EconomyFeaturedSingapore’s GDP plunged 12.6% in the second quarterPritam BordoloiJuly 14, 2020July 14, 2020 by Pritam BordoloiJuly 14, 2020July 14, 2020 It is 8 percentage points higher than the 11.8% contraction expected by MAS... Read more
BankingFeaturedADBC signs MoU with Tencent to leverage its cloud technologyPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020 We will see collaborations on cloud-based financial services and joint innovations towards a data-driven digital bank... Read more
EconomyFeaturedSingapore’s GDP may contract by 34.6% in the second quarterPritam BordoloiJuly 10, 2020 by Pritam BordoloiJuly 10, 2020 This could possibly mark the start of a recession... Read more
FeaturedFintechAMTD to acquire a controlling stake in Singapore’s Fomo PayPritam BordoloiJuly 6, 2020 by Pritam BordoloiJuly 6, 2020 AMTD will complete the acquisition through a share swap and cash deal... Read more
FeaturedReal EstateSingapore’s real estate activity down by 45% in H12020Pritam BordoloiJuly 3, 2020July 3, 2020 by Pritam BordoloiJuly 3, 2020July 3, 2020 In the second quarter, preliminary investment volume stood at S$3.06 mn... Read more
FeaturedTechnologyRobotics startup Botsync secures funding for scaling automation solutionPritam BordoloiJuly 2, 2020 by Pritam BordoloiJuly 2, 2020 The funding round was led by Wong Fong Industries, Seeds Capital, Angelhub and Artesian Venture Partners... Read more
FeaturedInsuranceSingtel launches insurance saving plan on its Dash appPritam BordoloiJune 30, 2020 by Pritam BordoloiJune 30, 2020 The insurance plan has a minimum initial premium of S$2,000, up to a maximum of S$20,000... Read more
FeaturedTelecomSingapore select Nokia, Ericsson to develop 5G infrastructurePritam BordoloiJune 26, 2020 by Pritam BordoloiJune 26, 2020 Huawei to have a limited role... Read more
FeaturedFinanceMalaysia on top when it comes to mobile money usage in SE AsiaPritam BordoloiJune 24, 2020 by Pritam BordoloiJune 24, 2020 Online activities have significantly increased since the pandemic... Read more
BankingFeaturedMAS shortlists 14 applicants for digital banking licencesPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020 Out of the 14, five are digital full bank applicants and nine digital wholesale bank applicants... Read more