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The Monetary Authority of Singapore will work with the banks to continue encouraging adoption of the new “money lock” feature, says Minister of State for Trade and Industry Alvin Tan.
Existing DBS and POSB customers who wish to utilise the digiVault feature no longer need to open a designated account.
Science News: Deep brain stimulation (DBS) shows promise in treating depression that resists other treatments. Researchers are studying the effectiveness of tailore
Smaller firms are hesitant to invest in green initiatives as they are unsure if they can get a good return on investment, especially for infrastructure projects like installing solar panels and water recycling systems.
Singapore banks rely heavily on "pay for performance" practices to reward senior management. They must ensure that remuneration policies drive the right behaviour, says NUS corporate governance expert Mak Yuen Teen.