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Posted on June 8, 2020

Bank of Singapore appoints industry veteran Lim Leong Guan as new global head of products

SINGAPORE – Bank of Singapore said on Monday (June 8) that it has appointed industry veteran Lim Leong Guan as its new global head of products with immediate effect.. Read more at straitstimes.com.

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Posted on June 8, 2020

PwC Singapore launches new initiatives to support the community amidst COVID-19

In response to calls in the Fortitude Budget for more support for upskilling, digital adoption, and financial support for vulnerable communities, PwC Singapore has launched several new initiatives to …

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Posted on June 8, 2020

COVID-19: Singapore to spend S$3.5 billion on information and communications technology to support businesses

Singapore will spend an estimated S$3.5 billion on the procurement of information and communications technology (ICT) this financial …

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Posted on June 8, 2020

Singapore Airlines Secures More Than $7 Billion From Credit Lines, Rights Issue

Singapore Airlines (SINGF) announced on Monday that it has raised a total of S$10 billion ($7.17 billion) of liquidity, through a mix of secured and unsecured credit facilities, as well as a recent …

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Posted on June 8, 2020

Covid-19 ‘stress test’ reveals social capital is strong in Singapore, says DPM Heng

Singaporeans’ willingness to adapt and respond to new advice as fresh medical evidence surfaces on Covid-19 shows the country has the social capital to emerge stronger from the pandemic and deal with …

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Posted on June 8, 2020

MAS to host $1.25 million Covid-19 and green finance challenge

The Monetary Authority of Singapore has launched a $1.75 million global fintech challenge in search of solutions that can help financial institutions grapple with the existential threats posed by …

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Posted on June 8, 2020

Singapore orders online election advertising to disclose sponsors

The government of Singapore on Monday set out new rules for internet election advertising, as the coronavirus pandemic is expected to push more campaigning online ahead of the general election that …

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Posted on June 8, 2020

Currency Peg’s Implosion Takes Down Lebanon’s Economy

At a small cafe in the south Lebanese village of Ain Ebel, customers once indulged in drinks and lingered for hours puffing on water pipes filled with aromatic tobacco. Now, most go for a quick shot …

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Posted on June 8, 2020

5 of 6 Bank of Israel MPC members voted to hold rate at 0.1%, minutes show

Five of six rate setters at the Bank of Israel voted to keep the benchmark interest rate at 0.1% on May 25, minutes of the discussions showed on Monday. The MPC in the prior meeting on April 6 had …

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Posted on June 8, 2020

Formula Systems Acquires 70% of Liram Financial Software Ltd.

The acquisition, completed by Michpal Micro Computers, a wholly owned subsidiary of Formula Systems, enables Michpal to expand its operations in the field Financial Accounting, Taxation and Compliance …

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