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Posted on 07/11/2022

Singapore and Thai Currencies Most at Risk From Yuan’s Slump

Investors in the Singapore dollar and Thai baht will have to brace for losses if the Chinese yuan, the worst-performing Asian currency on Monday, continues its fall against the dollar as the country ...

Posted on 07/11/2022

Singapore’s main source of doctors is local schools, supplemented with foreign hires to ease hospital workload

SINGAPORE: Local medical schools continue to be Singapore’s main source of doctors but the country also supplements its recruitment with foreign doctors to ease the workload in hospitals, Senior ...

Posted on 07/11/2022

OCBC CEO optimistic on outlook as bank reports record earnings in 3Q2022

OCBC’s net profit in 3Q2022 was at a record high – but then so were DBS Group Holdings’ and United Overseas Bank’s. OCBC’s net profit of $1.60 billion was 31% y-o-y and 8% higher q-o-q on the back of ...

Posted on 07/11/2022

China Oct coal imports slip from 10-mth peak as COVID curbs crimp demand

China's coal imports slipped in October from a 10-month high in September, as Beijing's ultra-strict COVID-19 restrictions dampened demand for the power generation fuel.

Posted on 07/11/2022

Singapore Airlines first-half profit soar to $876 mn as world reopens

For the corresponding period a year ago, the airlines suffered a loss of SGD 602 mn for first half and a loss of SGD 345 mn for second quarter of its financial reporting period which starts in April ...

Posted on 07/11/2022

Singapore Mercedes driver flings bus driver’s phone after blocking bus bay, charged for public nuisance (Video)

A Mercedes driver causing a ruckus even though he was clearly in the wrong was caught on videos circulating online today.

Posted on 07/11/2022

Singapore targets firms in hydrogen, agrifood tech for overseas expansion | Video

Enterprise Singapore is targeting companies in the hydrogen, agrifood technology and circular economy for overseas expansion, as part of its partnerships under the Green Economy Agreement recently ...

Posted on 07/11/2022

Singapore Airlines expects 2023 airfares may decline as rivals add capacity

Singapore Airlines Ltd (SIA) expects yields, a proxy for airfares, could decline in 2023 as rival airlines bring back planes idled during the pandemic and add capacity, a senior executive said on ...

Posted on 07/11/2022

PAP needs strong mandate to govern Singapore firmly and decisively: PM Lee | Video

A continuing strong mandate is needed for the Government to act firmly and decisively when the need arises, People's Action Party chief and Singapore Prime Minister Lee Hsien Loong said at the party's ...

Posted on 07/11/2022

Purpose Venture Capital secures multi-million backing to support investments into sustainable tech startups

“Being based in Singapore, Purpose Venture Capital is ideally positioned ... a global team of advisors with a combined total of 250 years of proven experience in investments, tech business operations ...

Posted on 07/11/2022

Singapore’s ComfortDelGro bags $1.09 bln Australian bus contracts

The contract covers a few regions across Sydney and NSW spreading a network of public bus operations that are home to more than 700 buses, which ferry around 18 million passengers every year, ...

Posted on 07/11/2022

Sapporo Holdings Investor 3D Writes to External Directors Seeking Overhaul -Nikkei

In a letter to the directors dated Nov. 3, the fund noted that Sapporo Holdings had failed to meet its sales target during the past 15 years, and that its return on equity (ROE) a ...

Posted on 07/11/2022

Stock Market Live Updates: SGX Nifty signals a positive start; Tokyo shares trade higher

Nifty futures on the Singapore Exchange traded 74.5 points, or 0.41 per cent, higher at 18,277.50, signaling that Dalal Street was headed for a positive start on Monday. Tech View: Nifty forms long ...

Posted on 07/11/2022

HSBC CEO Noel Quinn vows to help reboot Hong Kong’s economy as city reopens for business after Covid restrictions

HSBC will do whatever it takes to help Hong Kong’s economy recover, says CEO Noel Quinn, adding that relaxation of quarantine measures will put the city back on the international business community’s ...

Posted on 07/11/2022

DBS is digital to the core: Singapore country head

With the emergence of decentralised finance, CNA's Olivia Marzuki talks to Shee Tse Koon, Country Head of DBS Singapore, about Project Guardian, a new initiative led by the Monetary Authority of ...

Posted on 07/11/2022

Proportion of ageing buses on Singapore’s roads grows, bucking green transport trend

Private bus companies are in no hurry to refresh their fleet because of a shortage of drivers and the higher cost of cleaner vehicles. Read more at straitstimes.com.

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