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Singapore digital bankcleared to operate in Philippines

MANILA, Philippines — Singapore-based digital bank Tonik Financial Pte. Ltd. has secured a license from the Bangko Sentral ng Pilipinas (BSP) to operate in the Philippines. The license will enable Tonik, through its local unit Tonik Digital Bank Inc., to provide a full range of retail banking services, focused primarily on retail deposits and consumer […]

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Singapore’s Golden Equator expands to Brunei

FINANCE, consultancy and fund management company Golden Equator Group on Monday announced its foray into Brunei, following the S$24.6 million strategic investment it received in April last year. Serial entrepreneur Taizo Son led the investment along with individual investors from Asia-Pacific, including Brunei, and the Middle East. The Singapore-headquartered conglomerate is looking to establish three businesses in Brunei: its multi-family […]

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