THE Bank for International Settlements (BIS) will establish an innovation hub centre in Singapore, along with one each in Basel, Switzerland and Hong Kong.
SAVERS may want to consider locking in the higher fixed deposit rates available now before banks and financial institutions here take the cue from the dovish United States central bank and cut their fixed deposit rates.
DBS Bank on Friday debuted the second season of Sparks, a mini-series inspired by true stories of social enterprises and their journey from the ground up.
SINGAPORE will issue up to five new licences to digital banks and begin taking applications from August, in one of the biggest liberalisation steps taken by the city-state in years.
RAZER said it is considering applying for a digital-bank licence in Singapore, after the Monetary Authority of Singapore (MAS) on Friday night announced its intention to issue up to five new licences with applications starting from August.
REMITTANCE startup InstaReM told The Business Times (BT) on Friday it plans to apply for the digital banking licence in Singapore when applications open in August.
SINGAPORE will issue up to five new licences to virtual banks and begin taking applications from August, in one of the biggest liberalisation steps taken by the city-state in years.
SINGAPORE will issue up to five new licences to digital banks and begin taking applications from August, in one of the biggest liberalisation steps taken by the city-state in years.
UNSURPRISINGLY, housing loans in Singapore shrank for the fifth straight month in May, as cooling measures introduced last July continued to work their way through the property market .
