A senior Singapore central bank has called blockchain technology “a natural form of collaboration” between Singapore and the Indian state of Andhra Pradesh. Speaking at a blockchain conference in India, Singaporean central bank managing director Ravi ... ( read original story ...)
PINTEC launches Singapore-based PIVOT to offer digital wealth management technology services in Southeast Asia
BEIJING, Oct. 11,2017 /PRNewswire/ PINTEC Group ("PINTEC"), a leading fintech player in China, today announced the launch of PIVOT Fintech Pte. Ltd. ("PIVOT"), to offer digital wealth management technology services powered by artificial intelligence and ... ( read original story ...)
GIC Makes Share Grab at Glenveagh IPO
Singapore’s GIC Private Limited was revealed to have a 10.2% ownership position in Glenveagh Properties PLC at the Irish homebuilder’s initial public offering (IPO) at October 10th, which saw a 14% increase in Glenveagh’s value from an initial market ... ( read original story ...)
Singapore-based BIGO LIVE Helps Shape Local Internet Business forged Special Partnership with Indonesian Ministry of Communication
Singapore home brand BIGO LIVE is the only livestreaming partner ... with a lot of valuable suggestions for BIGO's future development in Indonesia. View More News at CyberMedia Press Center: http://www.cybermedia.com.tw/news About BIGO ( read original story ...)
HSBC appoints new CEO to replace retiring Stuart Gulliver
Chairman Mark Tucker says Flint has "great understanding and regard for HSBC's heritage, and the passion to build the bank for the next generation." Flint says he's "humbled by the responsibility." He has represented the group in Hong Kong, Singapore ... ( read original story ...)
HSBC picks John Flint for CEO hotseat
Analysts said given the complexity of HSBC, having two outsiders running the bank would have been a challenge. Flint joined the bank in October 1989 and has worked in Hong Kong, Singapore, Indonesia, Thailand, India, Bahrain, the US and the UK. His first ... ( read original story ...)
Singapore monetary policy on Oct 13: Here’s what to expect
Singapore's growth outlook is brightening amid a resurgence ... Speculation is building among analysts, including from United Overseas Bank, HSBC Holdings and Macquarie Bank, that the MAS may remove that language in its October statement to prepare the ... ( read original story ...)
Microsoft collaborates on blockchain with the Monetary Authority of Singapore and The Association of Banks in Singapore
Participating financial institutions include Bank of America Merrill Lynch, Citi, Credit Suisse, DBS Bank Ltd, HSBC Limited, J.P. Morgan, Mitsubishi UFJ Financial Group, OCBC Bank, Singapore Exchange, Standard Chartered Bank, and United Overseas Bank. ( read original story ...)
Axwell and Ingrosso, Marshmello among ZoukOut 2017 acts announced
Two-day passes, bundle tickets and discounted tickets for DBS or POSB Cardmembers are also available. All of the acts announced so far are no strangers to Singapore, having played at previous editions of ZoukOut, other music festivals such as Laneway ... ( read original story ...)
Singapore’s MAS seen on hold as market watches for policy clues
SINGAPORE — Singapore's central bank is widely seen sticking to a neutral stance on Friday (Oct 13), but it may be moving closer to tightening policy as the economy continues to strengthen. All but one of the 23 economists surveyed by Bloomberg predict ... ( read original story ...)
Johanna Konta fails to qualify for WTA Finals in Singapore after Moscow withdrawal
Johanna Konta has failed to qualify for the WTA Finals in Singapore after withdrawing from the Kremlin Cup in Moscow. Del Potro keeps Federer rematch hopes alive after downing furious Zverev The Brit had slipped 185 points behind Caroline Garcia after the ... ( read original story ...)
Baby rhino gallops into public view at Singapore Zoo
A baby white rhino has made his first foray into the spotlight, galloping into a public enclosure at Singapore Zoo after being given a name—Oban, which means "King" in the African Yoruba language. The calf had spent the first few weeks of his life ... ( read original story ...)
Singapore stocks climb to over 8-week high; SPH gains
Singapore stocks joined global stock rally on Thursday following all-time highs for the U.S. stocks after minutes showed caution at the Federal Reserve over the timing of future rate hike. Asian stocks were near a decade high on Thursday, riding the bull ... ( read original story ...)
Where Did DBS Group Holdings Ltd Generate Its Income From In 2016?
Secondly, we can see that about 66% of 2016’s income was derived from Singapore while the remaining 34% was from overseas – with Hong Kong accounting for the bulk of overseas income. From the above, we can see that DBS Group generates its income from ... ( read original story ...)
Case Study: Conversational AI Powers DBS digibank’s Virtual Banking Assistant
Singapore’s largest bank, DBS, rolled out India’s first mobile-only bank with just one-fifth of the resources of a traditional bank, leveraging Kasisto’s conversational AI platform, KAI Banking. DBS launched the assistant across channels – from ... ( read original story ...)
Cash management: DBS reaps what it sows
Take PriorityPay. It provides clients in Singapore, Hong Kong, China, Taiwan, India and Indonesia with faster and cheaper fund transfers across the DBS network. The bank extended the cut-off time for telegraphic transfers to speed up processing – both ... ( read original story ...)