Business

[ad_1] SINGAPORE – Chinese financial technology giant Ant Group and a consortium that included Grab and Singapore Telecommunications were among the four groups that received digital banking licenses from Singapore’s central bank, allowing them to offer a variety of services and a boost your fintech credentials. The other winners announced …

[ad_1] The full digital bank created by the Grab-Singtel consortium will hire around 200 employees in Singapore by the end of next year to build a strong banking infrastructure. To date, between 10 and 15 percent of the positions in the digital bank have been filled. Banking veteran Charles Wong, …

[ad_1] SINGAPORE – Three new coronavirus cases have been confirmed as of noon on Friday (December 4), bringing Singapore’s total to 58,242. All were imported cases that had been listed on stay-at-home or isolated notices upon arrival in Singapore. On Friday, the Ministry of Health (MINSA) did not announce any …

[ad_1] Friday, December 4, 2020 – 7:28 pm The Grab-Singtel alliance and consumer internet company Sea took the two coveted full digital banking licenses at stake, the Monetary Authority of Singapore (MAS) announced late Friday. They were among the four digital banking licenses granted by MAS, emerging victorious from a …

[ad_1] Fri, Dec 04, 2020 – 6:57 pm The ANT Group unit and a consortium consisting of Greenland Financial Holdings Group, Linklogis Hong Kong Ltd and Beijing Co-operative Equity Investment Fund Management, have been selected to receive Digital Wholesale Bank (DWB) licenses in Singapore. With this, the Monetary Authority of …

[ad_1] SINGAPORE – The Monetary Authority of Singapore (MAS) granted full digital banking licenses to the Grab-Singtel consortium and tech giant Sea on Friday (December 4), a first for the city-state and a long-awaited measure aimed at liberalizing the financial industry. Like traditional banks, these players will provide retail clients …

[ad_1] SINGAPORE – The former Big Box shopping center in Jurong East was acquired by Perennial Real Estate Holdings for $ 118 million, the developer said on Friday (December 4). More than $ 70 million is expected to be invested to rebuild the site into a business park, said the …

[ad_1] SEOUL: South Koreans were urged to cancel the Christmas and New Years holidays on Friday (December 4) as daily cases of coronavirus hit a nine-month high and the government will impose stricter social distancing rules in Seoul to stop a third wave of infections. Health authorities reported 629 new …

[ad_1] SINGAPORE: When Gabriel Michael Wong, 17, was summoned to the principal’s office earlier this year, he thought he was in trouble. The College East student from the Institute of Technical Education (ITE) did not expect to be invited to join the REACH oversight panel, which helps shape the direction …

[ad_1] SINGAPORE (THE NEW DOCUMENT) – In a media interview last year, the owner of the e-scooter shop claimed that he had rejected a request from a teenager to modify his e-scooter so that it could exceed the legal speed limit 25 km / h. Samuel Tan Woon Yeow recalled …