Singapore
Developers to bear new responsibilities in screening buyers under new bill
Violators may pay a $100,000 fine or be disqualified from obtaining future licences.
Developers to bear new responsibilities in screening buyers under new bill
Violators may pay a $100,000 fine or be disqualified from obtaining future licences.
Regtech startup Datarama clinches Anti Money Laundering Award for APAC
Datarama is also part of the global RegTech 100 for the second year running. Singapore regtech platform Datarama won the RegTech Award for Best Anti-Money Laundering Solution at the Regulation Asia Awards. The announcement comes as Datarama was also named in the global RegTech 100 for the second year in a row, an annual list of 100 of the world’s most innovative RegTech companies. “Datarama was the winner for its technology-enabled interactive mapping and cross-checking tool, which gathers data from specialised media, deep web sources and official records to visualise key relationships, unearth obscure information and highlight hidden associations, thereby helping firms to fast-track KYC, due diligence and deal identification,” Regulation Asia’s Award announcement said. The award recognises firms that are playing a leading role in developing emerging technologies to meet regulatory requirements. “We developed our regtech platform with the objective to leverage big data and technology to revolutionise the compliance and due diligence space. These awards are a recognition of our achievement in making due diligence and compliance in cheaper, faster and more efficient,” commented Raphael Bouzy, CEO & co-founder, Datarama. Datarama was recently chosen by Oracle to share its expertise on regtech as part of last week’s Singapore Fintech Festival, the world’s largest FinTech event. Over 30,000 delegates attended the event organised by The Monetary Authority of Singapore (MAS) in partnership with The Association of Banks in Singapore.
Well & Able Holdings Pte Ltd takes home Designed in Singapore Award for materials and construction
Their innovative building materials and prefabricated building systems result in a quicker, cleaner, more efficient and sustainable construction.
Zimplistic Private Limited wins Designed in Singapore Award for Appliances
The Rotimatic robot significantly slashes the time it takes to make flatbread.
Hong Kong and Tokyo beat Singapore as best finance locations in Asia: report
Its weak 10.7% performance on property factors and modest banking scale dragged its final score.
Singapore investors are unfazed by market volatility: poll
Half of them think the best investment opportunities in 2019 are in Singapore.
überGARD Pte Ltd bags Made in Singapore Award for Security and Safety
Their new touch series key management systems beefs up security controls.
Clynn by Nature clinches Made in Singapore Award for Personal Care
Their Scalp Tonic 01 is nature's answer to hair loss, producing highly visible results in as little as three weeks and restoring hair to fuller thickness in as little as 10 weeks.
Indoguna (Singapore) Pte Ltd bags the Made in Singapore Awards for Food
Their broad selection of sausages and deli meats in their Carne Meats Air-Dried series are painstakingly crafted from the freshest quality materials through the oldest method of meat preservation.
My Greatest Child wins Made in Singapore Award for Educational Product
Their educational posters prioritise children’s effective learning and better understanding of their visual aids, which have reached more than 50,000 customers as of August 2018.
Akribis Systems Pte Ltd clinches Made in Singapore Award for Automation Systems
Their revolutionary direct drive technology has replaced traditional rotary motor technologies.
Living costs pin Singapore down in second place of expat city rankings
Over half or 52% of expats are dissatisfied with the city's cost of living.
16 companies hailed as the region's best exporters at the inaugural Asian Export Awards
The event coincides with the second year of the Made in Singapore and Designed in Singapore Awards.
Ride-hailing firms boost e-payment adoption in Singapore
GrabPay and Go-Pay are examples.
HDB issues $500m, five-year fixed rate notes
The notes will be in denominations of $250,000.
Freehold site in prime Novena revives en bloc attempt at $145.8m
Over 60% of land owners have agreed to lower the price to $129.1m.
Wilmar braces for weaker soymeal demand and lower Q4 profits: report
Buyers have stocked up soymeal as they prepare for a potential shortage.