MACAU DAILY TIMES 澳門每日時報

Top Menu

  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia

Main Menu

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
logo
FOUNDER & PUBLISHER Kowie Geldenhuys
EDITOR-IN-CHIEF Paulo Coutinho
Macau,

MACAU DAILY TIMES 澳門每日時報

  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Macau faces slower growth as gaming revenue and spending weaken

  • Gov’t plans to divest CTM stake to avoid market conflict

  • Three chefs. One horizon. Six Michelin stars

  • Red Market former post office quarters to be rebuilt at owners’ expense from 2027

  • ExCo backs bill proposing tougher oversight and new dissolution powers for associations

  • Lawmaker urges insurance reform as compensation delays disrupt treatment

World
Home›World›The Buzz | Singapore to test digital currency in latest fintech initiative

The Buzz | Singapore to test digital currency in latest fintech initiative

By -
Thursday, November 17, 2016
165
0

The  Monetary Authority of Singapore is poised to become the latest central bank to test its own digital currency, which it will use in a trial of a blockchain-driven system for interbank payments.

The “proof-of-concept” project, which also involves the city’s stock exchange and eight banks, is aimed at simplifying the payments process and reducing transaction costs, Managing Director Ravi Menon said in a speech yesterday. It may include cross-border transactions with the participation of another central bank in the future, he said.

“Today, banks have to go through correspondent banks to intermediate these payments. It takes time and adds to cost,” Menon said. “This project marks the first step in MAS’s exploration of ways to harness the potential of central bank-issued digital currency.”

Share this:

  • Share on Facebook (Opens in new window) Facebook
  • Share on X (Opens in new window) X
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Print (Opens in new window) Print

Like this:

Like Loading…

Related

Previous Article

Prince William urges Vietnam to fight wildlife ...

Next Article

World briefs

Related articles More from author

  • World

    Offbeat | ‘Spider-Man’ fights Dubliner in street, goes viral

    Friday, August 1, 2014
    By -
  • World

    Russia | Election chief defends ban on Moscow candidates

    Friday, August 30, 2019
    By -
  • World

    This Day in History | 1985 Beirut ordeal ends for US hostages

    Friday, June 30, 2017
    By -
  • World

    This day in history | 1996 Green groups join bypass battle

    Tuesday, January 18, 2022
    By -
  • World

    USA | What to Watch: Democrats to argue Trump alone incited mob

    Thursday, February 11, 2021
    By -
  • World

    Analysis | France discards the politics of left and right

    Tuesday, April 25, 2017
    By -

Leave a reply Cancel reply

You must be logged in to post a comment.

  • Macau

    Orange alert issued as cold weather expected

  • Sports

    IOC ‘very happy’ with Beijing prep for 2022 Winter Olympics

  • World

    Yemen | New bout of heavy fighting kills dozens

DAILY EDITION

Friday, November 13, 2026 – edition no. 5074
Friday, November 13, 2026 – edition no. 5074

Greater Bay

MDT MACAU GRAND PRIX SPECIAL

November 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« Oct    

Timeline

  • Friday, November 13, 2026

    Macau faces slower growth as gaming revenue and spending weaken

  • Friday, November 13, 2026

    Gov’t plans to divest CTM stake to avoid market conflict

  • Friday, November 13, 2026

    Three chefs. One horizon. Six Michelin stars

  • Friday, November 13, 2026

    Red Market former post office quarters to be rebuilt at owners’ expense from 2027

  • Friday, November 13, 2026

    ExCo backs bill proposing tougher oversight and new dissolution powers for associations

