SINGAPORE’S non-oil domestic exports (NODX) grew by a solid 8.3 per cent in September, coming in under economist expectations even as it picked up pace from the 5 per cent expansion in August, according to Enterprise Singapore data released on Wednesday. This was driven once again by the seasonally volatile pharma sector and buoyed by favourable […]
Read MoreLocal banks will benefit from the impending move by the Monetary Authority of Singapore (MAS) to bar larger electronic wallet operators from lending their wallet funds, according to Moody’s, a credit ratings agency. The legal requirements that MAS is seeking to impose are “credit positive” for deposit-taking banks, including OCBC Bank, United Overseas Bank and DBS […]
Read MoreSingapore-based LynPay Pte Ltd plans to tap into the apparently large Bitcoin and Ethereum community in Cambodia and offer its LynPay payment solutions. “In Cambodia, lots of people including Chinese hold Bitcoins and Ethereum but they don’t have a way to utilise it. Therefore, we are offering a payment solution that is beneficial to merchants […]
Read MoreSINGAPORE, Oct 15 (Reuters) – Sales of private homes by developers in Singapore rose about 42 percent in September from a year earlier, government data showed on Monday. Data compiled by the Urban Redevelopment Authority showed developers sold 932 units last month, compared with 657 units in the same month a year earlier. Sales volume […]
Read MoreIn the Singapore Government’s first-ever bug bounty programme, the Defence Science and Technology Agency of Singapore (DSTA) invited 300 ethical hackers from around the world to test the Ministry of Defence’s (MINDEF) internet-facing systems for vulnerabilities, or bugs. During the bug bounty project, ethical hackers tested 25 e-services from MINDEF, which ranged from medical systems […]
Read MoreTHE Monetary Authority of Singapore (MAS) is slightly increasing the pace of the Singapore dollar’s appreciation in keeping with a “modest and gradual appreciation path… that will ensure medium-term price stability”, marking the central bank’s second consecutive tightening at its half-yearly monetary policy review. The width of the policy band and the level at which […]
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Thailand
