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Month: July 2021

Posted on 29/07/2021

Singapore’s champion and the fight to defend his Olympic crown: Joseph Schooling’s Tokyo challenge

TOKYO: Who can forget that Saturday morning in Singapore five years ago when Joseph Schooling stunned the world at the Rio Olympics. His ... ( read original story ...)

Posted on 29/07/2021

Of 136 new COVID cases in Singapore, 29 linked to Jurong Fishery Port and KTVs

The Ministry of Health (MOH) on Wednesday (28 July) reported 136 new COVID-19 cases in Singapore, taking the country's total case count to 64,589. ( read original story ...)

Posted on 29/07/2021

mm2 Asia gets offer for Cathay cinema business

Singapore-listed mm2 Asia has received an offer for its Cathay cinema business from local financial investment firm Kingsmead Properties.. Read more at straitstimes.com. ( read original story ...)

Posted on 29/07/2021

Singapore Wealth Fund Joins Fortress’s Bid for Morrison

Singapore’s sovereign wealth fund is joining Fortress Investment Group’s 6.3 billion pound ($8.75 billion) bid for Wm Morrison Supermarkets Plc as the battle for Britain’s fourth largest grocer heats ... ( read original story ...)

Posted on 29/07/2021

Daily briefing: Shipping rates may rise further: analyst; 4 global firms to set up shop in ‘smart business district’

US Defence Secretary. From CNBC Shipping rates have increased, but not to their highest, an analyst said as the industry is not yet headed to a “supercycle.” Shipping rates increased this year as the ... ( read original story ...)

Posted on 29/07/2021

CDL’s Chia Ngiang Hong on Singapore’s property trends and future opportunities

Chia Ngiang Hong, group general manager of City Developments Limited (CDL) on the local luxury residential market. ( read original story ...)

Posted on 29/07/2021

US has ‘no plans right now’ to increase LCS presence in Singapore, says Navy chief

CNO Adm. Mike Gilday said that “there are no plans right now to actually increase the numbers that rotate in and out of Singapore,” adding that he thinks the current operating model meets the Navy’s ... ( read original story ...)

Posted on 29/07/2021

COVID-19: Private investment to recover mid-2022: DBS

Private consumption, which has taken a hit due to a local COVID-19 outbreak that started in May, is not expected to recover until the middle of next year, given Taiwan’s low vaccination coverage and a ... ( read original story ...)

Posted on 29/07/2021

5 new Covid-19 clusters in S’pore, bakery business in Jurong to close til Aug. 12

The Ministry of Health (MOH) has preliminarily confirmed 136 new cases of Covid-19 infection in Singapore as of 12pm on Wednesday (July 28). This brings the total number of Covid-19 cases reported in ... ( read original story ...)

Posted on 29/07/2021

M1 launches 5G Standalone network in Singapore

M1 plans to accelerate the roll out of its 5G SA network and extend its coverage to about 75% nationwide by the end of the 2021 ... ( read original story ...)

Posted on 28/07/2021

Why Singapore’s central bank chief Ravi Menon has been airing views on wealth tax, immigration and climate change

In a series of lectures, Menon has discussed the arguments for a minimum wage, immigration and a higher carbon tax to combat climate change. ( read original story ...)

Posted on 28/07/2021

Singapore’s central bank lifts dividend restrictions on local banks

SINGAPORE - Restrictions imposed during the pandemic last year that capped dividend payouts from local banks and finance companies have been lifted.. Read more at straitstimes.com. ( read original story ...)

Posted on 28/07/2021

Report: Singapore’s GIC leads $53m round of IPO-bound Indian travel startup

Online travel app Ixigo has raised US$53 million from investors led by Singapore sovereign wealth fund GIC, ahead of its proposed initial public offering,” the Economic Times reported, citing ... ( read original story ...)

Posted on 28/07/2021

Ola expands ESOPs pool to Rs 3,000 crore ahead of IPO

Ola is also giving employees an additional Rs 400 crore in stocks in the run-up to its IPO. The allocation rewards Ola's high-impact employees and will lead to long-term wealth creation for them, the ... ( read original story ...)

Posted on 28/07/2021

MAS lifts dividend cap on banks, finance companies

SINGAPORE: The Monetary Authority of Singapore (MAS) on Wednesday (Jul 28) announced it would lift dividend restrictions on local banks and ... ( read original story ...)

Posted on 28/07/2021

Of 136 new COVID cases in Singapore, 29 linked to Jurong Fishery Ports and KTVs

The Ministry of Health (MOH) on Wednesday (28 July) reported 136 new COVID-19 cases in Singapore, taking the country's total case count to 64,589. ( read original story ...)

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