According to the Global Infrastructure Outlook, a Group of 20 initiative, the global infrastructure investment gap will widen to at least US$15 trillion by 2040 - a chasm which has to be filled by ... ( read original story ...)
Singapore SPAC Vertex Technology Set for Local Listing on Jan 21 – Source
A Singapore special-purpose acquisition company (SPAC) backed by state investor Temasek's Vertex Venture Holdings has started the book building for its initial public offering (IPO) and is set to list ... ( read original story ...)
Temasek-backed Vertex files first Spac IPO prospectus, followed by Pegasus
Temasek-backed Vertex Technology Acquisition Corp (VTAC) lodged the first preliminary prospectus for an initial public offering (IPO) with the Monetary Authority of Singapore (MAS) on Thursday (Jan 6) ... ( read original story ...)
OCBC Bank Customers Lost $8.5 Million in Fake SMS Phishing Scams; Police Downplays Hopes of Recovering Stolen Funds
Fraudsters stole at least S$8.5 million from OCBC Bank customers through fake SMS impersonating the bank. OCBC warned of increased phishing scams in December 2021. ( read original story ...)
Revolut Singapore Now Approved by Monetary Authority of Singapore to Offer Gold, Silver Exposure to Clients
Revolut has acquired approval from the Monetary Authority of Singapore to provide clients with gold and silver exposure via the firm's Fintech app. ( read original story ...)
Temasek-backed Vertex Technology is first Spac seeking S’pore IPO
Company reportedly looking to raise $170 million from sale of 34 million units at $5 each. . Read more at straitstimes.com. ( read original story ...)
Share Market Live Updates: Sensex tanks over 800 points, Nifty below 17,700; Infosys slips 2%
On Wednesday, the benchmark indices rose for the fourth straight session led by strong gains in banking and financial stocks amid a supportive trend in European equities. ( read original story ...)
Stock Market LIVE Updates: Sensex, Nifty50 likely to open lower today; SGX Nifty drops over 100 points
Indian equity benchmarks are likely to start Thursday's session on a negative note amid weakness across most global markets. At 7:38 am, Singapore Exchange (SGX) Nifty futures -- an early indicator of ... ( read original story ...)
Singapore’s Top Fintech Legal Firms and Lawyers in 2022
Chambers and Partners, an independent research company delivering rankings and insights into providers of legal services, has released its selection of Singapore’s top fintech law firms and individual ... ( read original story ...)
GOL holds its Asia Investor Roundtable at the Singapore Exchange
Brazil's largest domestic airline, will hold its Asia Investor Roundtable tomorrow January 6, 2022, at 11:00 am (SGT/HKT) at the Singapore Exchange (SGX). ( read original story ...)
Revolut Singapore Gets OK to Offer Silver, Gold Trading
British FinTech Revolut has gotten permission from the Monetary Authority of Singapore (MAS) to allow customers to trade gold and silver on its app. ( read original story ...)
Asia-based bank sets up wealth management platform
Taipei Fubon Bank is building a wealth management platform for its private banking business in Hong Kong, Singapore and Taiwan. In order to do so, it has teamed up with wealthtech firm Avaloq. The ... ( read original story ...)
Covid-19 made Singapore richer than ever, so why does it need to increase GST to 9%?
Readers of my articles here on Vulcan Post may be quite perplexed, given that I reported a few times earlier this year how well Singapore is doing economically during this pandemic ( here, here and ... ( read original story ...)
Here are Singapore-China’s new initiatives to bolster financial connectivity
Shenzhen Stock Exchange's ETF Product Link. The Monetary Authority of Singapore (MAS) revealed new initiatives to expand the financial cooperation between Singapore and China, particularly in capital ... ( read original story ...)
Tencent Plans to Sell a Stake in Singapore’s Sea for Up to $3 Billion
Tencent Holdings Ltd. has sold $3 billion of shares in Singaporean online gaming and e-commerce company Sea Ltd. as it seeks funds for new initiatives and philanthropic efforts to aid wealth ... ( read original story ...)
Singapore’s Sembcorp Marine facing new legal action
Singapore’s Sembcorp Marine is facing legal action and a claim for US$76 million, plus costs and interest, from a mystery vendor relating to four undisclosed contracts. Sembmarine confirmed in late De ... ( read original story ...)