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 ...
Bank ABC Opens a Branch in Singapore
Bahrain-based Bank ABC (Arab Banking Corporation), the leading international banking Group in the MENA region, has announced the opening of a branch in Singapore. This comes as part of the Bank’s plan to expand its international network, which already ... ( read original story ...)
NTU and Saab enter high-end digital technology partnership
Nanyang Technological University (NTU Singapore), one of the world’s leading research-intensive institutions, and top Swedish defence and security technology leader Saab, will set up a joint research centre as part of a collaboration to develop research ... ( read original story ...)
Qantas’s Kangaroo route to boost Singapore
The Singapore Tourism Board expects more Australian tourists will visit the Lion City after Qantas reinstates the Kangaroo route between Australia and Britain in March. Of the 16.4 million international holiday-makers and business visitors Singapore draws ... ( read original story ...)
Singapore’s Lee arrives for Asean Summit
The public family feud dominated Singapore’s news in June, with his siblings accusing him of wanting to turn their ancestral home into a monument of the Lees to bank on his father’s name for political gains. The Philippines and Singapore have enjoyed ... ( read original story ...)
Singapore Morning News For November 10
Three radicalised Singaporeans have been arrested under the Internal Security Act (ISA) between September and this month for engaging in terrorism-related activities, including a soldier who was serving full-time national service at the time of arrest ... ( read original story ...)
Singapore fights crime the smart, integrated way with facial recognition technology
TOKYO - Singapore’s crime-busters have teamed up with Japanese technology giant NEC to form a Smart Command Centre, in a bid to fight crime more efficiently and effectively. The centre began operations this year, and taps NEC’s Neoface facial ... ( read original story ...)