According to IHH, the private equity investors, as well as the board of directors at Fortis and Agilus, have agreed to withdraw the draft red herring prospectus following meetings held on Feb 13.
Singapore gov’t to refund 7.5 million wrongly collected tax
Singapore authorities will refund wrongly collected goods and services tax GST worth 75 million Singapore dollars 55 million US dollars to tax ...
Singapore Budget 2024: HR leaders share what’s on their wishlist
From more focused support for upskilling, to increased funding for research projects, here's what leaders from Senoko Energy, HSBC Singapore, Transport Capital, and J&T Express are looking out for.
In Singapore, six govt agencies to refund about S$7.5m in GST wrongly charged on regulatory fees for at least last five years
Six government agencies will be refunding about S$7.5 million in Goods and Services Tax (GST) that had been wrongly charged on certain regulatory fees.
Singapore leads commercial real estate investments in APAC
Commercial investment volume in Singapore grew 462% QoQ and 110% YoY in 4Q23. Singapore has emerged as a leader in APAC commercial investments after hitting US$4.1b in 4Q23. According to Knight Frank, ...
OCBC Investment Research keeps ‘buy’ on SingPost with unchanged TP of 55.5 cents, says business environment challenging
Analyst Ada Lim notes all of SingPost’s businesses posted positive operating profits in its 3QFY2024 business update.
A former flight attendant who said he slipped on a plane is suing Singapore Airlines for $1.3 million
A former flight attendant is suing Singapore Airlines, citing an injury from unsafe work conditions.Durairaj Santiran said he slipped on a grease patch on a flight, and is now suing for $1.3 ...
Singapore to develop its own AI models
According to Cointelegraph, Singapore is eyeing 2024 as the year to scale its Southeast Asian-focused artificial intelligence (AI) models for commercial use and become a hub for the technology.
Former ecommerce giant Wish sold to Singapore’s Qoo10 for less than 1% of its peak value
Disclaimer: Opinions expressed below belong solely to the author. In a painful fall from grace, the once viral low-cost e-commerce marketplace Wish is to be acquired by Singapore's Qoo10 for just ...
Singapore is third-best country to relocate to and build family wealth, says report
Picking the right country is key to ensuring multi-generational wealth, the study found. Read more at straitstimes.com.
All foreign visitors can use automated lanes at Singapore checkpoints from second half of 2024: ICA
SINGAPORE — Starting from the second half of 2024, all foreign visitors to Singapore, regardless of nationality, will be able to use automated lanes to clear immigration at all of the city-state's ...
CapitaLand Investment establishes CapitaLand Ascott Residence Asia Fund II to invest in lodging properties amidst growing demand
CapitaLand Investment has established CapitaLand Ascott Residence Asia Fund II with a target equity size of US$600 million (S$800 million) to invest in lodging properties. It has secured first close ...
Standard Chartered weighs breaking up corporate, investment bank
Standard Chartered Plc is considering restructuring its institutional banking arm, the unit that houses the firm’s investment bankers and traders, as part of the latest effort by Chief Executive ...
Commentary: DBS CEO’S 30% variable pay cut raises issues of accountability
Singapore banks rely heavily on "pay for performance" practices to reward senior management. They must ensure that remuneration policies drive the right behaviour, says NUS corporate governance expert ...
International Energy Agency to open first regional office in Singapore
The International Energy Agency can assist the Association of Southeast Asian Nations (ASEAN) with its plans for a regional power grid, says one analyst.
Singapore-owned plane that crashed was flying in unusual pattern, says Malaysian villager
One fruit seller said he heard a very loud explosion before the crash happened. Read more at straitstimes.com.