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Month: August 2021

Posted on 28/08/2021

Poor end to week as Singapore stocks drop 1% as ‘taper tantrum’ fears resurface; performance lowest in over 3 months

Singapore stocks dropped 1% on Friday (Aug 27) as investors cut exposure to riskier assets over concerns of a shift in the US Federal Reserve's pandemic-era accommodative stance and fears of ... ( read original story ...)

Posted on 28/08/2021

113 new locally transmitted COVID-19 cases in Singapore; 25 linked to Bugis Junction cluster

SINGAPORE: Singapore reported 113 new locally transmitted COVID-19 infections as of noon on Saturday (Aug 28), including 25 linked to the growing Bugis Junction cluster.  Of the remaining 88 locally ... ( read original story ...)

Posted on 28/08/2021

Singapore Buy Now Pay Later Market report 2021: BNPL Payments are Expected to Grow by 52.1%

The "Singapore Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook - 75+ KPIs on Buy Now Pay Later ... ( read original story ...)

Posted on 28/08/2021

LIC IPO: Issue Price, Objective, Lenders, Financial Performance. What We Know So Far

The Life Insurance Corporation (LIC) is planning to open its initial public offering (IPO), likely in the second half of FY20-FY21 according to reports. ( read original story ...)

Posted on 28/08/2021

Singapore and Malaysia police bust transnational job scam syndicate in joint operation

SINGAPORE: A transnational scam syndicate believed to be responsible for job scams involving more than S$1.3 million was dismantled in a joint operation by the Singapore Police Force (SPF) and Royal ... ( read original story ...)

Posted on 28/08/2021

Singapore tightens border measures for travellers from New Zealand

Singapore will be tightening its border measures for travellers from New Zealand, due to the increase in the number of COVID-19 cases there. ( read original story ...)

Posted on 28/08/2021

Singapore tightens border measures for travellers from New Zealand after rise in COVID-19 cases

Travellers from Jiangsu province in China will no longer have to serve a stay-home notice if their COVID-19 PCR test upon arrival is negative. ( read original story ...)

Posted on 28/08/2021

Singapore could experience heavier rain over the next two months due to Indian Ocean Dipole

SINGAPORE - Heavier rain is expected over Singapore in the next two months, due to the influence of a weather phenomenon known as the Indian Ocean Dipole (IOD), which entered a negative phase this ... ( read original story ...)

Posted on 28/08/2021

Gemini Edible And Fats IPO: With Rs 2500 Crore Worth Shares On Offer, Here’s What One Should Know

The shareholders are expected to offload Rs 2,500 crore worth of shares. However, the Securities and Exchange Board of India (SEBI) has kept both the GEF and Adani-Wilmar IPOs in abeyance for now. ( read original story ...)

Posted on 28/08/2021

LIC IPO: Govt. of India Selects 10 Banks to Manage the Issue

India has selected 10 investment banks including Goldman Sachs, Citigroup and SBI Capital Market to handle the initial public offering of Life Insurance Corp of India, two government sources said, in ... ( read original story ...)

Posted on 28/08/2021

Covid-19 rapid test kits to be mailed to all households in Singapore

Distribution via SingPost will be from Saturday to Sept 27 as people are urged to play a bigger role in managing the pandemic.. Read more at straitstimes.com. ( read original story ...)

Posted on 28/08/2021

Singapore can seize opportunities in increasingly digital, green and borderless world: Gan Kim Yong

These include technology and trade, accelerating industry consolidation and churn, and increasing consumer preference for e-commerce and virtual experiences. "These shifts will cause a great impact on ... ( read original story ...)

Posted on 28/08/2021

Eight men arrested for illegally entering Singapore by trying to swim ashore near Tuas after similar incident in June

The police have arrested eight men, aged 21 to 55, who jumped off a fibreglass boat and were swimming to shore near Tuas yesterday (August 27). The men, whose nationality was not stated, will be ... ( read original story ...)

Posted on 28/08/2021

Centre selects 10 banks to manage Life Insurance Corp IPO

The government expects to raise 800 billion-900 billion rupees ($11 bln-12.2 bln) from its stake sale in Life Insurance Corp (LIC), as part of its plans to raise 1.75 trillion rupees from a privatisat ... ( read original story ...)

Posted on 28/08/2021

DBS scheme lets seniors borrow against private home to top up CPF as a way to generate more monthly income

Seniors living in private residences may be able to generate extra income from their property with the launch of a new loan scheme from DBS bank. ( read original story ...)

Posted on 28/08/2021

Digital Horizon Venture Fund Invests in Honest Bank Series A

Digital Horizon Venture Fund this week was among the investors in Singapore Fintech Honest Bank’s Series A financing round. The company raised a total of $19.7 million, with the round led by Insignia ... ( read original story ...)

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