GlobalFoundries said in its prospectus that the Chengdu factory halted operations due to ‘a variety of factors, including unanticipated market conditions’ ... ( read original story ...)
Singapore’s PayNow And Malaysia’s DuitNow To Link In 2022.
The Monetary Authority of Singapore (“MAS”) and Bank Negara Malaysia (“BNM”) have announced plans to commence a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment systems. ( read original story ...)
GlobalFoundries files for an IPO, could be valued at $25 billion
Back in July, the rumor mill was abuzz with reports that Intel was interested in buying semiconductor giant GlobalFoundries for around $30 billion, presumably as a ... ( read original story ...)
UBX establishes second office in Singapore
UBX PHILIPPINES Corp. has established an office in Singapore to help companies there that are looking to enter the local market. ( read original story ...)
Maybank Singapore launches green loans for home mortgage and home renovation
Maybank Singapore has launched two new green loans for retail customers’ home mortgage and home renovation on Oct 6. The loans are part of the bank’s five-year “M25” plan, where sustainability is one ... ( read original story ...)
OPINION: Here’s what to do about diversity and inclusion fatigue in finance
Based on interviews with 35 senior leaders in Singapore who expressed concerns about perceptions of tokenism and insincere virtue-signalling for the sake of visual superficial diversity ... ( read original story ...)
Globalfoundries IPO Shows Just How Tough The Chip Making Business Is
You would have to look far and wide to find a tougher business to be in than chip manufacturing, which is why the many dozens of server makers who used to ... ( read original story ...)
Regtank Delivers Full Compliance Solution For Singapore’s Inaugural Non-Fungible Token Charity Auction ‘Blockchain For Good’
Regtank, the leading provider of a one-stop software-as-a-service compliance solution, has been designated as one of the supporting collaborators for Blockchain Association Singapore (BAS) and the ... ( read original story ...)
Singapore watchdog examines Pandora papers investigation findings about Asiaciti Trust
Leaked documents shed fresh light on activities of offshore provider and some of its customers ... ( read original story ...)
Singapore banking system has ‘insignificant’ exposure to Evergrande: MAS
It also has less than 1 per cent of its non-bank direct lending is exposed to China's property sector.. Read more at straitstimes.com. ( read original story ...)
Travelers from Germany, Brunei, Hong Kong, and Others Can Now Enter Singapore Without a Quarantine
With over 82% of its population fully vaccinated, Singapore is the most vaccinated country in the world. The government has introduced vaccination-differentiated border measures for travelers from ... ( read original story ...)
Singapore fintech nets $60m to launch ESG-focused SME financing program
Incomlend, a Singapore-based online invoice trading platform, has secured US$60 million from Fasanara Capital, a European alternative asset manager, to launch a financing program for small and ... ( read original story ...)
Globalfoundries bets on chip ‘onshoring’ demand ahead of IPO
Top U.S. contract chipmaker Globalfoundries is betting the trend for semiconductor "onshoring" will help it win over clients and investors as the loss-making company prepares for an initial public ... ( read original story ...)
Singapore digital customer service provider TDCX raises $349m in US IPO
TDCX, an SG-based provider of digital customer service and marketing provider, announced raising $349m in an upsized US IPO. ( read original story ...)
GlobalFoundries reveals revenue jump in US IPO filing as chip demand surges
Chipmaker GlobalFoundries revealed a jump in revenue in its filing for a stock market flotation, setting the stage for a blockbuster finish to a record year for initial public offerings in the United ... ( read original story ...)
GlobalFoundries shows revenue jump, smaller loss in US IPO paperwork
Semiconductor giant GlobalFoundries, a unit of Abu Dhabi's state-owned fund Mubadala, revealed a significantly smaller loss and a jump in revenue in its filing for a U.S. IPO, taking a step towards ... ( read original story ...)