Singapore bets SUSD 220 million on fintech just as the money dries up
MAS has reopened its chequebook in the weakest funding half the city-state has seen in a decade. Hong Kong, meanwhile, is winning the league tables...
Tag : Monetary Authority of Singapore
Battle of wealth hubs: Singapore unveils fund manager tax breaks to counter Hong Kong
MAS proposes profit exemptions and easier visas for investment professionals as the city state fights to stem an exodus of hedge fund talent to its rival...
Cash vs Counterfeiters: An Eternal Battle
Physical banknotes face a huge vulnerability in the form of counterfeiting, the illegal act of creating, copying, or imitating a physical currency...
Robinhood gets nod to launch brokerage services in Singapore
Singapore serves as Robinhood’s Asia-Pacific headquarter, supporting the company's goal of building the world’s leading financial ecosystem...
Monetary Authority of Singapore launches data-sharing platform to combat money laundering
The platform is named Cosmic and it will enable financial institutions to securely share information on customers or transactions...
Propine gets approval to provide crypto custody
The startup received regulatory approval from the Monetary Authority of Singapore (MAS)...
Singapore sees slow economic progress from recession: MAS
The economy contracted by around 7 percent in the third quarter of the year...
Singaporean fintech Spark secures $10.5 mn funding from Citi, HSBC
Spark’s will use the funds to further develop its in-house technology...
Singapore announces $88 mn package to support financial sector
The aid is in addition to the $4.02 bn set aside in budget 2020 to help the sector fight against Covid-19...
Singapore banks to freeze mortgage, defer SME loan payments
Banks can defer both principal and interest payments for mortgages through December 31...