WEEKLY NEWS | 15 MAY 2023 | 198
THE MARKET WATCH
Amazon Web Services (AWS) is a cloud computing platform offered by Amazon that provides a wide range of services such as computing power, storage, and databases to individuals, businesses, and organizations around the world. AWS is known for its high flexibility, scalability, and cost-effectiveness of its platforms and applications, making it a popular choice for businesses of all sizes.
Featured News
Unleashing Cloud Innovation: CYS Tech Team Catching the AWS Summit ASEAN 2023!
Last Thursday, CYS Tech Team comprising of Chief Data Officer Chan Tack Wei Dylan, Chief FinTech Officer Lim Jing Wei...
Amazon Web Services (AWS) is a cloud computing platform offered by Amazon that provides a wide range of services such as computing power, storage, and databases to individuals, businesses, and organizations around the world. AWS is known for its high flexibility, scalability, and cost-effectiveness of its platforms and applications, making it a popular choice for businesses of all sizes...
Economy News
ECB's Knot says rate hikes are working, more needed
AMSTERDAM, May 7 (Reuters) - The European Central Bank's interest rate hikes are starting to have an effect, but more will be needed to contain inflation, Dutch Central Bank President Klaas Knot said on Sunday.
Knot, who is also on the ECB's governing council and is known as a hawk, said he had agreed with the ECB decision on Thursday to slow the speed of rate hikes to...
Money News
Singapore's central bank imposes additional capital requirement on DBS Bank
The Monetary Authority of Singapore on Friday imposed additional capital require-ment on DBS Bank, the banking arm of the country’s largest lender DBS, following the disruption of its banking services in recent months.
The moves follows the widespread unavailability of the bank’s digital banking services on March 29 and a subsequent disruption to its digital banking and ATM services on May 5, the Monetary Authority of Singapore said in a statement...
The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country’s largest lender DBS, following the disruption of its banking services in recent months.
The moves follows the wide
spread unavailability of the bank’s digital banking services on March 29 and a subsequent disruption to its digital banking and ATM services on May 5, the Monetary Authority of Singapore said in a statement...
Corruption has become rampant: Satheesan
Compliance News
Corruption has become rampant under the Left rule in the State, said Leader of the Opposition V. D. Satheesan.
Emphasising that corruption has become pervasive, Mr. Satheesan said the latest Artificial Intelligence (AI) camera controversy was also pointing fingers at the relatives of the Chief Minister and CPI(M) leaders. The...
All rates are subject to change without notice.
Contact CYS for more enquiries about currency exchange rate.