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Looking to boost local fintech sector

Singapore's fintech scene needs a stronger pipeline of talent, mentorship and funding to catch up with leading ecosystems like New York and Silicon Valley, said Monetary Authority of Singapore (MAS) managing director Ravi Menon. Mr Menon added that the regulator "will review some of the regulatory requirements placed on venture capitalists", to encourage more such investors to set up in Singapore...


Banks spearhead rise once again

THE Straits Times Index (STI) ended on a firmer note on Wednesday for its second straight gain this week - buoyed, as usual, by Singapore banks and other defensive counters finding favour among investors in their hunger for yield. To be sure, there were surprising outliers, with SingPost shares still trading at February levels amid concerns that the postal service cannot keep up with its dividend...


Iswaran tells financial services firms to collaborate while competing

COMPANIES in Singapore's financial-services sector have been challenged to think beyond individual gains and to shoot for industry-wide dividends. This, said Minister for Trade and Industry (Industry) S Iswaran on Thursday, will be key to Singapore's ability to remain a leading regional financial hub. Urging fintech (or financial technology) and financial-services firms to broaden and deepen thei...


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