THE Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) on Thursday announced the linkage of both countries' real-time retail payment rails to facilitate faster and cheaper cross-border transfers.
South Korean tech giant Samsung Electronics posted a 46.3 percent rise in first-quarter net profits on Thursday, largely driven by robust sales of its smartphones.
Ford Motor posted a surprising US$3.26 billion first-quarter net profit on Wednesday (Apr 28), but the company said a worsening global computer chip shortage could cut its production in half during the current quarter.
Demand for the iPhone and other Apple products drove profits to more than double in the January-March period as the tech giant continued to capitalise on smartphone addiction.
If two of Indonesia’s most valuable tech companies come together, they can take on bigger rivals. The question is whether this is too late, says David Kuo.
EYES will be on Singapore banks' acquisition plays in the region as the trio release their first-quarter results, with asset quality largely stable following the expiry of debt holidays.
SINGAPORE as a wealth centre is gaining ground at a surer pace, capturing the rise of South-east Asia's new companies and more family offices setting up in the region, said a top executive from UBS on Wednesday.
