The RBI has ordered all companies in India to purge saved credit and debit card data from their systems from Jan. 1, 2022. ( read original story ...)
Binance Among Firms Stymied by Singapore Money-Launder Rules (2)
Binance Asia Services Ltd., which recently withdrew an application to offer cryptocurrency services in Singapore, didn’t meet the central bank’s criteria for safeguarding against money laundering and ... ( read original story ...)
Singapore Govt raises alert level on critical Log4j software bug, holds 2 emergency meetings
Hackers are rushing to exploit the bug in the widely used software that cyber-security experts called one of the worst in years.. Read more at straitstimes.com. ( read original story ...)
S’pore-born Citi veteran to head its global client service
SINGAPORE - In a first for Singapore, global banking giant Citibank has appointed Singapore-born Money K as its global head of global client service (GCS). In his new role, which will be based in ... ( read original story ...)
Indonesia’s GoTo said to appoint underwriters for $1b local IPO
Indonesia’s biggest tech firm GoTo Group has appointed underwriters to manage a $1 billion initial public offering which could take place as early as the first quarter of next year, Bloomberg reported ... ( read original story ...)
Sea to help Indonesian gov’t bank enter digibank space
The bank targeted for the acquisition by the BNI and Sea Group consortium is still unconfirmed, but some reports say that it will be Bank Mayora. ( read original story ...)
Ten arrested in first of a kind joint Singapore and HK swoop on financial scammers
Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide. ( read original story ...)
Singapore’s $744 Billion Fund Eyes Chinese Property Assets
Singapore’s $744 billion sovereign wealth fund sees potential opportunities to do deals and buy debt in China’s battered real estate sector, confident Beijing won’t let things “spiral out of control” ... ( read original story ...)
Binance Among Firms Stymied by Singapore Money-Laundering Rules
Binance Asia Services Ltd., which recently withdrew an application to offer cryptocurrency services in Singapore, didn’t meet the central bank’s criteria for safeguarding against money laundering and ... ( read original story ...)
Singapore crypto startup raises US$75 mil to fund expansion
SINGAPORE: Blockchain data analytics startup Nansen on Thursday raised US$75 million in a Series B funding round led by US venture capital company Accel. Other prominent investors that participated ... ( read original story ...)
Residential market can ‘seek shelter’ with CapitaLand amidst property cooling measures: OCBC
One of the main revisions is the uplift in Additional Buyer's Stamp Duty rates. Singapore's Ministry of National Development (MND) announced a new round of property cooling measures. One of the main ... ( read original story ...)
Singapore property stocks fall amid new cooling measures
The latest round of cooling measures, which saw higher ABSD rates, a tighter TDSR threshold and a lower LTV limit for HDB-granted loans, impacted Singapore property stocks negatively. ( read original story ...)
IPO screener: HP Adhesives issue closes today; subscribed over 8 times
Today is the last day to subscribe to the initial public offering (IPO) of HP Adhesives. The ₹126-crore HP Adhesives IPO, which opened for subscription on Wednesday, was subscribed 8.04 times so far, ... ( read original story ...)
Flipkart IPO may reportedly happen overseas in November next year
Flipkart wants to do the IPO before March 2023, CEO Kalyan Krishnamurthy reportedly said. Scaling the grocery business would be a critical part of the journey ... ( read original story ...)
The Singapore grip
Singapore is good at solving economic problems, but its political stagnation is stopping it from dealing with social problems ... ( read original story ...)
Events and listings: Festive food deals, video game exhibition, STPI workshops
SINGAPORE - Grab festive food deals, check out a video game exhibition at the ArtScience Museum, or sign up for a workshop at STPI.. Read more at straitstimes.com. ( read original story ...)