Singapore’s central bank has broadened its regulatory regime for payment providers to bring certain cryptocurrencies under its jurisdiction. Singapore’s central bank has finalized a new ... ( read original story ...)
Singapore bank offers annual review process for financial life goals
Just as most Singaporeans know the importance of an annual medical health screening to detect ailments and ensure their health checks out, OCBC Bank is making financial portfolio reviews an annual aff... ( read original story ...)
HDB mortgage interest rates remain unchanged in first quarter 2019
Now let’s say you got $250,000 from the bank instead. At a rate of two per cent for 25 years, the monthly repayment is just $1,060 per month. At the end of 25 years, the total interest paid is $67,891 ... ( read original story ...)
Central Banks of Canada, Singapore and UK Propose CBDCs for Cross-Border Payments
The reserve banks of Canada, Singapore and the United Kingdom have singled out central bank digital currencies as being one of the solutions that can be implemented in order to solve the ... ( read original story ...)
Transfer of Property in Singapore
Considering that Singapore is one of the wealthiest countries in the world, there may be many situations in which one might choose to give away real estate in Singapore. It can be a transfer of proper... ( read original story ...)
Singapore inks intellectual property deal with Russia
This will allow Russian enterprises to explore IP growth markets in Asia. Russian enterprises will now use Singapore as a base to access Asian growth markets as the Intellectual Property Office of Sin... ( read original story ...)
Three major global banks to launch Singapore innovation labs
Calling its new venture Westpac co.lab, the bank said in a statement that this move will allow for "leading positioning" from Australia as both its fintech scene and Singapore's continue to thrive and ... ( read original story ...)
Singapore will Be Home to Bank of China’s Global Innovation Lab
China’s 4th largest bank, Bank of China has announced that Singapore will be home to its Bank of China Innovation Lab in their bid to propel the bank to a new era. This lab intended to serve the follo... ( read original story ...)
Australia’s Westpac launches Singapore innovation lab
co.lab will help Australian fintechs crack the Asian market. Australian bank Westpac has unveiled an Asia innovation hub called co.lab in Singapore as it aims to ease the growth plans of fintech firms ... ( read original story ...)
Deutsche Bank opens its first Asia-Pacific innovation lab in Singapore
SINGAPORE - Deutsche Bank on Wednesday (Nov 13) launched its first Asia-Pacific innovation lab in Singapore, and will develop ideas with start-ups for its wealth management business. The German bank d... ( read original story ...)
Singapore’s Financial Regulator Supports Companies to Open Bank Firms Despite Strict Crypto Regulations
Singapore continues to make groundbreaking moves in the cryptocurrency world. The country has been lauded as one of the most crypto-friendly environments despite the fact that the central government h... ( read original story ...)
Singapore, China to collaborate on fintech, supervision of futures exchanges
The Monetary Authority of Singapore (MAS) concluded and exchanged the cooperation agreements with the People's Bank of China (PBOC) and the China Securities Regulatory Commission (CSRC) this week duri... ( read original story ...)
Singapore Finalises Statutory Bail-In Regime For Banks.
MAS’ statutory bail-in regime only applies to Singapore-incorporated banks and Singapore-incorporated bank holding companies (at least one subsidiary which is a Singapore-incorporated bank) (each, a “ ... ( read original story ...)
Islamic Banking Singapore – Banking and Islamic Investments for Muslims
Using the Sharia principle of “murabaha” or marked-up sale, you then sell those commodities back to the bank after a period of time, for a profit. Interestingly, in the case of Maybank’s Singapore Dol... ( read original story ...)
Deutsche Bank unveils Asia Pacific Innovation Lab in Singapore
The move is a part of its strategy to further digitise client solutions. Deutsche Bank has unveiled its first Asia Pacific Innovation Lab in Singapore, according to a media release. The Innovation Lab ... ( read original story ...)
How Did City Developments Limited Fare In Its Latest Quarter Amid New Property Cooling Measures?
Property stocks have certainly taken a hit in recent months. The Singapore government’s sudden announcement of additional property cooling measures caused related stocks to tumble in July. City Develo... ( read original story ...)