Finmo, a payments company headquartered in Singapore, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Singapore’s PM defends governance after scandals
Singapore’s prime minister has defended its reputation for clean governance after a corruption investigation and an “inappropriate” parliamentary relationship tarnished the city-state’s image just as ...
Cheques, passbooks and 1-cent coins: 5 ways money and banking transactions have changed in Singapore
Amid falling cheque usage and higher processing costs, banks in Singapore will start charging customers for issuing Singapore dollar-denominated cheques by November.
Woman jailed for tricking teacher into ‘investing’ S$145,500 in fake SAF eMart business
The victim got to know the accused after buying items from her shops in Beach Road for his National Cadet Corps students.
Are We In A Schrödinger’s Recession? Understanding The Dual Reality of Recovery and Recession In Singapore
Nobody is certain if we are truly in a recession yet even though we have been bracing for it. When you look at the intricacies of market trends, consumer behaviour, and government policies, some signs ...
OCBC customers can use bank’s app to pay merchants in 47 markets including China
SINGAPORE - OCBC customers will be able to use the bank’s digital app from Friday to make retail payments to UnionPay QR-enabled merchants in 47 markets from their OCBC Singapore bank accounts. They ...
Average Singapore consumer needs to save at least $1,733 per month over 27 years to feel financially free: survey
To feel financially free, the average consumer in Singapore would have to save at least $1,733 per month over approximately 27 years to accumulate a median savings of $566,640, according to a survey ...
Singapore: MAS to Strengthen Defense Against Money Laundering Risks in Single Family Offices
MAS recently launched a public consultation on a revised framework to strengthen surveillance and defense against money laundering.
Singapore’s GIC boosts infrastructure investment in India, Vietnam
SINGAPORE -- Singaporean sovereign wealth fund GIC is focusing on infrastructure investments and moving money from China to India and Southeast Asia, looking for more stable returns than those ...
Singapore fintech funding at 3-year low, but experts say recovery near
SINGAPORE fintech funding sank to a three-year low in the first half of 2023 as rising interest rates and economic headwinds continued to dent investor sentiment, but experts believe a recovery is on ...
FUTUREGRAIL’S INAUGURAL ONLINE AUCTION OF COLLECTIBLE TIMEPIECES IN SINGAPORE
Singapore-based premier investment advisory firm for high-end watches, FutureGrail, is pleased to announce its inaugural online auction of collectible timepieces, going live on 8th September and ...
Ways to Start Investing For Your Children to Give Them a Financial Head-Start
How to start investing for my children?” If that is a nagging question in your mind, read on because this article will discuss the financial goals you should set for your little ones and how you can ...
Concord Biotech IPO to open on August 4. Here are 10 things to know about the offer
The initial public offering (IPO) of Concord Biotech will open for subscription on August 4. The issue closes on August 8. The company's shares are expected to get listed on both the exchanges. Here ...
Global and Singapore fintech funding reduced, alongside dip in late stage funding, given rising interest rates and economic headwinds
Within the crypto space globally, Singapore has gained prominence among investors and startups as a strong forerunner. This comes as the nation has in place regulations such as the Payment Services ...
Insurance veteran to run for Singapore’s presidential seat
He became CEO of Income Insurance (formerly NTUC Income) up until 2007. Finance and insurance veteran, Tan Kin Lian, announced in a social media post his application for a certificate of eligibility ...
Oriana Power IPO: Find GMP, price band, subscription, key investors and other details here
The company will deploy the proceeds towards meeting its working capital requirements, investment in subsidiaries, capital expenditure ...