The enhanced scheme, which builds on the FSTI scheme introduced in June 2015, also aims to strengthen support for large-scale innovation projects and build a stronger pipeline of Singaporean talents in FinTech.
Quoteworthy: "There is a reason it [the coronavirus] has hit America worse than any other advanced nation. It is because of Trump’s failure to take it seriously from the start." –— Kamala Harris, running mate of US Democratic presidential candidate Joe Biden
MAS commits $250 mil to drive tech and innovation
The Monetary Authority of Singapore (MAS) says it will commit $250 million over the next three years to accelerate technology and innovation-driven growth in the financial sector under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0).
