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What Have Singapore s Digital Banks Been up To?

It has been six months since The Monetary Authority of Singapore (MAS) announced the four successful applicants for Singapore’s inaugural digital banks. A Grab-Singtel consortium and SeaMoney (an entity wholly owned by Sea Group) snagged digital full bank (DFB) licenses to provide retail and corporate banking services. Meanwhile, Ant Group and a consortium headlined by Greenland Financial Holdings secured digital wholesale bank (DWB) licenses to serve the financial needs of small and medium-sized businesses (SMEs). While the digital banks are only expected to turn operational in 2022, there have been notable developments since the licensing announcement in December last year.

Hong kongSouth koreaSouth koreanCharles wongMorgan stanleySea groupMonetary authority of singaporeGroup researchShanghai dailyBank kesejahteraan ekonomiGreenland financial holdingsSeamoney sea groupGreenland groupInfocomm media authority of singaporeFinancial groupSea group office lobby

Reefton revival - small town sniffs gold fever

Reefton revival - small town sniffs gold fever 13 minutes to read The rock face is a dripping mask of greywacke and argillite, illuminated by the lights of the jumbo , as the rock drilling machine is known in mining jargon. The diamond drills extend toward the tunnel s end, manipulated by twin booms. Once the drilling is complete, explosives finish the job and the tunnel advances at a rate of about 8 metres a day. The drills are silent for the moment but despite the damp, the air is dusty. And the tunnel is filled with the thrum of the ventilation system and the low rumble of a huge front-end loader. Back and forth it travels between the rubble in the tunnel s depths and the surface, a length of some 300m.

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Iceland gives green light to new Olafur Ragnar Grimsson Arctic institute

Iceland’s then-president Olafur Ragnar Grimsson at a press conference during the 2015 Arctic Circle Assembly in Reykjavik. Grimsson was behind the formation of the assembly and its philosophy of the importance of including a range of voices, even from those outside of the circumpolar North, when discussing Arctic affairs. (Halldor Kolbeins/AFP/Reuters) Iceland has given the green light to the new Olafur Ragnar Grimsson Arctic institute and has announced financial support towards the project. “At its last meeting, the government agreed on Prime Minister Katrin Jakobsdottir’s proposal for the establishment of the Olafur Ragnar Grimsson institute on Arctic issues in Reykjavík,” the government said in a news release on Tuesday. “Arctic Circle will receive 10 million ISK from the government’s joint budget to support further preparations for the project.”

United statesSouth koreaKatrin jakobsdottirOssur skarpHalldor kolbeinsArctic quebecOlafur ragnar grimssonOlafur ragnar grimsson arcticUniversity of icelandArctic circle assemblyForeign ministry greenland committeeFinland defence ministryLaval universityCircle assemblyPrime minister katrin jakobsdottirForeign ministry

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Toronto is getting a new hotel attached to a museum

Toronto is getting a new hotel attached to a museum
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Theatre museum of canadaQube hotelGreenland groupWestinghouse canada buildingBlue jays wayKing blue condominiumsதிரையரங்கம் அருங்காட்சியகம் ஆஃப் கனடாகிரீன்லாந்து குழுநீலம் ஜெய்ஸ் வழி