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 ...)
Two ex-UOB Kay Hian employees banned for giving false information to MAS
Two former senior employees of brokerage firm UOB Kay Hian were banned by Singapore's central bank after they were convicted earlier this year in the State Courts for offences involving dishonesty.. ( read original story ...)
Singapore Savings Bonds SSB October 2021 – Long Yield Continue to go Down
Here is a safe way to save your money that you have no idea when you will need to use it, or your emergency fund. The 10-yr and 1-yr Singapore Savings Bonds Rate since the first ... ( read original story ...)
Binance targeting IPO for US crypto exchange in three years, says CEO Zhao Changpeng
Global cryptocurrency exchange Binance is mulling an initial public offering (IPO) for its US business in the next three years, said its CEO Zhao Changpeng. “Binance.US is just going to do what ... ( read original story ...)
Singapore Exchange to issue easier rules for SPAC listings -sources
IPO fundraisings on SGX from January to late August fell to a six-year low of $239 million in Southeast Asia’s total tally of about $8.4 billion, placing Singapore behind Malaysia, Philippines, ... ( read original story ...)
Temasek-backed Oxford Nanopore, a Covid-19 test provider, to launch $4.59 billion London IPO: Sources
The deal will strengthen Britain's efforts to lure life science businesses to its main stock market.. Read more at straitstimes.com. ( read original story ...)
FOMO Pay Receives Regulatory Approval from Monetary Authority of Singapore
FOMO Pay, Fintech based in Singapore, has been approved by the Monetary Authority of Singapore (MAS) to operate three new regulated activities — Merchant Acquisition Service, Domestic Money Transfer ... ( read original story ...)
Hill Dickinson hires new trade and commodities specialist in Singapore
Law firm Hill Dickinson has appointed Devottam Sengupta as a partner in its marine and trade group, based in Singapore. Sengupta specialises in trade, receivables and commodities finance and has ... ( read original story ...)
STARTUP DIGEST: IPO-bound Paytm to create firm for payments business; Xiaomi completes business registration of EV unit
There were several important developments in the startup space on Wednesday. Here’s a wrap of the top startup headlines. IPO-bound payments company Paytm is looking to turn its payment aggregator ... ( read original story ...)
Olam secures US$5.2bn financing package to support operational overhaul
Singapore-headquartered agribusiness and commodities giant Olam International has secured US$5.2bn in financing across three loan facilities, as it presses ahead with a major operational overhaul. ( read original story ...)
Global Investment Bank and Capital Trust announce USD 68 Million Investment Fund in Artificial Intelligence
Global Investment Bank and Capital Trust announced the establishment of the GIB Ventures AI Fund, which will invest up to USD 68 million in startups transforming artificial intelligence. ( read original story ...)