KPMG

SINGAPORE (July 24): KrisPay, a collaborative effort between KPMG Digital Village, Singapore Airlines (SIA) and Microsoft, has launched today as the world’s first blockchain-based airline loyalty digital wallet.

(July 3): Former Malaysian leader Najib Razak was arrested in connection with an investigation into scandal-hit state fund 1MDB and was expected to be charged on Wednesday in Kuala Lumpur, according to the task force investigating the case.

(June 26): 1MDB’s auditor KPMG told the company not to rely on its reports over three years as they don’t show “true and fair” assessment of the troubled state fund’s finances.

SINGAPORE (Apr 11): Venture capital (VC) investment in 2018 had a rousing start, with US$49.3 billion ($64.5 billion) raised across 2,661 deals in 1Q, just shy of the global record for a single quarter, according to KPMG’s quarterly report on global VC

SINGAPORE (Feb 13): Singapore achieved a record high of US$299.1 million ($396.3 million) of fintech funding in 2017, according to the KPMG Pulse of Fintech report.

SINGAPORE (Jan 18): Singapore closed 2017 with US$1.2 billion ($1.6 billion) worth of venture capital (VC) investments across 112 deals, with exit value of investments reaching US$1.6 billion across eight exits and a total of US$732.9 million raised from

SINGAPORE (Dec 21): In Singapore, about 84% of the largest companies are reporting on corporate responsibility (CR), faring better than the global average of 72%, according to the KPMG Corporate Responsibility Reporting survey.

SINGAPORE (Aug 1): Total global fintech investment more than doubled 2Q17 to US$8.4 billion ($11.4 billion) from US$3.6 billion in 1Q17, according to KPMG’s Pulse of Fintech report.

SINGAPORE (July 25): For the first time in the fund industry, investors have successfully purchased the shares of real funds with real cash, through a blockchain-powered platform for fund managers, called FundsDLT.