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Beginner's Guide to International Transactions
Are you new to international transactions? Don't worry, we've got you covered! One essential element you need to know is the SWIFT code...
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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.
A look into SMEs vulnerability to post-pandemic restructuring
The global pandemic has dealt a huge blow to many small businesses. Although SMEs have received government fundings, not every small business could thrive. Small businesses are crucial to a country’s economy and they must find ways to survive not only for their sake but for their country as well.
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.
Going Global: Five lessons to ensure a smooth transaction online
As exchanging money over the internet has become an everyday occurrence, there are still some downsides to cyberspace that we need to be aware of when it comes to transferring a large sum of money abroad online...
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...
What is money laundering?
Money laundering is a grave offence in Singapore, but what is money laundering and how do we combat it? Read more to find out...