Currency FeaturedDBS to launch digital bourse for crypto tradingPritam BordoloiDecember 15, 2020 by Pritam BordoloiDecember 15, 2020Singapore Exchange will take a 10% stake in the digital exchange...Read more
Banking FeaturedSingapore grants digital banking licence to four firmsPritam BordoloiDecember 7, 2020 by Pritam BordoloiDecember 7, 2020The four firms are Ant Group, Grab-Singtel, internet giant Sea and a consortium of Greenland Financial...Read more
Featured TechnologyJP Morgan begins commercial testing of digital currencyPritam BordoloiOctober 30, 2020 by Pritam BordoloiOctober 30, 2020It also launched Onyx, a new division dedicated for its blockchain projects...Read more
Economy FeaturedSingapore’s GDP to contract by 5-7%: SGXWebAdminOctober 21, 2020 by WebAdminOctober 21, 2020Retail sales dropped in August by 6%...Read more
Asset Management FeaturedSingapore’s Temasek sets up $55 bn asset management firmPritam BordoloiOctober 7, 2020 by Pritam BordoloiOctober 7, 2020The new firm is called Seviora Holdings...Read more
EconomySingapore’s GDP to decline by 6% in 2020, survey revealsPritam BordoloiSeptember 8, 2020September 8, 2020 by Pritam BordoloiSeptember 8, 2020September 8, 2020In an earlier survey, GDP was expected to contract by 5.8%...Read more
Economy FeaturedSingapore’s GDP plunged 12.6% in the second quarterPritam BordoloiJuly 14, 2020July 14, 2020 by Pritam BordoloiJuly 14, 2020July 14, 2020It is 8 percentage points higher than the 11.8% contraction expected by MAS...Read more
Economy FeaturedSingapore’s GDP may contract by 34.6% in the second quarterPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020This could possibly mark the start of a recession...Read more
Featured FintechAMTD to acquire a controlling stake in Singapore’s Fomo PayPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020AMTD will complete the acquisition through a share swap and cash deal...Read more
Banking FeaturedMAS shortlists 14 applicants for digital banking licencesPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020Out of the 14, five are digital full bank applicants and nine digital wholesale bank applicants...Read more