The company, subsidiary of Singapore-based Malacca Trust Limited and linked to the family of former president Bacharuddin Jusuf Habibie, is one of the oldest insurance companies in Indonesia (established in 1952). Through its initial public offering (IPO ... ( read original story ...)
Singapore snaps up 10% of Glenveagh as housebuilder floats
The shares were sold in the IPO at a price of €1 each. Singapore’s GIC currently owns 10.2 per cent of Glenveagh, though this will fall to 9.4 per cent, subject to the additional shares being placed, according to a final prospectus on the deal ... ( read original story ...)
Saudis Weigh Delaying International Part of Aramco IPO
That would eclipse the $25 billion raised by Alibaba Group Holding Ltd. in 2014. London and New York exchanges are vying for a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)
Aramco IPO may be delayed
That would eclipse the US$25bil raised by Alibaba Group Holding Ltd in 2014. London and New York exchanges are vying for a role in the Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)
Inda’s foreign reserves enough to cushion vulnerabilities: DBS
India’s foreign reserves, which touched a record $402.5 billion in September, are high enough to cushion the country against external vulnerabilities, the Development Bank of Singapore (DBS) said today. The import cover (on total reserves minus gold ... ( read original story ...)
Singapore exports unexpectedly fall in September
SINGAPORE: Singapore’s key non-oil domestic exports unexpectedly fell in September as a recent rally in electronics shipments unraveled and pharmaceuticals exports continued to fall. Exports of goods made in Singapore fell 1.1% in September compared with ... ( read original story ...)
Singapore: 288 counterfeit phones seized at Customs, 4 men arrested
Counterfeit mobile phones were found for the purpose of trade in the hands of four men in Singapore. They were arrested on Friday, October 13, announced the Singapore Police force (SPF) and Singapore Customs on October 17. The Singapore Customs received a ... ( read original story ...)
McDonald’s Singapore introduces mobile phone lockers to encourage family bonding
IT’S getting harder for families to have quality bonding time over meals with both parents and kids glued to their screens. In an unexpected move encouraging people to go offline during dinner time, McDonald’s has introduced phone lockers at one of its ... ( read original story ...)
Four men arrested for possessing 288 counterfeit mobile phones for trade
SINGAPORE - Four man, aged between 30 and 41, were arrested on Friday (Oct 13), for their suspected involvement in possessing counterfeit mobile phones for trading purposes. They were nabbed after a 14-hour operation, said the Singapore Police Force (SPF ... ( read original story ...)
India’s foreign reserves enough to cushion vulnerabilities: DBS
the Development Bank of Singapore (DBS) said today. The import cover (on total reserves minus gold) is better than what is seen during the 2013 taper tantrum, said DBS in its report on Indian economy. Taper tantrum is the term used to refer to the 2013 ... ( read original story ...)
Singapore exports slump in September
SINGAPORE: A surge in Singapore exports proved short-lived as a plunge in electronics orders put the brakes on goods flows in the trade-reliant country. Non-oil domestic exports declined by 1.1% in September from a year earlier, the worst performance since ... ( read original story ...)
School fees for non-Singapore citizens to go up
SINGAPORE - School fees for Singapore permanent residents and international students will go up over the next three years, the Ministry of Education (MOE) announced on Tuesday (Oct 17). From 2018 to 2020, primary, secondary and pre-university school fees ... ( read original story ...)
Singapore September exports post surprise decline as electronics stumble
SINGAPORE (Reuters) - Singapore’s exports unexpectedly fell from a year earlier in September, data showed on Tuesday, their first on-year contraction in five months as electronics shipments posted their first decline in almost a year. Non-oil domestic ... ( read original story ...)
Singapore Exports Slump on Electronics Plunge
A surge in Singapore exports proved short-lived as a plunge in electronics orders put the brakes on goods flows in the trade-reliant country. Non-oil domestic exports declined by 1.1 percent in September from a year earlier, the worst performance since ... ( read original story ...)
Inside Singapore’s vending machine mall, where piping hot pizza, pasta, and local cuisine are dispensed with the press of a button
Business Insider Singapore He hopes to sell the machine to other pizza companies so that consumers have access to piping hot pizza even at odd hours of the night, after the establishments are closed. The fresh orange juice machine stood out for being ... ( read original story ...)
Wish Finance Launches Blockchain and Artificial Intelligence Based Lending Platform for SMEs
SINGAPORE, SINGAPORE / ACCESSWIRE / October 11, 2017 / Wish Finance is an innovative cutting-edge technology start-up that aims to offer new alternatives to the traditional lending industry. The project extends the lending market from the popular P2P to ... ( read original story ...)