Rubel, a 28-year-old migrant worker in Singapore, is afraid. The dormitory he and other foreign workers live in has been locked down, and nobody is allowed in or out as government officials scramble ... ( read original story ...)
Singtel secures $3 billion in bank credit for subsidiaries
Singapore Telecommunications' (Singtel) subsidiaries have secured close to $3 billion in bank credit facilities, it said on Friday. ( read original story ...)
DBS chief: Collective action trumps privacy rights in a pandemic
When DBS, south-east Asia’s largest bank, learnt of our first case of coronavirus back on February 11, we jumped into action. Within an hour of learning that an employee at our Singapore headquarters ... ( read original story ...)
Asia Deal Digest: April 2020
The 50-year trench is the longest dated sovereign bond ever offered by an Asian issuer. Allen & Overy Singapore partner Felipe Duque led the team advising the Indonesian government. New York partner ... ( read original story ...)
Suddenly, Singapore’s Coronavirus Cases Skyrocketed. Here’s Why.
It was written by Noeleen Heyzer. SINGAPORE — Singapore now has the highest number of COVID-19 cases in Southeast Asia, at 11,178, as of April 23. The daily coronavirus infection rate reached a new ... ( read original story ...)
Claims mount against Singapore’s Hin Leong
SMBC has an exposure of $140m. The Singapore police this week launched an investigation into Hin Leong after founder Lim Oon Kuin said he had directed the company’s finance department not to disclose ... ( read original story ...)
Singapore Sees Second Wave of Coronavirus With 900 New Cases
Singapore recorded nearly 900 new coronavirus cases on Friday as the country sees a second wave of an outbreak centered around foreign workers. The country's Ministry of Health reported 897 new cases ... ( read original story ...)
Singapore oil trader Hin Leong seeks court-appointed manager to oversee debts – sources
Singapore's Hin Leong Trading Pte Ltd, one of Asia's top oil traders, has applied for a court-appointed supervisor to manage the company and restructure billions of dollars of debt owed to multiple ... ( read original story ...)
Narrow Band IoT Market is Booming Worldwide | Qualcomm, Verizon Communication, Vodafone Group
Narrow Band IoT, also referred to LTE cat NB1 is a low power wide area network technology which enables to connect or join the wider network in a cellular network. These type of network is majorly ... ( read original story ...)
Russia Cases Jump Again; Singapore Infections Slow: Virus Update
Russia reported the most new cases since April 19 and Germany had its worst day in nearly a week, after Chancellor Angela Merkel said the country is “far from being out of the woods.” New cases in ... ( read original story ...)
Singapore records 897 new coronavirus infections
Singapore registered 897 new infections on Friday, taking its total number of cases to 12,075. The health ministry said the vast majority of the new cases were migrant workers residing in dormitories, ... ( read original story ...)
‘We knew that the foreign workers would be a stress point:’ Singapore diplomat on battling coronavirus
Singapore had just around 1,000 cases, but in less than a month, it has spiked to more than 10,000. The majority of the explosion in cases has been attributed to its migrant worker population. ( read original story ...)
Singapore’s richest man is getting $1 billion richer each month from selling ventilators
Li Xiting is now worth $13.5 billion. Averaged out, his fortune has been increasing by about $37.7 million every 24 hours. ( read original story ...)
Singapore manufacturing unexpectedly surges in March, fueled by pharma output
Singapore's industrial output rose 16.5% in March on a year-on-year basis, surging past expectations, as pharmaceutical production more than doubled, data showed on Friday. On a month-on-month and ... ( read original story ...)
Singapore Ponders Mass Testing as Virus Outbreak Balloons
Singapore is looking to pivot to a more aggressive coronavirus response strategy that involves mass testing for its population of 5.7 million people as cases in the city-state jumped more than ... ( read original story ...)
Singapore Exchange third-quarter profit hits 13-year high as trading volume surges
Singapore Exchange's profit jumped 38% to a 13-year high in the January-March quarter as extreme market volatility amid the coronavirus outbreak boosted equities and derivatives trading volumes. ( read original story ...)