Singapore’s sovereign wealth fund GIC Pte plans to invest more than $1 billion in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chinese payments behemoth, ... ( read original story ...)
Singapore touts ‘hybrid’ conventions as COVID shrinks $3bn industry
With coronavirus cases on the decline here, Singapore wants to become a global hub for "hybrid" conventions that combine online and in-person elements for greater economic payout with less infection ... ( read original story ...)
Singapore launches safer cyberspace masterplan 2020 to strengthen cybersecurity
Singapore's Deputy Prime Minister Heng Swee Keat announced Singapore's Safer Cyberspace Masterplan 2020 at the opening ceremony of the virtual Singapore International Cyber Week on Tuesday evening. He ... ( read original story ...)
Singapore will pay citizens to have a baby during the pandemic
Singapore will offer a one-time payment to aspiring parents during the coronavirus pandemic. The country's deputy prime minister said the incentive would help reassure people who face financial ... ( read original story ...)
DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
The Singapore-based multinational banking entity DBS and Standard Chartered have completed the proof-of-oncept of their blockchain trade finance platform called the Trade Finance Registry. The two ... ( read original story ...)
Singapore’s REITS are ‘quite attractive’ at the moment: DBS
Singapore's real estate investment trusts for retail malls are "quite attractive," with rental yields of around 5% making a great income generating asset for our barbell construct, says DBS Bank's Hou ... ( read original story ...)
Singapore: Recovery looks well and sound so far – UOB
Economist at UOB Group Barnabas Gan reviewed the recent PMI releases in Singapore. Key Quotes “Singapore’s manufacturing PMI reported by SIPMM rose 0.2 points to register 50.3 ... ( read original story ...)
US business leaders reaffirm confidence in Singapore’s ability to seize opportunities amid Covid-19
US business leaders in Singapore have expressed confidence in Singapore's ability to seize opportunities and overcome the challenges of Covid-19 pandemic.. Read more at straitstimes.com. ( read original story ...)
Singapore PM takes the stand in defamation case against blogger
Singapore's prime minister testified in court on Tuesday in his defamation case against a blogger who shared an online article linking him to Malaysia's 1MBD money-laundering scandal. As the head of a ... ( read original story ...)
Singapore’s Temasek Launches $55 Billion Asset Management Holding Firm
Singapore state-owned investor Temasek Holdings Pte. established a new holding company for four of its existing asset management companies to help raise more funds independently and save costs. ( read original story ...)
Coronavirus Impact: Singapore’s Changi Airport, World’s Best, Warns Of ‘Daunting Period’ Ahead
Singapore's Changi Airport is struggling as world air traffic takes a hit amid the COVID-19 pandemic, cautioning a prolonged crisis in the offing. ( read original story ...)
No recovery in sight for Asia-Pacific’s commercial property sector as Covid-19 travel restrictions slam deals, retail sales
Meaningful rebound is unlikely to occur until global travel restrictions imposed to curb the spread of coronavirus are lifted, say real estate agents. ( read original story ...)
SMEs in Singapore: OCBC and the kombucha queen
Singapore’s OCBC Bank issued a press release touting the financial benefits of its Virtual SME Campus, a series of two-hour webinars that aim to equip local small and medium-sized enterprises (SMEs) ... ( read original story ...)
Jail for man who took bribes for showing lenient construction site inspections of Singapore Customs building
A resident technical officer accepted more than $5,000 in bribes in return for showing leniency over the inspections of the the Customs Operations Command Complex (COCC) construction site.. Read more ... ( read original story ...)
Singapore’s GIC Plans to Invest More Than $1 Billion in Ant IPO
Singapore’s sovereign wealth fund GIC Pte plans to invest more than $1 billion in Ant Group’s mega initial public offering as early investors look for a bigger slice of the Chinese payments behemoth, ... ( read original story ...)
Converge ICT targets Philippines biggest IPO
The Philippines’ Converge ICT Solutions Inc is targeting the country’s biggest initial public offering (IPO) after setting price terms to raise as much as US$680mil, sources said, amid a boom in ... ( read original story ...)