The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to collaborate and mutually support the development of the Fintech ecosystems and encourage financial innovation between the two countries. Today, MAS and the Bank signed a ... ( read original story ...)
Singapore pips London, NY to top global smart city ranking
Singapore has triumphed over big guns like London and New York to top a global ranking of smart cities in 2017. The ranking lists the top 20 cities in terms of the integration of Internet of Things (IoT) technology and connected services across the key ... ( read original story ...)
Singapore Bourse May Take Further Damage On Thursday
(RTTNews.com) - The Singapore stock market on Wednesday halted the four-day wining streak in which it had advanced more than 100 points or 3 percent. The Straits Times Index now rests just shy of the 3,540-point plateau and the losses may accelerate on ... ( read original story ...)
Singapore: President Halimah Yacob gives assent to Budget 2018
Facebook/Halimah Yacob/President's Office Singapore President Halimah Yacob said on on Tuesday ... Advisers)", who attended a detailed briefing on Budget 2018 by Ministry of Finance officials with her earlier this month. The CPA recommended Halimah to ... ( read original story ...)
Singapore could be the first casualty of a looming trade war
In an interview with Singapore Business Review, she noted that this would only occur if the Western superpower defaults on its trade obligations and pulls out of the North American Free Trade Agreement and imposes blanket trade tariffs on China ... ( read original story ...)
Singapore starts landmark public hearing on fake news
SINGAPORE (Reuters) - Singapore on Wednesday began a public hearing on how to tackle the threat of fake news, with speakers suggesting measures ranging from blocking websites to balancing the interests of national security and free speech. The wealthy city ... ( read original story ...)
UOB nabs an HSBC CIO, shifts him to Singapore
Darmawan joined the Republic’s third largest local bank at executive director level earlier this month, relocating from Jakarta to Singapore in the process, according to his public profile. UOB has been among the more aggressive recruiters in the ... ( read original story ...)
DBS Group Holdings Ltd.
The company was founded in 1968 and is headquartered in Singapore. DBS Group Holdings was originally incorporated as The Development Bank of Singapore in 1968. It started as a financing institution for Singaporean companies and urban development projects. ( read original story ...)
Singapore: Public Order Bill threatens to further restrict assembly and speech rights
Singapore's proposed public order law would further empower ... "impede[s] the flow of vehicular and pedestrian traffic and interfere[s] with normal trade of business activities in the area" could be considered a "serious incident", justifying activation ... ( read original story ...)
OCBC Bank is the First Bank in Singapore to Launch its own Artificial Intelligence Unit
Suppose your car is involved in a minor mishap, and you hold a Great Eastern motor insurance policy bought from OCBC Bank. Would it not be convenient if you could simply send an image of your dented vehicle to your insurer via your mobile phone, and get an ... ( read original story ...)
156 banks in Singapore target inclusive hiring
Also read: Find out which Singapore bank leads in productivity The advisory said banks should proactively assess the likely impact of technological changes on their workforce, and work with the MAS, Institute of Banking and Finance, and Workforce Singapore ... ( read original story ...)
OCBC sets up in-house AI unit with initial injection of S$10m over 3 years
SINGAPORE - OCBC Bank has set up an in-house unit to develop artificial intelligence (AI) capabilities, with an initial investment of S$10 million over three years. AI Lab@TOV, which operates under OCBC's fintech and innovation group, aims to drive the ... ( read original story ...)
Singapore launches public hearings on ‘fake news’
Singapore Wednesday launched public hearings on possible legislation to combat "fake news" which critics said could be used to curtail free speech. A 10-member parliamentary committee was set up in January to tackle false online information which the ... ( read original story ...)
APAC Realty, MLN join forces to target wealthy Chinese property buyers
APAC Realty’s Jack Chua and Juliet Zhu of MLN Overseas today signed a partnership agreement to provide a range of services to Chinese property buyers. UPDATED: Singapore-listed real estate brokerage APAC Realty, which operates under the ERA brand ... ( read original story ...)
Singapore’s OCBC establishes dedicated AI Lab
Singapore's OCBC Bank is to spend $10 million over the next three years to develop inhouse expertise in artificial intelligence with the creation of a dedicated AI division. OCBC launched its first AI-powered chatbot, Emma, in 2016 to respond to customers ... ( read original story ...)
Singapore bank sets up unit to drive in-house AI development
OCBC Bank has set up a new unit dedicated to developing and integrating artificial intelligence (AI) capabilities into its products and services. The Singapore bank said it was investing an initial amount of S$10 million (US$7.6 million) over three years ... ( read original story ...)