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 ...

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 ...

Bloomberg Malaysia’s PM Ismail Sabri Yaakob will announce the easing of more virus curbs in the economic and social sectors soon amid concern over the lockdowns’ effect on mental health. The committee managing the pandemic has agreed to provide several “low-risk” concessions for the population, said Defence Minister Hishammuddin Hussein in a press conference on Tuesday. It is also looking ...