SINGAPORE Singapore's exports in October shrank more than expected as sales to major markets fell, with those to Europe contracting sharply and raising risks of a recession in the trade-dependent economy. Non-oil domestic exports (NODX) skidded 12.0 ... ( read original story ...)
Singapore firms wary about rushing into Myanmar
Singapore Business Federation chief executive Ho Meng Kit said results from its National Business Survey released in January showed that Myanmar was the most popular market for Singapore companies wanting to venture overseas. But that enthusiasm has not ... ( read original story ...)
Singapore tests digital currency system to ease bank payments
Singapore - Singapore will launch a new electronic payment system using blockchain, the technology behind the cryptocurrency Bitcoin, the city-state's central bank chief said Wednesday. The Singapore stock exchange and eight banks will take part in the ... ( read original story ...)
Singapore wants to steal London's fintech crown after Brexit
SINGAPORE (Reuters) - Britain leaving the European Union is opening up an opportunity for Singapore to recruit talent for its ambitious plans to become a leading financial technology hub, said the chief FinTech officer of the city-state's central bank ... ( read original story ...)
Two firms in race to be Singapore's fourth telco
It also indicated that the Singapore business would be funded from existing debt facilities and cash generated from Australian operations. A TPG spokesman told The Business Times that the company believed "strongly" that mobile telephony and broadband are ... ( read original story ...)
Singapore sees Brexit as chance to recruit London's FinTech talent
SINGAPORE Britain leaving the European Union is opening up ... Some 11,000 participants - including software giant Microsoft and global banks such as Citibank and Standard Chartered - from over 50 countries gathered for the FinTech event. ( read original story ...)
Singapore Working on Interbank Payments Blockchain
The trial project is also exploring cross-border transactions, Ravi Menon, managing director of the Monetary Authority of Singapore, said in a speech Wednesday. The city’s stock exchange, its largest bank DBS Group Holdings Ltd., its two local rivals ... ( read original story ...)
Singapore and Luxembourg ink agreements in R&D
SINGAPORE: Two agreements were signed between Singapore and Luxembourg on Tuesday (Nov 15) to deepen partnerships in areas of research and development. These will pave the way for millions of dollars in funding for joint projects. Luxembourg Prime Minister ... ( read original story ...)
Singapore to launch blockchain project for interbank payments
SINGAPORE Singapore's central bank on Wednesday said it will launch a pilot project with the country's stock exchange and eight local and foreign banks to use blockchain technology for interbank payments including cross-border foreign currency transactions. ( read original story ...)
Coldplay coming to Singapore next April
Tickets for the 8pm show in Singapore start at S$78 and go up to S$298 for a VIP standing ticket, which includes priority entry, a lanyard and official merchandise, organiser Live Nation Lushington said. There will be pre-sales for Citibank cardholders ... ( read original story ...)
Singapore at front line of Standard Chartered's technology quest
With digital technology now at the heart of banking, the task of a chief information officer is more challenging and demanding, as Standard Chartered's Michael Gorriz knows only too well. Mr Gorriz, who joined the bank in July last year, says the financial ... ( read original story ...)
Standard Chartered launches personalised investment tool for affluent clients
Standard Chartered is joining the digital wealth management revolution, introducing a personalised investment tool that harnesses the power of big data to help its relationship managers advise affluent clients in Singapore. Accessed via iPad, the tool uses ... ( read original story ...)
Singapore’s Oldest Bank, OCBC, Is First Bank In Southeast Asia To Use Blockchain Technology For Cross-border Payment Services
OCBC Bank has become the first bank in Southeast Asia to use Blockchain technology in its local and cross-border payment funds transfer services. The use of a payment Blockchain solution will see increased efficiency, transparency and security as well as ... ( read original story ...)
Are American Express Credit Cards The Most Attractive Cards In Singapore?
POSB has earned a score of 706 whereas Citibank has a score ... One might argue that American Express cards aren't as widely accepted in Singapore compared to MasterCard and Visa cards and there's definitely some truth in that, but if you are willing ... ( read original story ...)
DBS unveils a fintech facility in Fusionopolis
The opening of the said innovation facility was officiated by the Monetary Authority of Singapore’s Deputy Managing Director Jacqueline Loh and DBS CEO Piyush Gupta. Gupta said DBS is looking towards helping to further Singapore's Smart Nation agenda as ... ( read original story ...)
ANZ and DBS Bank open fintech innovation labs in Singapore
Just before the start of the week-long Singapore FinTech Festival, ANZ and DBS Bank have each announced the opening of innovation labs in Singapore. DBS officially announced on Monday the opening of the new innovation facility DBS Asia X (DAX), which is ... ( read original story ...)