Singapore Exchange Ltd is proposing introducing regulations to allow the listing of Special Purpose Acquisition Companies (SPACs) or blank cheque firms that have taken U.S. markets by storm. "The ... ( read original story ...)
Endeavor files for IPO as Elon Musk is named to its board
The company had hoped to raise $712m from its aborted 2019 IPO. It was valued at $6.3bn in 2017, when it landed a $1bn investment from the Canada Pension Plan Investment Board and GIC, Singapore’s ... ( read original story ...)
Singapore Explores Getting in on SPACs
The Singapore Exchange started a public consultation on the publicly listed shell companies with ready pools of cash that seek to invest in—and merge with—private companies. ( read original story ...)
Bank customer satisfaction in Singapore dipped 1.7% in 2020: SMU study
Bank customers have become more price-sensitive given the economic environment.. Read more at straitstimes.com. ( read original story ...)
Asia’s worst stock market last year is now one of the region’s top performers
Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia after losing 11.8%. Still, ... ( read original story ...)
Asean finance ministers agree to roll out Covid-19 vaccination widely: DPM Heng
The ministers also agreed to strengthen their digital connectivity to grow their economies.. Read more at straitstimes.com. ( read original story ...)
Singapore Banks – Sector Outlook Revised to ‘Improving’
We have revised the Singapore banking sector outlook to improving, from stable, with profitability likely to rise significantly this year. Policy countermeasures helped keep non-performing loans (NPLs ... ( read original story ...)
Financial Services Roles Throughout Singapore – 2021
At the beginning of March 2021, The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) jointly issued a paper on managing and mitigating new risks that are predicted ... ( read original story ...)
Singapore Exchange Welcomes Haitong International as Clearing Member
Singapore Exchange (SGX) announced today that Haitong International Singapore, a leading financial services provider, has joined SGX as a clearing member. ( read original story ...)
Singapore Banks – Improving Sector Outlook
Domestic economic recovery should drive improving earnings profiles of the Singapore banks in 2021. We have revised our Singapore banking sector outlook to imp ... ( read original story ...)
Singapore’s #dltledgers, a Blockchain or DLT Platform for Cross-Border Trade, Secures $7M via Series A
Singapore-based #dltledgers, a blockchain or distributed ledger technology (DLT) platform for conducting cross-border trade, trade finance, and handling supply chain digitization, has secured $7 ... ( read original story ...)
China Life Singapore Wins 2020 International Finance Insurance Awards
International Finance Magazine has announced the winners of insurance awards 2020 on the website recently. China Life Singapore has been awarded as the "Fastest Growing Digital Transformation Life ... ( read original story ...)
We will make haste, but slowly: SBFC Finance founder & CEO Aseem Dhru
Backed by the Singapore-based Clermont Group and Arpwood Partners, SBFC Finance wants to redefine the play in lending to micro-enterprises ... ( read original story ...)
Linklogis Plans IPO, Aims At $1.1 Billion For SCF Tech
Janus Henderson Funds, the Ontario Teachers’ Pension Plan Board and Sequoia China will each buy $50 million, while Singapore-based EDB Investments will buy $15 million. The IPO will be a test for how ... ( read original story ...)
Cross-border IPO boom is rich in promise — and peril
Investors have been pouring into cross-border US listings, in which far-flung companies sell shares on the NYSE and Nasdaq. Just as in the dotcom era some people are becoming very rich, but others may ... ( read original story ...)
Last year’s abandoned market, Singapore, is now an investor darling.
There are superlatives aplenty for the fierce comeback of Asia’s value stocks this quarter: They’re set to trounce growth peers by the most in two decades. Finance shares bested all other sectors. ( read original story ...)