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regulations
In print this week
Airbnb up against regulatory hurdles as sharing economy sees challenges
SINGAPORE (Apr 16): On April 3, two former property agents were fined $60,000 each for short-term rentals they had posted on Airbnb. The two men had collected $19,000 from four listings at the d’Leedon condominium over five weeks last year. The action w
April 16, 2018
Trump to boost exports of lethal drones to more US allies
WASHINGTON (Mar 20): President Donald Trump will soon make it easier to export some types of lethal US-made drones to potentially dozens more allies and partners, according to people familiar with the plan.
March 21, 2018
IPO
3 reasons why US firms are taking longer to go public
SINGAPORE (Jan 9): It was an encouraging 2017 for the S&P 500, booking a full year of monthly total gains for the first time ever. But the elephant in the room still remains about the shrinking pool US companies going public.
January 09, 2018
Careers & Training
Top 10 hiring trends in Singapore for 2018, according to Hays
SINGAPORE (Dec 6): Hays Singapore has published a list of what it foresees to be the top 10 talent trends of 2018, in light of a fast-changing workforce environment and continued economic growth.
December 06, 2017
Singapore Fintech Festival 2017
MAS releases guide to digital token offerings; announces new payments framework
SINGAPORE (Nov 14): The Monetary Authority of Singapore (MAS) has released a guide to digital token offerings or initial coin offerings, where capital is raised via the use of cryptocurrency such as Bitcoin.
November 14, 2017
China Focus
China's 'big bang' moment opens banks, brokers to foreign control
HONG KONG / BEIJING (Nov 10): China took a major step toward the long-awaited opening of its financial system, removing foreign ownership limits on its banks and asset-management companies, and allowing overseas firms to take majority stakes in local secu
November 10, 2017
In print this week
How Singapore’s wealth professionals could fall victim to the march of the machines
SINGAPORE (July 3): It appears that Monetary Authority of Singapore (MAS) intends to embrace the efficiencies that robo-advisers – defined by MAS as digital platforms that provide advice on investment products using automated, algorithm-based tools –
June 30, 2017
Tech
Google slapped with record $3.8 bil EU fine for skewing searches
PARIS (June 28): Google’s record-breaking 2.4 billion-euro ($3.8 billion) European Union fine could end up being just a fraction of the costs from the EU’s demand that it stop skewing search results to favor its own shopping site.
June 28, 2017
MAS to loosen regulatory barriers for banks carrying on permissible non-financial businesses
SINGAPORE (June 28): The Monetary Authority of Singapore (MAS) on Tuesday announced its intention to streamline existing the regulatory requirements for banks seeking to conduct or invest in permissible non-financial businesses.
June 28, 2017
Singapore rolls out the red carpet for robo-advisers
(June 12): Singapore is thinking of making life easy for robot advisers.
June 12, 2017