Staff Reporter
Singapore builds a three-tier strategy to future-proof its workforce
Singapore builds a three-tier strategy to future-proof its workforce
The plan spans basic AI literacy to advanced development as technology reshapes jobs.
Singapore pursues digital economy ties with ASEAN and global blocs: DPM
DPM Gan also said Singapore is focusing especially on financial services to stay globally relevant.
Ant International’s Antom launches AI‑powered MSME app for finance and business operations
The app embeds an AI copilot to simplify operations and turn business information into actionable insights.
UOB CEO calls for banks, fintechs, regulators to align on AI standards and trust
Technology should empower people, not replace human judgment and empathy.
Asia’s regulators need to match banks’ digital pace, GFTN says
Good regulation, he argued, should function as “a safety belt, not a brake."
Banks risk losing $170b if AI adoption lags
But longer term, AI may erode bank profitability as customers turn to AI agents.
CIMB, Frasers Property to offer SG’s first ‘pay-as-you-earn’ loan
Benefits include first-year savings of up to $7,360 and annual savings of up to $6,360.
VPBank upgrades Temenos core banking system
The bank now operates in a fully cloud-native environment.
The Philippines’ central bank calls for a 24/7 payment system
A round-the-clock operation will enable real-time payment settlement and further economic activities.
SCSCL names new CEO
He brings with him 20 years of experience in China’s fixed-income capital markets.
Will AI define banking’s winners and losers?
The next five years will determine the industry’s AI adoption journey.
DBS launches Gen-AI virtual assistant for corporate clients
The service provides 24/7 corporate banking support via the IDEAL platform.
MAS, OJK renew partnership to drive ASEAN FinTech growth
Theartnership focuses on cross-border knowledge sharing and regulatory cooperation.
Franklin Templeton launches Singapore’s first tokenised fund
The fund leverages blockchain technology to enable fractional ownership, lowering the minimum investment to just US$20.
Hang Seng Bank, CCB launch e-CNY merchant payment service in Hong Kong
Consumers can now pay with their e-CNY wallets in more than 100 local merchants.
Macquarie remains well capitalized despite compliance breaches
The Australian bank recently reported monitoring failures and short-selling misreporting.
OCBC could distribute $460.7m in additional capital to investors
This would equate to about 13 Singaporean cents per share.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
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Will stablecoins disrupt the banking business?
Digital transformation starts with leadership