Archive

DBS Launches New Digital Tools for Retirement Planning

DBS announced today the launch of a digital solution called “Map Your Money” which features an interactive dashboard whic can project a customer’s future retirement needs based on their current finances. Alongside the new tool, DBS is also introducing a

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GoBear Lays Off 11% Staff in Cost Cutting Measures Several Months After Raising US$17 Mil

Singapore based fintech startup GoBear announced that it has laid off 11% of its workforce across its offices in Singapore, Philippines, Vietnam and Ukraine. A total of 22 staff members have been retrenched from its 200 strong workforce. GoBear’s CEO,

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SGX Completes First Digital Bond with Temasek and HSBC using Smart Contracts

Singapore Exchange (SGX), working together with HSBC Singapore and Temasek, has completed its first digital bond issuance on SGX’s digital asset issuance, depository and servicing platform, successfully replicating a S$400 million 5.5-year public bond issue and a follow-on S$100 million

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The Financial Situation of Asia After Corona

When the coronavirus first emerged in the region of Asia in January, many predicted that it would have a damaging impact on the region’s economies and potentially trigger a recession. However, few would have anticipated that coronavirus would evolve into

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UN Agencies Partners With Denmark to Leverage on Singapore’s Fintech Hub

Multiple UN agencies have joined hands with Copenhagen Fintech to bring Nordic fintech startups to Singapore to promote the exchange of innovation. The agencies involved are UNDP’s Global Center for Technology, Innovation and Sustainable Development in Singapore, UNDP’s Nordic Office and

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