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MAS to allow banks here to also invest in foreign e-commerce platforms

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Singapore banks will be allowed to buy stakes in e-commerce platforms outside of Singapore as well, the Monetary Authority of Singapore (MAS) told The Business Times on Thursday, as MAS this week announced that banks here would soon be able to invest in digital consumer platforms such as Carousell and Qoo10.

SINGAPORE banks will be allowed to buy stakes in e-commerce platforms outside of Singapore as well, the Monetary Authority of Singapore (MAS) told The Business Times on Thursday, as MAS this week announced that banks here would soon be able to invest in digital consumer platforms such as

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