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Alipay
Fintech
Ant may join race for Singapore virtual bank licences
(Nov 19): Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking licence in Singapore, a move that would add a heavyweight contender to the race.
November 19, 2019
E-payment
PayPal enters China, but what about Southeast Asia?
Singapore (Oct 7): Inside the sprawling 728,000 sq ft Silicon Valley headquarters of payments company PayPal Holdings, CEO and president Dan Schulman walks about in a black crewneck sweater and jeans, his feet shod in open-toed sandals. His lightly tanned
October 04, 2019
Singapore economy
Singapore ranks 3rd largest market in SE Asia for Chinese tourists spending over CNY period
SINGAPORE (Feb 20): Singapore emerged as the third largest market in Southeast Asia for Chinese tourists spending over the Chinese New Year, with an increase of 34% in average spending per Chinese tourist, according to a joint report released by Nielsen a
February 20, 2019
Commentary
Singapore's Grab can't afford to fail finance
(Jan 16): After sending rival Uber Technologies Inc packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab has set itself a stiffer target. It wants to be a regional super-app.
January 16, 2019
Fintech
Singtel, AIS launch cross-border mobile payments alliance
BANGKOK (Oct 2): Singapore Telecommunications (Singtel) today launched its own mobile payment alliance, VIA, as it tries to grow its clout in the highly competitive e-payment industry.
October 02, 2018
Fintech
Alipay and STB conclude first 'cashless trip' for Chinese visitors to Singapore
SINGAPORE (Sept 13): Alipay, the mobile payment and lifestyle platform operated by China’s Ant Financial Services Group, has concluded its first “cashless trip” made by Chinese visitors to Singapore.
September 13, 2018
In print this week
Is Ant an overvalued giant?
SINGAPORE (May 28): Alibaba Group Holding’s Ant Financial Services Group is set to become the world’s most valuable fintech company. An upcoming fundraising of US$10 billion ($13.45 billion) — which, according to reports, has been oversubscribed —
May 25, 2018
Amazon’s primed to rule Singapore: Bloomberg Gadfly
SINGAPORE (Dec 7): Southeast Asia is shaping up to be a fascinating retail battleground, with two distinct approaches vying for dominance.
December 07, 2017
Commentary
Singapore's Brexit fallout bid shows true fighting spirit: Bloomberg Gadfly
(Nov 1): Singapore doesn't like to leave things to chance, so when there's a play to be made for a slice of London's financial business, you can expect the city-state to pull out all stops.
November 01, 2017
Alipay launches mobile payment gateway at Changi Airport
SINGAPORE (Sept 7): Alipay and Changi Airport Group (CAG) today announced a five-year partnership to roll out the Alipay mobile payment option in Changi Airport on a wide scale.
September 07, 2017