Jack Ma’s Ant Group seeks $277 billion value in landmark dual IPO
HONG KONG – Billionaire Jack Ma’s Ant Group is seeking a valuation north of US$200 billion (S$277 billion) as it goes public in Hong Kong and Shanghai, people…
Browsing Tag
MAS
MAS says 14 of 21 digital bank applicants eligible for next stage of…
SINGAPORE – Fourteen of the 21 digital bank applications met the eligibility criteria required and will progress to the next stage of assessment, the Monetary…
Jack Ma’s booming loan business threatens Visa, AmEx in China
HONG KONG: As Visa Inc, Mastercard Inc and American Express Co prepare to enter China for the first time, one of their biggest competitive threats will come…
MAS to issue up to five new digital bank licences
SINGAPORE: The Monetary Authority of Singapore (MAS) will issue up to five new digital bank licences, which will be extended to non-bank players, it was…
Singapore’s MAS trials blockchain for cross-border payments
BLOCKCHAINS seem to be moving out of the hype cycle and making major headway in commercial entities. Like many think tanks predicted, the financial services…
Singapore’s MAS issues new consultation paper on technology risk
The Monetary Authority of Singapore (MAS), however, is going one step further to put in place a new framework to monitor and manage their technological risk.…
Binar Academy comes to Sinar Mas Land’s BSD City
YOGYAKARTA-based learning academy for tech engineers, Binar Academy opened a branch at Sinar Mas Land’s The Breeze at BSD City recently.Have trained 400…
Singapore’s Wallex gets remittance license from MAS, launches in Indonesia…
Digital Asia News UpdateWallex has already obtained the Money Transfer License from Bank Indonesia
Singapore-based FX and cross-border payments startup …
Indonesian conglomerate Sinar Mas prepares new investment firm Latitude…
Digital Asia News UpdateOne of Indonesia’s leading conglomerate group Sinar Mas is preparing a new investment vehicle in the form of Latitude Venture…
Here is Jack Ma’s heartfelt letter on his retirement from Alibaba in full |…
Digital Asia News UpdateOn Saturday, Jack Ma, the charismatic leader of Chinese tech giant Alibaba, rattled the tech industry by announcing his…