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Month: August 2022

Posted on 04/08/2022

MHA reminds foreign businesses to be ‘careful’ about advocating LGBT issues in Singapore

SINGAPORE: The Ministry of Home Affairs (MHA) on Thursday (Aug 4) reminded foreign businesses to be “careful” about advocating lesbian, gay, bisexual, and transgender (LGBT) issues in ... ( read original story ...)

Posted on 04/08/2022

Singapore Joins Green Finance Bonanza With 50-Year Bond

Singapore began marketing its first green bond, choosing a 50-year tenor as it joins countries from South Korea to Egypt looking to fund the battle against climate change. Most Read from BloombergThis ... ( read original story ...)

Posted on 04/08/2022

Singapore Suspends Glencore’s Ship Fuel License on Contamination

Singapore suspended Glencore Plc’s license to sell ship fuel after the company sold contaminated products despite testing indicating the fuel was tainted, according to the port authority. ( read original story ...)

Posted on 04/08/2022

Singapore execution toll set to climb after inmates’ complaint of no access to counsel dismissed

The judge says the cost orders slapped on those who represented death row prisoners are justified, and that lawyers might have 'perfectly valid' reasons for refusing to take up such cases. ( read original story ...)

Posted on 04/08/2022

China’s top VCs flock to Singapore, build local offices to seize SE Asia’s growth potential

Chinese top-tier venture capital (VC) companies have joined a growing list of global investors to set up new offices in Singapore to seize the upside potential of Southeast Asias ... ( read original story ...)

Posted on 04/08/2022

Tiger Brokers (Singapore) Welcomes Azimut Investment Management on Institutional Platform

Azimut Investment Management is one of the largest External Asset Managers (EAM) in Singapore Onboarding allows for second-generation high net worth young investors to transact on Tiger Brokers' ... ( read original story ...)

Posted on 04/08/2022

DBS Q2 profit up 7% to $1.82 billion, topping forecasts

DBS joined peers OCBC and UOB in reporting earnings that were boosted by rising interest rates. Read more at straitstimes.com. ( read original story ...)

Posted on 04/08/2022

UPDATE 4-DBS Q2 profit tops estimates as banks benefit from rising interest rates

Singapore's DBS Group reported a 7% rise in quarterly net profit that came in slightly above market estimates and gave a robust outlook as Southeast Asia's largest lender gains from sharply higher ... ( read original story ...)

Posted on 04/08/2022

DBS Second Quarter Profit Beat Driven by Lending Income

DBS Group Holdings Ltd. said profit rose in its second-quarter, driven by higher lending income though gains were offset by declines in wealth management and investment banking fees. ( read original story ...)

Posted on 04/08/2022

Johor poultry farmers want Singapore export ban lifted, fear competition from Indonesia

Johor poultry farmers have reportedly urged the federal government to lift the chicken export ban to Singapore, citing concerns that the country would ... ( read original story ...)

Posted on 04/08/2022

China’s State Grid to invest $22 billion in ultra high voltage power lines – report

China's State Grid plans to invest more than 150 billion yuan ($22 billion) in the second half of 2022 in ultra high voltage (UHV) power transmission lines, state media Xinhua News reported on ... ( read original story ...)

Posted on 04/08/2022

Singapore’s MPA suspends Glencore’s bunkering licence over fuel contamination

The Maritime and Port Authority of Singapore (MPA) said on Wednesday it will suspend Glencore Singapore's bunkering licence for two months after the company was found to have supplied contaminated ... ( read original story ...)

Posted on 04/08/2022

Prosecution says Singapore YouTuber Dee Kosh has shown no remorse for sex offences, seeks five to eight months’ jail

A prosecutor has argued that YouTube personality and former radio deejay Dee Kosh has not shown any remorse for soliciting paid sex acts from minors, ... ( read original story ...)

Posted on 04/08/2022

Revolut launches cryptocurrency trading in Singapore

FINTECH company Revolut has launched a cryptocurrency service in Singapore, allowing users to buy, hold and sell over 80 tokens through its app. Read more at The Business Times. ( read original story ...)

Posted on 04/08/2022

Commonwealth Games: Singapore’s Shanti Pereira fails to qualify for women’s 100m final

SINGAPORE: Sprinter Shanti Pereira failed to qualify for the 100m final at the Commonwealth Games after clocking a time of 11.57s in the semis on Wednesday (Aug 3). Pereira's time was slightly slower ... ( read original story ...)

Posted on 04/08/2022

HSBC faces scepticism as pushback against breakup call starts

HSBC Holdings Plc kickstarted its public fightback against Ping An Insurance Group Co’s push to break it up this week. The early indications are that the lender has a long way to go to convince some ... ( read original story ...)

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