SINGAPORE: The Monetary Authority of Singapore (MAS) on Friday (Aug 4) asked interested parties to give their views on its proposal to enhance the Deposit Insurance scheme, including increasing the deposit insurance coverage of Singapore dollar deposits ... ( read original story ...)
Western Union armed robbery: 56-year-old man arrested
SINGAPORE: A 56-year-old Singaporean man suspected to have robbed a Western Union branch in Ubi at knifepoint has been arrested, the Singapore Police Force announced on Friday (Aug 4). The police said despite an initial lack of leads, officers were ... ( read original story ...)
Singapore Air Offers Unpaid Leave to Crew in Cost-Cutting Review
Singapore Airlines Ltd. is offering three months of voluntary unpaid leave to cabin crew as it seeks to cut costs amid rising competition in the region. The carrier is asking some of its flight attendants to take the leave from September, it said in an ... ( read original story ...)
Mr Bean Group clarifies it’s not involved in bringing Gong Cha back to Singapore
Upon hearing the news, we wrote about its impending comeback - and Rodney ... So Who Won The Race To Bring Gong Cha To Singapore? With the promise of bringing the chain in the next few months in a "bigger, better, upgraded format", Kim Soo-Min, president ... ( read original story ...)
Singapore’s DBS second-quarter profit up 8.5 percent on loan growth, flags pressures on asset quality
SINGAPORE (Reuters) - Singapore's biggest lender, DBS Group Holdings, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth, but the bank flagged pressures on asset quality. ( read original story ...)
Uber takes action to fix unsafe cars rented to Singapore drivers
SINGAPORE (Reuters) - Uber Technologies Inc said on Friday it has taken action to fix defective cars that it had rented to drivers in Singapore and was coordinating with regulators in the city state to resolve any concerns. The Wall Street Journal earlier ... ( read original story ...)
Singapore’s hard rock granny
Mary Ho, 81, plays a mean electric guitar. The feisty grandmother is now gearing up for the performance of a lifetime - playing for thousands at Singapore's annual National Day Parade in August. ( read original story ...)
Singapore’s Novena Global plans $150m Taiwan IPO
Singapore-based Novena Global Lifecare Group is teeing up a $150m IPO in Taiwan as it looks for capital to fund expansion in north Asia. By John Loh, Jonathan Breen 12:00 PM Novena, an integrated medical healthcare and aesthetic group, dropped plans to ... ( read original story ...)
Prima Marine to double fleet via IPO
The rest of the cash from the IPO would go into working capital and repaying loans ... It previously planned to list in the stock market in Hong Kong and Singapore but finally decided to list in the SET. ( read original story ...)
HNA Reit looking for new banks after BAML retreats
HNA Commercial Reit is on the lookout for arrangers for its Singapore IPO, after Bank of America Merrill Lynch walked away from the deal. But the real estate investment trust’s search will not be easy. Bulge bracket firms are under scrutiny for any ties ... ( read original story ...)
Singapore’s GIC, Canadian pension fund to invest S$1.5 billion in Hollywood talent agency: Report
The Canada Pension Plan Investment Board and Government of Singapore Investment Fund are limited partners ... potentially postponing a long-rumoured IPO. Silver Lake has invested US$750 million in WME-IMG in two rounds, first into WME in 2012, and again ... ( read original story ...)
Technology Ranked as Singapore’s Strongest Sector in July
NetLink NBN Trust NetLink NBN Trust designs, builds, owns and operates the passive fibre network infrastructure of Singapore’s Next Gen NBN, made its trading debut on the Mainboard on 19 July. The trust contributed IPO market capitalisation of $3.2 ... ( read original story ...)
Aramco Pits London Against New York as Saudis Pick IPO Venue (1)
Tokyo and Singapore Exchanges in both Asian cities made aggressive pitches to Saudi authorities for the IPO, though neither Japan nor Singapore consumes as much crude oil as China. A listing in Japan, where Aramco owns shares in a refiner as well as ... ( read original story ...)
Morgan Lewis gains approval from Law Society to operate in Hong Kong
This year the China team has closed five IPOs in a diverse set of industries, including a $180 million IPO on the Hong Kong Exchange and collaborated with the firm’s Singapore office on multiple dual-listings on the Singapore and Hong Kong exchanges. ( read original story ...)
Luxury Pavilion – Alibaba’s exclusive hi-tech offering to its biggest spenders
SEE ALSO: JD.com registers first profits since IPO, continues plans to rival Alibaba Both Alibaba ... SEE ALSO: Online fashion store Dressabelle acquired by Singapore’s iFashion for $5.5m Artificial intelligence and big data frameworks embedded into ... ( read original story ...)
DBS, OCBC CEOs amongst LinkedIn’s power profiles
The Power Profiles 2017 names the most viewed professionals on LinkedIn in Singapore. The site noted that they utilised ... DBS CEO Piyush Gupta as well as OCBC Bank Chief Samuel Tsien were amongst the top CEO profiles. Meanwhile, Lazada CEO Maximilian ... ( read original story ...)