US business leaders in Singapore have expressed confidence in Singapore's ability to seize opportunities and overcome the challenges of Covid-19 pandemic.. Read more at straitstimes.com. ( read original story ...)
Singapore PM takes the stand in defamation case against blogger
Singapore's prime minister testified in court on Tuesday in his defamation case against a blogger who shared an online article linking him to Malaysia's 1MBD money-laundering scandal. As the head of a ... ( read original story ...)
Singapore’s Temasek Launches $55 Billion Asset Management Holding Firm
Singapore state-owned investor Temasek Holdings Pte. established a new holding company for four of its existing asset management companies to help raise more funds independently and save costs. ( read original story ...)
Coronavirus Impact: Singapore’s Changi Airport, World’s Best, Warns Of ‘Daunting Period’ Ahead
Singapore's Changi Airport is struggling as world air traffic takes a hit amid the COVID-19 pandemic, cautioning a prolonged crisis in the offing. ( read original story ...)
No recovery in sight for Asia-Pacific’s commercial property sector as Covid-19 travel restrictions slam deals, retail sales
Meaningful rebound is unlikely to occur until global travel restrictions imposed to curb the spread of coronavirus are lifted, say real estate agents. ( read original story ...)
SMEs in Singapore: OCBC and the kombucha queen
Singapore’s OCBC Bank issued a press release touting the financial benefits of its Virtual SME Campus, a series of two-hour webinars that aim to equip local small and medium-sized enterprises (SMEs) ... ( read original story ...)
Jail for man who took bribes for showing lenient construction site inspections of Singapore Customs building
A resident technical officer accepted more than $5,000 in bribes in return for showing leniency over the inspections of the the Customs Operations Command Complex (COCC) construction site.. Read more ... ( read original story ...)
Singapore’s GIC Plans to Invest More Than $1 Billion in Ant IPO
Singapore’s sovereign wealth fund GIC Pte plans to invest more than $1 billion in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chinese payments behemoth, ... ( read original story ...)
Converge ICT targets Philippines biggest IPO
The Philippines’ Converge ICT Solutions Inc is targeting the country’s biggest initial public offering (IPO) after setting price terms to raise as much as US$680mil, sources said, amid a boom in ... ( read original story ...)
Singapore banks to develop digital trade registry for better transparency
To be powered by blockchain technology, the digital registry aims to be a central database for banks to access records of trade transactions and reduce risks of duplicate financing. ( read original story ...)
Singapore PM’s defamation suit against blogger begins
Singapore's prime minister testified in court Tuesday at the start of his defamation suit against a blogger who shared an article on Facebook linking the leader to a corruption scandal. ( read original story ...)
Hit by commodity defaults, banks in Singapore develop digital trade registry
Some of the world's biggest banks in commodity trade finance are creating a digital trade finance registry in Singapore to reduce risk of trade fraud and boost transparency after losing billions of ... ( read original story ...)
World’s largest banks in commodity trade financing creating digital finance registry in Singapore: report
Some of the world’s biggest banks in commodity trade financing are creating a digital trade finance registry in Singapore to try and mitigate the risk of trade fraud and boost transparency after ... ( read original story ...)
Singapore Races to Open Borders, Warning Its Future Is at Stake
Singapore is exploring ways to safely open its borders after the coronavirus outbreak led to record losses at the nation’s flag carrier and decimated traffic at Changi Airport. ( read original story ...)
Hit by commodity defaults, banks in Singapore team up for digital trade registry
Banks have reduced their commodities business this year to cut risk following collapses, including that of Singapore's Hin Leong Trading (Pte) Ltd, which shocked lenders after instances of financial ... ( read original story ...)
Singapore banks team up to develop digital trade registry
DBS Group and Standard Chartered are leading a group of 12 other banks in Singapore to create a digital trade finance registry in a bid ... ( read original story ...)