FeaturedTechnologySingaporean drone startup H3 Dynamics raises $26 mn to decarbonize air mobilityIFM CorrespondentOctober 21, 2021 by IFM CorrespondentOctober 21, 2021 The funding round was led by SPARX Mirai Creation Fund... Read more
BankingFeaturedSingapore’s virtual bank accounts to increase by 30% by 2026IFM CorrespondentOctober 11, 2021 by IFM CorrespondentOctober 11, 2021 Currently, only 18 percent of adults in the country have virtual bank accounts.... Read more
BankingFeaturedMonetary Authority of Singapore launches data-sharing platform to combat money launderingIFM CorrespondentOctober 5, 2021October 5, 2021 by IFM CorrespondentOctober 5, 2021October 5, 2021 The platform is named Cosmic and it will enable financial institutions to securely share information on customers or transactions... Read more
FeaturedLogisticsMapletree buys two portfolios of logistics assets in the US worth $3 bnIFM CorrespondentSeptember 30, 2021 by IFM CorrespondentSeptember 30, 2021 This brings the property developer’s global logistics AUM to $18.7 bn... Read more
Asset ManagementFeaturedCrypto asset management firm Cobo raises $40 mn to accelerate DFaaS developmentIFM CorrespondentSeptember 23, 2021 by IFM CorrespondentSeptember 23, 2021 The funding round was led by DST Global, A&T Capital and IMO Ventures... Read more
FeaturedFinanceLondon Stock Exchange sets up sustainable financial innovation lab in SingaporeWebAdminSeptember 1, 2021 by WebAdminSeptember 1, 2021 The lab has backing from Monetary Authority of Singapore and plans to expand innovation and advanced technology throughout the country... Read more
Business LeadersFeaturedBinance hires new chief executive for Singapore divisionWebAdminAugust 24, 2021 by WebAdminAugust 24, 2021 Richard Teng headed the Financial Services Regulatory Authority at Abu Dhabi Global Market prior to joining Binance... Read more
FeaturedTechnologySouth Korean internet giant Kakao enters Singapore’s blockchain spaceWebAdminAugust 17, 2021 by WebAdminAugust 17, 2021 Kakao established two new blockchain-based entities-the Klaytn Foundation and Krust in Singapore... Read more
FeaturedInsuranceLIA Singapore reports a 61% increase in sales in H1 2021WebAdminAugust 13, 2021 by WebAdminAugust 13, 2021 The growth represents the industry bouncing back from the slow sales observed in the first half of 2020 due to Covid-19 pandemic... Read more
FeaturedLogisticsSingaporean logitech Parcel Perform raises $20 mn for global expansionWebAdminAugust 13, 2021August 13, 2021 by WebAdminAugust 13, 2021August 13, 2021 The funding round was led by Palm Beach-based Cambridge Capital... Read more