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Choosing the Right Cross-Border Payment Solution
As small business owners and SME managers, cross-border payments have always been a challenge. Traditional payment methods have been the norm for many years, but with the development of fintech, there are now many new ways to transfer money internationally...
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5 Things to consider before entering a global market
Before you expand your business on a global scale, you need to first understand the international market that you are dabbling into. It is vital to research the feasibility of your plan and what tools are required to execute it.
Does national debt affect the currency exchange rate?
National debt erodes the value of a country’s currency. Without a systemic crisis plan set in motion, it will negatively impact investment performance, inflation, job markets and so on. It is crucial that we develop a solid understanding of the relationship between national debt and the currency exchange rate to come up with solutions.
What is your cash flow statement telling you?
A cash flow statement is one of the most useful markers of a business's status. It measures how well a company manages its cash position, which defines its ability to pay debts, fund existing operations and so on.
Budget 2021: TranSwap’s effort in supporting the Singapore government’s initiatives
The trajectory of the pandemic will determine the immediate trajectory of global economic recovery. As a small, open economy, Singapore’s economic recovery is contingent on how the global situation plays out...
US Dollar: How it became the global currency
The US Dollar, also known as the greenback is the world’s most traded currency. Due to its global acceptance, general stability and wide usage, it’s safe to say that the United States has dominated the global market. But how did it happen? How did the US dollar become the global currency and subsequently, the world’s leading superpower?
Should you refinance your mortgage? (Part 1)
With interest rates being at the lowest due to Covid-19, many are left wondering should they refinance their mortgage during these critical times. But what does refinancing your mortgage mean and what benefits you gain from it?