The Light of Wisdom

16/10/2024

15/10/2024

国术课堂: 如何用国学判断一个人会不会读书
YiJing Bazi Classroom: How to determine someone's reading ability using YiJing Bazi

02/09/2019

Singapore is about to shake up its banking sector for the first time in two decades — a move that would allow technology players and non-banking companies to challenge traditional lenders. The disruption could be a win-win situation for consumers, according to marketing information services company J.D. Power.

The Monetary Authority of Singapore on Thursday said it will now accept applications for five new digital bank licenses until the end of the year.

MAS, both a regulator and the central bank of Singapore, announced in June that virtual bank licenses will be issued as part of “Singapore’s banking liberalization journey.”

The regulator will distribute up to two digital full bank licenses, which will allow non-banking entities to take deposits from retail customers. It also plans to issue up to three digital wholesale bank licenses for companies to serve small and medium-sized businesses and other non-retail segments.

Applicants have to meet a number of eligibility criteria, which includes showing they can manage a sustainable digital banking business and demonstrating experience in the technology or e-commerce sectors.

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30/08/2019

We're taking innovation to new heights with Singapore Fintech Festival x Singapore Week of Innovation and TeCHnology happening from 11 - 15 November 2019.

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26/08/2019

The new industrial revolution in manufacturing is primarily focused on the implementation of smart manufacturing technologies leading to the factory of the future. This will require the machines, robots and processes to be digitally connected to deliver real-time analysis and monitor them for performance and efficiencies. To take advantage of these important digital technologies, the manufacturing processes and equipment must be operating very efficiently, predictable and the processes always need to be performing at their optimal levels.

The factories of the future will have smart innovations operationalized with transformational digital technologies, new business models, and processes that will increase profits, reduce lead time, reduce human interventions, decrease product costs, enhance the consumer experience, and increase global market share by being relevant and responsive to any digital market disruptions.

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26/08/2019

Energy company Shell will offer fast-charging for electric vehicles at 10 of its service stations in Singapore by October 2019.

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24/08/2019

CNA Luxury and Generation T co-hosted the very first Gen.T Table last week to discuss sustainability in the context of business, the environment and society.

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24/08/2019

Mr Vernon Kwek dropped out of secondary school to become a cleaner. He went through bankruptcy and jail, but is now the CEO of a cleaning company with 3,000 employees and monthly sales of about $12 million.

Turning Point profiles people that have faced life changing adversity, and in spite of it, have risen above their hardships to pursue a path of positivity.

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24/08/2019

Singapore's stocks may be falling, but some investors say they are still a bright spot in a global equity market marred by trade tensions and slowing economic growth.

The reason, they say, is the steady dividends paid out by much of the country's benchmark gauge, which is filled with banks, telecommunication companies and real estate investment trusts (Reits).

The Straits Times Index (STI) has fallen almost 8 per cent from a recent high on July 25 - about twice as much as an index of global shares - as the economy and company profits feel the impact of tensions between Singapore's two biggest trading partners, the US and China.

But the estimated 12-month forward dividend yield is among the highest in Asia, according to data compiled by Bloomberg.

"Banks, Reits and telcos have a big weight in Singapore's index, so the overall market should be fine," said Mr Sat Duhra, who co-manages Asian dividend income strategy at Janus Henderson Investors.

He added that Singapore should remain among the highest-yielding markets in Asia.

The STI boasts an estimated 12-month forward dividend yield of 4.3 per cent, the second-highest among major Asian equity markets after Australia, according to data compiled by Bloomberg.

DBS Group Holdings chief investment officer Hou Wey F**k recommended an overweight on Singapore stocks, especially Reits in the retail and industrial sector.