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Month: May 2023

Posted on 05/05/2023

FedEx Plans to Move Asia Headquarters, Executives to Singapore From Hong Kong

FedEx Corp. is planning on moving its Asia-Pacific regional headquarters to Singapore from Hong Kong — another blow to the city’s image as an international business hub.

Posted on 04/05/2023

What caught your eye this week? (Arm IPO, Smallest LED, Telexistence technologies)

Nasa highlights that the Czech Republic has become the 24th country to sign the Artemis Accords. The Register reports that the U.S. President Joe Biden is proposing tax “designed to counter the ...

Posted on 04/05/2023

Singapore’s Moment Is Here. Will It Last?

The city-state has stolen a march on rival Hong Kong, but rising U.S.-China tensions and a housing bubble are looming threats.

Posted on 04/05/2023

Woman gets 6 months’ jail for arranging sham marriage so daughter can extend stay in Singapore

Hoping to find a way for her daughter to remain in Singapore for a prolonged period of time, Luong Thi My Hang hatched a plan to arrange a paid marriage-of-convenience between her daughter and a ...

Posted on 04/05/2023

Singapore COE prices fall for all but one category in first bid with new quota

SINGAPORE — Certificate of Entitlement (COE) premiums fell in all categories with the exception of Category C vehicles, based on the latest bidding exercise which closed on Thursday (4 May). This is ...

Posted on 04/05/2023

Singtel offers insurance plan that waives customers’ mobile bill up to $600 if they are retrenched

SINGAPORE – Singtel postpaid mobile users who are eligible can get one year of free insurance coverage for their bills in the event of retrenchment or accidental death. The local telco and Etiqa ...

Posted on 04/05/2023

Technology enables conversion of mobile phone cameras into high-resolution microscopes

Researchers in Singapore have developed the world's smallest LED (light ... into microscopes via only modifications to the silicon chip and software. This technology also represents a significant step ...

Posted on 04/05/2023

Alibaba’s Global Online Commerce Arm Weighs a US IPO

Deliberations around an IPO are very preliminary and the situation may change ... It competes with Amazon and Sea Ltd.’s Shopee in Southeast Asian markets such as Thailand, Malaysia and Singapore. In ...

Posted on 04/05/2023

Lawrence Wong: In Singapore, the Prime Minister has to be a real estate agent, so I’m learning and brushing up my skills

SINGAPORE: Deputy Prime Minister and Finance Minister Lawrence Wong tackled Singapore’s property prices in a speech earlier this week, saying, perhaps only partially in jest, that “in Singapore, the ...

Posted on 04/05/2023

Singapore girl, 14, asked to send nudes to repay scam ‘debt’ up to $11,000

Scammers posing as a job agent conned a 14-year-old girl of over $1,100, and even followed up with threats to her to send nudes to pay off her debts. Mandarin newspaper Shin Min Daily News reported ...

Posted on 04/05/2023

The Climate Conversations – S4E3: A Singapore scientist takes a 60-hour journey to Antarctica to see climate change up close

Losing his luggage and standing on an ice sheet in a t-shirt was not how Professor Benjamin Horton thought his trip to Antarctica would go. But he and PHD student Tan Fang Yi tell Julie Yoo why they ...

Posted on 04/05/2023

UOB to invest over $500 mil to build new global technology and innovation centre in Punggol

UOB, on April 18, announced that it will invest over $500 million to build its new global technology and innovation centre in JTC’s Punggol Digital District, becoming the first local bank to do so.

Posted on 04/05/2023

Fresh pork back on sale in Singapore’s wet markets, but prices have gone up

Some pork sellers said they have had to pay about 30 per cent more for the new stock from Sarawak, and the higher costs will be passed down to customers.

Posted on 04/05/2023

UOB deepens its regional roots

Wee Ee Cheong, talks about challenges in expanding its regional network and retail bank, investing in tech and talent, succession ...

Posted on 04/05/2023

Despite record earnings, generous dividends, analysts lukewarm towards DBS as outlook turns cautious

Despite reporting record net profit of $2.57 billion in 1QFY2023 ended March after setting aside $99 million in general provisions and adding $200 million to its management overlays, analysts are not ...

Posted on 04/05/2023

Exports did reasonably well, need services boost to hit $2 trillion: National University of Singapore’s Amitendu Palit

Outbound shipments may have to navigate difficult waters as the globe is headed towards a slowdown and the effects of de-globalisation and fragmentation of supply chains show up, says the Senior Resea ...

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