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Month: June 2020

Posted on 22/06/2020

Hong Kong wealth managers can’t wait for new Connect programme, with Singapore ready to pounce on city’s troubles

China's plan to turn the Greater Bay Area into a hub for wealth management products will help turbocharge Hong Kong's fund industry, giving it an invaluable edge in warding off challenges from ... ( read original story ...)

Posted on 22/06/2020

Buy this Singapore bungalow for $45 million, rare artifacts are extra

It's selling for S$63 million ($45 million), and that doesn't include some 500 Chinese artifacts for which the buyer will have to fork over a few million more. The house, modeled after the ... ( read original story ...)

Posted on 22/06/2020

DBS Bank logs Rs 111 cr profit in FY20 from India operations

Troubles on the asset quality front in the past had led the bank to report losses from the India operations a few years ago. It had then announced a strategy to stay away from high risk loans. ( read original story ...)

Posted on 22/06/2020

DBS Bank profit rises, infuses $150 million in FY20

DBS Bank India Ltd the wholly owned subsidiary of Singapore based DBS Group has reported a net profit of Re 111 crore in the year ended March 2020 up more than seven times ... ( read original story ...)

Posted on 22/06/2020

Border backlash on trade! Duty hike coming on all Chinese imports except medicines

Government of India has sent almost two dozen emails to industry bodies like CII, FICCI and ASSOCHAM seeking details on import of items from China Everything except APIs used in the manufacture of ... ( read original story ...)

Posted on 22/06/2020

Singapore stocks to see ‘sustained rebound’ as economy recovers: Morgan Stanley

Singapore's equity valuations have bottomed, and a "sustained rebound" is now underway as the market shifts its focus to an "imminent V-shaped recovery in the global economy", Morgan Stanley Research ... ( read original story ...)

Posted on 22/06/2020

TPG Mobile Singapore 50GB for $10 SIM Only Plan Review (2020)

For way too long, Singapore’s telecommunications industry was controlled by the Big 3. But things have been changing in the past few years, and a new mobile telco has joined the fray. TPG Mobile ... ( read original story ...)

Posted on 22/06/2020

UPDATE 1-China to be self-reliant in IMO-compliant fuel – official

Chinese refiners have the capacity to produce 18.1 million tonnes of low-sulphur fuel oil (LSFO) this year, which would make the country self-sufficient in the new shipping fuel, an official with ... ( read original story ...)

Posted on 22/06/2020

Morgan Stanley Expects ‘Sustained Rebound’ in Singapore Stocks

Morgan Stanley is expecting a sustained rebound in Singapore’s stock market on an imminent recovery in domestic and global growth. ( read original story ...)

Posted on 22/06/2020

218 new Covid-19 cases in Singapore, including one in community

There are 218 new coronavirus cases confirmed as of Monday noon (June 22), taking Singapore's total to 42,313.. Read more at straitstimes.com. ( read original story ...)

Posted on 22/06/2020

No Singapore residents among 218 new COVID-19 infections; 1 community case

The Ministry of Health (MOH) preliminarily reported 218 new COVID-19 cases in Singapore as of Monday (22 June) noon, bringing the total to 42,313. ( read original story ...)

Posted on 22/06/2020

Biocon ties up with DKSH for distribution of seven products in Singapore, Thailand

Bio-technology major Biocon on Monday said it has inked a pact with market expansion services provider DKSH for distribution of seven generic products in Singapore and Thailand. Biocon Pharma Ltd, a s ... ( read original story ...)

Posted on 22/06/2020

How Singapore is using human faeces to track COVID-19

Although Singapore is still averaging over 200 new COVID-19 cases per day for the past week, the government surprised residents by announcing an earlier than expected start of phase two of re-opening ... ( read original story ...)

Posted on 22/06/2020

New $5 million programme for digital finance leaders in Singapore and the region

SINGAPORE (THE BUSINESS TIMES ... Xiaomi Finance's experience in digital technology services, consumer Internet of Things and innovations; SMU's expertise in leadership programmes, digital finance, ... ( read original story ...)

Posted on 22/06/2020

BenQ Launches GS2 Wireless Portable Projector for Versatile Family Entertainment in Singapore

PRNewswire/ -- BenQ, the world-leading DLP projector brand, today launched the GS2, a wireless portable LED projector ... ( read original story ...)

Posted on 22/06/2020

Investments in tech, people boost Singapore’s resilience amid China-US tussle

Having enough engineers and research and development talent will help Singapore weather the storm whipped up by the rising tensions between the United States and China.. Read more at straitstimes.com. ( read original story ...)

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