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Sygnum raises eight-figure investment from Japan’s SBI Group

DIGITAL asset company Sygnum - which has operations in Singapore and Switzerland - has secured an eight-figure US-dollar investment from the digital asset arm of Japan's SBI Group, SBI Digital Asset Holdings.

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Essential bank staff in Singapore to get Covid-19 jabs

THE Singapore government will be offering Covid-19 vaccines to essential bank staff in the financial sector over several phases.

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HSBC to name new Singapore CEO as Tony Cripps moves to Saudi British Bank

HSBC will soon announce a new Singapore chief executive (CEO) to succeed Tony Cripps, who will be leaving for the Saudi British Bank (SABB), says an internal memo signed by the bank's deputy chairman and chief executive Peter Wong and seen by The Business Times.

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SINGA issues will deepen liquidity in local bond market

THE sum of S$90 billion in Significant Infrastructure Government Loan Act (SINGA) bonds - including green infrastructure bonds - though a drop in the ocean of the global bond market, will go a long way to deepen Singapore's bond market and institutional investor base, as well as develop...

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Budget 2021: Government to issue up to S$90b in new bonds to finance infrastructure

THE Singapore government plans to issue new bonds under a proposed Significant Infrastructure Government Loan Act (SINGA).

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Budget 2021: Government to issue green bonds on certain public infrastructure projects

The government will issue green bonds on select public infrastructure projects, with up to S$19 billion in public sector green projects identified as a starting point.

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Budget 2021: Venture Debt programme for high-growth enterprises to be extended and enhanced

The government will extend support for, and enhance, the Enterprise Financing Scheme-Venture Debt programme for high-growth enterprises by increasing the cap on the loan quantum supported to S$8 million, from S$5 million currently.

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Indonesia takes another shot at Islamic banking with BSI

MORE than a decade after launching the first Islamic Bank, Indonesia is once again attempting to create a vibrant Islamic financial sector in parallel with the traditional banking sector to attract new capital investments from the Middle East and Malaysia.

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OCBC in strategic partnership to accelerate electric-vehicle adoption in Singapore

OCBC has formed a strategic partnership with local electric vehicle (EV) solutions firm Charge+ to encourage the widespread adoption of EV usage among its clients in Singapore.

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Singapore banks latch onto electric-car market

Two of Singapore's largest lenders are banking on the local electric vehicle (EV) market following the return of Tesla, whose sales portal went “live” in the city state last week.

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