Latest DBS Bank Articles

Tax, Accounting & Legal
Taxing Times Ahead: Analysing the OECD’s Two-Pillar Solution

A new Two-Pillar Solution from the OECD aims to address the tax challenges arising from the digitalisation of the economy.

My Life in Treasury
Retirement of John Laurens

Head of Global Transaction Services, DBS Bank John Laurens will be retiring from DBS at the end of 2021 after seven years of committed leadership to establish the bank’s transaction banking franchise as a global...

Treasury Strategy & Transformation
The Future By Design

Lim Soon Chong took over as DBS’ Group Head of Global Transaction Services on 1 August replacing John Laurens, who will be retiring at the end of the year. Lim, who also continues in his role as Head of Digital for...

Trade Finance
Changing Power and Powering Change

The automotive sector is in the midst of great change as motive power switches progressively from the internal combustion engine to electric. DBS, which is involved in financing this revolution in Asia, talks to TMI...

Trade Finance
Paper Cuts: Rio Tinto Leverages Blockchain for Trade

With the first fully digital, blockchain-secured end-to-end letter of credit transaction between Nanjing Iron & Steel and Rio Tinto complete, TMI asks Rio Tinto’s Michel Alves, Customer Service Manager, Iron Ore...

Cash & Liquidity Management
Innovation as Usual: A New Era in Payments

The world of payments has never been so exciting. Digital payments are gaining significant traction and smart innovation is gathering pace. In the 24/7/365 world of commerce, treasurers have an opportunity to leverage...

Treasury Strategy & Transformation
A Treasurer’s Survival Guide: Moving Past Covid-19

With the coronavirus pandemic impacting economies, businesses and individuals, TMI asks what treasurers can do to help their organisation weather the storm. In this no-nonsense guide, we take a pragmatic look at best...

Treasury Strategy & Transformation
Treasury APIs: Banking on a New Connectivity Ecosystem

Claiming the ‘Best Bank Connectivity’ accolade in TMI’s 2019 Awards for Innovation and Excellence, John Laurens, Group Head of Global Transaction Services at DBS, discusses the forces reshaping corporate to bank...

Banking
Here Come the Winners… 2019 Awards for Innovation & Excellence

Digital disruption was one of the key drivers of treasury innovation in 2019.  As this year’s Award winners demonstrate, banks, technology vendors and fintechs have leveraged digital innovation to move the...

Treasury Technology
Robo Treasury: Positives and Pitfalls

Robotic process automation has the potential to be a powerful tool for treasurers – especially those looking for new ways to garner efficiency gains. What’s more, as a relatively easy-to-deploy technology, RPA can...

Trade Finance
Breaking Boundaries: Smart and Sustainable Supply Chain Finance

In an increasingly accountable business environment, corporates are looking for new ways to support their suppliers to adhere to sustainable and ethical standards. Alongside creative supply chain finance (SCF)...

Banking
A Silver Lining for RFPs

After scooping the “Best Portal Technology Solution” accolade in TMI’s 2018 Awards for Innovation and Excellence, John Laurens, Group Head of Global Transaction Services at DBS, explains how the bank’s...

Latest DBS Bank News

DBS Dials up Digitalisation Efforts to Meet Burgeoning Demand for SCF Across Asia

More than 15,000 SMEs across Asia to potentially benefit from digital financing capabilities on five new platforms to be launched by end-2022.

Reliance Completes Singapore’s First Bloomberg Short-Term Bank Yield Index-Linked Trade Financing with DBS

Singapore – DBS has completed Singapore’s first trade finance transaction referencing the Bloomberg Short-Term Bank Yield Index (BSBY) with Reliance Global Energy Services (S) Pte Ltd, the energy trading arm in Singapore of the Indian multinational conglomerate, Reliance Industries...

