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Month: May 2023

Posted on 03/05/2023

Foreign chip makers stay on track with major projects in Singapore

SINGAPORE: Foreign chip makers and related firms here are sticking to their expansion plans despite Washington’s efforts to keep cutting-edge chips out of China and woo investments back to the United ...

Posted on 03/05/2023

Dyson to open battery plant in Singapore as part of US$3.4 billion global investment plan

SINGAPORE: As part of efforts to enhance its engineering and manufacturing capabilities, technology company Dyson announced on Wednesday (May 3) it will open a new proprietary battery plant in ...

Posted on 03/05/2023

Dyson to build new factory in Singapore and expand in UK and Philippines

Investments in Bristol and Santo Tomas in the Philippines will be worth £100m and £166m respectively ...

Posted on 03/05/2023

Singapore Court to rule on misconduct suit that could hang or acquit Malaysians on death row

Singapore’s Court of Appeal will deliver its verdict today on whether the island republic’s Attorney General’s Chambers (AGC) and Prison Authorities committed a serious procedural breach in the ...

Posted on 03/05/2023

Not True. State Backed Singapore Fund Temasek Says No Investment in Array

An article in Cointelegraph from yesterday (May 1) erroneously reported that Temasek has invested $10 million in Array which did not help things by retweeting the article before i ...

Posted on 03/05/2023

Singapore: Long-Serving Central Bank Chief Steps Down

Veteran central banker Ravi Menon is set to step down as managing director of the Monetary Authority of Singapore.

Posted on 03/05/2023

Singapore, US run cross-border cybersecurity drills to test banks’ resilience

The nations conduct a three-day exercise to test the ability of banks operating in the two markets to respond to cross-border cyber incidents.

Posted on 03/05/2023

Squire Patton Boggs adds K&L Gates global energy co-head in Singapore

International law firm Squire Patton Boggs said on Tuesday it has hired partner Lian Yok Tan for its energy and infrastructure practice in Singapore.

Posted on 03/05/2023

Admiral Hari Kumar in Singapore, attends inaugural ceremony of ASEAN-India maritime exercise

Admiral R Hari Kumar, Chief of the Naval Staff, who is on an official visit to Singapore, today attended the opening ceremony of the inaugural ASEAN India Maritime Exercise AIME 2023, in which the ...

Posted on 02/05/2023

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

Vijay Ayyar, Luno's vice president of corporate development and international, resigned from the firm after seven years working there.

Posted on 02/05/2023

Fresh pork back in stock in Singapore, ending temporary disruption over African swine fever discovery

Fresh pork is available at local supermarkets and it will be distributed to wet markets from Wednesday (May 3), says Senior Minister of State for Manpower Koh Poh Koon.

Posted on 02/05/2023

Singapore jails Chinese trio for ‘sophisticated’ theft of casino chips with super glue on their palms

The three men from China, who were in Singapore for a holiday and to gamble, received jail terms of 7-10 months From March 6 to 11, they stole about US$1,100 worth of casino chips in total at the ...

Posted on 02/05/2023

Loop Industries and SK Geo Centric Sign Joint Venture Agreement To Commercialize Loop’s Technology in the Asian Market

Loop and SKGC have partnered with SK ecoengineering, a subsidiary of the SK Group that brings a wealth of expertise as an EPC contractor, for the engineering and construction of the commercial ...

Posted on 02/05/2023

Singapore ammonia bunkering dream gets reality check from port authority, industry

Top global ship fuelling hub Singapore is unlikely to be ready for ammonia bunkering by the end of this year, Singapore's Maritime and Port Authority (MPA) said, while industry players have also ...

Posted on 02/05/2023

HSBC to grow wealth and personal banking segment in Asia-Pacific

This article first appeared in The Edge Malaysia Weekly on April 24, 2023 - April 30, 2023 BRITISH lender HSBC Holdings plc is looking to the wealth and personal banking segment in the Asia-Pacific ...

Posted on 02/05/2023

HSBC shares rise after lender announces US$2 billion share buyback

HSBC, like its Wall Street and European peers, has seen a recovery in earnings on the back of higher interest rates. As the biggest bank in Hong Kong, the lender is also expected to benefit from ...

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