The Ministry of Finance (MOF) and the Monetary Authority of Singapore (MAS) today launched eGuarantee@Gov, a simple and secure digital process for businesses and individuals to provide a banker’s ...
Singapore’s Central Bank Experiments with DeFi to Transform Capital and Bond Markets
The pilot, the first of its kind, was completed under MAS’ Project Guardian initiative that explores potential DeFi applications in wholesale funding markets. Under the pilot, three global banks, ...
Singapore saw record $448 billion inflow of new money in 2021: MAS data
SINGAPORE– Singapore can absorb record inflows of new money, the central bank chief said, allaying concerns of a real estate bubble even as rents and prices surge to unprecedented highs. The Asian ...
Singapore startup looks to shine light on solar energy affordability
Solar AI Technologies hopes its "rent-to-own" service will help drive the installation of solar panels amongst households in the country, where adoption of the renewable energy remains low due to ...
Consolidated view of insurance policies now available on Singapore Financial Data Exchange
Users of the Singapore Financial Data Exchange (SGFinDex) will now be able to see at a glance all their insurance policies from different insurers.
Consolidated view of insurance policies now available on SGFinDex
Users of the Singapore Financial Data Exchange (SGFinDex) will now be able to see at a glance all their insurance policies from different insurers.
Singapore’s UOB completes deal for Citi’s Malaysia, Thailand retail banking ops
Citigroup said on Tuesday it had completed the sale of its Malaysia and Thailand retail banking businesses to Singapore's United Overseas Bank (UOB) in a transaction expected to result in a regulatory ...
Singapore’s Wong stresses ‘responsible’ fintech as crypto stance diverges from Hong Kong
The city state’s PM-in-waiting told Singapore Fintech Festival there should be ‘no doubt’ that it was ‘fully’ embracing emerging technologies. But he said a healthy level of ‘constructive paranoia’ ...
Two Malaysian farms banned from exporting live chicken broilers to Singapore
The Singapore Food Agency (SFA) said two Malaysian poultry farms, each operated by Meng Kee Poultry (M) Sdn Bhd and Sdian Hup Farming Sdn Bhd, have been suspended for export of live chicken broilers ...
Singapore will soon be home to this supertall skyscrapper
Singapore will soon be home to a supertall skyscraper come 2028. Architecture studio SOM – the team behind Dubai's Burj Khalifa, the world's tallest building – has revealed designs for 8 Shenton Way, ...
Singapore Starts Two New Token Pilots With Standard Chartered, HSBC and Others
The Monetary Authority of Singapore (MAS) said that it is starting two new pilot projects to explore the use of tokens in trade finance and wealth management. The first pilot is being lead by Standard ...
Indonesia plans to pump oil out of supertanker grounded near Singapore gas pipeline
The plan is incredibly risky considering the proximity to a critical gas pipeline that supplies gas to Singapore, say industry sources. Read more at straitstimes.com.
Singapore’s Wong stresses ‘responsible’ fintech as crypto stance diverges from Hong Kong’s
The PM-in-waiting said there should be 'no doubt' that the city state was 'fully' embracing emerging technologies such as Web3 and distributed ledgers But a healthy level of 'constructive paranoia' ...
UOB completes buying Citi’s M’sia consumer banking ops
Announcing the completion of its Malaysia and Thailand acquisitions, United Overseas Bank Ltd (UOB) said it is working towards a smooth transition of Citigroup’s consumer banking units with a plan for ...
Crypto.com Can Now Issue its Visa Card in Singapore
Crypto.com announced in a press release Tuesday that through a partnership with Visa, the firm will be able to issue its Visa cards in the city-state. The Crypto.com Visa Card is the biggest payment ...
Singapore to phase out checks for businesses by 2025
Also testing digital cash tied to specific purposes – like only letting kids spend allowances on school supplies Singapore aims to eliminate the use of checks, beginning with corporate checks, by the ...