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Taiwan’s Gogoro in merger talks with Poema SPAC

Bloomberg Gogoro, a Taiwanese startup that specialises in battery-swapping technology, is in talks to go public through a merger with Poema Global Holdings Corp, a blank-check firm, according to people with knowledge of the matter. The deal is set to value the combined company at $1 billion or more, the people said, asking not to be identified as the information ...

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India, S’pore link payment systems to boost $1b flows

Bloomberg India and Singapore will link their fast-payment systems to step up cross-border payments and remittance flows, which amount to more than $1 billion each year currently. India’s Unified Payments Interface will be joined with Singapore’s PayNow by July 2022 to enable users to make instant, low-cost fund transfers while staying on their own systems, the Reserve Bank of India ...

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Singapore plans local stocks boost with Temasek fund

Bloomberg Singapore is planning new measures to boost its domestic stock market, according to people with knowledge of the matter. State investment giant Temasek Holdings Pte’s 65 Equity Partners Holdings Pte, with a fund size of at least S$1 billion ($745 million), will invest in Singapore and regional mid-cap firms, including initial public offerings, the people said. Temasek and sovereign ...

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