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Posted on 12/08/2023

House Flippers to Get Financing From Singapore’s Sovereign Wealth Fund

Temasek, the $287-billion manager of Singaporean sovereign wealth, is seeding a new fund that will finance residential fix-and-flip jobs in the U.S. The Roc360 Real Estate Income Trust will have

Posted on 12/08/2023

Executive Turntable: UMG Has Sights on Singapore; SiriusXM Promotes Jen Leiweke to VP of Artist Relations

Ultra Records hires an old friend to head of A&R, Songtradr appoints a chief revenue officer and VRTCL ups two.

Posted on 11/08/2023

Olam Group expects agricultural unit’s Singapore-Saudi dual IPO by 2024 first half

Singapore's Olam Group said on Friday it is targeting the IPO of its agricultural unit by the first half of 2024, and the commodity trader reported an 88.8% fall in first-half profit on lower crop yield from its almond orchards in Australia.

Posted on 11/08/2023

Singapore’s Olam Group first-half profit falls 89%

Singapore's Olam Group Ltd posted an 88.8% fall in first-half profit on Friday, hurt by a lower crop yield from its almonds orchards in Australia and by higher borrowing costs. Olam, one of the ...

Posted on 11/08/2023

Singapore’s life insurance premium down 17% in the first half of 2023

Singapore’s life insurance weighted new business premiums fell 16.7% year-on-year (YoY) to S$2.2b, according to the Life Insurance Association (LIA) of Singapore. This was mainly dragged by the decrease in single-premium policies of 52% for weighted premiums.

Posted on 11/08/2023

Singapore Presidential Election 2023 to be held on 1 Sep if more than 1 candidate stands nominated

Elections Department Singapore has announced details on the upcoming Presidential Election 2023, relevant for employers and HR teams to keep track as 1 September 2023 (Friday) has been set aside as Polling Day.

Posted on 11/08/2023

Singapore Billionaire Kwek Leng Beng’s CDL Eyes More Global Acquisitions Despite Soaring Interest Rates

I would like to grab opportunities whether it’s in the U.K., Asia, or America,” Kwek, executive chairman of CDL, said Thursday after the company announced its first-half results.

Posted on 11/08/2023

Singapore’s Economy Grew 0.5% in Second Quarter

Singapore’s economy grew 0.5% in the second quarter, as expansion in construction and services-producing industries outweighed a contraction in manufacturing.

Posted on 11/08/2023

Singapore’s Maxeon plans major solar-panel plant in New Mexico, pending federal loan

Singapore-based Maxeon Solar Technologies plans to build a major solar panel manufacturing plant in Albuquerque, pending approval of a loan application with the U.S. Department of Energy, the company announced Thursday.

Posted on 11/08/2023

BBC Studios debuts Bluey toys in Asia with Singapore launch

Toy range licensed by Moose Toys and distributed by Sheng Tai Toys, hit shelves for the first time in the region, starting with Singapore retail stores.

Posted on 10/08/2023

Singapore Exchange revises IPO rules for life science firms

Singapore Exchange Ltd (SGX) is amending its initial public offering (IPO) rules to clarify that life science companies seeking to list on its mainboard exchange do not need to be revenue-generating.

Posted on 10/08/2023

Singapore first among ASEAN members to skip Myanmar junta-hosted military exercises

The Southeast Asian nation joined Australia, Japan, New Zealand, South Korea and the USA in declining to attend one of a series of defence ministers’ summits on counter-terrorism strategies ...

Posted on 10/08/2023

Singapore’s scandalous summer stokes unease over succession planning

A senior minister has been ensnared in a corruption probe alongside a billionaire property tycoon. The speaker of the house was caught swearing on a hot mic, an incident that undermined his ...

Posted on 10/08/2023

Chinese woman jailed for overstaying in Singapore to help son’s education tells court it’s ‘worth it’

A Chinese mother who was recently arrested for overstaying her long-term visit pass in Singapore by seven years to support her son claimed that it was “worth it.” What the law says: Under Section 15 of Singapore’s Immigration Act,

Posted on 09/08/2023

“Happy 58th Birthday, Singapore!” — WP MPs including Faisal Manap wish everyone Happy National Day on TikTok

SINGAPORE: The Workers’ Party Members of Parliament greeted Singapore with a “Happy Birthday” in a TikTok video on National Day, Aug 9, on the WP’s channel. Though they are one man down since the resignation of former Aljunied GRC MP Leon Perera last month,

Posted on 09/08/2023

Singapore Police Arrest Man Who Stole 500 Pokemon Cards

"The man was found in possession of an opened box of Pokemon cards that did not belong to him," the Singapore Police Force said in a Facebook post on Monday. The remaining Pokemon cards were stolen on ...

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