News

Fintechs accelerate global expansion with IFC partnerships

Fintechs accelerate global expansion with IFC partnerships

About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations.

Hourly CFE matching could save SG $238.6m annually by 2030

A planned 1 GW link to Batam, Indonesia, would increase Singapore’s base CFE share to 10% from about 2.7%.

Over 38,700 exploit attempts on Singapore firms blocked in H1

Kaspersky also detected over 470,000 web threats in Singapore alone.

Tax policy pulls Singapore down global competitiveness ranking

Singapore slips to second place behind Switzerland in the IMD World Competitiveness Ranking.

Singapore banks introduce safeguard for large digital withdrawals

Accounts losing over 50% of balance may enter a 24-hour cool-off period.

OCBC launches upskilling programme for mortgage specialists

They can now advise home loan customers on investments and insurance.

PMI edges up to 50.1 in September

New orders, new exports, and input purchases grew at a faster rate.

COTD: Singapore startup funding jumps 165.14% MoM in September

Early-stage startups (51.7%) held the largest share of funding.

Real estate investments up by 7.5% QoQ in Q3

Private sales took the bulk, totalling $6.3b.

Danny Leung steps up as MoneyHero CFO

Leung joined MoneyHero in 2024 as Group Director of Finance.

A*STAR launches Smart Manufacturing Joint Lab phase two

It will focus on advanced technologies for aftermarket services, amongst others.

GKE raises $8.53m to fund expansion

It will focus on its warehousing and logistics segment.

Daily Markets Briefing: STI up 0.38%; Top stock is ThaiBev

Thai Beverage Public Company Limited is the top stock with a 3.23% increase.