Made progress on its journey in the second quarter of 2021. Financial services company, Manulife has reported a second quarter 2021 net income of US$2.6 billion and core earnings of $US1.7 billion driven by continued growth in Asia and Global Wealth and Asset Management The financial services company also announced…
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Ensure investments in workforce management initiatives. The office was once a place to go to work; its four walls provided a physical space entirely devoted to work. Now, the home has become the gym, the office, the movie theatre, the kids’ playground, the hospital, the kitchen, the restaurant, you name…
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Model builds on successful connection of Singapore and Thailand’s national payment networks. The Bank for International Settlements Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) today published a proposed blueprint for enhancing global payments network connectivity via multilateral linkages of countries’ national retail payment systems. Titled Project Nexus ,…
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FLT has also hired a global CTO. The Flight Centre Travel Group (FLT) continues to respond to the challenges posed by COVID19 and the unprecedented travel restrictions that are in place to slow its spread. In releasing its 2021 fiscal year (FY21) first half (1H) accounts, FLT said that while…
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Providing new and innovative opportunities for Australians to rapidly develop digital skills. The Australian Government’s Digital Skills Organisation (DSO), one of three Skills Organisations Pilots, is undertaking a trial to test new approaches to designing digital qualifications and training that meet the skills needed for a job in the digital…
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SGTraDex to digitalise the supply chain ecosystem. Singapore Government has announced that the country will be stepping up investments to unlock the full potential of the digital revolution through collective action. Building “digital infrastructure” for the future – SGTraDex The pandemic has accelerated the overall shift to digital. Building a…
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Experiment was supported by J.P. Morgan’s Onyx. The Monetary Authority of Singapore (MAS) and Banque de France (BdF) have completed a wholesale cross-border payment and settlement experiment using central bank digital currency (CBDC). The experiment was supported by J.P. Morgan’s Onyx, simulated cross-border transactions involving multiple CBDCs (m-CBDC) on a…
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Investment occurs due to digitally savvy customers. National Australia Bank (NAB) has continued to revitalise its branch network around the nation, as the bank adapts to the changing way Australians are choosing to do their banking. The transformation program has already been completed in 26 locations this year and will…
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Smoother path towards digital business between the two countries. Singapore and the United Kingdom (UK) have launched negotiations on a UK-Singapore Digital Economy Agreement (UKSDEA). Minister-in-charge of Trade Relations S Iswaran said the digital economy is a catalyst for economic growth and the transformation of enterprises. “It is a bright…
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Facilitates a new avenue for issuers, investors and dealer banks to interact digitally. Financial institution, DBS has priced an SG$15 million digital bond, marking it one of DBS Digital Exchange’s (DDEx) first Security Token Offering (STO). The DBS Digital Bond, which comes with a six-month tenor and coupon rate of…
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