According to Singapore Management University, Singaporeans inflation expectation has moderated in the month of September as global markets face persistently low inflation despite accommodative monetary policies and significant policy uncertainty such as increasing protectionism.
According to the latest Julius Baer wealth report, Hong Kong displaces Shanghai and Singapore as the most expensive cities for high net worth individuals in Asia.
Advanced economic estimates from the Singapore's Ministry of Trade and Industry (MTI) showed that the city-state's gross domestic product (GDP) expanded by 4.6% in the third quarter of 2017.
A study by Robert Half revealed that financial services in Singapore are pulling their offshore operations back to the city-state as they battle with costs and skills shortage.
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are commencing the second phase of Project Ubin as they explore the use of blockchain tech in interbank payments.
OCBC Bank is integrating its business mobile banking app with Apple's Siri, allowing its SME customers to use voice technology in banking transactions.
The Infocomm Media Development Authority (IMDA), OCBC Bank, HSBC, and MUFG has established the first Know Your Customer blockchain prototype in Southeast Asia.
Latest figures from the Monetary Authority of Singapore (MAS) showed that bank loans grew for 11th straight month in August due to the still resilient business and consumer lending.