Singapore

Singapore, an island city-state off southern Malaysia, is a global financial center with a tropical climate and multicultural population. Its colonial core centers on the Padang, a cricket field since the 1830s and now flanked by grand buildings such as City Hall, with its 18 Corinthian columns. In Singapore's circa-1820 Chinatown stands the red-and-gold Buddha Tooth Relic Temple, said to house one of Buddha's teeth.

Source: en.wikipedia.org

OCBC Bank Upgrades ATMs To Cash Checks Instantly
OCBC Bank Upgrades ATMs To Cash Checks Instantly
March 12, 2020  |  Banking

OCBC Bank in Singapore has upgraded its ATMs to accept checks and cash them instantly, according to a release. The bank said that even though...

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Singapore’s ShopBack Notches $75M For Cashback App
Singapore’s ShopBack Notches $75M For Cashback App
March 12, 2020  |  Retail

ShopBack, a cashback app based in Singapore, has notched $75 million in a Temasek-led extended Series B fundraising round. EDBI, EV Growth, Rakuten, 33 Capital...

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Grocery eTailer RedMart Sees Record Demand Amid Coronavirus
Grocery eTailer RedMart Sees Record Demand Amid Coronavirus
February 28, 2020  |  Retail

More consumers are reportedly tapping into eCommerce to buy groceries, as well as other products, following a panic-buying in Singapore in February as the coronavirus...

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Funding Societies Adds Financing To SGeBIZ Procurement Platform
Funding Societies Adds Financing To SGeBIZ Procurement Platform
February 26, 2020  |  B2B Payments

Singaporean peer-to-peer (P2P) platform Funding Societies will partner with Singapore eBusiness (SGeBIZ) for a new way to provide financing solutions to customers, reports said. SGeBIZ...

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Bitcoin Daily: New Zealand Might Change Crypto Tax Rules; Singapore Rules Against eCurrency Operator; ConsenSys To Use Crypto In Healthcare Projects
Bitcoin Daily: New Zealand Might Change Crypto Tax Rules; Singapore Rules Against eCurrency Operator; ConsenSys...
February 25, 2020  |  Bitcoin

New Zealand is considering changes to its treatment of cryptocurrencies, including dropping a tax on goods and services that many people are unhappy with, according...

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Temasek Cuts Raises, Bonuses Amid Coronavirus Outbreak
Temasek Cuts Raises, Bonuses Amid Coronavirus Outbreak
February 25, 2020  |  International

As the Coronavirus circulates, Temasek Holdings Pte is instituting a company-wide wage freeze and requesting that senior management accept voluntary pay reductions for as long as one...

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Citi Joins Trade Finance Network
Citi Joins Trade Finance Network
February 20, 2020  |  B2B Payments

Citi is signing on to Contour’s blockchain-driven trade finance network, Contour announced in a press release on Sunday (Feb. 16). The bank joins numerous banking giants...

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Singapore’s Credify Raises $1M To Expand Into Southeast Asia
Singapore’s Credify Raises $1M To Expand Into Southeast Asia
February 18, 2020  |  Investments

Software development company Credify, based in Singapore, has raised $1 million in a seed funding round from SoftBank-backed artificial intelligence (AI) incubator Deepcore, as well...

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Japanese Sales Tax Triggers 6 Pct Economic Contraction
Japanese Sales Tax Triggers 6 Pct Economic Contraction
February 18, 2020  |  International

The coronavirus outbreak has pushed Japan to the brink of a recession as tourism slides and spending drops in response to a sales tax hike, The...

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