The Singapore Business Federation (SBF) welcomed the Singapore Exchange Regulation’s (SGX RegCo) announcement in January 2020 to apply quarterly reporting requirements only for companies associated with higher risks while strengthening continuous disclosure requirements on all listed companies. This is in line with one of the recommendations...
Standard Chartered announced in January 2020 the launch of SC GPI Track, a publicly accessible portal that offers the ability to trace all cross-border payments cleared through the Bank’s major clearing centers to its clients, as well as to their corporate and retail clients. This makes them the...
The Singapore Business Federation (“SBF”) and V3 Fintech Pte Ltd (“V3 Fintech”), the digital financial services unit of Singapore SME V3 Group Limited (“V3”), announced in December 2019 the establishment of Beyond Lab, a regional digital academy focused on supporting SMEs in adopting digital technology to increase...
Cloud Comrade, an enterprise-focused, Singapore-based cloud computing consultancy company and Google Cloud have joined forces to help ICT SMEs in Singapore take advantage of opportunities in a Services 4.0 era via GoCloud with Cloud Comrade, an Infocomm Media Development Authority (IMDA) initiative. The GoCloud initiative by IMDA...
Beyond consortium has launched a bid for a digital full bank license from MAS, with a focus on SMEs. The consortium comprises V3 Group, EZ-Link, property developer Far East Organization and Temasek-subsidiary Heliconia Capital Management. Other notable members include the Singapore Business Federation (SBF) and Mitsui Sumitomo...
Razer Fintech, the financial technology arm of Razer Inc, a lifestyle brand for gamers, announced that it has submitted its application for the Digital Full Bank License to be issued by the Monetary Authority of Singapore (“MAS”). Should Razer Fintech and its consortium be...
CIMB Islamic Bank Berhad (“CIMB Islamic”) unveiled late last year an initiative in support of small and medium enterprises (SMEs) in Malaysia looking to grow their business in the global halal market. Through CIMB HalalBizReady, the proposition provides financing packages that help businesses become compatible with the requirements...
According to Lux Research, a provider of tech-enabled research and advisory services for technology innovation, the increasing prevalence of chronic disease, rapidly aging populations, and huge middle-class growth in developing economies are combining to push the growth in global healthcare expenditure from 2.4% in 2015 to an...
United Overseas Bank (Malaysia) Bhd (UOB Malaysia) and The FinLab announced in December 2019 that the small- and medium-sized enterprises (SMEs) that have completed the Jom Transform Program are expected to see productivity rise by up to 30 per cent through digitalization. The Jom...
Everyone knows people who are fun to be around. They're outgoing, positive and seem to make everyone around them better. Researchers call them "connectors," and a new study suggests they can help improve the work experience and ultimately reduce turnover when strategically hired and placed in certain group settings. And that effect...