Singapore’s stock exchange said several China-related special purpose acquisition company (SPAC) projects have expressed interest in raising funds in the city-state after the exchange earlier this ... ( read original story ...)
Singapore, Malaysia’s central banks to link PayNow and DuitNow
The first phase of the linkage between the two real-time payment services will launch in the fourth quarter of 2022. ( read original story ...)
Alibaba-backed Ninja Van in no rush for IPO after raising $578 million
"at-above-post addthis_tool" data-url=" spelling of Lai in final para) By Anshuman Daga SINGAPORE (Reuters) -Southeast Asian logistics provider Ninja Van is sufficiently capitalised after raising $578 ... ( read original story ...)
Singapore Says Still Set on Reopening, Covid Strategy Unchanged
Singapore’s finance minister said the country is committed to reopening, and that recently reimposed curbs are to ensure the health system can handle an increased number of daily cases. “Our overall ... ( read original story ...)
Singapore preparing to deal with ‘5,000 new Covid-19 cases a day or maybe more’, says finance minister
The Government is ramping up resources in order to prepare for the possibility of more than 5,000 new Covid-19 infections a day, of which about 10 per cent, or 500 people, may need to be warded for at ... ( read original story ...)
Singapore’s TDCX to offer 18.8 million ADSs in IPO, priced at $16 to $18 each
TDCX Inc., a Singaporean provider of software for e-commerce, set terms for its initial public offering on Monday, with plans to offer 18.8 million ... ( read original story ...)
McKinsey Report: Asia-Pacific digital banking accelerating
Consumer use of digital banking has risen sharply recently and the driving force behind this is the soaring adoption rate in emerging markets including India ... ( read original story ...)
VP Bank in Asia makes two newly-created key appointments to its Asia Management Committee
VP Bank has today announced the appointments of Alexander Tsikouras as Chief Financial Officer & Chief Operating Officer Asia and Will Wang as Head of Client Solutions & Strategic Partnerships Asia in ... ( read original story ...)
Malaysia’s DuitNow and Singapore’s PayNow to Link in 2022
Bank Negara Malaysia (BNM) and the Monetary Authority of Singapore (MAS) today announced plans to commence a phased linkage of Malaysia's DuitNow and Singapore's PayNow real-time payment systems. The ... ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open higher; SGX Nifty futures up 87 points
Indian equity benchmarks Sensex and Nifty50 are likely to start the week on a positive note, as suggested by Nifty futures trading on Singapore Exchange. At 7:32 am, SGX Nifty futures -- an early ... ( read original story ...)
Stock Market Today: SGX Nifty rises 86 points; Asian markets cautious as oil prices hits 3-year highs
Asian shares got off to a cautious start on Monday as a jump in oil prices to three-year highs could inflame inflation fears and aggravate the recent hawkish turn by some major central banks. MSCI's ... ( read original story ...)
Singapore Signals Any Wealth Taxes Must Fit Progressive System
Singapore’s finance minister said Monday that any form of wealth tax should fit into the nation’s progressive tax system, stressing that discussions on such a move are premature amid a recent debate ... ( read original story ...)
The Week Ahead – Trade Data, China PMI, Singapore properties, Monetary Policy
Trade data. THIS week, investors will be turning their attention to trade data for August 2021 along with the manufacturing purchasing managers’ index (PMI). The Statistics Depa ... ( read original story ...)
Singapore’s Ninja Van raises US$578 million in new funding round backed by Alibaba, Brunei sovereign fund
Ninja Van Group, a Singapore-based logistics start-up, raised US$578 million in its latest funding round, including an investment from Chinese e-commerce giant Alibaba Group Holding, lifting its ... ( read original story ...)
Singapore tells UN General Assembly it will help small states with digitalisation and COVID-19 recovery
SINGAPORE: Singapore will run programmes from 2022 to 2023 to help small states with digital transformation and COVID-19 recovery, Foreign Affairs Minister Vivian Balakrishnan told the United Nations ... ( read original story ...)
Addition invests $125 million more in IPO-bound Delhivery
This follows the investment of $76.4 million made by Addition by subscribing to 146,961 compulsorily convertible preference shares of the logistics firm on September 6. ( read original story ...)