YOMA Strategic on Wednesday proposed to increase its existing shareholding and take a controlling interest in mobile payments firm Digital Money Myanmar (Wave Money) via a US$76.5 million deal.
BELEAGUERED payments provider Wirecard is required to keep customer funds arising from its Singapore business activities in banks here, said the Monetary Authority of Singapore (MAS) in a statement on Tuesday.
OCBC Bank has partnered seven medical groups to launch a healthcare app that provides access to more than 100 general practitioners (GPs) and specialists in Singapore.
A 23-year-old Singaporean will be charged with unlicensed Bitcoin dealing, with the alleged transactions tied to proceeds from victims of online scams.
THE Monetary Authority of Singapore (MAS) said in a statement on Tuesday that it has required scandal-hit payments provider Wirecard to ensure that it keeps customer funds arising from its business activities here in banks in Singapore.
SOLAR energy systems developer Cleantech Solar on Tuesday said it has obtained a US$75 million green loan from ING Bank in Singapore to fund its expansion across South-east Asia.
UNITED Overseas Bank's (UOB) innovation accelerator The FinLab on Tuesday launched an online platform to help small and medium-sized enterprises (SMEs) and startups across Asean to digitalise.
THE collapse in oil prices and the Covid-19 outbreak are exposing questionable practices in the Singapore oil trading industry that could exact a heavy toll on borrowing costs as banks get burnt.
