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IN THE NEWS

Iswaran tells financial services firms to collaborate while competing

COMPANIES in Singapore's financial-services sector have been challenged to think beyond individual gains and to shoot for industry-wide dividends. This, said Minister for Trade and Industry (Industry) S Iswaran on Thursday, will be key to Singapore's ability to remain a leading regional financial hub. Urging fintech (or financial technology) and financial-services firms to broaden and deepen thei...


Momentum working at DBS Group

IF you're looking for one word to describe the force that was propelling DBS Group Holdings in the second quarter amid a challenging time, that one word is momentum. Despite taking a S$150 million hit for its S$721 million exposure to the troubled offshore & marine services provider Swiber, DBS boasts a higher-than-expected net profit of $1.05 billion for the April-June quarter. Firing on all cyl...


DBS unveils tech solution matching platform for SMEs

MORE help is on the way for Singapore SMEs (small and medium enterprises) to embark on innovation projects to solve business problems and build capabilities. DBS - together with Infocomm Investments (IIPL) and Intellectual Property Intermediary Singapore (IPI) - on Monday launched an initiative that will allow SMEs to submit a business problem online and be matched with a tech solution provider....


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