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  • Qatar Stock Exchange Rings The Bell For Financial Literacy

    Date 06/10/2020

    Qatar Stock Exchange (QSE) today hosted a bell ringing ceremony as part of its participation in the World Investor Week initiated by IOSCO and the World Federation of Exchanges.

  • ACER Consults On Barriers To Efficient Price Formation And Easy Entry And Participation In European Electricity Markets

    Date 06/10/2020

    In September 2020, in the framework of the Clean Energy Package, ACER initiated a study on the efficient price formation, easy market entry and participation for new players and small actors in the European electricity markets. The analysis aims at supporting European and national policy makers to better identify and remove market barriers, as well as monitoring the progress of the EU energy markets’ design.

  • Reply To Singapore Parliamentary Question On Individual And SME Borrowers' Credit Ratings During COVID-19

    Date 06/10/2020

    Question:

    To ask the Prime Minister whether MAS can provide guidance to (i) financial institutions not to let their individual and SME borrowers' dismal financial performance in 2020 affect their credit scoring and (ii) credit bureaus to rescind the adverse record of an individual borrower whose repayment ability has been affected by the COVID-19 pandemic.

    Answer by Mr Tharman Shanmugaratnam, Senior Minister and Minister in charge of MAS:

    1.      The COVID-19 pandemic has significantly disrupted incomes of many individual and business borrowers. The priority is to help them not to miss payments. That is why MAS has been working closely with the financial industry to implement relief measures since March 2020, to help borrowers defer and spread out their monthly repayments. Borrowers who take up the relief measures are able to avoid missing payments, and hence avoid hurting their credit standing.

  • Vorboss Scales Its London Fibre Network With Interxion UK

    Date 06/10/2020

    Vorboss, one of London's leading connectivity providers, has significantly expanded its presence at Interxion UK to support growing fibre network demands for UK and International Enterprises.

  • Hong Kong Securities And Futures Commission Welcomes Re-Appointment Of Non-Executive Directors

    Date 06/10/2020

    The Securities and Futures Commission (SFC) welcomes the re-appointment by the Financial Secretary of Ms Agnes Chan and Mr Edward Cheng as Non-Executive Directors for a term of two years with effect from 20 October 2020 and 1 January 2021, respectively.