Indonesia lifted a 20-year-old ban on sea sand exports, causing some concerns among environmentalists. Indonesia first banned sea sand exports in 2003 and eventua ...
Singapore stocks gain on Thursday as Fed pauses rate hikes
Quiet optimism over news that the United States has hit the pause button on interest rate hikes helped local shares make gains on Thursday amid mixed trading in the region. Read more at ...
Will Singapore move in the direction of US, and consider a ban on non-compete clauses in labour contracts?
The Manpower Ministry and tripartite partners are developing a set of guidelines “to shape norms and provide employers with further guidance” on including non-compete clauses in labour contracts.
Singapore’s Tight Labor Market Is Showing Signs of Cooling
Singapore’s labor market expanded at the slowest pace in six quarters in signs of cooling demand that may help tamp down price pressures.Most Read from BloombergBiggest Losers of AI Boom Are Knowledge ...
Siemens unveils big investments in China and Singapore factories
Siemens’ new €200mn plant in Singapore, which is set to employ 400 people ... and which are looking for the next technology?” he said at the time. “It’s China in very many cases.” But Siemens’ China ...
Siemens to Make €2 Billion Investment to Boost High-Tech Plants
Siemens AG will invest €2 billion ($2.2 billion) to expand high-tech manufacturing, including a new plant in Singapore and an expansion at its Chinese plant in Chengdu.
Siemens to invest US$2.2 billion to ramp up global production; plans new plant in Singapore
ZURICH: Siemens will spend €2 billion (US$2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday (Jun 15), as it gears up to meet increased demand ...
Siemens to invest $2.2 bln to ramp up global production
Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group said on Thursday, as it gears up to meet increased demand triggered by ...
Eight arrested in SG over links to mobile phone malware which resulted in unauthorised banking transactions
Eight people, aged between 19 and 35, were arrested for their alleged involvement in a recent spate of banking-related malware incidents.
8 individuals arrested for alleged involvement in spate of banking-related malware incidents
Unauthorised transactions were made from victims’ banking accounts even though they did not divulge their OTP to anyone. Read more at straitstimes.com.
‘Greenest’ of the three, OCBC also has dividend upside
In terms of business direction, OCBC is said to have the sharpest Greater China focus among the local banks. Hong Kong, China and Macau account for 24.6% of OCBC’s loan portfolio. However, Wong sees ...
UOB deepens its roots in Asean ‘phygitally’
In 2011, even before President Xi Jinping of China launched his Belt and Road Initiative (BRI), UOB had already foreseen the potential of Asean by forming its Foreign Direct Investment (FDI) Advisory ...
Vote for Ah Lian? Michelle Chong shows off ‘presidential campaign flyers’, wants to make Singapore tok kong again
Do we have a new contender for Singapore's upcoming Presidential Election?While Michelle Chong is unlikely to give Senior Minister Tharman Shanmugaratnam and entrepreneur George Goh a run for their ...
Supertanker freight rates jump as Mideast crude exports to Asia rise
The costs of chartering supertankers to move crude oil from the Middle East to Asia have jumped to the highest since April as more cargoes are being booked in June, according to industry sources and ...
Singapore’s Venture Corp. Rises Amid Appetite for Tech Stocks — Update
By Yi Wei Wong Shares of Singapore technology services group Venture Corp. are up early Thursday, extending a bullish run this week and putting the stock ...
Singapore Home Sales Climb to One-Year High Even After Curbs
Singapore’s home sales surged to the highest in a year, showing that the government’s latest cooling measures have done little to curtail demand.