Daily Briefing: Singapore beats Hong Kong in fintech; How Indonesian tax amnesty affects Singapore's property prices

And check out four financial mistakes of Singaporean women.

Singapore and Hong Kong have long been rivals when it comes to being Asia's top financial hub. But it seems that Singapore's combination of committed public funding and promotion, and the removal of red tape have given the city state the edge over Hong Kong in the race to become Asia’s fintech hotspot. Read more here.

Singapore's property market attracted wealthy Indonesians to purchase prime luxury properties because of its stability and transparency. It has recently been reported that the Indonesian tax amnesty programme provides a reprieve to wealthy Indonesians who have been remiss in their tax affairs to take advantage of this opportunity to disclose and optionally repatriate their undeclared assets and pay only a modest clearance levy on the assets declared. How does this affect property prices in Singapore? Find out here.

While staying afloat in an expensive city is a struggle for men and women alike, these four problems tend to manifest more in women. Thinking they can rely on their spouse or kids for retirement is one. Find out more here.