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Posted on 04/02/2024

‘Titan of Singapore’s banking industry’: PM Lee remembers former UOB chairman Wee Cho Yaw

Mr Wee helmed the UOB Group for more than 60 years and died on Feb 3 at the age of 95. Read more at straitstimes.com. ( read original story ...)

Posted on 04/02/2024

Wee Cho Yaw, billionaire was one of the last of Singapore’s 20th century banking giants, dies at 95

His most famous takeover occurred in 2001 when he defeated regional giant DBS Group Holdings Ltd. to buy Singapore’s Overseas Union Bank Ltd. OUB had perceived DBS’s offer as hostile, mainly because ...

Posted on 04/02/2024

Singapore top actress Rebecca Lim shares first photo of family of three

SINGAPORE: Singapore's home-grown actress Rebecca Lim has received her most challenging role yet – motherhood. In an Instagram post on Feb 3, the new mother shared a sweet family photo of her cuddling ...

Posted on 04/02/2024

Singapore arbitrator denies relief to Sony in Zee merger case

THE Singapore International Arbitration Centre denied an interim relief on Sony Group’s request to stop Zee Entertainment Enterprises from approaching an Indian corporate court in the scrapped US$10 ...

Posted on 04/02/2024

Suspect in Singapore’s Commonwealth area knife attack that left seven injured acted alone, had no criminal record

Preliminary police investigations into a stabbing incident in the Commonwealth area on Feb 3 revealed that the suspect had acted alone, and there was nothing to suggest it was an act of terror.

Posted on 04/02/2024

Singapore leaders pay tribute to late banking tycoon Wee Cho Yaw

Wee Cho Yaw, one of Southeast Asia's most successful businessmen, helmed UOB Group for more than 60 years before he retired in 2018.

Posted on 04/02/2024

Singapore arbitrator lets Zee go to India tribunal to enforce Sony merger deal -Zee

NEW DELHI, Feb 4 (Reuters) - A Singapore arbitrator agreed to let Zee Entertainment ... Aditya Kalra is the Company News Editor for Reuters in India, overseeing business coverage and reporting stories ...

Posted on 04/02/2024

Retrenchment benefits for Lazada employees in Singapore raised to ‘unionised norms’: Labour chief

Lazada will set up a fund to provide employment and employability support for affected staff. Read more at straitstimes.com.

Posted on 04/02/2024

Dasin Retail Trust’s property valuation falls by 4.6% h-o-h to RMB9.09 bil

Dasin Retail Trust has reported a decline in the fair value of its investment properties. After obtaining independent valuations as at June 30, 2023, the trust’s properties are now valued at RMB9.09 ... ( read original story ...)

Posted on 04/02/2024

‘Enhanced support package’ for retrenched Lazada Singapore staff in union

Unionised employees who were let go by regional e-commerce player Lazada Singapore, a brand owned by Alibaba, can look forward to an “enhanced support package” after nearly a month of negotiations ...

Posted on 04/02/2024

A proposed Singapore law can keep serious offenders in prison indefinitely, but will it infringe on rights?

Some experts say the proposed law infringes on ‘open justice’ and raise concerns over how assessments of offenders would be conducted.

Posted on 04/02/2024

Man, 20, arrested in Singapore’s Commonwealth Avenue and chopper and knife seized; seven people injured

A 20-year-old man was arrested in Commonwealth Avenue on the evening of Saturday (Feb 3), after the police were alerted to a man holding a chopper there.

Posted on 04/02/2024

Taiwanese study mama pays $13,000 to ‘agent’ for Singapore work permit, sentenced to jail while 15 weeks pregnant

A Taiwanese woman who wanted to accompany her daughter who was studying in Singapore ended up paying an 'agent' $13,000 in fees for a work permit, without actually being employed. Wu Peihua ...

Posted on 04/02/2024

‘An extraordinary journey’: Jelebu Dry Laksa to close only outlet in Singapore in February

A few years back in the midst of the Covid-19 pandemic, Chef Renee Tang decided to start a home-based business selling dry laksa. That was how Jelebu Dry Laksa was born and later on, she opened a ...

Posted on 04/02/2024

Muslims in Singapore allowed to consume lab-cultivated meat if it’s from halal cell

Dr Nazirudin Mohd Nasir, the Mufti of Singapore, said that the decision is an example of how fatwa research has to evolve with modern technology and social change.

Posted on 04/02/2024

S’pore tycoon and former UOB chairman Wee Cho Yaw dies at 95

Under Mr Wee's leadership, the bank saw its assets increase from $2.8 billion to more than $253 billion. Read more at straitstimes.com.

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