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Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
With the result of the merger, PayNet is now the holding company for the PayNet Group which comprises two main subsidiaries, namely Malaysian Electronic Payment System Sdn Bhd (MEPS) and MEPS Currency Management Sdn Bhd (MCM). The PayNet Group is Malaysia's premier payments network and central infrastructure for financial markets.
There are two other electrical grids in Sabah and Sarawak operated by Sabah Electricity Sdn Bhd (SESB) and Sarawak Energy Berhad (SEB). The system spans the whole of Peninsular Malaysia, transporting electricity in bulk from power generators owned by TNB and Independent Power Producers (IPPs) to distributors.
The Touch 'n Go eWallet app also provides features such as utility bills payment from telecommunications companies like Unifi, Maxis, and Digi; loan repayments for courts, MBSJ payments and PTPTN; car parking payment; [34] P2P transfer; [35] mobile prepaid top-up; airline ticket bookings; [36] and movie tickets from TGV Cinemas. [37]
Payments Network Malaysia Sdn Bhd (PayNet) is the national payments network and shared central infrastructure for Malaysia’s financial markets. It was formed from the merger between the Malaysian Electronic Payment System (MEPS) and Malaysian Electronic Clearing Corporation Sdn Bhd (MyClear) on 1 August 2017. [1]
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
Logo of Kopitiam. Kopitiam Investment Pte Ltd, more commonly known as Kopitiam, is a Singaporean food court chain focused on local cuisine. [1] Under the FairPrice group along with NTUC FairPrice, NTUC Foodfare and Link, the group serves more than 2 million customers with over 100 million meals annually through its 100+ outlets located islandwide.
Tenaga Nasional Berhad (lit. ' National Energy Limited ', abbreviated as TNB; TENA, MYX: 5347), also known as Tenaga Nasional or simply Tenaga, is the Malaysian multinational electricity company and is the only electric utility company in Peninsular Malaysia and also the largest publicly listed power company in Southeast Asia with MYR 204.74 billion worth of assets.