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Month: March 2021

Posted on 23/03/2021

Shares in Singapore’s CapitaLand surge on restructuring plan

Shares of Singapore's largest developer CapitaLand soared in morning trade on Tuesday after the company unveiled a major restructuring plan aimed at fetching higher valuations for its real estate ... ( read original story ...)

Posted on 23/03/2021

Malaysian mission in Singapore stops walk-ins for passport applications after complaints of long queues

After recent complaints of long queues at its premises, the High Commission of Malaysia in Singapore has reportedly stopped accepting walk-in applicants looking to renew their passports. ( read original story ...)

Posted on 23/03/2021

Singapore businessman linked to alleged fraud of record S$1 billion charged

A businessman charged on Monday (March 22) has been linked to an alleged fraud involving at least S$1 billion, the largest in Singapore's history. ( read original story ...)

Posted on 23/03/2021

Hyundai Motor Company and Singtel collaborate to advance Singapore’s smart mobility ecosystem and Industry 4.0 journey

Hyundai Motor Company and Singtel today signed a Memorandum of Understanding (MOU) to collaborate on a range of ventures to support smart manufacturing and connectivity for electric vehicle battery ... ( read original story ...)

Posted on 23/03/2021

Businessman Charged for Cheating Investors of $1b to Finance Nickel Trading Scheme

The investments were supposed to finance nickel trading activities, but the authorities now believe this was a sham. It’s reportedly one of the largest financial fraud cases in Singapore. At the ... ( read original story ...)

Posted on 23/03/2021

Singapore to disburse S$940 million in wage credits by end-March

The government will co-fund 15% of qualifying wage increases given in 2017, 2018, 2019, and 2020 to more than 800,000 Singaporean employees. ( read original story ...)

Posted on 23/03/2021

Small businesses lagging behind larger peers in digitalisation

The UOB SME Outlook 2021 Study, published yesterday, was conducted from late November to early December among companies with revenue of less than $100 million. Its aim was to understand the rate of ... ( read original story ...)

Posted on 23/03/2021

Small businesses lagging behind in digital transformation: Survey

Small businesses are lagging behind their larger peers in digital transformation, a survey has found.. Read more at straitstimes.com. ( read original story ...)

Posted on 23/03/2021

Commentary: The changing geopolitics of clean energy will impact Singapore’s Green Plan

As Singapore transforms itself to reduce its reliance on fossil fuels, it will find that it is still vulnerable to geopolitical and economic ... ( read original story ...)

Posted on 23/03/2021

Tourism Lull From Thailand to Singapore Is Damping Oil Demand

Southeast Asian oil and fuel demand has hit a plateau after an initial recovery from the Covid-19-induced slump and appears unlikely to get back to pre-virus levels until the end of the year or later. ( read original story ...)

Posted on 23/03/2021

Nokia helps JV launch standalone 5G network in Singapore

Nokia was picked by Antina, a joint venture between operators M1 and Starhub, for standalone (SA) 5G networks across Singapore. ( read original story ...)

Posted on 23/03/2021

Finxflo Announces Addition of Chief Compliance Officer Mark Hope to Growing Team

Finxflo has today announced that Mark Hope will join their rapidly expanding ranks as Chief Compliance Officer on 1 April 2021. He will be based in the company's Singapore headquarters, where he will ... ( read original story ...)

Posted on 23/03/2021

Singapore’s DBS Private Bank aims for 50% sustainable assets by 2023

Singapore’s DBS Private Bank has set a target of at least 50% of assets under management in sustainable investments by 2023, up from around 41% currently. The private banking arm of Singapore lender ... ( read original story ...)

Posted on 23/03/2021

Nokia selected by Antina JV for 5G Standalone network in Singapore

The 5G Standalone network will use the 3.5 GHz spectrum band. The joint venture between Singapore’s M1 and Starhub, Antina, has selected Nokia to support the establishment of a ... ( read original story ...)

Posted on 23/03/2021

Singapore and UAE reaffirm bilateral ties, seek greater tech collaboration

Partnerships in the areas of innovation and artificial intelligence are also on the cards.. Read more at straitstimes.com. ( read original story ...)

Posted on 22/03/2021

Barclays, HSBC Among Banks That Must Defend Sibor Lawsuit

More than a dozen large banks including Barclays Plc and HSBC Holdings PLC must face a 2016 lawsuit alleging they manipulated benchmark interest rates. ( read original story ...)

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