OCBC Bank leveraged Singapore Customs’ electronic Banker’s Guarantee program which was launched on 2 March, issuing an electronic banker’s guarantee (eBG) to Singapore Customs on behalf of vCargo Cloud, an Infocomm Technology solution and service provider that performs customs declaration services for forwarders and shippers.
PIVOT Fintech Pte Ltd, a digital wealth management technology services venture has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS).
PIVOT’s CMS license, which comes after the recently published MAS Guidelines on the Provision of Digital Advisory...
Funding Societies has announced the launch of Elevate, a virtual card solution for micro, small and medium enterprises (MSMEs) in Singapore. This will close the 80% corporate credit card gap in the country's MSME sector, which currently sees many business directors take on personal liabilities on their own credit cards in...
GAT Investment Bank Limited is a global investment banking, securities and investment management firm that provides a wide range of financial services to a diversified client base that includes corporations, financial institutions, and individuals.
Initially offering its clients a global trading platform, it realised...
The pandemic has revealed the importance of a deliberate, digital-focused invoice management strategy to build stronger resiliency. Such a strategy can improve business clarity, reduce delays and errors caused by manual data entry, and free up cash for the business especially in crucial times.
Pitik, founded in 2019, is an Indonesian company that harnesses the power of data and technology to empower Indonesian chicken farmers, allowing them to achieve better quality poultry and thereby generating more income. Like many SMEs and startups, they faced an issue obtaining the necessary financing to...
Businesses are more interconnected than ever. In today’s global economy, international payments have taken on new significance in enabling cross-border trade and investment. Despite this, businesses continue to be plagued by expensive fees and unpredictable timings when carrying out cross-border transactions – these inefficiencies stem from an...
Like all businesses hit by the pandemic, small and medium enterprises (SMEs) in Southeast Asia have had to adapt to survive the unexpected disruption. From retailers to food outlets, many moved to online channels, while others looked to digital technologies to better optimize operations and keep their...
The global economy shows signs of steadying, however, many indicators remain weaker than a year ago, according to the Global Economic Conditions Survey (GECS) for Q4 2022 from ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants).
The Q4 report shows the...
