Daily Briefing: Singapore gets autonomous taxis; MAS launches unit to fight money laundering

And Singapore-based app Carousell raises $35 million.

UK-headquartered automotive technology company Delphi has been selected by Singapore's authorities as its "autonomous mobility" partner and will be providing self-driving cars and autonomous tech. As a global business and finance hub, Singapore wants to be a leader in terms of autonomous transport, too, particularly when it comes to services and solutions that address the first mile and last mile of a commuter's journey. Read more https://sg.finance.yahoo.com/news/singapore-getting-autonomous-taxis-091323135.htmlhttps://sg.finance.yahoo.com/news/singapore-getting-autonomous-taxis-091323135.html.

Singapore's central bank on Monday formally launched a unit to fight money laundering, strengthening the financial hub's safeguards against illicit fund flows. Officials of the Monetary Authority of Singapore (MAS) have said plans to create the special unit predated a continuing scandal involving state fund 1MDB in neighbouring Malaysia and banks operating in Singapore. Find out more here.

Singapore-based startup, Carousell, has raised $35 million in a funding round led by Rakuten Ventures, underscoring growing appeal for peer-to-peer marketplaces in Asia. Other investors in the Series B funding round included Sequoia India, Golden Gate Ventures and 500 Startups, according to a statement. The company, which was founded in 2012, allows users to buy and sell a broad variety of items on an online marketplace, ranging from beauty products, fashion, lifestyle gadgets to furniture and home appliances. Read more here.

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