Monetary Authority of Singapore will work with global partners, including Swiss National Bank and Banque de France, to explore the use of wholesale central bank digital currency for cross-border …
Singapore to pursue cross-border digital currency potential
Monetary Authority of Singapore will work with global partners, including Swiss National Bank and Banque de France, to explore the use of wholesale central bank digital currency for cross-border …
OCBC profit jumps 31%, rounding up record quarter for Singapore banks
Southeast Asia’s second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) joined its Singapore peers in beating market estimates and pumping out record quarterly profits as banks rake it in on …
US offers up to $5 million for info on North Korean shipper
The Biden administration is offering a reward of up to $5 million for information about a Singapore-based businessman already accused by the Justice Department of facilitating fuel shipments to North …
Singapore’s property market cools as public home sales plunge
SINGAPORE: Singapore’s housing market is flashing early signs of cooling as recent property curbs weigh on buyer demand. Resales of apartments owned by the – Singapore’s public housing authority – …
Amnesty Intl. links fuel supply to war crimes in Myanmar
Amnesty International implicated several companies Thursday, including Singaporean oil company Puma Energy, in supplying fuel to the Myanmar Army, accused of alleged war crimes for air attacks against …
Crypto speculation, CBDCs, talent crunch in focus at Singapore fintech festival
PM-in-waiting Lawrence Wong says there should be ‘no doubt’ Singapore is ‘fully’ embracing emerging technologies. But he says a healthy level of ‘constructive paranoia’ and ‘divine discontent’ is also …
Singapore to phase out checks for businesses by 2025
Also testing digital cash tied to specific purposes – like only letting kids spend allowances on school supplies Singapore aims to eliminate the use of checks, beginning with corporate checks, by the …
Singapore saw record $448 billion inflow of new money in 2021: MAS data
SINGAPORE– Singapore can absorb record inflows of new money … The assets are helping to boost the financial hub as it seeks to add as many as 20,000 finance jobs over five years, in areas including …
Temasek-backed property group eyes Vietnam, India hot spots
SINGAPORE: Singapore real estate manager CapitaLand Investment is on the lookout for bright spots in developing economies like Vietnam and India, even as it scrutinises the deployment of capital more …