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Month: July 2020

Posted on 06/07/2020

Mobile-first HR tech platform Qualee banks $1m in seed funding

Singapore-based HR tech firm Qualee Technology said it has secured US$1 million in seed funding from US-based enterprise investor Tandem Technology Partners. Founded in 2018, Qualee’s proprietary ... ( read original story ...)

Posted on 06/07/2020

Indian-origin policewoman in Singapore sentenced for misappropriating ipads

Hemavathy Gunasekaran, 37, pawned the two police-issued iPads worth more than SGD 900 (USD 646) at a shop for which she received SGD 300 (USD 215) in return, the court heard. ( read original story ...)

Posted on 06/07/2020

Singapore’s Indies Raises $100 Million for Third Asian Fund

Indies Capital Partners, a Singapore-based alternative asset manager, has raised more than $100 million at the first close of its third flagship fund for structured credit and private equity deals in ... ( read original story ...)

Posted on 06/07/2020

‘No reason’ to hold Singapore’s general elections amid pandemic, says opposition party

"There's no way that an election held under these conditions can be free and fair," says Reform Party chief Kenneth Jeyaretnam, who emphasizes the need for Singapore's voters to embrace political ... ( read original story ...)

Posted on 06/07/2020

Singapore: The worst is behind for the high street? – UOB

Barnabas Gan, Economist at UOB Group, reviewed the latest retail sales figures in Singapore. Key Quotes “Singapore retail sales plunged by another 52.1% y/y in May 2020, a recor ... ( read original story ...)

Posted on 06/07/2020

DBS launches transition financing framework to help ‘less than dark-green’ industries

To bridge the gap between traditional and sustainable financing, DBS’s transition framework will facilitate the move of key industries towards a low-carbon economy. But transition financing ... ( read original story ...)

Posted on 06/07/2020

Covid-19 to ‘Weigh Heavily’ on Singapore’s Economy, PM Lee Says

Prime Minister Lee Hsien Loong said he’s determined to hand over Singapore “intact” and in “good working order” to the next generation of leaders, predicting the coronavirus crisis will “weigh heavily ... ( read original story ...)

Posted on 06/07/2020

Singapore election must offer new vision for economy

Economically speaking, though, Singapore is proving uniquely susceptible to its global fallout. Lee is, of course, the son of Lee Kuan Yew, who between 1959 and 1990 morphed a former British colony ... ( read original story ...)

Posted on 06/07/2020

Explainer: Why one party dominates Singapore politics

Singaporeans are expected to return the People's Action Party to power in a July 10 general election, extending its unbroken rule since the Southeast Asian island's independence in 1965. ( read original story ...)

Posted on 06/07/2020

Coronavirus in Singapore: Election campaigning without the handshakes

For some politicians, campaigning season is one of the few times they have to get up close and personal with the public, as they try to persuade people to vote them into office. But the global ... ( read original story ...)

Posted on 06/07/2020

Singapore Invokes Fake-News Law to Defend Migrant Workers’ Tests

Singapore’s government defended its stand on the testing of migrant workers, the biggest cluster of its coronavirus outbreak, issuing five corrective directions under its fake-news law to media ... ( read original story ...)

Posted on 06/07/2020

Virus pushes Singapore politicians into social media square off

Packed rallies are out, along with their cheers and jeers. In comes the internet, with its memes and trolls. The era of social distancing ushered in by the deadly coronavirus has forced Singapore's ... ( read original story ...)

Posted on 06/07/2020

Singapore issues multiple correction orders in early days of election rallies

Several correction directives have been issued to opposition political parties and online news sites over statements made this past week, as candidates begin their campaign trail for Singapore's July ... ( read original story ...)

Posted on 05/07/2020

China Beverage Firm Wahaha Said to Mull IPO Above $1 Billion

Hangzhou Wahaha Group Co., one of China’s biggest drink makers, is weighing an initial public offering that could raise more than $1 billion, according to people with knowledge of the matter. ( read original story ...)

Posted on 05/07/2020

UPDATE 1-Philippine broadband firm Converge ICT files for up to $725 mln IPO

Philippine fiber broadband services provider Converge ICT Solutions Inc, on Friday filed for an initial public offering (IPO) of up to 35.92 billion pesos ($725 million) on the local bourse, braving ... ( read original story ...)

Posted on 05/07/2020

Coronavirus: Why Singapore turned to wearable contact-tracing tech

The wearable devices complement the island's existing contact-tracing app, to identify people who might have been infected by those who have tested positive for the virus. All users have to do is ... ( read original story ...)

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