This is necessitating bidders to team up to combine banking know-how, consumer facing technology expertise and deep pockets. Many firms are locked in last-minute negotiations to meet the year-end deadline for bidding, said the sources who were not authorized to speak to the media. Retail banks can accept deposits from and offer services to both retail and non-retail customers but must be led by a Singapore-based company. Wholesale banks will mostly serve small and medium enterprises SMEs. Grab, Singtel and Standard Chartered confirmed their interest in a license but declined to specify details. N affiliate Ant Financial and Singapore gaming company Razer HK are among others considering seeking licenses. Sources said Chinese insurer Ping An

Daily Briefing: Singapore beats speed-dating record; 5.9m population urged

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Singapore’s Social Development Unit (SDU) and programs like it have The SDU’s most recent innovation, however, is “speed dating,” a.

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Grab, Singtel make it to digibank altar after hectic speed-dating

Through an app, she has been matchmade to three prospective partners and is set to spend 20 minutes with each of them. While she is on her first date, the app keeps her posted on the upcoming one. At the minute mark, a bell rings. And then she moves on to the next suitor. The “dates” were part of the National Volunteer and Philanthropy Centre NVPC ‘s adaptation of technology-based speed dating, to help charities woo companies with workers keen to donate or volunteer.

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Do you know more about this story? Contact us anonymously through this link. To get a media kit and information on advertising or sponsoring click here. Daily Briefing: Singapore beats speed-dating record; 5. And a zodiac forecast for those born in the year of the pig. Find out which country Singapore beat here. Workers’ Party insists that Singapore should prepare for 5. Read about their proposal here. Will it be a good year for those born under the Pig’s sign? Watch the video here.

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Companies go ‘speed dating’ in race for Singapore digital bank licenses: sources

This article originally appeared on Vulcan Post. And this article is pretty much my reflection on how a small step or rather a few mouse clicks can change your life. Anyway, I digress: if you have about 5 minutes to spare, look through what I have to say and judge for yourself! All I have to say is: speed dating changed my life. So it was one of those days: I was staring blankly at my desktop at work, crunching numbers, preparing for my next business presentation.

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Going on a blind date in Singapore. blind Perhaps this was how dating was like pre-Internet – thrilling, yet uncertain, and having to trust your.

July 16, Except for one thing: The same organization also happens to be the world’s only government-run dating service. Singapore’s Social Development Unit SDU and programs like it have helped earn this tiny nation a reputation as the ultimate nanny state. Whether the evils of a local slang “Singlish” or the need to flush toilets after use, no social issue is too big or too small for government intervention.

According to the government, alarm over a low birthrate prompted the creation of the SDU in But to many Singaporeans, the SDU’s focus on “educated” singles is nothing short of social engineering: an effort to preserve the current racial balance between the city’s Chinese majority and the Malays, who tend to be less educated. The SDU provides subsidized mixers, trips, and computer matchmaking services to college-educated Singaporeans.

It also runs seminars and campaigns on “marriage awareness. With 25, current members, the SDU has had its share of success. About 3, members of the program married last year, Since its inception, the SDU says 50, Singaporeans have been married through its offices.

Singapore speed dating

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He has an unusual matchmaker helping him: the Singapore government, which is trying a novel tactic. It’s American-style Speed Dating, sponsored by the government’s official matchmaking agency, the Social Development unit. The SDU assembles a group of men and women and pairs them off at tables. They chat for seven minutes until a bell rings, and then rotate on to a new mystery date. At the end of the session, participants write down who they’d like to meet again.

If there are matches, they’ll get a date. Tan, who has attended seven sessions in the past eight months. This tiny, Type A city-state, worried by a steep decline in population growth, is trying to get its best and brightest to mate and breed with a new generation of government-sponsored dating games, some of which it has copied from American singles groups. Prizes for right answers include bath gels and restaurant vouchers.

Then there are Library Dates, in which eight men and eight women are paired off and given 45 minutes to look through bookshelves, choosing books that reflect their interests. Then they write down their impressions of each other based on the books they have chosen. Over drinks and cake, everyone gathers at a roundtable discussion to present the partner to the rest of the group.

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Singapore sets world speed dating record