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Posted on 25/08/2022

Banks seek clarity on new rules about roundtripping in overseas investment

Under the new rules, Indian entities can make investments in foreign companies that have Indian subsidiaries provided the whole investment structure doesn't have more than two layers. Now, there are ... ( read original story ...)

Posted on 25/08/2022

Singapore High Court Recognizes Three Arrows Capital Liquidation Order

The liquidators of Three Arrows Capital secured a crucial court decision in Singapore, which will give them the ability to probe the local assets of the defunct crypto hedge fund, a high court ... ( read original story ...)

Posted on 25/08/2022

Singapore preparing for next COVID-19 wave | Video

Singapore is preparing for the next COVID-19 wave, which could be driven by reinfections of the virus. It is looking to increase its telemedicine capacity by more than six times to almost 10,000 ... ( read original story ...)

Posted on 25/08/2022

Company fined $5,000 for illegally importing 378kg of fresh fruits and vegetables

SINGAPORE - A company was fined $5,000 on Wednesday (Aug 24) for illegally importing about 378kg of fresh fruits and vegetables for sale. CK Fresh had brought in the undeclared and under-declared food ... ( read original story ...)

Posted on 25/08/2022

Singapore health official: Higher Covid-19 hospitalisation rates for kids under five; vaccination will ‘reduce risk of severe infection’

The hospitalisation rate for children under five years old who are infected with Covid-19 is 5.2 per cent, higher than the rate for older children. For ... ( read original story ...)

Posted on 24/08/2022

Singapore hawkers feel the heat of spiking inflation

In Singapore, hawker centers are one segment of the service economy directly affected by the city-state’s rising inflation. The city-state’s famed low-cost eateries were forced to raise prices at the ... ( read original story ...)

Posted on 24/08/2022

HDB loan vs bank loan: Which is better? 5 things to know before you commit

Choosing financing for your home is like a game of “Rathers“. You know, where everyone tackles hard questions like “Would you rather be whipped naked down Orchard Road, or rely on the MRT for ... ( read original story ...)

Posted on 24/08/2022

Close to six in 10 SMEs in Singapore with enough cash to last them less than six months: Study

SINGAPORE - Close to six in 10, or 58 per cent of small and medium-sized enterprises (SMEs) in Singapore said their existing cash flow can only sustain them for less than six months, a study has found ... ( read original story ...)

Posted on 24/08/2022

Singapore’s Keppel to buy 80% stake in rubbish collector 800 Super

Singapore's Keppel Corp said on Wednesday it would acquire a majority stake in local environmental services firm 800 Super Holdings through a consortium in a deal that values the business at S$380 ... ( read original story ...)

Posted on 24/08/2022

Singapore fines Noble for ‘misleading’ financial statements

Singapore has fined commodities business Noble Group S$12.6mn ($9.1mn) for publishing “misleading information” in its financial statements, following an investigation that has taken almost four years ... ( read original story ...)

Posted on 24/08/2022

Singapore eases travel restrictions for unvaccinated travellers

Singapore will allow non-vaccinated travellers to entry the country without quarantine or post-arrival testing, as part of a broader move to fully ease Covid-19 restrictions, including the wearing of ... ( read original story ...)

Posted on 24/08/2022

Singapore and Brunei to boost cooperation in energy, green economy, food and medical supply resilience

Singapore and Brunei will deepen cooperation in the areas of energy, the green economy, and food and medical supply resilience, the Ministry of Trade and Industry (MTI) said on Wednesday (Aug 24). ( read original story ...)

Posted on 24/08/2022

Singapore: Inflation surprised to the upside in July – UOB

Its warnings on inflation developments remained on the upside, both on the external (‘upward pressure on Singapore’s import prices are expected to persist’) and domestic fronts (tight labour market ... ( read original story ...)

Posted on 24/08/2022

Singapore’s Journey towards a Nationwide Digital Twin

When it comes to utilizing the true potential of digital twin technology, Singapore is miles ahead of most other governments. Even those that have ... ( read original story ...)

Posted on 24/08/2022

Singapore eases Covid-19 restrictions, masks only on public transport

Singapore on Wednesday relaxed its social-mixing restrictions on COVID-19 and said that wearing masks won't be mandatory from August 29 except on public transport and hospitals as the daily hospital ... ( read original story ...)

Posted on 24/08/2022

Three Arrows liquidators get Singapore court nod to probe crypto fund

Liquidators get authority to request access to any financial records the fund kept locally, say sources. Read more at straitstimes.com. ( read original story ...)

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