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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
February 07, 2020
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.
February 03, 2020
Disruption and Digitalisation
Digital banks face up to reality
As Asia’s regulators warm to digital-only banks, can the incumbents hold their own?
January 31, 2020
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
January 31, 2020
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
January 31, 2020
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.
December 31, 2019
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.
November 26, 2019
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.
November 08, 2019
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
November 08, 2019
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
November 01, 2019