Digital Transformation Remains Core Agenda for Companies in Asia-Pacific

Singapore – The third edition of the DBS Digital Readiness Survey1 has revealed that although there has been continued momentum in digitalisation efforts by businesses across the Asia-Pacific (APAC), there remains room for further improvement. Involving around 2,600 corporate treasurers, CEOs, CFOs...

DBS, J.P. Morgan and Temasek to Establish Platform to Transform Interbank Value Movements in a New Digital Era

Singapore –  Acknowledging that the future of global payments is on the cusp of a fundamental shift, DBS, J.P. Morgan (NYSE: JPM) and Temasek today announced plans to develop an open industry platform to reimagine and accelerate value movements for payments, trade and foreign exchange settlement in a...

DBS and Contour Broaden Digital Trade Offerings to Four New Markets in Asia-Pacific

Singapore, China, Hong Kong, Australia - To further push the digitalisation of trade finance in major trade hubs in the region, DBS Bank has expanded its offerings on Contour’s rapidly growing trade finance network to corporate customers in four key markets in the Asia-Pacific region (APAC). DBS was...

DBS Provides USD60 Million Structured Trade Facility to Support Chandra Asri’s Export Growth

DBS Bank announced that it has provided a USD60 million structured trade facility to PT Chandra Asri Petrochemical Tbk (Chandra Asri), to support the company’s efforts to expand export growth of petrochemical products from Indonesia. Chandra Asri is the largest integrated petrochemical producer in...

DBS is the First Bank in Asia to Launch Online Tracking for Cross-Border Collections for Businesses

Singapore/ Hong Kong – DBS Bank is the first bank in Asia to launch real-time online tracking of cross-border collections to provide greater digital convenience to its corporate clients. This builds on the bank’s industry leadership in 2018 to enable businesses to track the status of their...

Singapore Businesses Leading APAC Digitalisation Effort but Region Still Lagging US and UK

In terms of digital readiness, 45% of Singapore’s corporates have a well-defined strategy – the highest proportion in APAC, overtaking Japan’s pole position in the bank’s 2019 Digital Treasury Survey. This was followed by Hong Kong (44%) and Japan (41%). This is a key finding of a poll of around...

Contour and DBS Support First Secured Letter of Credit Transaction Between Nanjing Iron & Steel and Rio Tinto on Blockchain Network

Singapore – Contour, together with member bank, DBS Bank, continue to push the digitalisation of trade finance with the completion of the network’s first fully digital end-to-end secured Letter of Credit (LC) between Nanjing Iron & Steel, Singapore Jinteng International and Hope Downs...

DBS Bank Marks the First Singapore Bank to Join Contour’s Beta Network

DBS Bank is the first Singapore bank to join Contour’s network, growing the number of banks on the platform driving a collective effort to digitalise global trade. Built on R3’s Corda, Contour’s network focuses on digitalising processes, including the creation, exchange, approval and...

DBS Accelerates Trade Digitalisation Efforts with More ‘Industry-Firsts’ to Drive Greater Efficiencies for Customers

Singapore - To drive greater efficiencies in trade, DBS Bank has closed another ‘industry-first’ with the completion of the first trade financing settlement through CamelONE’s Trade Finance portal (TFP) – with another two transactions slated to close this week. The inaugural...

Latest DBS Bank Podcasts

Tax Spotlight: How the OECD’s Two-Pillar Solution Impacts Treasury

Aaron Lee and Joseph Lee (DBS Bank) join TMI’s Eleanor Hill to discuss how the OECD's Two-Pillar Solution aims to address the tax challenges arising from the digitalisation of the economy. Ahead of the 2023 implementation date multinational corporates will have much to consider around these reforms....

From Business-as-Usual (BAU) to Innovation-as-Usual (IAU) for Payments

The global payments landscape continues to transform, with emerging technologies such as blockchain, internet of things, and more recently, contact-free solutions coming to the forefront with Covid-19. Eleanor Hill, TMI, chats to Atul Bhuchar, Group Payments Head, Global Transaction Services, DBS Bank,...