Daily Briefing: Singapore leads fintech race against Hong Kong; Toa Payoh to see two public housing projects

And check out these two guys who quit their banking jobs for hawker food.

From CNBC via Yahoo!: Many cities lay claim to being important financial centers, but two metropolises are usually seen vying for the title of Asia's most important financial hub: It's Hong Kong versus Singapore. Chris Wei, the Asia Chairman for Aviva told CNBC that Singapore is leading Hong Kong when it comes to innovation in fintech, and he cited the Singapore government's support for innovation as a reason.

From PropertyGuru: The first satellite town built by the Housing and Development Board (HDB), Toa Payoh will get two new public housing projects as part of plans to rejuvenate the area under the Remaking Our Heartland (ROH) programme. The housing project in Caldecott will be well-connected to the Toa Payoh West Market and Food Centre, the MacRitchie Reservoir as well as the Caldecott MRT station. The Toa Payoh East housing project, on the other hand, will have convenient access to the Polyclinic, Toa Payoh South Community Centre, existing Neighbourhood Centres (NCs) and parks.

From Vulcan Post via Yahoo!: Rishabh Singhvi and Varun Saraf moved to Singapore from India in 2008. The 27-year-olds were fellow coursemates and roommates in Singapore Management University (SMU) back then, both pursuing a degree in Information Systems in Finance. Upon graduation in 2012, they landed corporate banking jobs in the busy Central Business District (CBD). Lunchtime at the CBD was often a rather exasperating experience – they faced snaking long queues, and they found it hard to find feasible delivery options on a daily basis. That’s when they decided to make it their goal to help those who face the same problem to find affordable yet tasty options for their daily meals.