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Tag: DBS Bank

IFC, DBS Address Trade Finance Gap with US$500 Million Programme – Fintech Singapore

The International Finance Corporation (IFC) and DBS Bank have unveiled a US$500 million financial initiative aimed at enhancing trade in emerging markets. This collaborative effort...

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DBS Ups Stake in China’s Shenzhen Bank in S$376 Million Deal – Fintech Singapore

DBS Group announced its intention to raise its stake in China’s Shenzhen Rural Commercial Bank, a move valued at S$376 million (approximately US$285 million),...

Buying property in Asia? Real estate specialists give their investment tips

Hong Kong residential prices could fall by another 10% in 2024, according to DBS Hong Kong.Bloomberg | Bloomberg | Getty ImagesHong Kong's property market...

Global Trade Finance Market Analysis Report 2023-2030: International Trade Finance Gains Momentum – Navigating Complex Regulations and Legal Systems – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Trade Finance Market Size, Share & Trends Analysis Report By Service Provider (Banks, Trading Houses), By Trade Type (Domestic), By Instrument Type,...

Mizuho Invests in Climate Impact X to Strengthen Carbon Credit Market in Asia – Fintech Singapore

Japan’s Mizuho Financial Group has announced a strategic investment in Climate Impact X (CIX), a global carbon marketplace based in Singapore, in a move...

MAS Releases Executive Summary of Gen AI Risk Framework for Financial Sector – Fintech Singapore

The Monetary Authority of Singapore (MAS) has wrapped up the first phase of Project MindForge, an initiative aimed at creating a risk framework for...

2023 Singapore Fintech Festival: All You Need to Know – Fintech Singapore

Singapore’s annual fintech festival is returning this year from November 15 to 17, 2023, promising to bring together tens of thousands of participants to...

DBS and SkillsFuture Singapore to Help SMEs Build Sustainability Skills – Fintech Singapore

DBS Bank and SkillsFuture Singapore (SSG) have announced a new two-year partnership to help small and medium enterprises (SMEs) develop sustainability skills.The partnership will...

Unveiling a Symphony of Innovation and Digital Transformation

SINGAPORE, Aug 3, 2023 - (ACN Newswire) - Singapore witnessed a successful convergence of global tech leaders, cutting-edge innovation and insightful deliberations on the...

Singapore Aims to Phase Out Corporate Cheques by End of 2025 – Fintech Singapore

All corporate cheques will be phased out in Singapore by the end of 2025 amid the steady decline in use and the rising processing...

DBS Targets US$1B in First Year of Operations at GIFT City in India – Fintech Singapore

DBS Bank has inaugurated its IFSC Banking Unit (IBU) in the Gujarat International Finance Tec-City (GIFT City) at Gandhinagar in India.GIFT City houses India’s...

DBS launches merchant payment system for Chinese CBDC

Singapore's DBS has implemented a payments collection and settlement service for Chinese merchants that handles transaction in the country's retail central bank digital...

Behind Singapore’s Experiment with a Digital Version of SGD – Fintech Singapore

A new paper published by the Monetary Authority of Singapore (MAS) on June 21, 2023 introduces the concept of purpose bound money (PBM) and...

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