Singapore’s stock exchange is proposing a stricter rulebook for listing blank-check companies than the U.S., as it prepares to compete in one of the hottest capital market trends in the past year. ( read original story ...)
Singapore bourse proposes allowing SPAC listings but with restrictions
Singapore Exchange Ltd is proposing introducing regulations this year to allow the listing of Special Purpose Acquisition Companies (SPACs) or blank check firms that have taken U.S. markets by storm. ( read original story ...)
Collins Aerospace uses Singapore to test workshop technologies
At Collins Aerospace's Singapore service centre in Changi on the eastern part of the island, a robot is helping to dramatically reduce parts inspection time, while boosting accuracy. ( read original story ...)
How does Singapore plan to rewrite the rule book for SPACs in Asia?
These requirements could potentially restrict Singapore-listed blank-cheque companies’ pursuit of unprofitable technology start-ups. Singapore will consult market participants starting today and ... ( read original story ...)
ByteDance’s India bank accounts blocked for alleged tax evasion
The government has reportedly blocked the bank accounts of Chinese tech unicorn ByteDance, which owns TikTok and Helo apps, for alleged tax evasion. ByteDance has approached the Bombay High Court to ... ( read original story ...)
34 new COVID cases in Singapore, including one in community
The Ministry of Health (MOH) confirmed 34 new COVID-19 cases in Singapore on Wednesday (31 March), taking the country's total case count to 60,381. ( read original story ...)
1 community case among 34 new COVID-19 infections in Singapore
SINGAPORE: One community case was among the 34 new COVID-19 infections reported in Singapore as of noon on Wednesday (Mar 31). The remaining ... ( read original story ...)
Analysis – Quiet Singapore turns up volume on Myanmar as regional fears grow
SINGAPORE (Reuters) - Rarely does Singapore use strident language or take on a visibly active role in foreign policy as it has over the increasing bloodshed in Myanmar. Worries over regional ... ( read original story ...)
NTU Singapore scientists design ‘smart’ device to harvest daylight
Device can be used to illuminate dark, underground spaces in daytime A team of Nanyang Technological University, Singapore (NTU Singapore) ... ( read original story ...)
Facebook Singapore to offer free digital marketing training for students, professionals and SMEs
They will be trained in areas such as marketing and content creation on social media.. Read more at straitstimes.com. ( read original story ...)
Asia’s worst stock market last year is now one of the region’s top performers
Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia after losing 11.8%. Still, ... ( read original story ...)
Singapore start-ups draw $4B of 2020 funding
Start-ups in Singapore raked in S$5.5 billion (US$4.08 billion) of funding in 2020 despite the challenges of Covid-19. This figure, shared by Second Minister for Trade and Industry Tan See Leng on ... ( read original story ...)
Singapore bank lending rises for 4th straight month: MAS data
Bank lending in Singapore rose for the fourth straight month in February on continued growth in housing and construction loans, data from the Monetary Authority of Singapore (MAS) showed on Wednesday ... ( read original story ...)
COVID-19: Singapore to provide more than S$26 million to IMF initiatives for vulnerable countries
SINGAPORE: Singapore will join international efforts to support initiatives of the International Monetary Fund (IMF) aimed at helping vulnerable ... ( read original story ...)
India blocks bank accounts of TikTok’s parent company ByteDance: Report
The report cites sources claiming that India had in mid-March ordered two bank accounts of the Chinese firm in Citibank and HSBC to be blocked ... ByteDance unit in India and its parent entity in ... ( read original story ...)
Indian rupee to hit one-year low vs US dollar: Standard Chartered
The currency will drop toward 76.5 to a dollar -- about 4% weaker than current levels -- by the end of the year, said Standard Chartered ... ( read original story ...)