  • Friday, November 13, 2026

    Lawmaker urges insurance reform as compensation delays disrupt treatment

  • Friday, November 13, 2026

    Further analysis with legal application in the case of Au Kam San

  • Friday, November 13, 2026

    Gov’t bets on sports events to drive tourism and community spending

  • Friday, November 13, 2026

    Sai Van free sports ground to reopen today

  • Friday, November 13, 2026

    IAM to expand colorful public waste bin makeover project

Extra Times

Extra TimesHeadlinesTaste of Edesia

Three chefs. One horizon. Six Michelin stars

There are moments when separate culinary philosophies align so precisely that the result transcends mere menu-making. At Chef Tam’s Seasons, Wynn Palace, three two-Michelin-starred titans—each ranked among Asia’s 50 Best ...
  • James Gray delivers a milestone crime drama in ‘Paper Tiger’

    By MDT/AP
    Friday, November 13, 2026
  • The Twelve25 × La Vie exchange

    By -
    Friday, November 13, 2026
  • A fiery milestone: Feng Wei Ju’s 20th anniversary tribute to Starworld Macau

    By Irene Sam, MDT
    Friday, November 6, 2026
  • In ‘I Play Rocky,’ a middleweight crowd-pleaser about the making of a classic

    By MDT/AP
    Friday, November 6, 2026
  • Recent

  • Popular

  • Macau faces slower growth as gaming revenue and spending weaken

    By Lynzy Valles, MDT
    Friday, November 13, 2026
  • Gov’t plans to divest CTM stake to avoid market conflict

    By Lynzy Valles, MDT
    Friday, November 13, 2026
  • Three chefs. One horizon. Six Michelin stars

    By Irene Sam, MDT
    Friday, November 13, 2026
  • Red Market former post office quarters to be rebuilt at owners’ expense from 2027

    By Yuki Lei, MDT
    Friday, November 13, 2026
  • ExCo backs bill proposing tougher oversight and new dissolution powers for associations

    By Nadia Shaw, MDT
    Friday, November 13, 2026
  • Lawmaker urges insurance reform as compensation delays disrupt treatment

    By Nadia Shaw, MDT
    Friday, November 13, 2026
  • Further analysis with legal application in the case of Au Kam San

    By -
    Friday, November 13, 2026
  • Canidrome may have its days numbered, decision in ‘one or two months’

    By Paulo Coutinho, MDT
    Thursday, May 26, 2016
  • Animal Welfare | Macau: Anima slams Canidrome management for avoiding debate

    By -
    Wednesday, May 4, 2016
  • Editorial | Canidoomed

    By Paulo Coutinho, MDT
    Wednesday, June 1, 2016
  • Animal Welfare | Canidrome presented with ultimatum: close or move

    By Daniel Beitler, MDT
    Friday, July 22, 2016
  • Australia regulator cracks down on alleged exportation of dogs to Macau

    By Paulo Coutinho, MDT
    Friday, June 10, 2016
  • Animal rights | Canidrome: Anima in fresh airline negotiations as Canidrome closure looks more likely

    By Daniel Beitler, MDT
    Friday, May 27, 2016
  • USE OF ENGLISH IN MACAU | A ‘de facto’ official language

    By Catarina Pinto
    Monday, July 6, 2015
  • Contact our Administrator
  • Contact our Editor-in-Chief
  • Contacts
  • Our Team
  • Privacy Policy
  • Terms and Conditions
  • Editorial Statute
  • Code of Ethics
COPYRIGHT © MACAU DAILY TIMES 2008-2026. ALL RIGHTS RESERVED
MACAU DAILY TIMES
  • Home
  • Macau
    • Photo Shop
    • Advertorial
  • Interview
  • Greater Bay
  • Business
    • Corporate Bits
  • China
  • Asia
  • World
  • Sports
  • Opinion
    • Editorial
    • Our Desk
    • Business Views
    • China Daily
    • Multipolar World
    • The Conversation
    • World Views
  • Our Team
  • Editorial Statute
    • Code of Ethics
    • Privacy Policy
    • Terms and Conditions
  • Archive
    • PDF Editions
  • Contacts
  • Extra Times
    • Drive In
    • Book It
    • tTunes
    • Features
    • World of Bacchus
    • Taste of Edesia
Loading Comments...

You must be logged in to post a comment.

%d