Singapore

Customer usage of digital banking services increased.

Only 34% of its stores were open on 15 February.

Funds will be used in developing solutions for HVAC systems.

Firms says new product lines will address a range of medical needs.

The five new virtual banking licenses that the Monetary Authority of Singapore (MAS) intends to award this year promise to contribute significant enhancements to customers’ experiences with the country’s financial institutions. The companies that secure the licenses will likely introduce new services to spur fintech innovation from traditional banks and help small and medium sized enterprises (SMEs) reach previously unbanked consumers across Southeast Asia.

Growth in property expense outpaced revenue growth during the quarter.

Key tech trends identified across articles in Singapore media.

The notes will be issued under the $5b medium-term note programme.

Sunac China Holdings won the bid through Tianjin Sunac Real Estate.

The sale could provide much needed cash for the family-owned oil giant.

More than 17,000 mortgagees have applied to defer their mortgage payments.

And visits to four popular markets to be restricted based on identification card numbers.

SGX led the gains amongst top active stocks with a 1.21% expansion.

Most of the upcoming supply will be located in the city fringe.

They will build waste-to-energy and materials recovery facilities.

The revised circuit breaker period will affect issuers whose full-year ended before it.