Money

15,000 taxi drivers to be recruited by Nets to encourage hawkers to go cashless

SINGAPORE - In its bid to push hawkers to go cashless, payment services group Nets has enlisted the help of an unconventional army: ComfortDelGro's 15,000 taxi drivers.

Singapore bank lending weakens in December: MAS

BANK lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday showed.

Pay for hawker centre meals with ez-link cards at Nets terminals from April

For a start, ez-link cards will be accepted at some 1,000 stalls in more than 30 hawker centres in places like Tanjong Pagar, Yishun Park and Zion Road.

DBS cuts transaction fee for SME payments as more SMEs go online

DBS said on Tuesday it has cut transaction costs for small and medium-sized enterprises (SMEs), as more of the SME transactions go online.

Singapore startups to step up 2018 fund-raising for global expansion: KPMG

SINGAPORE startups are likely to step up their canvassing for venture capital (VC) funding in 2018 for regional and global expansion.

Venture capital activity in Singapore to remain robust in 2018: KPMG

VENTURE capital (VC) activity in Singapore will remain robust in 2018, going by a latest KPMG report that was released on Thursday.

New StanChart unit to invest in fintech and promote innovation

STANDARD Chartered (StanChart) has set up a new unit aimed at promoting innovation within the bank and investing in disruptive technologies, the bank announced on Wednesday.

New OCBC loan gives SMEs flexibility

A new loan from OCBC Bank for small and emerging businesses offers flexibility and cost effectiveness.

Temasek, Kuehne tie up to invest in early-stage logistics tech

STATE investment firm Temasek Holdings has its eye on budding logistics and supply chain technology firms worldwide - the latest move in its tech-sector venture plays.

Singapore bank lending up 0.6% in November: MAS

BANK lending in Singapore rose 0.6 per cent in November from the previous month, preliminary data from the Monetary Authority of Singapore on Friday showed.