and crypto finance sector” and realign itself to participate in its recently launched IOV joint venture in Singapore. The crypto investment and advisory group said the global crypto finance market is ... ( read original story ...)
Singapore says blockchain payments project ready for commercial rollout
Singapore has developed a blockchain-based payments network that could enable faster and cheaper international settlements, authorities said on Monday, adding that the next step was a commercial ... ( read original story ...)
Singapore stock watch: CDL, Sats, Ascott Residence Trust, Singtel, Cromwell E-Reit, OCBC, Sembmarine
SINGAPORE (THE BUSINESS TIMES ... OCBC Bank: Mike Ng, head of structured finance and sustainable finance at OCBC, told The Business Times that the bank is expecting its value of sustainable financing ... ( read original story ...)
With Hong Kong’s Future as a Finance Hub Unclear, Singapore Is on the Rise
As Hong Kong remains shrouded in uncertainty, Singapore appears to be gaining prominence as an alternative for the business world. ( read original story ...)
Singapore Stocks Seen Helped by Election as Diversity Increases
(Bloomberg) -- Another mandate for Singapore’s ruling party -- along with the opposition winning its most seats ever -- will boost the city-state’s equities, according to analysts.Prime Minister Lee H ... ( read original story ...)
Singapore’s Version of a Political Shock Upends the Old Playbook
Most political parties around the world would be thrilled to win 89% of seats in an election. Not in Singapore. ( read original story ...)
Singapore’s ruling PAP faces succession dilemma
"Singaporeans want the PAP to form the government but they, and especially the younger voters, also want to see more opposition presence in parliament." Stability and predictability define Singapore's ... ( read original story ...)
Gland Pharma files IPO papers with Sebi, likely to raise Rs 6,000-7,000 crore
The IPO comprises a fresh issue of up to Rs 1,250 crore and an offer for sale of up to 3,48,63,635 equity shares by promoters. ( read original story ...)
Indonesian e-tailer Bukalapak turns street sellers into banking agents
Indonesian startup Bukalapak, backed by Chinese fintech Ant Group, aims to turn the mom-and-pop stores that use its B2B e-commerce platform into banking agents through a partnership with one of the ... ( read original story ...)
Entrepreneurs want to see a continuation of Singapore’s pro-business policies: Expert
On the day of Singapore's 2020 election, Squawk Box Asia talks with Bernadette Cho of Entrepreneur First Singapore to talk about what could entice more start-ups to the city state, as well as how the ... ( read original story ...)
Trade Finance Under Scrutiny in Singapore
After a $9 billion credit hit resulting from forged documents, use of the same cargo to secure multiple loans, and other types of fraud, banks seek a revamp of the trade finance infrastructure. ( read original story ...)
After $9 Billion Credit Hit, Banks Seek Trade Finance Revamp
When Credit Agricole SA and HSBC Holdings Plc issued a payment guarantee for a $76.5 million fuel purchase from a Singapore trader in March, they unwittingly became the latest victims in a series of ... ( read original story ...)
Tencent Cloud teams up with ADBC on banking services
Singapore’s Asia Digital Bank Corporation could leverage Tencent Cloud’s financial cloud platform to provide banking services to SMEs ... ( read original story ...)
After $9 Billion Credit Hit, Banks Seek Trade Finance Overhaul
“It’s tumbling down like a house of cards - everybody is caught in the whirlwind,” said Robson Lee, a corporate finance law partner at Gibson, Dunn & Crutcher LLP’s Singapore offic ... ( read original story ...)
Singapore’s ADBC and Tencent to jointly develop cloud-based banking solutions
Tencent Cloud has signed a memorandum of understanding (MoU) with Singapore's Asia Digital Bank Corporation (ADBC) to jointly develop cloud-based banking technology. Under the MoU, ADBC will use ... ( read original story ...)
Singapore in Survival Mode Looks to Reinvent Itself. Again
Follow Bloomberg on LINE messenger for all the business news and analysis you need.The pandemic is proving the ultimate test for Singapore, the tiny city-state that has a reputation of reinventing ... ( read original story ...)