Digitalisation

Singapore Budget

More than a relief Budget

Budget 2020 is expected to counter economic uncertainty wrought by the coronavirus outbreak without losing sight of the government's longer-term policy goals, say analysts 

Disruption and Digitalisation

Robotisation could increase Singapore's GDP by 20% over the next 10 years, but job displacement is inevitable: Oxford Economics

In 2018, Singapore had the highest robot density in the world, or the number of robots per 10,000 workers. The report notes that SMEs could be particularly vulnerable to automation and robotisation.

Disruption and Digitalisation

Digital banks face up to reality

As Asia’s regulators warm to digital-only banks, can the incumbents hold their own?

Zest

Are banks the dinosaurs of the digital age?

(Jan 31): It is a common narrative in some circles: established banks are dinosaurs about to be disrupted. This story seems intuitive because it echoes the disruption we have seen in other industries, from the way that new players moved shopping online in

Goldman Sachs Asset Management: Investment themes 2020

Emerging markets and Japan equities becoming compelling

(Jan 31): Despite 2020 looking like a year that will deliver slower growth, we expect to see a continuation of positive earnings next year, which should continue to drive performance in equities. Short-term periods of volatility remain likely, triggered b

Disruption and Digitalisation

Grab, Singtel eye Singapore's under-banked for digital venture

SINGAPORE (Dec 31): The large number of Singaporeans still without good access to financial services will be key to creating a successful digital bank in the country, according to executives from Grab Holdings Inc. and Singapore Telecommunications Ltd.

Disruption and Digitalisation

OCBC is ready for Chinese digital banking invasion, CEO says

SINGAPORE (Nov 26): Oversea-Chinese Banking Corp. is well placed to take on Chinese technology giants that are looking to join Singapore’s digital banking market, its top executive said.

Zest

Singapore wants to become an Asian Hub for virtual banks

SINGAPORE (Nov 8): Singapore’s welcome mat to virtual banks is going beyond its own shores.

Fintech

UOB's digital future lies in serving Asean

SINGAPORE (Nov 11): As the Monetary Authority of Singapore offers five new digital banking licences, two Singapore-headquartered banks already have operational digital banks. In March this year, United Overseas Bank launched TMRW, a digital-only, branchle

Disruption and Digitalisation

OCBC builds new digital ecosystem to deliver better products and services to customers

SINGAPORE (Nov 4): As Oversea-Chinese Banking Corp grew to become a leading bank in Singapore and the region, it built a web of associate companies in other industries, including property, engineering, construction, vehicle distribution, electronics manuf
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