The Ministry of Law (MinLaw) announced today that six firms have been selected to pilot new business models for moneylending, as part of an initiative to better protect borrowers through business-led improvements. These new models include more comprehensive use of data to assess creditworthiness, using digitalised processes to lower cost and giving better terms to […]

When America went to the vote on November 8th, there was a hush across the world and most noticeably in Asia. During the months-long campaigns both presidential candidates had made comments about this important region and it is no wonder each country had its preferred candidate. When the results were announced the hush became a […]

When it comes to adoption of new technology, very few countries can match Singapore in recent times. It was no wonder then that when Google, Samsung and Apple wanted to test the viability of their contactless cashless payment systems, this was one of the first countries they picked. A 2016 study released by VISA says […]

Offshore & Marine Companies Face Downward Trend It has been a particularly disappointing third quarter for listed offshore players as well as their marine counterparts. Most Offshore & Marine companies posted poor results but analysts believe this is just the beginning of a downward trend in the industry. While the research firm, Maybank Kim Eng, […]

Spend more money now to boost economy, Singaporeans It is no secret that Singapore relies heavily on its exports to build the economy. However, economists now advise that the country needs to rely less on exports and more on domestic consumption to boost economy. This is an interesting recommendation for the South East Asian countries […]