Genting Hong Kong exits Singapore bourse

Casino operator Genting Hong Kong is exiting the Singapore Stock Exchange as the holding company consolidates ... “Genting Hong Kong is committed to the growth of the Asian cruise market. As we continue to expand our product offering and services to ... ( read original story ...)

DBS’ journey to a cashless society

In April this year, DBS announced a vital new iteration for PayLah! In a Singapore first, all DBS PayLah! users – including non-DBS/POSB customers – can now pay using QR codes and also receive funds by generating their own QR code. This is a key step ... ( read original story ...)

UOB launches Business Banking service for SMEs

HCM CITY — Singapore’s United Overseas Bank (UOB) has launched a Business Banking service dedicated to help small businesses in Việt Nam grow their business. The move followed the recent State Bank of Việt Nam’s licensing of UOB as a foreign ... ( read original story ...)

OCBC app to offer voice banking

Singapore's Smart Nation push saw a new development with OCBC tapping Apple's Siri virtual assistant to allow businesses to transfer funds just by speaking to their Apple iPhone. This will be possible with next Monday's roll-out of a new feature on its ... ( read original story ...)

The ship is still sinking for Singapore’s shipyard sector

Oil prices and contract wins are not enough. Despite the rise in prices in the Brent crude and recent contract wins, recovery may still be out of reach for the shipyard sector, according to UOB Kay Hian. The firm said the recent rally in Brent crude prices ... ( read original story ...)

Singapore stocks snap two-day fall as lenders recover

Singapore stocks recovered after two sessions of declines on ... United Overseas Bank gained 1.4 percent, Overseas-Chinese Banking Corp gained 0.5 percent and DBS Group Holdings added 0.8 percent each. Shares in the aircraft maintenance company SIA ... ( read original story ...)

Singapore, Thailand Weigh E-Payment Alliance in Digital Push

according to a Monetary Authority of Singapore release on Aug. 29. Both networks allow peer-to-peer transfers via banks and enable payments to be made using recipients’ mobile phone or national identity card numbers. Thailand’s priority is to ... ( read original story ...)

Singapore’s public sector finds agility and speed in AWS

When WordPress developers issued a critical software update earlier this year, the Singapore government was able to apply the update across its websites that were powered by the popular content management system within hours. Download this free guide Cloud ... ( read original story ...)

Singapore and Thailand look to link e-payment schemes

Thailand and Singapore have announced tentative plans to integrate their respective e-payment schemes in a bid to promote digital banking, according to a Bloomberg report. The initiative, which would be a first in the Asean region, is also being driven by ... ( read original story ...)

Singapore’s MAS May Tighten Policy, Pimco Says

UOB and HSBC expect the monetary authority to keep its policy ... It doesn’t disclose details on the basket, or the band or the pace of appreciation or depreciation. The Singapore currency’s trade-weighted index is approaching its highest level in ... ( read original story ...)

InnoVen Capital appoints Ashish Sharma as CEO for India

InnoVen is a pan-Asian venture debt platform jointly owned by UOB and Temasek, with offices in Mumbai, Singapore and Beijing. As India's oldest and largest venture debt platform, InnoVen has supported and provided more than USD 240 million in capital to ... ( read original story ...)