Singapore’s government has for decades curated the nation’s economic future through a group of state-owned champions, shifting direction as needed to stay relevant in the global economy. ( read original story ...)
How Did The Singapore Sling Get Its Name?
The Singapore Sling is a kind of cocktail. It is named thus because of two simple reasons. First, it is believed that it was invented by a bartender named ... ( read original story ...)
Singapore SPAC Vertex Technology Set for Local Listing on Jan 21 – Source
A Singapore special-purpose acquisition company (SPAC) backed by state investor Temasek's Vertex Venture Holdings has started the book building for its initial public offering (IPO) and is set to list ... ( read original story ...)
Bank supervisor stole $628,000 from branch in bid to borrow $25,000 from fake moneylender 25X the sum she hoped to borrow
A woman worked for a bank for nearly 20 years and rose to the rnk of supervisor at PT Bank Negara Indonesia (BNI), earning $4,200 a month. But then she got into debt and her debt pit just kept ... ( read original story ...)
In SIngapore, a high price to pay for some unvaccinated workers, ahead of new rule
Barely a day after the Government announced late last month that unvaccinated employees will be barred from their workplaces from Jan 15 even with a negative Covid-19 test result, Syuk was informed by ... ( read original story ...)
HSBC Mulls Raising Stake in China Securities Joint Venture
HSBC Holdings (HSBC) is planning to raise its stake in the securities joint venture - HSBC Qianhai Securities Limited - to 90% as its partner sells the stake. ( read original story ...)
Renewed Consolidation Likely For Singapore Stock Market
The Singapore stock market bounced higher again on Thursday, one day after snapping the two-day winning streak in which it had ... ( read original story ...)
Singapore Grade A office rents grew 4.2% in 2021
JLL expects rents to grow twice as fast this year. According to JLL, Singapore’s CBD Grade A office rents have posted a full year growth of 4.2%, far exceeding the firm’s forecast of a 6% contraction ... ( read original story ...)
Temasek-backed Vertex files first Spac IPO prospectus, followed by Pegasus
Temasek-backed Vertex Technology Acquisition Corp (VTAC) lodged the first preliminary prospectus for an initial public offering (IPO) with the Monetary Authority of Singapore (MAS) on Thursday (Jan 6) ... ( read original story ...)
Singapore reports 813 new COVID-19 cases
Singapore reported 813 new cases of COVID-19 on Thursday, bringing the total tally of the disease in the country to 283,214. Of the new cases, 404 were in the community, 19 were in migrant worker ... ( read original story ...)
Singapore’s Richest Man Sees Wealth Nearly Halve In a Few Months
Forrest Li has seen his wealth nearly halve to about $11 billion over the past few months. Forrest Li, the chairman and CEO of Singapore's Sea Ltd. ( SE) - Get Sea Ltd. (Singapore) Report, has seen ... ( read original story ...)
Singapore’s richest man loses $US11b in three months
Forrest Li, chairman and chief executive officer of Sea Ltd, has had one of the world’s biggest wealth plunges. ( read original story ...)
Temasek-Backed Vertex Set to Be First SPAC to List in Singapore
Singapore is about to get its first blank-check company listing, as Vertex Technology Acquisition Corporation Ltd. is seeking to raise at least S$170 million ($125 million) through the sale of units. ( read original story ...)
HSBC Asset Management adds senior ETF sales executive for Asia
HSBC Asset Management hired SSGA veteran Cheong Mun Fai as a senior ETF, index sales executive for the Asian region. ( read original story ...)
HSBC Asset Management Appoints Senior Vice President, ETF & Indexing Business Development
HSBC Asset Management (HSBC AM) has announced that it has appointed Cheong Mun Fai as Senior Vice President, ETF & Indexing Business Development, effective 1 December, 2021. Based in Singapore, Mun ... ( read original story ...)
LNG Alliance to help develop Karnataka’s first LNG import terminal
The Singapore-based liquefied natural gas (LNG) terminal developer LNG Alliance will join forces with the Government of Karnataka, a state in southwest India, and New Mangalore Port Trust (NMPT) to ... ( read original story ...)