The Schneuwly's predicament shines a light on the difficult position Singapore's government finds itself in. Its economy has traditionally relied on the many foreigners who live and work in the ... ( read original story ...)
Singapore, Sydney, Seoul and Taipei: How property prices in four Asia-Pacific cities stack up
Real estate prices in Asia-Pacific have boomed as homebuyers take advantage of pandemic-induced stimulus and international investors look to invest their cash. ( read original story ...)
NETS Appoints UOB’s Head of Group Tech and Operations as New Chairman
NETS appointed Susan Hwee, UOB’s Head of Group Technology and Operations as its new Chairman from 1 September 2021 onwards. ( read original story ...)
Singapore Billionaire Brothers Win Mixed-Use Site With $766 Million Bid As Housing Market Heats Up
Far East Organization and Sino Group—both controlled by billionaire brothers Robert and Philip Ng—won the auction for a hotly contested mixed-use commercial and residential site in western Singapore. ( read original story ...)
Singapore GRMs improve, but they are not enough
Benchmark Singapore gross refining margins (GRMs) have increased in August. GRM is the margin refiners earn from turning every barrel of crude oil into fuel products. “Singapore GRM is at a 22-month ... ( read original story ...)
Singapore Airlines pivots further into e-commerce with Kris+ app and bookings site Pelago
S'pore's national carrier has doubled down on e-commerce to stay ahead amid a battered aviation outlook, via a digi wallet and bookings site. The iconic Singapore Girl greeting us at the passenger ... ( read original story ...)
mm2 to sell cinema business including Cathay for S$84.8M to cope with Covid-19 financial woes
Asia is selling their cinema business under Cathay to Kingsmead Properties for S$84.8 million amid financial woes caused by Covid-19. Cinema operator mm2 Asia, under the Cathay brand, is in talks with ... ( read original story ...)
Temasek-founded Aicadium acquires Singapore AI firm BasisAI
Aicadium, a global technology company founded by Temasek and dedicated to creating and scaling AI solutions, today announced the acquisition of BasisAI, a Singapore-based provider of scalable and ... ( read original story ...)
As scammers preyed on Covid-19 anxieties, crimes in Singapore rose 11.2pc in first half of 2021
The number of crimes reported in Singapore in the first half of this year rose 11.2 per cent from the same period a year ago, mainly driven by a 16 per cent rise in scams that took advantage of people ... ( read original story ...)
Half a million Pfizer doses from Singapore secured to help Australia’s COVID-19 vaccine rollout
Singapore will soon send half a million Pfizer COVID-19 vaccine doses to Australia as part of a "swap" between the two countries, delivering a boost to the nation's vaccination program. ( read original story ...)
Stock Market Today: SGX Nifty edges 20 pts lower; Asian markets off to weak start; China’s PMI readings disappoints
China's factory activity expanded at a slower pace in August, as coronavirus-related restrictions and high raw material prices pressure businesses in the world's second-largest economy. The official ... ( read original story ...)
StanChart Forms JV with Linklogis for Blockchain-Based Trade Finance Platform
Standard Chartered has formed a joint venture with Linklogis to establish a blockchain-enabled trade finance platform dubbed as Olea. ( read original story ...)
OCBC Bank’s fraud detection recovers SG$8 million in losses
Fraud detection solutions continue to grow in demand as more organizations look to implement them. While cybercriminals still manage to avoid them, most ... ( read original story ...)
Ex DBS Bank Australia boss joins funds manager Aura Group
Pan Asian funds manager Aura Group has pulled a rabbit out of the hat, securing seasoned banker Helen Yap as an independent non-executive director on its board. ( read original story ...)
Singapore has a new richest person with US$20 billion fortune
Forrest Li, Sea Ltd.’s billionaire co-founder, chairman and CEO, has become Singapore’s richest person as shares of his company surged. ( read original story ...)
New startup founded by Temasek acquires Singapore AI firm
Aicadium, a tech firm based in Singapore and the founded by Temasek, today announced the acquisition of BasisAI, a provider of scalable and responsible AI software. Specific details about the deal ... ( read original story ...)