by chung chinyi | May 23, 2025 | Uncategorized
Rapid Legal Changes: The speed of implementation is remarkable – these subsidiary laws were enacted within a day using a “negative vetting” process, bypassing the usual lengthy legislative review. This suggests authorities wanted to formalise and...
by chung chinyi | May 23, 2025 | Uncategorized
Defining Shadow Banking in Singapore’s Context Shadow banking refers to credit intermediation and financial services provided by entities outside the traditional banking regulatory perimeter. In Singapore, this encompasses a diverse ecosystem including hedge...
by chung chinyi | May 22, 2025 | Uncategorized
Citigroup’s AI Initiative: Launched “Citi AI” tools for internal operations in Hong Kong Currently serves 150,000 employees across 11 countries Focuses on information retrieval, document summarization, and communication assistance Plans further...
by chung chinyi | May 22, 2025 | Uncategorized
The Balancing Act Challenge Malaysia’s abrupt backtracking on the Huawei AI project demonstrates the difficult position many countries find themselves in when caught between the US-China tech rivalry. With semiconductors accounting for 40% of Malaysia’s...
by chung chinyi | May 22, 2025 | Uncategorized
This is significant news for the banking technology sector. Temenos has achieved impressive performance results with its cloud-native banking platform running on Microsoft Azure, demonstrating substantial improvements in scalability and efficiency for AI-powered...
