Micro News

Both Indonesia and Malaysia view the export restraint against palm oil into the European Union (EU) extremely seriously and are ready to take joint action. This in order to counteract the discrimination that may jeopardise more than 18 million smallholders in both countries according to sources. Malaysia’s…


On Tuesday the 14th of November, The Monetary Authority of Singapore (MAS) launched numerous initiatives relating to efforts to establish itself as a fintech regional leader. The MAS Managing Director, Ravi Menon, has stated that the central bank will sign 16 collaboration agreements with other governments,…


In the face of recent comments of money laundering schemes in the island, it must be noted that Cyprus has one of the most sound anti-money laundering and counter-terrorism financing regulations in the world. Cyprus complies with the US Foreign Account Tax Compliance Act (FATCA) and was among the first…


  According to data from McKinsey & Company, there are 19 megacities that are expected to control the world in the future. Here are a few examples: First of all, according to the research, the population of London is expected to increase from 14.8 million to over 16 million by 2025.  London’s GDP is…


  Mr Sahat Wahab’s nasi padang stall at Tiong Bahru Market is one of the 80 plus stalls that does not have a mobile payment option. Moreover, only one in six stalls offer the option of mobile payment at the food centre. For example, Mr Sahat has concerns about offering a mobile payment option. He has…


The Finance Director of HSBC, Iain Mackay, has stated that the bank may move less than 1000 jobs to Paris following Brexit. According to reporters, Mackay stated "It may be less than 1000 employees, but it's up to 1000". HSBC’s investment bank in London currently employs approximiately around 5000 people. Mackay…


Singapore aims to boost its current status as a foreign-exchange and wealth management centre which is part of the projected plans to design morefinancial-sector jobs and diminish the effect of quick changes in technology. On the 30th of October, the Monetary Authority of Singapore (MAS) stated that…


Singapore: Least Stressful Asian City

According to a study carried out by an European dry-cleaning and laundry service, Zipjet, Singapore is the least stressful Asian city in the world. Singapore was ranked as 42nd out of 150 cities in the study. Following this, the most stressful city in the world stands to be Baghdad in Iraq. Zipjet…


Singapore: Loopholes in gig economy

According to the consultancy firm Deacons, there are considerable loopholes in Singapore’s gig economy. Deacons believe that the loopholes are evident within employment regulation in the gig economy. Freelancers for gig companies such as Airbnb are unfortunately not protected by any employment policies.…



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