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Category: FINANCE

Posted on 23/12/2021

World Bank and Singapore Space & Technology launch Digital Earth Partnership Technology Challenge on Urban Heat

Singapore Space & Technology Limited (SSTL) announces the second year of its partnership with the World Bank Group, to organize a Digital Earth Partnership Technology Challenge focused on the ... ( read original story ...)

Posted on 23/12/2021

Indian student in Singapore, allegedly part of money laundering ring, sentenced to six months in jail

An Indian student in Singapore was on December 23 sentenced to six months in prison after he pleaded guilty to a charge each of conspiring to carry on the business of an unlicensed payment service and ... ( read original story ...)

Posted on 23/12/2021

Money mule from India-based money-laundering syndicate with Canadian victims jailed in Singapore

SINGAPORE: A man who came to Singapore from India to pursue a diploma was roped into a money-making scheme by a flatmate that turned out to be a money-laundering chain by a cross-border syndicate ... ( read original story ...)

Posted on 23/12/2021

Monetary Authority of Singapore fails to approve 100 licenses

Monetary Authority of Singapore, which noted that 103 companies dealing in digital assets in Singapore have failed to obtain their licenses. ( read original story ...)

Posted on 23/12/2021

LG Energy, LIC lead big IPOs to watch in Asia next year

The queue of jumbo listings in Asia next year includes the world’s second-largest battery maker in Seoul and an insurer with more than 1.2 million age ... ( read original story ...)

Posted on 23/12/2021

Binance’s regulatory setback in Singapore spurs shift in focus to Indonesia, Middle East

The world’s largest cryptocurrency exchange will wind down operations in the city-state. As some Asian governments try to balance regulation and investment, Dubai is ramping up plans to be a hub for ... ( read original story ...)

Posted on 23/12/2021

Man charged after he allegedly transferred almost $900 to finance terrorist group

Bangladeshi construction worker faces 15 charges under Terrorism (Suppression of Financing) Act. . Read more at straitstimes.com. ( read original story ...)

Posted on 23/12/2021

State-Run Insurer LIC Leads Big IPOs To Watch In Asia Next Year

The queue of jumbo listings in Asia next year includes the worlds second-largest battery maker in Seoul and an insurer with more than 1.2 million agents and 100,000 employees in Mumbai. ( read original story ...)

Posted on 23/12/2021

Wirecard funds supposedly held in trust by Citadelle with OCBC confirmed to be just a fraction of initial claims

AS WIRECARD'S insolvency administrator seeks to unravel the mischief done at the payments group, details about the extent of the fraud are ... ( read original story ...)

Posted on 23/12/2021

Global logistics real estate specialist GLP eyes US IPO

Sources within GLP told The Washington Post that the public company will manage about $100 billion in U.S. logistics real estate assets. ( read original story ...)

Posted on 23/12/2021

OCBC’s new industry program preps S’porean students for fintech jobs

As Singapore’s tech talent shortage amid growth in fintech jobs grows, banks and IHEs are working to address the imbalance. ( read original story ...)

Posted on 23/12/2021

Singapore’s UOB Asset Management, Singtel launch robo-advisory service

Singapore’s UOB Asset Management and Singapore Telecommunications (Singtel), the city state’s largest telecommunications company, have teamed up to launch a robo-advisory service exclusively on Dash, ... ( read original story ...)

Posted on 22/12/2021

A Look Into The Shareholding Pattern Of IPO-Bound Snapdeal

Ecommerce major Snapdeal has joined the list of startups waiting to go public in 2022. It has filed its draft red herring prospectus (DRHP) for a fresh issue of shares worth INR 1,250 Cr and an offer ... ( read original story ...)

Posted on 22/12/2021

From Trading Desk to Noodle Stall: A Singapore Success Story

When his dad was diagnosed with cancer, equities broker Watson Lim took over the family business—and hasn’t looked back. ( read original story ...)

Posted on 22/12/2021

Man charged after allegedly setting up company and bank accounts for unlicensed moneylender

A 54-year-old man who allegedly set up a company and two corporate bank accounts for an unlicensed moneylender in exchange for having his debts written off was charged on Wednesday (Dec 22). ( read original story ...)

Posted on 22/12/2021

In a record year for IPOs, who did well, and who didn’t

H aving undergone a bit of a lean year in 2020 for IPOs, hopes were high that 2021 would be a better one for the London IPO market. This year we’ve seen more new issues come out of the blocks with ... ( read original story ...)

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