Singapore is looking to set up a S$1.5 billion ($1.1 billion) fund backed by state investment firm Temasek Holdings Pte. to bolster its stock market, which has struggled with tepid listings and poor ... ( read original story ...)
Courting startups: Singapore lines up funding to boost IPOs
The co-investment fund of the government and state investor Temasek will provide late-stage private finance and investment for initial public offerings (IPOs) on Singapore Exchange. While Singapore is ... ( read original story ...)
Singapore taps on Temasek, EDBI to boost SGX attractiveness
The city-state’s initiatives aim to make SGX the go-to destination for local and regional firms looking to go public. ( read original story ...)
Hackers pose as S’pore bank customers by stealing OTPs, making S$500K in fake credit card payments
Hackers abroad have been able to pose as 75 bank customers here to make about S$500,000 (RM1.54mil) in fake credit card payments. ( read original story ...)
Pine Labs eyeing pre-IPO fundraise of up to $500 mn
The fundraising is expected to give Pine Labs a valuation of up to $5 billion, a significant jump from July this year when the company closed its $600 million funding from public market investors at a ... ( read original story ...)
IPO-bound Indian digital payments firm Pine Labs raises $100m from Invesco
The current fundraise comes just two months after the company had closed its $600m fundraise, at a valuation of $3b. ( read original story ...)
IPO-Bound Pine Labs Hires US Investment Bankers, Aims At $6 Bn Valuation
Fintech unicorn Pine Labs has hired Morgan Stanley and Goldman Sachs as advisors for its intial public offering next year in the US ... ( read original story ...)
Asia’s global finance hubs Hong Kong and Singapore are taking aim at “foreign interference”
Hong Kong and Singapore, Asia’s two global finance hubs are eager to attract foreign capital and style themselves as cosmopolitan gateways to the world. And they are equally determined to root out ... ( read original story ...)
Finance hubs Hong Kong, Singapore target foreign interference
Hong Kong and Singapore, Asia’s two global finance hubs are eager to attract foreign capital and style themselves as cosmopolitan gateways to the world. And they are equally determined to root out ... ( read original story ...)
Trava.Finance Bolsters Consumer Lending Pools with Increased Support for Seven New Assets
The Trava Lending Pool – a software product derived from Aave adding other unique functions - will support the use of USDT, USDC, DAI, WBTC, WETH, BNB, and BUSD as assets for users to draw from and ... ( read original story ...)
Singapore could lose good investments and jobs if tighter restrictions imposed on global companies: Finance Minister Wong
Wong called out the Progress Singapore Party (PSP) for its "fatally flawed" thinking that reducing the number of foreigners here will allow Singaporeans to automatically fill those jobs. ( read original story ...)
Singapore Opposition leader asks govt to release more info to dispel misinformation about FTA with India
Strongly criticising what he described as a "reactive" policy towards communication, Singapore''s Opposition leader Pritam Singh has asked the government to release more details to dispel ... ( read original story ...)
Pine Labs gets Wall Street bankers for its IPO, eyes over $6 billion valuation
The India and Southeast Asia-focused e-payments firm is looking at a valuation of around $6 billion through the IPO but it could rise further. ( read original story ...)
Blockchain Association Singapore and NTUC-U Care Fund Announce Singapore’s Inaugural Non-Fungible Token Charity Auction Event ‘Blockchain For Good’
Blockchain Association Singapore (BAS) and the National Trades Union Congress (NTUC) U Care Fund today announced Singapore's inaugural Non-Fungible Token[1] (NFT) charity auction event, 'Blockchain ... ( read original story ...)
Thoughtworks Rises With Others in Flurry of High-Performing IPOs
Apax Control Funds affiliated with Apax will continue to control the company after the IPO, according to the filing. Siemens AG and affiliates of Singapore’s GIC Pte also own stakes in the company. ( read original story ...)
Online Marketplace Carousell Is Singapore’s Newest Unicorn
(Bloomberg) -- Online classifieds marketplace Carousell Pte became Singapore’s latest tech unicorn, raising funds at a $1.1 billion valuation as Southeast Asia’s e-commerce startups benefit ... ( read original story ...)