News Centre

Corrected: Panxora Backs ClinTex To Raise $7 Million USD And Provide Faster Access To Medicines - Collaboration Lets ClinTex Take Advantage Of Panxora’s Treasury Management Offering To Strategically Manage Raised Funds

Date 30/07/2020

Today Panxora, the digital asset treasury management service, announces it will support ClinTex, a pharmaceuticals industry solutions provider, in raising and managing $7 million USD for a blockchain-powered clinical trials solution to accelerate access to medicines for patients. Panxora will provide a management framework, determining when capital raised is released into the project, which will enable ClinTex to strategically grow its business.

Current Account Switches Fall As Social Distancing Measures Introduced, Almost 100,000 Still Switch In Q2 2020

Date 30/07/2020

• 98,192 switches took place in Q2 2020 – 182,328 fewer than in Q1 2020, the lower number was as a result of the impact of the COVID-19 pandemic and social distancing measures
• Awareness and satisfaction of the service remain consistently high, at 81 per cent and 92 per cent respectively
• In this quarter consumers favoured new accounts with improved customer service and online banking facilities rather than financial reasons such as better rates and lower charges
• 6.7 million switches have been completed since the launch of the Current Account Switch Service and the Switch Service Guarantee remains available to anyone who needs to change their bank account

Founder Of Leading Pan-African Communications Consultancy APO Group Appointed To The Advisory Board Of The African Energy Chamber - Pompigne-Mognard Brings Vast Experience In Communications, Technology And Business Consultancy To Support The African Energy Chamber

Date 30/07/2020

APO Group (www.APO-opa.com), the leading pan-African communications and business consultancy, is delighted to confirm that its Founder and Chairman, Nicolas Pompigne-Mognard, has been appointed to the Advisory Board of the African Energy Chamber.

Appital Deploys Desktop Application On OpenFin - Buy Side Firms Are Now Able To Receive Appital Liquidity Notifications Directly On Their Desktop

Date 30/07/2020

Appital, the Equity Capital Marketplace, has built and deployed their desktop application on OpenFin, the operating system (OS) of finance. 

Shenzhen Stock Exchange Supports Simultaneous Issuance Of CDB Green Financial Bonds On Various Markets To Explore Product Interconnectivity In Bond Markets

Date 30/07/2020

On July 29, China Development Bank (“CDB”) issued the first “Bond Connect” green financial bonds under the theme of “Addressing Climate Change”, totaling CNY10 billion, to global investors on various markets simultaneously, including CNY1 billion issues by tender on the SZSE bond market. It is an important measure adopted by SZSE, in cooperation with CDB, to enrich the green financial product system and explore product interconnectivity on different bond markets.

Early-Stage Funding Rounds Dominated APAC VC Funding Landscape In Q2 2020, Finds GlobalData

Date 30/07/2020

Early stage funding rounds (comprising Seed and Series A funding) dominated the venture capital (VC) funding landscape during the second quarter (Q2) of 2020 in the Asia-Pacific (APAC) region, according to GlobalData, a leading data and analytics company.

Hashstacs Co-Develops Blockchain Project With Bursa Malaysia For Its Bonds Marketplace

Date 30/07/2020

Singapore's Fintech technology provider, Hashstacs Pte Ltd ("STACS"), today announced that it has partnered with Bursa Malaysia Berhad ("Bursa Malaysia") on a Blockchain Proof-of-Concept ("POC") project dubbed "Project Harbour" for its Bonds marketplace.

Securities Commission Malaysia Issues New Guidelines On Conduct Of Directors Of Listed Issuers And Their Subsidiaries

Date 30/07/2020

The Securities Commission Malaysia (SC) today issued new Guidelines on Conduct of Directors of Listed Issuers and Their Subsidiaries (Guidelines) to strengthen board governance and oversight in listed issuers and their subsidiaries.

SGX Welcomes Singapore Paincare Holdings Limited To Catalist

Date 30/07/2020

Singapore Exchange (SGX) today welcomed Singapore Paincare Holdings Limited to its Catalist under the stock code “FRQ”.  

Monetary Authority Of Singapore Announces Extension Of The US$60 Billion Swap Facility With The US Federal Reserve And The MAS USD Facility

Date 30/07/2020

The Monetary Authority of Singapore (MAS) announced today that it will continue to provide US Dollar (USD) via the MAS USD Facility following the extension of MAS’ US$60 billion swap arrangement with the US Federal Reserve (Federal Reserve) through 31 March 2021. The MAS USD Facility will offer up to US$60 billion of funding to banks, to facilitate USD lending to businesses in Singapore and the region.