Singapore is about to get its first blank-check company listing, as Vertex Technology Acquisition Corporation Ltd. is seeking to raise at least S$170 million ($125 million) through the sale of units. ( read original story ...)
HSBC Asset Management adds senior ETF sales executive for Asia
HSBC Asset Management hired SSGA veteran Cheong Mun Fai as a senior ETF, index sales executive for the Asian region. ( read original story ...)
HSBC Asset Management Appoints Senior Vice President, ETF & Indexing Business Development
HSBC Asset Management (HSBC AM) has announced that it has appointed Cheong Mun Fai as Senior Vice President, ETF & Indexing Business Development, effective 1 December, 2021. Based in Singapore, Mun ... ( read original story ...)
LNG Alliance to help develop Karnataka’s first LNG import terminal
The Singapore-based liquefied natural gas (LNG) terminal developer LNG Alliance will join forces with the Government of Karnataka, a state in southwest India, and New Mangalore Port Trust (NMPT) to ... ( read original story ...)
813 new Covid-19 cases in Singapore; 365 Omicron infections confirmed
Singapore has recorded 283,214 Covid-19 cases since the start of the pandemic. SINGAPORE — Singapore reported 813 new Covid-19 cases as of noon on Thursday (Jan 6), including 390 imported infections. ( read original story ...)
Singapore COVID infection rate rises to 1.5, 3rd day running at above 1
The Ministry of Health on 6 January confirmed 813 new COVID-19 cases in Singapore, bringing the country's total case count to 283,214. ( read original story ...)
OCBC Bank Customers Lost $8.5 Million in Fake SMS Phishing Scams; Police Downplays Hopes of Recovering Stolen Funds
Fraudsters stole at least S$8.5 million from OCBC Bank customers through fake SMS impersonating the bank. OCBC warned of increased phishing scams in December 2021. ( read original story ...)
Revolut Singapore Now Approved by Monetary Authority of Singapore to Offer Gold, Silver Exposure to Clients
Revolut has acquired approval from the Monetary Authority of Singapore to provide clients with gold and silver exposure via the firm's Fintech app. ( read original story ...)
Singapore: Two news farms on their way, one fully powered by solar
We’re building two farms in Singapore at the moment. The first farm is 7-layered and comprises 1000m2, providing 210 tons of Asian greens annually,” says Edwin Ong, Founder and CEO ... ( read original story ...)
Singapore: PMI performance remains solid – UOB
Economist at UOB Group Barnabas Gan reviews the latest PMI data in Singapore. Key Takeaways “Singapore’s manufacturing Purchasing Managers’ Index (PMI) reported by SIPMM ros ... ( read original story ...)
Sons of Singapore Business Magnates Partner to Create NFT-Based Community App
Sons of two of Singapore’s wealthiest families have partnered to launch a community application with NFT as a proof of membership. Billionaire Peter Lim’s son Kiat Lim and Elroy Cheo—a scion of the ... ( read original story ...)
Singapore unemployment rates continue to decline in November, labour market ‘recovering steadily’, says Tan See Leng
SINGAPORE: Unemployment rates in Singapore continued to decline in November 2021, Ministry of Manpower (MOM) statistics showed on Thursday (Dec 6). According to the data, resident unemployment fell to ... ( read original story ...)
Wirex Integrates World’s Largest Non-USD Fiat-Backed Stablecoin, XSGD on Platform
Wirex Integrates World's Largest Non-USD Fiat-Backed Stablecoin, XSGD on Platform. LONDON, Jan. 6, 2022 /PRNewswire/ -- Wirex, a leading digital payments platform, has added six n ... ( read original story ...)
Temasek-backed Vertex Technology is first Spac seeking S’pore IPO
Company reportedly looking to raise $170 million from sale of 34 million units at $5 each. . Read more at straitstimes.com. ( read original story ...)
Anti-vaxx agitator denies being a brainless shill trying to hold Singapore hostage to her weak grasp of reality
Singapore’s self-appointed anti-vaccine crusader is back to once again deny that she orchestrated an assault on public health services, this time involving children. ( read original story ...)
Nearly 470 people lose at least $8.5m in phishing scams involving OCBC Bank
SINGAPORE - Since the start of December, at least 469 people have fallen prey to phishing scams involving OCBC Bank, with reported losses totalling at least $8.5 million. Most of the amount was lost ... ( read original story ...)