The company aims to scale its operations and forge partnerships with major retailers in Singapore, Malaysia, and South Korea. ( read original story ...)
Carlyle-Backed Rede D’Or IPO Raises at Least $1.6 Billion
Rede D’Or Sao Luiz SA’s initial public offering raised at least 8.4 billion reais ($1.6 billion), according to people familiar with the matter, making it one of the biggest in Brazil’s history. ( read original story ...)
Singapore’s Digital Banking Race Enters A New Phase
After a long wait and a bit of uncertainty due to COVID-19, on the eve of the Singapore Fintech Festival, the Monetary of Authority of Singapore (MAS) announced the winners of what was a highly ... ( read original story ...)
WEF Opts for Singapore Over Davos in 2021 as Europe Cases Surge
The World Economic Forum will hold its 2021 annual meeting in Singapore instead of its traditional home of Switzerland, which is battling a rising number of coronavirus infections. The high-profile ... ( read original story ...)
Flipkart IPO may ride piggyback on post-covid-19 boom in e-commerce
Share prices of some listed e-com firms in emerging markets have skyrocketed in 2021.For example, shares of Singapore-based Sea Ltd have risen by 280% compared to its pre-covid highs ... ( read original story ...)
Singapore government to boost blockchain adoption
Singapore government unveils S$12m programme to promote development and adoption of blockchain applications beyond financial services ... ( read original story ...)
Commentary: Is Airbnb’s IPO listing this week worth your investment?
The travel experience company has its fair share of knocks over the years but it has some solid fundamentals, say Howard Yu and Angelo ... ( read original story ...)
Bill Gates among star speakers at Singapore’s biggest fintech festival
Over 60,000 participants from over 7,000 companies across 130 countries are expected.. Read more at straitstimes.com. ( read original story ...)
Singapore to Seek More Travel Bubble Arrangements
Singapore said it will keep searching for possibilities of travel bubbles with other regions even after an arrangement with Hong Kong suffered a setback, the Straits Times reported. ( read original story ...)
The Future Of Banking: Singapore Gets Four Digital-Only Banks, Grab-Singtel And Sea Awarded Licences To Run Digital Full Banks
The Monetary Authority of Singapore (MAS), the city-state’s central bank, announced on Friday (4 December) it has granted digital full bank licences to the a consortium of Grab-Singtel and an entity ... ( read original story ...)
Singapore grants digital bank licences to major Asian tech companies
Singapore has awarded digital bank licences to a group of major Asian technology companies including Sea and Ant Group in the biggest shake-up of its banking sector in decades. Sea, the parent of ... ( read original story ...)
Asia upstarts await word on Singapore digital banking licenses
With Singapore set to award up to five new digital banking licenses, some of Asia's biggest tech upstarts including Ant Group and Grab are hoping to win an opportunity to boost their online financial ... ( read original story ...)
S’pore banks ramp up efforts to help small and micro enterprises amid digital banking push
South-east Asia’s largest bank DBS has approved nearly 10,000 loans to small and medium-sized enterprises. . Read more at straitstimes.com. ( read original story ...)
Singapore Urged to Raise Audit Standards to Avoid ‘Failures’
Singapore needs to raise its auditing and accounting standards to help boost the nation’s ESG credibility following a series of corporate scandals, according to the country’s top central banker. ( read original story ...)
Credit Bureau Asia debuts on SGX at 21.5% above IPO price
SINGAPORE (THE BUSINESS TIMES) - Credit Bureau Asia (CBA) began its trading debut at $1.13 on the Singapore Exchange's (SGX) mainboard on Thursday, 21.5 per cent or $0.20 above its initial public ... ( read original story ...)
Singapore Urged to Raise Auditing Standards to Avoid ‘Failures’
Singapore needs to raise its auditing and accounting standards to help boost the nation’s ESG credibility following a series of corporate scandals, according to the country’s top central banker. ( read original story ...)