CBDC (Central Bank Digital Currency) as a field may well see 15 more solutions, as the Global CBDC Challenge by the Monetary Authority of Singapore (MAS) ... ( read original story ...)
Asset-rich, cash-poor scenarios: Singaporeans review DBS’ Home Equity Income Loan
DBS announced its Home Equity Income Loan (EIL), which allows Singaporeans and PRs aged 65-79 with a fully paid private housing asset in Singapore to obtain up to a 30-year loan that tops up their CPF ... ( read original story ...)
Citi Wealth Hub
Located in Singapore's downtown Orchard Road, the re-casting of the typical Wealth Hub as a "banking conservatory" was to challenge the conventions associated with a high net-worth banking experience. ( read original story ...)
Singapore’s OCBC Mounts China Hiring Spree to Tap Growing Wealth
Greater China to capture regional business flow from the world’s second-largest economy. Southeast Asia’s second-largest lender plans to double the number of relationship managers for wealthy Chinese ... ( read original story ...)
Amid A Huge Spike In Revenue, Another COVID-19 Testing Company Is Eying An IPO
Cue Health is heading to Wall Street, SPACs are heading to Singapore and more from the day in deals. ( read original story ...)
Singapore Regulator Puts Binance.com on Investor Alert List
The regulatory woes of Binance are far from over as the Monetary Authority of Singapore (MAS) has become the latest regulator to flag the crypto exchange by placing Binance.com on the investor alert ... ( read original story ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)