Daily Debrief: What Happened Today
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iFast to acquire 85% stake in UK-incorporated BFC Bank for £40m
WEALTH management platform iFast Corporation is looking to acquire an 85 per cent stake in BFC Bank for a total investment amount of £40 million (S$73.4 million).
Singapore SPAC Vertex Technology set for local listing on Jan 21
A Singapore special-purpose acquisition company (SPAC) backed by state investor Temasek's Vertex Venture has started the book building for its initial public offering (IPO) and is set to list in the city-state on Jan 21, a source with knowledge of the matter said on Friday (Jan 7).
Extending the last mile: Can logistics players continue to deliver?
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A quick knock, the sound of scurrying footsteps and a package placed at the door - that's the now-familiar experience most people associate with logistics companies.
US to revise Singapore travel advisory after Covid data flap
THE US Centers for Disease Control and Prevention (CDC) said in an emailed statement to Bloomberg Thursday (Jan 6) it is working with Singapore's Ministry of Health regarding the country's Covid-19 testing data and will update its Travel Health Notice for the South-east Asian state accordingly.
Malaysia workers seek judicial review of Supermax deal to supply UK health service
WORKERS at Malaysian glovemaker Supermax will seek a judicial review of the British government's decision to approve the company, which is accused of using forced labour, as a supplier to its National Health Service (NHS), lawyers said.
The STI today
STI up 0.66%, buoyed by banking stocks
AFTER dipping on hawkish statements by the US Federal Reserve, several key markets in Asia saw investors engaged in buying the dip on Friday (Jan 7).
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