SingSaver, a Singapore-based financial comparison platform, has identified cashback as the number one reward women look for when choosing a credit card. The survey of women aged 21-55, which includes millennials, also sheds light on women’s changing attitudes to personal finance and indicates a shift towards greater financial inclusion...
Google, Temasek, and Bain & Company released the 9th edition of the e-Conomy SEA report - Profits on the Rise, Harnessing SEA’s Advantage. For the first time, the report examines the health of the digital economy through the lens of profit. Key players made significant strides towards profitability, with tighter...
This article is contributed by the Inland Revenue Authority of Singapore (IRAS). The Year of Assessment (YA) 2024 Corporate Income Tax (CIT) filing season is upon us, but don’t hit that snooze button just yet. Filing your company’s tax return this year comes with some exciting incentives that could significantly...
Singapore-based peer-to-business (P2B) lending platform Validus Capital has set up shop in Indonesia through its subsidiary Batumbu, in partnership with Indonesia’s Triputra Group.  Validus targets small and medium enterprises (SMEs) while Batumbu connects SMEs in Indonesia with accredited, institutional, and high net worth investors to provide loans for business growth. While Batumbu will...
Visa released the results of its Money Travels: 2024 Digital Remittances Adoption Report, with 86 per cent of Singapore residents sending or receiving money at least once a year, and digital apps is their preferred remittance method. The Money Travels: 2024 Digital Remittances Adoption Report examines how consumers send money abroad, diving...
The Monetary Authority of Singapore (MAS) and the Bank of Ghana (BOG) have commenced discussions to adopt the Business sans Borders (BSB) open hub of platforms between Singapore and Ghana. These discussions on close cooperation will benefit the small and medium-sized enterprises (SMEs) and micro-SMEs (MSMEs)1 in both countries by...
While the pandemic has presented unprecedented challenges and disruption to the global business environment, it has also opened up possibilities for companies that position themselves to seize them. Key to weathering the disruptions and realising growth plans are strong and agile financial foundations. One way to realise this is through...
Stripe has published a report exploring how digital trade is reshaping the global economy. It finds that consumers and businesses are optimistic about the globalized economy, with businesses looking to expand into new international markets, and consumers increasingly willing to purchase cross-border goods and services online. The report draws on...
Featurespace, an international provider of Adaptive Behavioural Analytics for fraud detection and risk management, has launched anti-fraud technology in Singapore. The company is working with 17 banks across continental Europe, the UK, US and Latin America. Their technology is also being embedded by payment processors and merchant acquirers who...
YouTrip has launched its new business product, YouBiz, a corporate card powered by Mastercard® that promises cashback and savings with zero foreign exchange fees. Integrated with the card is also a unified control centre bringing together multi-currency accounts, local and domestic transfers, corporate expense management and credit features in a...