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Posted on 23/07/2020

OCBC seeks court-led supervision of Lim family’s shipping unit Xihe Holdings – sources

Singapore bank OCBC is seeking a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries, four sources with knowledge of the court filing said. ( read original story ...)

Posted on 23/07/2020

‘Strong distrust’ behind OCBC move to bring Xihe under judicial management

SINGAPORE -The Lim family-run Xihe Holdings and four of its vessel-owning units are being brought under "urgent" judicial management by creditor OCBC Bank, which "strongly distrusts (their) current ... ( read original story ...)

Posted on 23/07/2020

OCBC seeks court-appointed supervisor to manage shipping firm Xihe Holdings and four subsidiaries

SINGAPORE: Singapore bank OCBC is seeking a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries, ... ( read original story ...)

Posted on 23/07/2020

NTU Singapore and Google Cloud develop rapid-response chatbot to address freshmen queries

Nanyang Technological University, Singapore (NTU Singapore) has rolled out a new virtual assistant powered by Google Cloud to help some 6,000 incoming freshmen transition to university life on the NTU ... ( read original story ...)

Posted on 22/07/2020

Five importers fined a total of S$28,000 for illegally importing food products

SINGAPORE: Five importers were fined a total of S$28,000 on Wednesday (Jul 22) for illegally importing more than 2,500kg of fresh produce and more than 900kg of processed food from Malaysia. The ... ( read original story ...)

Posted on 22/07/2020

Singapore’s Insider bags $32m in series C money

Singapore-based Insider, a marketing software-as-a-service ... Ultimately, the company claims its technology can help marketers drive growth across the funnel, from acquisition to activation, ... ( read original story ...)

Posted on 22/07/2020

YCP Solidiance’s New Report on Singapore’s Community Eldercare: Opportunities for Telemedicine and Assistive Technology

Singapore will have the highest percentage of elderly in Southeast Asia at 22.5%, with nearly 83,000 seniors expected to be living alone. To accommodate this, the Singapore government has introduced ... ( read original story ...)

Posted on 22/07/2020

Singapore seeks local boost for tourism sector facing existential crisis

SINGAPORE (Reuters) - Singapore’s tourism sector is facing an existential crisis, its tourism board chief said on Wednesday, laying out plans to boost local demand after a collapse in visitor arrivals ... ( read original story ...)

Posted on 22/07/2020

Singapore Courts Locals With Spas, Sailing to Save Tourism

Singapore is appealing to its travel-hungry residents to support a battered hospitality sector in a bid to limit job losses. ( read original story ...)

Posted on 22/07/2020

Singapore banks’ upcoming dividends may be cut amid capital review: Analyst

Dividend cuts by Singapore banks may happen "as early as" the upcoming payout to be announced in the second quarter, with the regulator reviewing banks' capital plans amid prolonged economic ... ( read original story ...)

Posted on 22/07/2020

S$45 million tourism campaign launched urging locals to explore Singapore

Residents of Singapore are being encouraged to take a local holiday – dubbed a “Singapoliday” - and rediscover their home country while ... ( read original story ...)

Posted on 22/07/2020

Singapore greenlights clinical trials for vaccine candidate developed by Arcturus and Duke-NUS Medical School

Singapore's Health Sciences Authority has approved clinical trials for a coronavirus vaccine candidate being developed by Arcturus Therapeutics and Duke-NUS Medical school. Arcturus, a San Diego, ... ( read original story ...)

Posted on 22/07/2020

COVID-19 risk management framework to be trialed on 2 pilot business events: STB

A risk management framework for business events of up to 50 attendees has been developed by the Singapore Tourism Board (STB), and it ... ( read original story ...)

Posted on 22/07/2020

Naver transfers Hong Kong backup data to Singapore

South Korea's Naver said on its official blog page that it has moved user backup data that was stored in Hong Kong to Singapore. The data in Hong Kong was destroyed between July 6 ... ( read original story ...)

Posted on 22/07/2020

Nasdaq forms pact with Singapore Exchange to attract dual listings as Ant Group’s blockbuster IPO passes them by

The two exchanges are deepening their partnership at a time when the tensions between the US and China have escalated. ( read original story ...)

Posted on 22/07/2020

DBS looks to boost green investments over next five years

Singapore’s largest bank the Development Bank of Singapore (DBS) is seeking to boost the amount of funds it will channel into green investments as investors’ appetite for environmental, social and ... ( read original story ...)

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