India and Indonesia with faster and cheaper fund transfers across the DBS network. The bank extended the cut-off time for telegraphic transfers to speed up processing – both ... ( read original story ...)
Singapore stocks drift lower as lenders drag
Singapore stocks edged lower on Wednesday, dragged lower by financial shares such as DBS Group even as Asian equities trading near decade highs on easing Catalan worries. Asian shares rose while the euro hovered near a 10-day peak after Catalonia's leader ... ( read original story ...)
Singtel, Ericsson to invest S$2m to facilitate Singapore’s 5G development
SINGAPORE: Singtel and Ericsson have joined forces to launch a Center of Excellence (CoE) to help the Republic gear up for the 5G mobile network switch. The duo will pump an initial S$2 million over the next three years into the CoE, which aims to ... ( read original story ...)
Singtel, Ericsson to accelerate 5G adoption in Singapore
Singtel and Ericsson will soon be jointly launching a 5G Centre of Excellence (CoE) in Singapore. With an initial investment of S$2 million over the next three years, the CoE aims to lead the development of 5G mobile network infrastructure and accelerate ... ( read original story ...)
Singapore Central Bank Seen Edging Toward Tightening Policy
Singapore’s central bank is widely seen sticking to a neutral stance on Friday, but it may be moving closer to tightening policy as the economy continues to strengthen. All but one of the 23 economists surveyed by Bloomberg predict the Monetary Authority ... ( read original story ...)
New entrant in Singapore’s bike-share battle
Another dockless bike-sharing service - this time backed by Chinese electronics firm Xiaomi - is expected to ... Baicycle, available in China and Japan, will be brought to Singapore by Xiaobai Technology, a local company started by Mr Terence Tan, who ... ( read original story ...)
Kobe Steel ops in Singapore ‘not affected by scandal’
As such, its Singapore subsidiaries - which manufacture items such as gauges and strips for use in the electrical and electronics industries, as well as electrodes used in shipbuilding and repair - are not affected, he added. The Japanese firm is ... ( read original story ...)
Singapore’s hidden home-sharing economy is quietly on the rise
SINGAPORE — Sizing up the home-sharing industry in Singapore has become the economist's puzzle as the aspiring "Smart Nation" grapples with resistance to next-door strangers. Despite government rules restricting the likes of Airbnb Inc operating in ... ( read original story ...)