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MAS to boost Singapore’s standing as enterprise financing hub with S$75m grant

THE Monetary Authority of Singapore (MAS) is launching a S$75 million grant for equity market Singapore (GEMS) in February to help enterprises seeking to raise capital through Singapore’s equity market. Minister for Finance and MAS board member, Heng Swee Keat, announced the three-year initiative at the UBS Wealth Insights conference on Monday. GEMS will have three components – a listing […]

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China promotes use of yuan among Southeast Asian nations

SHANGHAI—China published a five-year blueprint on Friday seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing’s latest effort to promote international use of the yuan currency. China’s state council, or cabinet, has agreed to build Guangxi, which borders Vietnam, into a financial gateway between the Association of Southeast Asian Nations […]

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