Singapore, one of Asia's major banking hubs ... Among Alternative Circle's products is Shika, a mobile application for people who are looking for quick loans. Australian bank ANZ has gone on record as saying it wants to operate more like a startup and ... ( read original story ...)
Singapore is the second most attractive country for IPOs
IPO activity could rise by as much as 30% in a year. Singapore ranked after Hong Kong in a global ranking of attractiveness for mergers and acquisitions (M&A) and initial public offerings (IPO), legal firm Baker McKenzie revealed. According to a report ... ( read original story ...)
Singapore’s Property Market Is Set to Sizzle
A series of blockbuster land deals in Singapore this year signal the city-state’s property market is set to break out of its prolonged slump in 2018. The spending spree may not be over, with more than S$3.3 billion ($2.5 billion) of land deals set to be ... ( read original story ...)
UOB first in Asia with Fitbit Pay
Ms Choo Wan Sim, Head of Cards and Payments Singapore, UOB, said, “We continuously look for ways to enable our customers to make payments simply, easily and quickly. What we can see is that contactless payments are winning the race when it comes to the ... ( read original story ...)
Singapore is so much more than a stopover destination – and here are the best things to see and do for a week’s break
Singapore has long served as a stopover destination for both business travellers and holidaymakers - but the island country actually has so much more to offer. In fact, there's so much to see and do that if you were to cram them all into your itinerary ... ( read original story ...)
Singapore market may test support at 3,400 points
SINGAPORE: The Singapore stock market on Friday snapped the three-day winning streak in which it had advanced more than 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,420-point plateau and it may open under pressure again on ... ( read original story ...)
Singapore founder’s grandson names lawyer in contempt case
SINGAPORE/CAMBRIDGE, Massachusetts (Reuters) - A nephew of Singapore’s prime minister said a contempt of court proceeding against him, stemming from comments he made about the country’s legal system, was “meritless” and he had appointed a lawyer to ... ( read original story ...)
The Best Credit Cards in Singapore for Online Shopping
While most credit card users in Singapore appreciate this ... Get more information about the OCBC Frank Card here. The Citibank Rewards Card earns you 10X Citi Dollars for every $1 spent online. That’s 4 air miles per $1 spent. That’s great! ( read original story ...)
Noble Group Loses Key Bank Support as DBS Cuts Lending
Noble Group Ltd., the commodity trader fighting for survival, lost support from one of its key banks as Singapore’s DBS Group Holdings Ltd. cut lending, according to a person with knowledge of the matter. DBS sold its $60 million stake in Noble’s $1.1 ... ( read original story ...)
Singapore still vulnerable to cybercrime amidst Smart Nation plans
Lack of trained human capital is to blame. The Singapore government has launched Smart Nation plans to increase productivity, but their implementation is still likely to cause mixed results, BMI Research said. According to the firm's analysis, programmes ... ( read original story ...)
Here’s the latest developments in the Fintech industry in Singapore
Singapore is slowly becoming a financial technology hub. The country has emerged as a worthy competitor to the likes of London when it comes to drawing intellectual and funding capital. Efforts by the Monetary Authority of Singapore – geared towards ... ( read original story ...)
Singapore Morning News For November 13
The public consultation for the draft Cybersecurity Bill has closed, and attracted a more-than-expected 92 submissions from a “wide and diverse range of stakeholder groups”, according to the Ministry of Communications and Information (MCI) and the ... ( read original story ...)
DBS teams up with Equinix to reduce datacentre footprint
DBS has been one of the forerunners in adopting cloud computing among Singapore’s financial institutions. It plans to move 50% of its compute workload to the public cloud by 2018, and is already using Amazon Web Services to power certain workloads such ... ( read original story ...)
Keppel-KBS US REIT IPO 6.7 times oversubscribed
The Singapore IPO raised $273m. The Singapore initial public offering (IPO) of Keppel-KBS US REIT has received 9,064 applications for 227,764,700 units. The public offer was 6.7 times oversubscribed, raising $273m (US$200.4m). According to a press release ... ( read original story ...)
Singapore Traders Are About to Get Their First Lunch Break in Six Years
Imagine not having a lunch break for 6 1/2 years. For stock brokers in Singapore, that’s about to end. Starting Monday, some 3,000 of them will be able to step out for an hour from noon for a midday trading intermission, taking a break at the same time ... ( read original story ...)
DBS to save costs with cloud data centre
SINGAPORE - DBS Bank is partnering data centre provider Equinix to plug one of its data centres in Singapore into the cloud. The move will enable the bank to move its main data centre to an area a quarter of the size, which will make the centre 75 per cent ... ( read original story ...