The Monetary Authority of Singapore (MAS) announced on 28 May that the first phase of the Veritas initiative - a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA) - will commence with the development of fairness metrics in credit...
Battling the economic fallout from the COVID-19 pandemic has taken a toll on entrepreneurs, especially those heading micro and small enterprises. A DBS survey showed that over eight in ten owners of micro and small businesses have made personal sacrifices to keep the lights on amid the...
MoolahSense has announced the launch of GreenMoolah, a platform focused on accelerating green and sustainable financing in Singapore and the region.
With a large number of government-linked and large corporations in the region embarking on achieving net zero emissions by 2030, regional and local...
Singapore's FY2023 Budget Statement was delivered on Tuesday, 14 February, by Deputy Prime Minister and Minister for Finance, Lawrence Wong. This budget comes as Singapore returns to DORSCON Green, the demand has picked up for sectors like F&B and retail, and air travel has resumed.
Google, Temasek and Bain & Company have released the 8th edition of the e-Conomy SEA report3 - Reaching new heights: navigating the path to profitable growth. The report shows that, despite global macroeconomic headwinds, the region’s gross merchandise value (GMV) continues an upward trajectory and is set...
DBS announced on 26 February its second round of relief measures to help businesses in Singapore cope better with the COVID-19 situation. These measures are a mix of financial relief packages and digital initiatives to enable companies to fast track their digital adoption and transaction fulfillment needs...
Maybank and Credit Guarantee Corporation (CGC) have jointly launched SME Clean Loan/ Financing Plus, a hybrid loan facility which combines Overdraft and Term loan to assist SMEs in their cash flow management during these trying times.
The SME Clean Loan/Financing Plus consists of a...
The Monetary Authority of Singapore (MAS) has launched a report on the foundational digital infrastructure necessary for an inclusive digital economy and seamless cross-border transactions around the world.
The rapid growth of digital solutions has helped enhance the economic and social well-being of millions...
DBS Foundation has announced the launch of a new grant programme to support small-and-medium enterprises (SMEs) looking to kickstart their transition towards becoming more sustainable businesses. The programme is open to SMEs incorporated in Singapore, Hong Kong, Taiwan, India, and Indonesia
This is an...
DBS Hong Kong's new survey with the city's small and medium enterprises (SMEs) reveals 93% of the community believes digitalisation is important to business growth; however, 57% of those surveyed see funding as their biggest challenge when trying to digitalise their businesses. The survey provides insights into...
