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Category: BUSINESS

Posted on 16/09/2022

Singapore’s financial authority grants license to SBI’s digital asset arm

Singapore's MAS awarded SBI Digital Markets a Capital Markets Services license following the company receiving in-principle approval in May. ( read original story ...)

Posted on 16/09/2022

CVC selling Asian funeral business Nirvana, seeks as much as $2 billion -sources

Private equity firm CVC Capital Partners is selling Malaysian funeral services provider Nirvana Asia Ltd in a deal that could fetch up to $2 billion, three people with knowledge of the matter told ... ( read original story ...)

Posted on 15/09/2022

Strong pricing power is king amid inflation; Singapore, Indonesia emerge regional winners: RHB

COMPANIES with strong pricing power will have much to gain from the inflationary environment as these players tend to have more stable profit margins when dealing with cost pressures. Read more at The ... ( read original story ...)

Posted on 15/09/2022

GCash rallies behind PH digitalization push in PH-Singapore economic briefing

GCash, the Philippines’ biggest mobile wallet, made a stronger push for continued digitalization in the country, as it joined the Philippine business delegation who accompanied  President ... ( read original story ...)

Posted on 15/09/2022

No Disruption In Singapore’s Rice Supply From India: Report

Singapore's rice imports from Vietnam and Thailand are healthy and the country has not faced any significant disruption in importing rice from India, but the prices may go up as New Delhi has imposed ... ( read original story ...)

Posted on 15/09/2022

AirAsia, CebuPac return to Singapore’s Changi T4

Low-cost carrier AirAsia has returned its operations in Singapore, via the Changi Airport Terminal 4, as the airline prepares for a pickup in demand as economies learn to live with the pandemic. ( read original story ...)

Posted on 14/09/2022

Singapore’s most notable real estate agents under 40

Women took the lead in this year's list, taking 11 spots. Singapore's status as a safe haven for property investors remained intact amidst global headwinds, thanks to the city's realtors who were ... ( read original story ...)

Posted on 14/09/2022

No disruption in Singapore’s rice supply from India

Singapore's rice imports from Vietnam and Thailand are healthy and the country has not faced any significant disruption in importing rice from India, but the prices may go up as New Delhi has imposed ... ( read original story ...)

Posted on 14/09/2022

No significant disruption to rice supply in S’pore, but some may raise prices due to India’s export tax

India recently imposed a 20 per cent levy on rice exports of key varieties like unmilled and husk brown rice. Read more at straitstimes.com. ( read original story ...)

Posted on 14/09/2022

Billionaire Kwek Leng Beng’s CDL Replenishes Landbank As Singapore Defies Global Property Downturn

City Developments Ltd. (CDL)—controlled by billionaire Kwek Leng Beng—has submitted the highest bid for a residential site in the western Singapore town of Bukit Batok as the real estate giant ... ( read original story ...)

Posted on 14/09/2022

Singapore’s latest climate consultation is bewilderingly cautious

The city-state is asking residents if it should hit net-zero emissions “by” 2050 instead of “around” 2050. The move lacks urgency shown in the country’s climate action since 2019, and people don’t ... ( read original story ...)

Posted on 14/09/2022

Singapore business confidence moderates further for 4Q2022

The overall lukewarm outlook for local businesses is due primarily to a weakening external demand," says SCCB's CEO Audrey Chia. ( read original story ...)

Posted on 13/09/2022

More ships call at Singapore port in August to refuel due to steep drop in oil prices

Sales rose in August to 4.12 million tonnes, rising around 1.1 per cent compared with August last year. Read more at straitstimes.com. ( read original story ...)

Posted on 13/09/2022

Amid western sanctions, Gazprom Singapore pays ‘meagre’ penalty for defaulted LNG deliveries to India

A former unit of Russia's Gazprom is paying a 'meagre' penalty for the liquefied natural gas (LNG) cargoes it had failed to deliver to India since early June to absolve itself of all ... ( read original story ...)

Posted on 13/09/2022

Comparing the world’s 2 longest flights in Singapore business class

Just 2 miles separate the distance between the two longest flights in the world. Both of these routes operate to and from the New York City metropolitan area, and they’re both operated by Singapore ... ( read original story ...)

Posted on 13/09/2022

SingPost appoints Li Yu as CEO for International Business

He took on the role on 12 September. Singapore Post Limited (SingPost) has appointed Li Yu as the new CEO for its International Businesses. Yu took over the role on 12 September. “I am delighted to be ... ( read original story ...)

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