Chinese gaming and social media company Tencent has announced it will cut its stake in Singapore-based gaming and e-commerce firm Sea. ( read original story ...)
Ex-VP at UOB jailed after misappropriating nearly $5m from customer
He passed the bulk of the amount to a woman to support her nail spa business. . Read more at straitstimes.com. ( read original story ...)
South Korea’s Naver and Kakao Follow Binance Out of Singapore
Significantly, Naver also sits behind the globally popular mobile messenger app LINE ... Just last month, Binance withdrew its application to operate as a crypto exchange in Singapore. The withdrawal ... ( read original story ...)
Singapore manufacturing activity expands at faster pace in December
SINGAPORE - Manufacturing activity grew for the 18th straight month in December, amid optimism in the industry that growth will continue into this year, data out on Tuesday (Jan 4) showed. . Read more ... ( read original story ...)
Singapore’s manufacturing PMI rises marginally to 50.7 in December 2021
The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, recorded a marginal increase of 0.1 points from the previous month to post a faster rate of expansion at ... ( read original story ...)
Singapore Manufacturing PMI Rises Slightly In December
Singapore's manufacturing growth improved marginally in December, after slowing slightly in the previous month, survey results from ... ( read original story ...)
Weekly Covid-19 infection growth rate rises above 1 for first time since Nov 12; 842 new cases in Singapore on Tuesday (Jan 4)
There were 842 new Covid-19 cases as at noon on Tuesday, including 502 imported infections, the Ministry of Health reported in its daily update. ( read original story ...)
Companies in Singapore looking to hold larger work-related events under new COVID-19 guidelines | Video
At least two companies that CNA spoke to have said that they plan to hold larger work-related events under the new COVID-19 guidelines, which permit up to 1,000 people. Authorities announced on ... ( read original story ...)
502 of 842 new COVID cases in Singapore are imported, 3 deaths
The Ministry of Health on 4 January 2022 confirmed 842 new COVID-19 cases in Singapore, bringing the country's total case count to 281,596. ( read original story ...)
Singapore Manufacturing Activity Improved in December
Singapore's manufacturing activity grew at a quicker pace in December, mainly due to a faster expansion of new orders, ... ( read original story ...)
China slashes refined fuel export quota, raises LSFO -sources
China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur ... ( read original story ...)
Share Market Live Updates: Sensex zooms 500 points, Nifty crosses 17,750; NTPC, PowerGrid, SBI top gainers
Benchmark indices extended gains in the second trading session of 2022 today. Sensex rose 423 points to 59,607 and Nifty climbed 108 points to 17,733 in afternoon session. Earlier, Indian benchmark ... ( read original story ...)
The future of digital banking in Asia: Laying regulatory frameworks over digital banking foundations
This is an extract from Finextra's The Future of Digital Banking in Asia 2022 report. McKinsey’s recent Personal Financial Services (PFS) Survey shows that adoption of digital banking in emerging ... ( read original story ...)
Tencent to Reduce Voting Stake in Singapore Tech Group Sea
Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, ... ( read original story ...)
Maid caring for woman with dementia gets jail for stealing $28,200 from employer
She sneaked off with the 82-year-old's debit card on 23 occasions and withdrew money. . Read more at straitstimes.com. ( read original story ...)
Ex-UOB VP pocketed nearly $5m from client for over a decade
For over a decade, a United Overseas Bank Vice President diverted close to $5 million of a customer's funds to a business partner for a nail spa business. ( read original story ...)