RBI Joins Project Nexus for Seamless Cross-Border Payments
RBI joins BIS cross-border payment initiative Project Nexus to facilitate instantaneous retail payments among ASEAN countries.
Singapore - page 2
Singapore Says About Laundering Risk
Singapore has stated that its banking sector poses the highest money laundering risks to the city-state.
Singapore Ranks №1 Globally in GenAI Work Usage
About 60% of employees in Singapore use generative AI (GenAI) tools at work, the highest usage rate globally, alongside Hong Kong.
Fintech Startup Surfin-Meta Actively Uses AI
Surfin-Meta startup, which is based in Singapore, aims to use the capabilities of artificial intelligence to provide services to people in developing countries who are facing a shortage of banking maintenance.
Ghana & Singapore Complete Cross-Border Transaction in Semi-Fungible Token Pilot Project
The Digital Economy Semi-Fungible Token (DESFT) Project between Ghana and Singapore is intended to encourage trade between MSMEs in these two countries.
Amazon Commits $9 Billion Investment in Singapore
Amazon.com intends to invest $9 billion in expanding its cloud computing infrastructure in Singapore.
ComfortDelGro Gets Green Loan From DBS to Accelerate Decarbonization of its UK Bus Fleet
SGD 100 million loan facility provided by DBS will be used to make the global operator ComfortDelGro’s bus fleet greener in the UK.
MAS to Invest S$35 million to Upskill Sustainable Finance Specialists
The Sustainable Finance Jobs Transformation Map (JTM) laid out by MAS aims to support upskilling and reskilling in the financial sector and develop a new range of specialists in sustainable finance over the next three years.
SingSaver Introduces Tailored Travel Insurance by Allianz
Allianz Travel Hero insurance solution enables customers to tailor their insurance plans depending on the distance of their travel, or the length of their stay overseas.
Regulators in Singapore License Crypto Platform GSR Markets
In Singapore, local regulators have issued a license to the cryptocurrency market maker GSR Markets.
The Business Show Asia 2024
Asia’s largest business show returns in 2024, at Marina Bay Sands Expo & Convention Centre on August 28th & 29th. The Business Show Singapore aids SMEs and startups, focusing on innovation and adaptation to revive Asia’s business landscape.
Genesys Acquires AI SaaS Startup Radarr
One of the leading US software companies, Genesys, has agreed to acquire Radar Technologies, which facilitates business decision-making, based on AI-driven real-time online conversation insights.
India Is Among Top Fintech Cluster Hubs Globally
The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.
Singapore November Core Inflation Demonstrates Subdued Demand
In Singapore, core inflation showed a dynamic of the decline in November.
China and Singapore to Use E-Yuan for Tourist Spending in Cross-Border CBDC Pilot
China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.
Singapore to Suspend Non-Bank and Non-Card Channels for Remittance to China
The Monetary Authority of Singapore (MAS) has instructed companies providing money transfer services to suspend the use of non-bank and non-card channels when interacting with individuals interested in cross-border transactions to China.
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