Singapore Customs will also investigate them for the possession of duty-unpaid cigarettes. “This is one good example of a member of the public working closely with the police to safeguard our waters ... ( read original story ...)
Singapore based Fintech 360F and Zurich Middle East Introduce Solution for Digitizing Entire Financial Process
Singapore based Fintech firm 360F and Zurich Middle East introduce solution for digitizing entire financial process. ( read original story ...)
This Time, India Is Getting a Bank Rescue Right
Another Indian bank has failed, the third collapse of a major deposit-taking institution in 15 months and the first since the onset of the coronavirus pandemic. But instead of allowing a zombie lender ... ( read original story ...)
Business Live: Shares flat as focus shifts to rising coronavirus cases; troubled Lakshmi Vilas Bank set to be handed over to Singapore’s DBS
India set to hand troubled Lakshmi Vilas Bank to Singapore's DBS. Th troubled lender may have a suitor, after all. Reuters reports: "Lakshmi Vilas Bank is set to be folded into th ... ( read original story ...)
How RBI moved quickly to save Lakshmi Vilas Bank, and why it chose Singapore’s DBS for merger
The top three foreign banks in India — Citibank, Standard Chartered and HSBC — have not ... DBS was set up by the government of Singapore, and it is controlled through Temasek Holdings — Singapore’s ... ( read original story ...)
‘Novel methods’ being used to smuggle drugs into Singapore amid COVID-19 restrictions: CNB
Drug traffickers and syndicates operating in Singapore are using "novel" smuggling methods to exploit COVID-19 travel restrictions, the ... ( read original story ...)
Singapore’s Leader Welcomes LGBTQ People in Tech Talent Pitch
Gay and lesbian people are “valued members of society” and welcome in Singapore, Prime Minister Lee Hsien Loong said Wednesday, in a statement that is at odds with his government’s resistance to ... ( read original story ...)
Credit Bureau Asia files for SGX IPO
SINGAPORE (THE BUSINESS TIMES) - Credit Bureau Asia (CBA), a credit and risk information solutions provider, has lodged a preliminary prospectus for a mainboard listing on the Singapore Exchange (SGX) ... ( read original story ...)
Lakshmi Vilas Bank: India is getting a bank rescue right this time
The moth-eaten LVB will cease to exist, its equity completely wiped out.Only its deposits will appear on the books of the India unit of DBS Group Holdings Ltd, Singapore’s biggest bank ... ( read original story ...)
‘All Eyes’ on the Hong Kong-Singapore Travel Bubble as Other Asian Countries Prepare for More, Bookings Firm Says
All eyes will be on Singapore and Hong Kong’s forthcoming quarantine-free travel bubble, as Asia’s tourism boards prepare for similar arrangements, said Klook. ( read original story ...)
Challenges before DBS in Lakshmi Vilas Bank merger
The merger of Lakshmi Vilas Bank, an old private sector bank from India, with a foreign bank like Singapore-based DBS Bank is expected to bring its own set of challenges Bank mergers in India have got ... ( read original story ...)
Singapore’s Sea Tumbles as E-Commerce Shows Signs of Slowdown
The Singapore-based company’s revenue doubled to $1.2 billion for the quarter and it boosted annual forecasts for two key businesses. But net losses also doubled to $419.9 million and ... ( read original story ...)
Buying or renting your own place in Singapore? Here’s a guide to help you
So, you want to get a “bachelor pad”, which essentially, is a home for a single man to call his own. (For women, it’s usually referred to as a “bachelorette pad”, but in this article, we’ll use the ... ( read original story ...)
Singapore Biotech Firm Hopes for ‘Widespread’ Release of New Covid-19 Treatment by Early 2021
A new Covid-19 treatment could become available in Singapore and beyond by early-2021 as biotech company Hummingbird Bioscience trials its experimental therapy. ( read original story ...)
Singapore Stock Market May Run Out Of Steam On Wednesday
The Singapore stock market has climbed higher in two straight sessions, advancing more than 65 points or 2.4 percent along the way. The Straits Times Index now rests just beneath the 2,780-point ... ( read original story ...)
ST Engineering to reorganise into commercial and defence & public security clusters
SINGAPORE (THE BUSINESS TIMES) - Mainboard-listed ST Engineering will be reorganised into two main clusters from the new year - commercial, and defence & public security, which replace the ... ( read original story ...)