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Month: August 2020

Posted on 12/08/2020

Standard Chartered Bank partners with Microsoft to become a cloud-first bank

Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank's digital transformation through a cloud-first strategy. This partnership ... ( read original story ...)

Posted on 11/08/2020

Asian Insider, August 11: Singapore will not return to pre-Covid-19 world, US to label Hong Kong goods as ‘Made in China’

Singapore to chart new path now says Trade Minister Chan Chun Sing, US to label imports from Hong Kong as ‘Made in China’ in a blow to the Asian financial hub, global coronavirus tally crosses 20 ... ( read original story ...)

Posted on 11/08/2020

Singapore crushes ivory from around 300 elephants to deter illegal trade

Singapore started crushing nine tonnes worth of elephant ivory on Tuesday, in what authorities said was the biggest such event globally in recent years and signalled the island nation's fight against ... ( read original story ...)

Posted on 11/08/2020

Singapore will not return to pre-Covid-19 world, must chart a new path now: Chan Chun Sing

The Government will help businesses and workers make sense of, and adjust to, the new world, he said.. Read more at straitstimes.com. ( read original story ...)

Posted on 11/08/2020

Singapore Is Putting Trackers on Some Incoming Travelers to Make Sure They’re Following Quarantine Measures. Will the US and Australia Do the Same?

Experts told us they aren't convinced that a similar effort would work in the US or Australia because of privacy concerns. ( read original story ...)

Posted on 11/08/2020

Singapore marks World Elephant Day with ivory crush and new forensics centre

Singapore today crushed ivory from its largest ever seizure and more to signal its commitment to combating the illicit ivory ... ( read original story ...)

Posted on 11/08/2020

Singapore’s Incomlend Raises $20 Mn In Series A To Expand Its Market

Singapore-based Incomlend, an online invoice trading platform, on Tuesday announced it has raised $20 million funds in Series A round led by Sequoia India. The CMA CGM Group, a player in shipping and ... ( read original story ...)

Posted on 11/08/2020

Singapore crushes massive ivory haul on eve of World Elephant Day

Singapore began destroying nine tonnes of seized ivory Tuesday, the largest such action globally in recent years, including contraband tusks that came from more than 300 African elephants. The ... ( read original story ...)

Posted on 11/08/2020

EMERGING MARKETS-Thai, South Korean stocks hold to growth hopes, Singapore slips

Thailand and South Korea led gains for most of Asia's emerging currency and stock markets on Tuesday, bolstered by recent signs of an improving economic landscape in China and further heavy inflows of ... ( read original story ...)

Posted on 11/08/2020

Pandemic shrinks foreign exchange trading in major hubs but Singapore, Tokyo grab market share at Hong Kong’s expense

Coronavirus pandemic has chilled global financial markets by shrinking volume of currency trading. Tokyo and Singapore are early winners as Hong Kong slips. ( read original story ...)

Posted on 11/08/2020

Singapore non-oil exports now seen growing 3-5% in 2020, with ‘worse-case scenario for world trade unlikely’

Singapore's total merchandise trade decreased by 15.2 per cent in the second quarter of 2020 compared to a year ago, with declines in both oil and non-oil trade.. Read more at straitstimes.com. ( read original story ...)

Posted on 11/08/2020

The Big Read: Kept afloat by government lifelines, will ‘zombie companies’ haunt Singapore?

Several businesses have managed to hold on thus far due to various government help schemes, but may have to make the heart-wrenching decision to ... ( read original story ...)

Posted on 11/08/2020

Singapore Warns of Slow Recovery as Virus Slams Asia’s Exporters

Singapore's record recession was deeper than first thought in the second quarter, data showed on Tuesday, signalling a lengthy path to recovery as the coronavirus pandemic dealt a major blow to Asia's ... ( read original story ...)

Posted on 11/08/2020

Breakingviews – Hong Kong will be lucky to end up like Singapore

Hong Kong will be lucky to end up like Singapore, or even a second-tier Chinese city. Police arrested pro-democracy media mogul Jimmy Lai for “foreign collusion” on Monday. Meanwhile, Chief Executive ... ( read original story ...)

Posted on 11/08/2020

Lendlease Global Reit Q4 DPU misses IPO forecast on circuit breaker, rental reliefs

Lendlease Global Commercial Reit (Lendlease Global Reit) on Tuesday (Aug 110 posted a distribution per unit (DPU) of 0.48 cent for its fourth quarter ended June 30, 62.7 per cent lower than the ... ( read original story ...)

Posted on 11/08/2020

Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India

Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. ( read original story ...)

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