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Month: June 2020

Posted on 15/06/2020

Gunvor boss criticises ‘loose lending’ in Singapore

But this is a Singapore problem. One needs to differentiate between the local companies and the international traders like us.” Mr Törnqvist said small traders had received too much financing because ... ( read original story ...)

Posted on 15/06/2020

Singapore Employment Fell by Record 25,600 in First Quarter

Total employment in Singapore, excluding foreign domestic workers, fell by a record 25,600 in the first quarter, according to revised data published by the Ministry of Manpower. ( read original story ...)

Posted on 15/06/2020

Singapore marine fuel sales fall in May as cargo ship calls plummet

May sales of marine fuels in Singapore dropped to a three-month low of 3.925 million tonnes as cargo shipping activity fell to at least a five-year low and average bunker loadings shrank, official ... ( read original story ...)

Posted on 15/06/2020

ByteDance teams up with Lee family in bid for Singapore banking licence

Chinese giant seeks to make inroads into financial services in tie-up with influential family behind OCBC Bank ... ( read original story ...)

Posted on 15/06/2020

Singapore May Home Sales Jump 75% as Virtual Viewings Take Hold

Home sales in Singapore rebounded in May from the previous month as more buyers got used to virtual real estate viewings with the city-state still under Covid-19 lockdown. ( read original story ...)

Posted on 15/06/2020

OCBC Group to hire more than 3,000 new employees in 2020, including 2,100 full-time staff

SINGAPORE: OCBC Group on Monday (Jun 15) announced that it would hire more than 3,000 people in Singapore this year across various entities, ... ( read original story ...)

Posted on 15/06/2020

OCBC Group to hire more than 3,000 people this year in full-time roles and traineeships

SINGAPORE (THE BUSINESS TIMES) - OCBC Group said on Monday (June 15) that it plans to hire over 3,000 people in Singapore this year, amid the economic and employment uncertainty due to the Covid-19 ... ( read original story ...)

Posted on 15/06/2020

Gunvor boss attacks loose lending practices in Singapore

The head of Gunvor, one of the world’s largest independent oil traders, has blamed loose lending practices in Singapore for a string of scandals that have rocked the commodity trading industry. ( read original story ...)

Posted on 15/06/2020

Singapore Vows Not to Be Part of the Rise of Protectionism

Singapore pledged its commitment to globalization despite the coronavirus pandemic inspiring a rise in protectionist trade policies worldwide. ( read original story ...)

Posted on 15/06/2020

DBS staff to befriend 1,000 seniors virtually to boost morale

One thousand senior citizens, who are mostly living in rental flats, will be interacting with a similar number of DBS Bank employees in virtual befriending sessions next month and in August.. Read ... ( read original story ...)

Posted on 15/06/2020

Coronavirus Has Spurred Protectionism. Singapore Vows Not to Be Part of It

Singapore pledged its commitment to globalization despite the coronavirus pandemic inspiring a rise in protectionist trade policies worldwide. ( read original story ...)

Posted on 15/06/2020

POSB, NTUC FairPrice branches added to list visited by COVID-19 cases

Two more places in Singapore, including the NTUC FairPrice branch at 20 Lengkok Bahru, have been added to the list of public venues visited by confirmed community cases during their infectious period. ( read original story ...)

Posted on 15/06/2020

COVID-19: Singapore reports 407 new cases; one imported

Singapore's Ministry of Health reported 407 new COVID-19 cases in Singapore as of Sunday (14 June) noon, bringing the total number of cases to 40,604. ( read original story ...)

Posted on 15/06/2020

Gunvor boss slams loose lending practices in Singapore

The head of Gunvor, one of the world’s largest independent oil traders, has blamed loose lending practices in Singapore for a string of scandals that have rocked the commodity trading industry. ( read original story ...)

Posted on 14/06/2020

Coronavirus: 1,000 DBS employees to virtually befriend 1,000 seniors to ease loneliness

One thousand senior citizens living on their own will be interacting with a similar number of DBS employees in virtual befriending sessions in July and August.. Read more at straitstimes.com. ( read original story ...)

Posted on 14/06/2020

Singapore Pledges to Stay Connected as Trade Barriers Rise

Singapore pledged its commitment to globalization despite the coronavirus pandemic inspiring a rise in protectionist trade policies worldwide. ( read original story ...)

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