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Tag: finance

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 02/09/2021

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 ...)

Posted on 01/09/2021

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 ...)

Posted on 01/09/2021

Global Investment Bank and Capital Trust announce fund

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 transformin ... ( read original story ...)

Posted on 01/09/2021

Standard Chartered and Linklogis launch supply chain finance platform

Standard Chartered and Chinese fintech Linklogis will establish a new supply chain finance marketplace in Asia after inking a joint venture agreement. The bank says the platform, to be called Olea, ... ( read original story ...)

Posted on 01/09/2021

Exclusive-Singapore Exchange to issue easier rules for SPAC listings -sources

Singapore Exchange is preparing to roll out easier guidelines for listings of special purpose acquisition companies (SPACs) in the city-state, which would make it the first major Asian bourse to ... ( read original story ...)

Posted on 01/09/2021

Vijaya Diagnostic IPO: Anchor investors pump in Rs 566 crore, Goldman Sachs, CLSA, others buy stake

Vijaya Diagnostic Centre has raised Rs 566.12 crore from 29 anchor investors ahead of its IPO (initial public offering). ( read original story ...)

Posted on 01/09/2021

Olam secures $7 billion in loans as restructuring plan advances

The three facilities comprise a US$1.2b three-year term loan and two 18-month bridge loan facilities of US$2b each.. Read more at straitstimes.com. ( read original story ...)

Posted on 01/09/2021

Best Credit Card Promotions (September 2021): Apple AirPods Pros, Sony Earbuds & Samsung Tablets

I have to admit, I absolutely love credit card promotions. These days, banks offering the best credit cards in Singapore compete so hard for new customers that they practically rain Apple AirPods... ( read original story ...)

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