Financial Services
Singapore wealth firm GIC buys 30% stake in Myanmar's Yoma Bank
Singapore wealth firm GIC buys 30% stake in Myanmar's Yoma Bank
GIC injected $88.7m in a latest funding round along with Norwegian private equity firm Norfund.
ASEAN supply chain shifts a win for Singapore banks
They will be attracted to the banks’ strong balance sheets and access to USD funding.
MoneyExpress, Aleta Planet JV to allow remittance to China in one minute
Recipients may use their UnionPay cards to withdraw money in China.
Asia's first bitcoin asset fund Stack floats in Singapore
The index fund plans to capture $1.01b (US$750m) assets under management within 2020.
Three tips for Singapore businesses to manage international cash flow amidst economic uncertainty
The global economy has slowed significantly over the last 12 months. According to the International Monetary Fund, global growth likely fell from 3.6%...
MAS implements Payment Services Act
Acts on money changing and payment systems have been repealed.
Grab, Razer in talks for Malaysian digital banking licence bid
Up to five licences will be granted to either conventional or Islamic banks.
MAS and Brunei central bank expand areas of cooperation
New areas for collaboration include currency interchangeability and financial sector development.
Grab, Razer in talks for Malaysian digital banking licence bid
Grab, AirAsia, Razer in talks for Malaysian digital banking licence bid.
AXA, Doctor Anywhere launches medical teleconsultation services in Singapore
Insured corporate clients can avail of video consultations through Doctor Anywhere’s app.
AIG, SRX launch insurance policy to replace rent security deposits
AIG Landlord Insurance will cover loss and damages not limited to the amount of the deposit.
Singapore dominates mobile payment market for Chinese tourists
77% of Chinese tourists in the city use mobile payments.
Digital banks won't be a threat to big Singaporean banks: analyst
Singapore poses as a hard-ground for virtual entrants.
Daily Briefing: CrimsonLogic unit eyes digital bank licence; Malaysia mulls social security for workers in Singapore
And digital wealth management startup Kristal.AI raises $8m in its series A funding round.
Loan growth and stable asset quality to bring modest growth for Singapore banks
NIM direction and dividend yield will be its key driver for the new year.
DBS unveils QR-based B2B payments solutions
Suppliers will have the option of instantly enhancing credit terms for each invoice.
7-Eleven partners with local fintech to launch cash-based remittance service
Payers will be able to remit using cash via a generated QR-code bill.
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Commentary
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