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Month: May 2024

Posted on 10/05/2024

Mother’s Day 2024 Singapore: Credit Card Promos, Mums Dine Free, and More

They say mum's cooking is the best cooking, but for my mother, no cooking is the best cooking. She would take a quaint café, bottomless brunch, or afternoon high tea any day over having to step into ...

Posted on 10/05/2024

OCBC makes $1.4 billion offer to take Great Eastern private, at $25.60 per share

The offer price represents a 37% premium over its last closing price of $18.70 on May 9. Read more at straitstimes.com.

Posted on 10/05/2024

1.6 tons of fresh vegetables and processed food seized in Singapore

The Singapore Food Agency (SFA) has seized around 1.6 tons of fresh vegetables and processed food imported illegally from Malaysia. From 2 to 3 May 2024, SFA and the Immigration & Checkpoints ...

Posted on 10/05/2024

Shell to sell Singapore refining and petrochem assets to Chandra Asri-Glencore joint venture

British multinational oil and gas company Shell Plc on Wednesday said it has agreed to sell its entire stake in Singapore refinery and petrochemicals business to a joint venture between Indonesian ...

Posted on 10/05/2024

Singapore ranked 8th in world for low gender inequality: New MSF report charts women’s development

New report on progress of women’s development published by Ministry of Social and Family Development. Read more at straitstimes.com.

Posted on 10/05/2024

Analysis-Chandra Asri purchase of Shell Singapore refinery brings scale, risk

By Trixie Yap SINGAPORE (Reuters) -While Chandra Asra's deal to buy Shell's Singapore refinery will see it join the ranks of Southeast Asia's largest petrochemicals players, it is taking on the risk ...

Posted on 10/05/2024

Singapore visits dip m-o-m, but Jan-Apr was 91pct of 2019

The April data took Singapore’s overall visitor volume of the first four months of this year to 5.71 million, up 41.3 percent year-on-year. The visitor volume of the January to April period also ...

Posted on 10/05/2024

Driver in Johor claims Singapore-registered BMW going against traffic caused him to crash

A driver in Johor has claimed that he crashed his car while avoiding a Singapore-registered BMW car that was travelling against the flow of traffic. The accident occurred just after 1pm on Thursday ...

Posted on 10/05/2024

SingPost full-year profit more than doubles to $78.3 million after property revaluation

SINGAPORE - Singapore Post more than doubled its earnings for the year to March 31, mainly due to an exceptional gain of $36.8 million on property revaluation. Net profit rose 217.4 per cent to $78.3 ... ( read original story ...)

Posted on 10/05/2024

OCBC posts record Q1 profit, makes $1 bln bid to take Great Eastern private

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and made a S$1.4 billion ($1.04 billion) offer to take its ...

Posted on 10/05/2024

Singapore shophouse sales surge and prices climb as wealthy investors return: Knight Frank

Clarity over process to sell shophouses linked to money laundering scandal helped market. Read more at straitstimes.com.

Posted on 10/05/2024

Singapore’s OCBC posts record Q1 profit, lifts margin guidance for 2024

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) posted on Friday a better-than-expected 5% rise in first-quarter profit and forecast its net interest margin at the higher end of a ...

Posted on 10/05/2024

Singapore’s OCBC offers S$1.4 billion to Great Eastern in bid to take it private

Singapore's second-biggest lender, OCBC, unveiled a S$1.4 billion (US$1.04 billion) offer on Friday (May 10) to buy the remaining stake in insurer Great Eastern Holdings and delist the company. OCBC, ...

Posted on 10/05/2024

UPDATE 1-Singapore bank OCBC first-quarter net profit rises 5% to record, beats forecasts

Singapore's second-largest bank Oversea-Chinese Banking Corp (OCBC) reported on Friday a 5% rise in net profit to a record high in the first quarter from a year earlier, driven by stronger operating ...

Posted on 10/05/2024

Singapore Air’s Budget Brand Axed Flights on Parts Shortage, Straits Times Says

Scoot, the budget carrier arm of Singapore Airlines Ltd., cited a parts shortage for its recent cancellation of dozens of flights, according to the Straits Times.

Posted on 10/05/2024

As Singaporeans tire of rat race, incoming PM reimagines ‘Singapore Dream’

Prime Minister-in-waiting Lawrence Wong says residents are looking for more out of life than material success.

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