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Sheila Chiang

Business Correspondent

Sheila is a business correspondent at The Straits Times, specialising in fintech, payments and more. Before that, she honed her expertise as a technology reporter at CNBC, covering cutting-edge topics such as artificial intelligence, semiconductors, cryptocurrencies and e-commerce. Her career began in the fast-paced world of tech start-ups, including a role at an online fashion retailer, where she gained first-hand experience in the intersection of technology and business.

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Singapore must take bolder steps to keep thriving as a global financial hub: Ex-DBS chief

Mr Piyush Gupta, former chief executive of DBS Group, said the Republic has the potential to shape the future of finance, given its nimbleness, strong public-private partnerships and the ability to think big and be bold.
Mr Piyush Gupta, former chief executive of DBS Group, said the Republic has the potential to shape the future of finance, given its nimbleness, strong public-private partnerships and the ability to think big and be bold.

Singapore’s 55 billionaires in 2025 have combined net worth of $335 billion: UBS

Singapore billionaires' combined wealth amounted to US$258.8 billion, a 66.4 per cent jump from US$155.5 billion in 2024.
Singapore billionaires' combined wealth amounted to US$258.8 billion, a 66.4 per cent jump from US$155.5 billion in 2024.

Singapore fintech firm developing digital infrastructure for SMEs to list in the US via SPAC

(FILES) This photograph shows the logo of Nasdaq headquarters in Times Square in New York City on January 30, 2025. The EU on November 6, 2025 announced a formal antitrust probe against stock exchange operators Nasdaq and Deutsche Boerse over "possible collusion" involving financial derivatives. (Photo by Yuki IWAMURA / AFP)
(FILES) This photograph shows the logo of Nasdaq headquarters in Times Square in New York City on January 30, 2025. The EU on November 6, 2025 announced a formal antitrust probe against stock exchange operators Nasdaq and Deutsche Boerse over "possible collusion" involving financial derivatives. (Photo by Yuki IWAMURA / AFP)

OCBC app users will be able to scan WeChat Pay QR codes to pay merchants in China

It builds on the app’s existing ability to scan and pay through Alipay+ and UnionPay merchant QR codes.
It builds on the app’s existing ability to scan and pay through Alipay+ and UnionPay merchant QR codes.

Backing start-ups crucial for Singapore’s innovation push, despite higher risks: HSBC chief

Singapore, a global innovation hub, plays an important role in HSBC’s global strategy, and as the bank expands in Asia-Pacific.
Singapore, a global innovation hub, plays an important role in HSBC’s global strategy, and as the bank expands in Asia-Pacific.

Temasek appoints ex-DBS chief Piyush Gupta as its chairman for India

Mr Gupta holds several designations such as deputy chairman of Keppel and chairman of Singapore Management University and Mandai Park Holdings.
Mr Gupta holds several designations such as deputy chairman of Keppel and chairman of Singapore Management University and Mandai Park Holdings.

SMRT, UOB team up to help retailers improve cash flow, gain access to digital, financial solutions

SMRT Corporation and UOB signed a Memorandum of Understanding on Nov 25, 2025 to integrate financial and digital solutions to support small and medium businesses within SMRT’s transit network, while also expanding connectivity options such as limousine and taxi bookings.

Credit UOB
SMRT Corporation and UOB signed a Memorandum of Understanding on Nov 25, 2025 to integrate financial and digital solutions to support small and medium businesses within SMRT’s transit network, while also expanding connectivity options such as limousine and taxi bookings.

Credit UOB

OCBC rolls out in-app calls for retail banking customers amid anti-fraud push

In-app calls are significantly harder for scammers to replicate and will help customers distinguish genuine calls from the bank from fraudulent ones.
In-app calls are significantly harder for scammers to replicate and will help customers distinguish genuine calls from the bank from fraudulent ones.

Growth in Singapore key exports seen slowing to 0%-2% in 2026 on US tariff impact

Nodx is expected to grow around 2.5 per cent for 2025, down from the previous forecast of 1 per cent to 3 per cent.
Nodx is expected to grow around 2.5 per cent for 2025, down from the previous forecast of 1 per cent to 3 per cent.

OCBC app adds 8 digital wallets across S-E Asia as bank aims to hit target of 50 globally

Coins, GCash and PayMaya of The Philippines, Indonesia’s GoPay, LinkAja and Ovo, as well as Vietnam’s Momo and Malaysia’s Touch ‘n Go will join the ecosystem.
Coins, GCash and PayMaya of The Philippines, Indonesia’s GoPay, LinkAja and Ovo, as well as Vietnam’s Momo and Malaysia’s Touch ‘n Go will join the ecosystem.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.