World Economic Forum, informally known as Davos for the Swiss ski town the summit has been held in, will temporarily take place in Singapore next year due to the coronavirus pandemic. The annual …
Banks face two major risks in 2021, says CEO of Singapore’s largest bank DBS
Piyush Gupta, CEO of Singapore’s DBS, said rising defaults and ultra-low interest rates will be two major headwinds confronting banks next year.
World Economic Forum to Be Held in Singapore in May: Reuters
The World Economic Forum will hold its 2021 annual meeting in Singapore instead of Switzerland, Reuters reported Monday, citing an email from WEF President Borge Brende.
Digital banks in Singapore unlikely to affect traditional banks in the short term: Strategist
Kelvin Tay of UBS says Singapore’s new digital banks could be a wake up call for local banks but it will take time for them to to build trust with customers.
Davos meeting moved to Singapore over Covid risk in Europe
The World Economic Forum has moved its annual meeting from Switzerland to Singapore because of the persistent risk of coronavirus in Europe. It will be only the second time in 20 years that the …
World Economic Forum moved to Singapore over coronavirus concerns
By Stephanie Nebehay, Silke Koltrowitz and John Geddie ZURICH/SINGAPORE (Reuters) – The World Economic Forum’s annual gathering of political and business leaders will move from Switzerland to …
Indonesia’s Booming Startup Scene Poised for Further Growth: Report
Indonesia’s fintech ecosystem is booming, according to a new report by Singapore Fintech News. The country is now home to at least 322 fintech companies, including 125 registered but unlicensed online …
Singapore’s digital bank license winner says it’s not trying to bring down established banks
Singtel has won one of Singapore’s first digital banking licenses with its partner Grab, but the largest telco in Singapore says its entrance into the financial sector is not aimed at bringing down …
Breakingviews – Davos set can easily make do in Singapore
Singapore is a natural home for the World Economic Forum’s annual shindig. Although rubber shoe covers are more appropriate footwear than crampons, the tropical city state makes for a decent …
Singapore government invests $8.9m to support blockchain research
Enterprise Singapore, the Infocomm Media Development Authority, and the National Research Foundation Singapore, has launched a S$12 million (US$8.9 million) program to further strengthen the …