Fintech service provider Paytm is in talks with sovereign wealth funds and financial firms to become anchor investor in its upcoming initial public offering (IPO). One97 Communications, as Paytm is ... ( read original story ...)
Paytm in talks with sovereign wealth funds, BlackRock for IPO stakes
State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said ... ( read original story ...)
How Singapore’s US$50 billion financial district will change after Covid-19
Singapore’s glittering financial district is facing its biggest challenge yet: How to reinvent itself for a post-pandemic, hybrid-working world. ( read original story ...)
Tricon Announces Pricing of Upsized U.S. IPO and Private Placement for Gross Proceeds of US$503 million
Tricon Residential Inc. ("Tricon" or the "Company") , an owner and operator of single-family rental homes and multi-family rental apartments in the United States and Canada, today announced the ... ( read original story ...)
Singapore’s fighting financial crimes through a centralized digital platform with analytics
A new digital platform and regulatory framework for financial institutions are in the pipeline to tackle a variety of financial criminal activities in ... ( read original story ...)
Nanboya Launches Its In-Home Purchasing Service in Singapore!
Valuence International Singapore has launched its in-home purchasing service in Singapore for its luxury brand purchasing business, Nanboya. ( read original story ...)
SME Digital Finance Platform Funding Societies Raises $18 Million in Debt Capital
Funding Societies has raised USD $18 million in debt capital led by Helicap Investments, the newly launched Social Impact Debt Fund, and a Japanese financial services group. Helicap Securities acted ... ( read original story ...)
Singapore will stay the course in its reopening when new Covid-19 infection numbers stabilise: Experts
SINGAPORE - A week after Singapore entered a stabilisation phase on Sept 27, it saw new Covid-19 infection numbers breach the 3,000 figure for the first time, sparking concern among some of the impact ... ( read original story ...)
METACO, Provider of Infrastructure for Digital Assets, Establishes APAC Headquarters in Singapore
Andre Israel, COO at METACO, stated: “We are proud to announce the launch of our Singapore office and the appointment ... web site covering the emerging global industry of disruptive finance including ... ( read original story ...)
Why this chip maker’s New York IPO has left a bad taste in the mouth for Chengdu’s local government
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 ...)