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Month: August 2020

Posted on 17/08/2020

Singapore Shares May Be Stuck In Neutral On Monday

Among the actives, Singapore Technologies Engineering surged 3.67 percent, while Hongkong Land Holdings plummeted 3.17 percent, Singapore Airlines soared 2.16 percent, SAT spiked 2.08 percent, ... ( read original story ...)

Posted on 17/08/2020

Some economic bright spots remain for Singapore despite the overall challenging conditions

With global production lines resuming operations, TranZplus Engineering’s Nelson Lim is confident business will pick up in the coming ... ( read original story ...)

Posted on 17/08/2020

Founder of oil trader Hin Leong, OK Lim, charged in Singapore court in forgery case

Lim Oon Kuin, founder of troubled Singapore oil firm Hin Leong Trading (Pte) Ltd, was charged in Singapore court on Friday with abetment of forgery for the purpose of cheating, police said. By Jessica ... ( read original story ...)

Posted on 17/08/2020

Singapore Govt Increases Stake in ICICI Bank

In a regulatory filing, the bank said that the government of Singapore was offered over 4.64 crore shares in the QIP amounting to 11.08 per cent stake. ( read original story ...)

Posted on 16/08/2020

The Fullerton Bay Hotel Singapore: Luxurious bubble in old and new worlds

I admire the illuminated skyline from my waterfront jacuzzi, where I am taking a near-midnight dip after stepping out of a monogrammed bathrobe at The Fullerton Bay Hotel Singapore.. Read more at ... ( read original story ...)

Posted on 16/08/2020

The Capitol Kempinski Hotel Singapore: Sumptuous stay in the Civic District

I went from being holed up at home for months - deathly kiasi - straight to a luxury staycation at The Capitol Kempinski Hotel Singapore on a media stay. The five-star property comprises two former ... ( read original story ...)

Posted on 16/08/2020

8 arrested over fraudulent registering of prepaid SIM cards after islandwide raids on mobile phone shops

Eight people have been arrested on suspicion of fraudulently registering prepaid SIM cards, which may be used by criminals for ... ( read original story ...)

Posted on 16/08/2020

StanChart, NTUC Enterprise plan digital-only bank in Singapore

Standard Chartered Plc is planning its second digital-only bank in Asia, teaming up with a NTUC Enterprise, according to people familiar with the matter.. Read more at straitstimes.com. ( read original story ...)

Posted on 16/08/2020

Government of Singapore increases stake in ICICI Bank

The Government of Singapore has increased its stake in ICICI Bank as it took up 11.08 per cent stake in the latest qualified institutional placement (QIP) of the bank's shares with an investment of Rs ... ( read original story ...)

Posted on 16/08/2020

Singapore Seafarers; Victoria Extends Emergency: Virus Update

Singapore said it found additional cases of coronavirus infections among seafarers who arrived in Singapore from India on a vessel, adding to challenges for the city-state that’s gingerly seeking ... ( read original story ...)

Posted on 16/08/2020

44% of Singapore’s Population Tired of Health Measures against Coronavirus, Shows Survey

One in five saw checking in with SafeEntry, an app-based check-in and check-out for visiting common public places, as a nuisance, while 14 per cent were unhappy about having to limit the size of ... ( read original story ...)

Posted on 16/08/2020

Every major Asian market has a Nasdaq-wannabe. Can Hong Kong or Shanghai tech boards close the gap?

The Nasdaq has many advantages over the tech boards in Hong Kong, Shanghai, Tokyo and Seoul. These advantages include America’s appeal to global investors and the Silicon Valley network. ( read original story ...)

Posted on 16/08/2020

Backpacker hostels in Singapore struggle to keep afloat amid COVID-19

Staycations are keeping the cash registers ringing at local hotels amid the pandemic, but backpacker hostels are out in the cold. Hostel owner Jacquelyn Chan put it in a nutshell: ... ( read original story ...)

Posted on 16/08/2020

Hyundai Motor to Make Electric Cars in Singapore: Straits Times

Hyundai Motor Co. will manufacture electric vehicles in Singapore starting in 2022, the Straits Times reported. ( read original story ...)

Posted on 16/08/2020

Singapore central bank picks up 11% of ICICI Bank’s Rs 15,000 crore QIP

Singapore’s central bank, the Monetary Authority of Singapore has emerged the largest investors in ICICI Bank’s qualified institutional placement of s ... ( read original story ...)

Posted on 16/08/2020

Overseas property investment idea – many young Singaporeans open to it

A 2018 survey of young Singaporeans has suggested that many young Singaporeans are open to the overseas property investment idea. The survey by international money transfer specialist WorldFirst said ... ( read original story ...)

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