The three listed banks in Singapore are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11). The banks make up close to 37% of the Straits Times Index (SGX: ^STI) and are loved ... ( read original story ...)
OCBC inks 10-year deal with Bank of Ningbo in Singapore
One of Singapore's largest bank, the Oversea-Chinese Banking Corp Ltd (OCBC Bank), has forged deeper ties with its associate Bank of Ningbo by signing a 10-year strategic cooperation agreement. According to a report from the Straits Times, OCBC Bank eyes ... ( read original story ...)
Singapore Hosts an Elite Gathering of Fintech and Cyber Security Experts
Digitally, Singapore is one of the most connected nations in the ... having a global business vision and forging a win-win security situation. Here at Fintech Finance, we work with renowned executives in the industry to provide key decision-makers ... ( read original story ...)
Singapore heavyweights team up on blockchain
In trade finance, most big banks have been operating pilots testing the technology’s mettle in transactions. Large logistics players such as Maersk have also been trailing solutions to improve freight processing. Meanwhile, Singapore has been a hotbed ... ( read original story ...)
Bodies of some of the 10 missing US sailors found after collision off Singapore
The McCain was heading to Singapore on a routine port visit after conducting a ... including tactical and navigational proficiency," he said yesterday at a press conference. ABC News' Lucien Bruggeman, Luis Martinez, Ben Gittleson and Marcus Mewborn ... ( read original story ...)
Singapore PM calls for country to follow China’s lead in mobile payment revolution
While Singapore may be considered one of the most technologically advanced and forward-thinking countries on Earth, in a speech on Sunday to mark the city-state's National Day, Prime Minister Lee Hsien Loong couldn't help but notice that the Lion City was ... ( read original story ...)
OCBC Bank accelerates revenue growth with chatbot
Singapore's OCBC Bank has created a marketing chatbot to accelerate revenue growth. Called Emma, the chatbot was able to facilitate S$33 million in home loans in six months. It was launched in January 2017 and since its launch, the traffic to the chatbot ... ( read original story ...)
A quarter of vacancies at Singapore banks are now in this single job sector
These are the people that DBS, OCBC and UOB really want to recruit. http://news.efinancialcareers.com/sg-en/292862/leave-singapore-banking/ Singapore’s three local banks – DBS, OCBC and UOB – may not being adding headcount as aggressively as last ... ( read original story ...)
Top Singapore taxi firm ComfortDelgro in exclusive talks with Uber
SINGAPORE (Reuters) - Singapore's biggest taxi operator, ComfortDelgro Corp Ltd (CMDG.SI), entered into exclusive talks with Uber Technologies Inc for a potential tie-up, it said on Tuesday, in a move that could help Uber in its fight with dominant ride ... ( read original story ...)
Singapore stocks end 5-day slump as Asian markets end broadly higher
Stocks in Singapore escaped a losing streak on Tuesday. Stock markets were broadly higher across Asia ... who will gather at the annual conference that kicks off Thursday. “The market continues to wait on policy makers for direction,” said Michala ... ( read original story ...)
Singapore July industrial output seen rising most in 7 months year-on-year
SINGAPORE (Reuters) - Singapore's industrial production likely rose at the fastest annual pace in seven months in July, thanks to a global electronics boom, a Reuters poll showed. The median estimate in the survey of 11 economists was for industrial output ... ( read original story ...)
Busy waters around Singapore carry a host of hazards
SINGAPORE — The shipping lanes around Singapore, among the world’s busiest, carry a host of challenges to safe navigation, including a narrow strait, frequently limited visibility and thousands of vessels sailing through daily. Countless ships have ... ( read original story ...)
India’s foreign reserves at record high: DBS
SINGAPORE: India's foreign reserves continue to march to record highs, touching USD 393 billion early this month backed by strong foreign portfolio and investment flows, according to Development Bank of Singapore (DBS). "Strong year-to-date foreign ... ( read original story ...)
Singapore Says It’s Seeking Business With Startups to Spur Them
Singapore’s government will support technology startups by doing business with them rather than having them rely on grants as the city-state pushes ahead with a plan to become a high-tech hub, a top minister said. The government wants to fuel private ... ( read original story ...)
Singapore Bank Stocks: UOB Is Top Pick, Upgraded to Buy
Singapore's big three bank stocks have reported their first half earnings but United Overseas Bank has emerged as the pick of the bunch for Maybank Kim Eng. The brokerage upgraded UOB (U11.SG) to buy from hold on its 'selective lending' strategy and its ... ( read original story ...)
OCBC Bank and China’s Bank of Ningbo to deepen ties over 10 years
SINGAPORE - OCBC Bank has inked a 10-year strategic cooperation agreement with its associate company, China's Bank of Ningbo, said the Singapore bank on Tuesday (Aug 22). The plan is to "deepen collaboration across a broad range of business areas ... ( read original story ...)