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Month: December 2021

Posted on 10/12/2021

Singapore – MAS Enhances FinTech Regulatory Sandbox.

The Monetary Authority of Singapore (“MAS”) has announced three enhancements to its Fintech Regulatory Sandbox framework to further catalyse financial innovation and Fintech adoption – namely by ... ( read original story ...)

Posted on 10/12/2021

Bitget Claims Media Statement Incorrect, Awaiting Singapore Licence Approval

The derivative exchange Bitget issued a statement saying, “a recent report by the Financial Times claiming the platform was suspended from operation in Singapore for being mired in a row involving ... ( read original story ...)

Posted on 10/12/2021

1st local case in Singapore tests prelim positive for Omicron; 682 new cases and 5 deaths

Both cases are fully vaccinated and have received their booster shots. The local case is asymptomatic while the imported case has mild symptoms, said the MOH. ( read original story ...)

Posted on 10/12/2021

Singapore: Changi Airport staff among two new Omicron cases; 682 new Covid-19 infections and five deaths on Thursday (Dec 9)

Both Omicron cases in Singapore on Thursday (Dec 9, 2021) were individuals who were fully vaccinated and have received their booster shots. - The Straits Times/ANN SINGAPORE, Dec 9 (The Straits ... ( read original story ...)

Posted on 10/12/2021

9 men charged with cheating Citibank in S$206,000 personal loan fraud

SINGAPORE: Nine men were charged in court on Thursday (Dec 9) with conspiring to cheat Citibank into disbursing more than S$206,000 in fraudulent personal loans. Of the nine men, three were contract ... ( read original story ...)

Posted on 10/12/2021

Keppel, UOB and Banyan Tree Group win award for sustainable business practices

SINGAPORE - Keppel Corp, United Overseas Bank (UOB) and Banyan Tree Group are among local companies recognised by a United Nations-linked entity for their sustainable business practices. The eight ... ( read original story ...)

Posted on 10/12/2021

How the UK-Singapore digital trade deal will help businesses, consumers

The UK-Singapore Digital Economy Agreement (UKSDEA) covers key areas of the digital economy, as well as a wide range of emerging and innovative areas.. Read more at straitstimes.com. ( read original story ...)

Posted on 10/12/2021

682 new COVID-19 cases and 5 deaths in Singapore

SINGAPORE: Singapore reported 682 new COVID-19 cases and five fatalities as of noon on Thursday (Dec 9). This takes the death toll from coronavirus complications to 779. ( read original story ...)

Posted on 09/12/2021

RateGain Travel IPO subscribed 17.4 times on robust HNI interest

Wealthy investor portion was subscribed 42 times, while institutional and retail portions were oversold 8x each ... ( read original story ...)

Posted on 09/12/2021

RateGain IPO Subscribed 17 Times With Robust Investor Interest

The non institutional investors (NII) which largely include corporates and high net worth individuals booked the allocated portion 42.04 times. ( read original story ...)

Posted on 09/12/2021

Once-Hot IPOs Stumble as Market Volatility Picks Up

A banner year for tech-related initial public offerings is poised to go out on a sour note as returns dwindle in a surge of stock market volatility that’s prompted a flight to quality among investors. ( read original story ...)

Posted on 09/12/2021

Singapore – World’s First Digital Trade Financing Pilot.

Singapore’s Infocomm Media Development Authority (“IMDA”), the Monetary Authority of Singapore (“MAS”) and the Financial Services Regulatory Authority (“FSRA”) of Abu Dhabi Global Market (“ADGM”), in ... ( read original story ...)

Posted on 09/12/2021

3 ex-contract staff charged with cheating after allegedly duping bank of more than $180k in loans

SINGAPORE - Three men who were working as contract staff at Citibank allegedly conspired with others to cheat the bank into giving loans totalling more than $180,000 in a ruse involving the submission ... ( read original story ...)

Posted on 09/12/2021

UK agrees world’s most comprehensive digital trade deal with Singapore

The UK has today secured an agreement in principle with Singapore on a groundbreaking Digital Economy Agreement. ( read original story ...)

Posted on 09/12/2021

A European first: UK cuts technology trade deal with Singapore

The UK has cut a technology-focussed deal with Singapore which looks to deepen trade ties with the Asian city-state. The Digital Economy Agreement seeks ... ( read original story ...)

Posted on 09/12/2021

UK agrees historic digital trade deal with Singapore

The UK secured an agreement in principle with Singapore for a Digital Economy Agreement (DEA) that will cut costs, slash red tape and pave the way for a new era of trade between both nations and the ... ( read original story ...)

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