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In spite the recent fall of cryptocurrency, with a trading value of over US$7,000.00, and the significant growth of over 600% last weeks witnessed during this year alone, experts speculate that bitcoin could reach a record high trading value close to the US$8,000.00 mark. This growth is said to be allocated…


The OCBC Bank have recently launched in-app technology called OCBC OneLook which involves facial identification technology for their customers who have consumer and mobile banking applications. Due to the new technology, the mobile banking app is expected to have over 120,000 users. The technology will…


Singapore’s school fees on the rise

The Singapore Education Ministry has issued a decision to increase school fees in Singapore, the intention of the Singapore Government is to maintain an average fee rate in the country which will mean an increase for certain locations. The increase will be gradual until 2020, each year the increase…


Singapore investing into digital development

A recent study carried out by the Economist Investigation Unit (EIU) has concluded a lack of confidence in hiring new talent in Singapore for digital services. However, 43% of executives said the government’s programs and events are the most helpful source of external support and about 53% said that…


Singapore: Web Bubble in Fintech Hype

This is the message from Ravi Menon, the Managing Director of Monetary Authority of Singapore, for investors who try to navigate in technology financial services industry. Memon, said that people should be more suspicious and wary of lending platforms and cryptocurrency ‘s rabidly rising prices. Central…


Tourist arrivals from China have exceeded arrivals from Indonesia. Visitor arrivals from China to Singapore contributed a total of 18.2% to tourist arrivals, which made China the largest contributor for tourism. However, the usual main source for tourism in the Lion City was Indonesia which contributed…


According to various sources, China is urging foreign payment card companies to create local joint ventures for onshore operations. This move would counter a pledge on market access which Beijing made to US President, Donald Trump. The drive for encouraging equity tie-ups with Chinese companies, rather…



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