The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have agreed to work together to support the development of the FinTech ecosystems and encourage greater financial innovation in the two countries. The FinTech Co-operation Agreement ... ( read original story ...)
Yes Bank launches a digitised trade finance solution
The initiative aims to bring over one lakh trade transactions going entirely digital, across major geographies including China, US, Singapore, Germany and Hong Kong. BENGALURU: Private sector lender Yes Bank has launched a robotics based ‘Digital export ... ( read original story ...)
Singapore firms supplied North Korea’s top brass with luxury goods: UN report
a North Korean bank the US put on its sanctions list in 2017 OCN’s headquarters in Singapore However, the two companies denied any wrongdoing to the UN. T Specialist testified that the funds did not come from North Korea but from a company registered in ... ( read original story ...)
Effective engagement is key for banks in Singapore to retain customers, finds survey
SINGAPORE (March 15): Two-fifths (40%) of local retail banking customers in Singapore are ready to stop or cancel their services with a bank on the grounds of poor customer engagement, according to a recent study commissioned by customer experience & call ... ( read original story ...)
Central banks of Lithuania, Singapore to cooperate in fintech
The central banks of Lithuania and Singapore have signed an agreement on cooperation in the field of financial technologies, known as fintech, reports LETA/BNS. Photo: lb.lt The Bank of Lithuania said it had signed the deal with the Singaporean monetary ... ( read original story ...)
Singapore tightens hiring norms, more trouble for Indian techies
Under the Comprehensive Economic Cooperation Agreement, Singapore is committed to facilitating free movement of skilled professionals in the Information Communications Technology (ICT) domain for short durations. "However, there is no separate visa ... ( read original story ...)
Cheap deals and holographic technology make an appearance at IT Show 2018
SINGAPORE -It's not quite Star Wars technology but visitors to the four-day IT Show 2018 at Suntec Singapore - which opened on Thursday (March 15) - can catch a new 3D-hologram display that is being showcased to the public for the first time in Singapore. ( read original story ...)
Singapore tops global rankings on smart cities
Singapore has come out tops in a global smart city performance study, beating 19 other cities in harnessing technology to improve areas such as mobility, healthcare, public safety and productivity. By submitting your personal information, you agree that ... ( read original story ...)
Mr. Roboto Goes to Singapore: Why This Small Country is Pushing the New Frontiers of Robotics
While Movel AI’s technology is undergoing pilot testing to make their technology “more robust and adaptive,” there’s already a ready market in Singapore for rolling out their software as it is in line with the vision of the Singaporean government ... ( read original story ...)
SMRT teams up with McLaren to use F1 technology to monitor train performance
SINGAPORE - Trains here could soon undergo rigorous Formula ... SMRT and McLaren engineers are aiming to adapt race car condition-monitoring technology to assess the performance of MRT trains. Such technology, used on F1 cars, provides information from ... ( read original story ...)
Singapore deploys McLaren’s F1 tech to monitor MRT train performance
SINGAPORE’S SMRT Trains will be working closely with UK-based McLaren Applied Technologies to adapt Formula 1 race car technology to monitor the performance of its MRT trains as the city-state looks to preserve its status as having one of the most ... ( read original story ...)
Singapore Shipping Association: Cash raising exercise
However, for Esben Poulsson there’s no time to celebrate, it’s more important to bolster some weaker parts of Singapore’s maritime jigsaw. The area the SSA president wants to boost the most is in finance. Going forward, Poulsson wants to make it as ... ( read original story ...)
DBS Home Loan Review Singapore 2018 – Comparing the Most Affordable Home Loan Rates from DBS
DBS home loan rates are some of the most unique on the market today. They do not offer any SIBOR-linked rates, preferring to focus completely on the DBS Fixed Home Rate, or FHR. This is not surprising since they pioneered the concept of fixed deposit ... ( read original story ...)
PCS opens naphtha import facilities on Jurong Island
Petrochemical Corporation of Singapore (PCS) yesterday marked the official opening of its US$80 million (S$105 million) naphtha import facilities on Jurong Island, a project first announced two years ago in 2016. PCS' newest installation includes eight ... ( read original story ...)
Singapore has something for just about everyone
It has never been cheaper to fly to Singapore and the city-state has never been more attractive for visitors. New sight-seeing attractions, some amazing new hotels, and world-class restaurants have added new appeal to this long-popular destination. ( read original story ...)
Tackle fake news with laws and other steps, panel told
Among them, Singapore Management University law dean Goh Yihan noted gaps in Singapore's existing legislative framework in dealing with the rapid spread of fake news. Associate Professor Goh, in looking at how existing laws such as the Sedition Act and ... ( read original story ...)