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Month: September 2021

Posted on 02/09/2021

Wirecard-linked British businessman charged in Singapore over fake letter

A British businessman who advised Wirecard in Asia has been arrested and charged in Singapore for allegedly instructing another company linked to the collapsed German payments group to forge a letter. ( read original story ...)

Posted on 02/09/2021

Australia, Malaysia, Singapore and South Africa will trial cross-border central bank digital payments

Australia, Malaysia, Singapore and South Africa have decided to jointly test multiple CBDC's that facilitate cross-border transactions. ( read original story ...)

Posted on 02/09/2021

London Stock Exchange Group Introduces Sustainable Finance Innovation Unit in Singapore

The London Stock Exchange Group (LSEG) has introduced a dedicated sustainable finance innovation division in Singapore as a key part of its new LSEG Labs network. As noted by the LSEG, the division ... ( read original story ...)

Posted on 02/09/2021

Singapore to let blank cheque companies raise funds starting on September 3, beating Hong Kong to the punch with SPACs

The so-called blank-cheque companies have proven to be popular with Asian sponsors and target companies, prompting a race between Hong Kong and Singapore to see who would be the first to offer ... ( read original story ...)

Posted on 02/09/2021

Singapore Rolls Out SPAC Rules as Global Scrutiny Rises

Singapore Exchange Ltd. has introduced a framework for blank-check companies to list in the city-state, the first Asian financial hub to host the vehicles whose popularity in global financial markets ... ( read original story ...)

Posted on 02/09/2021

Singapore Exchange cuts required SPAC market cap by 50% to $112m

The Singapore Exchange is cutting by half the minimum market capitalization required of special purpose acquisition companies, or SPACs, to list on the bourse, responding to concerns that the previous ... ( read original story ...)

Posted on 02/09/2021

UPDATE 1-Singapore Exchange targets SPAC hopefuls with relaxed rules

Singapore Exchange unveiled new rules allowing special purpose acquisition companies (SPACs) to list in the city-state, after easing some measures viewed as too strict by participants, as it seeks to ... ( read original story ...)

Posted on 02/09/2021

Singapore Exchange Launches SPAC Rules After Easing Some Proposals

Singapore Exchange unveiled new rules on Thursday to allow special purpose acquisition companies (SPACs) to list in the city-state, after rolling back some measures that were viewed as too strict by ... ( read original story ...)

Posted on 02/09/2021

Briton charged in Singapore in Wirecard-linked fraud

Citadelle, a Singapore business administration firm ... has been described as "unparalleled" in Germany by Finance Minister Olaf Scholz. The company's former chief executive Markus Braun and several ... ( read original story ...)

Posted on 02/09/2021

Commentary: Techies essential for Singapore to stay relevant as regional business hub

This could adversely impact Singapore’s status as a regional business hub. Prime Minister Lee Hsien Loong made a passing reference to this in his National Day Rally Speech on Sunday (Aug 29) when he ... ( read original story ...)

Posted on 02/09/2021

191 new COVID cases in Singapore, including 113 unlinked

The Ministry of Health (MOH) on Thursday (2 September) confirmed 191 new COVID-19 cases in Singapore, taking the country's total case count to 67,991. ( read original story ...)

Posted on 02/09/2021

Singapore Exchange targets SPAC hopefuls with relaxed rules

By Anshuman Daga SINGAPORE (Reuters) -Singapore Exchange unveiled new rules allowing special purpose acquisition companies (SPACs) to list in the city-state, after easing some measures viewed as too ... ( read original story ...)

Posted on 02/09/2021

Liberal arts for Singapore? For what? Just celebrate being lazy to think lah!

By Tang Li BeautifullyIncoherent I know I shouldn’t indulge in stereotypes, but I was considered an oddball when I was growing up as an Asian kid in the Wes ... ( read original story ...)

Posted on 02/09/2021

Singapore Rolls Out SPAC Listing Rules as Global Scrutiny Rises

Singapore Exchange Ltd. has introduced a framework for blank-check companies to list in the city state, the latest bourse to host the vehicles whose popularity in global financial markets has surged ... ( read original story ...)

Posted on 02/09/2021

Singapore, Australia amongst four central banks to test cross-border digital payments platform

Central banks of Singapore, Australia, Malaysia, and South Africa will develop and test a shared platform to process cross-border digital currency transactions, bypassing the need for intermediaries ... ( read original story ...)

Posted on 02/09/2021

Two ex-UOB Kay Hian employees banned for giving false information to MAS

Two former senior employees of brokerage firm UOB Kay Hian were banned by Singapore's central bank after they were convicted earlier this year in the State Courts for offences involving dishonesty.. ( read original story ...)

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