The commerce and industry ministry has set country-wise goals targeting a 32% rise on-year in exports to the US at $68.33 billion, 110% increase at $35.02 billion to the UAE and 49% growth over FY21 ... ( read original story ...)
Singapore allows travellers through Vaccinated Travel Lanes; all you need to know
VTLs are travel corridors for fully vaccinated travellers. At present, Singapore plans to open the corridor with Germany and Brunei Darussalam only from September 8. ( read original story ...)
Regulation is the ‘first priority’ for Singapore-based digital asset exchange ZipMex: CEO
Marcus Lim, Founder and CEO of ZipMex explains how the company is differentiating itself apart by "being regulated in multiple jurisdictions", and discusses its long-term business strategy. ( read original story ...)
Singapore’s MM2 Asia Agrees Loss-Making Sale of Cathay Cinema Chain
Singaporean entertainment mini-conglomerate mm2 Asia has finalized terms for the sale of Cathay Cineplexes, the country’s third largest cinema chain. The cinema exhibition sector has been badly hurt ... ( read original story ...)
Singapore to send 500,000 Pfizer doses to Australia to aid vaccination rollout
Singapore will be sending around 500,000 doses of its existing stock of Pfizer-BioNTech COVID-19 vaccines to Australia to help it accelerate its vaccination programme. ( read original story ...)
Singapore government expands bug hunt with hacker rewards scheme
Country's government CIO has introduced a bug-hunting programme that offers up to $5,000 for white hackers to uncover security vulnerabilities in systems used by the public sector. ( read original story ...)
SoftBank-backed ride-hailing firm Ola plans to raise $1 billion in India IPO
Indian ride-sharing firm Ola is planning to raise up to $1 billion through an initial public offering, a source familiar with the situation told CNBC. ( read original story ...)
Singapore Ponders CBDC Release with Shortlist of Companies
The 15 finalists that are chosen will help Singapore build and release a retail central bank digital currency (CBDC). ( read original story ...)
July bank lending up 12% in fastest growth on record: MAS data
Bank lending in Singapore posted the fastest monthly growth on record in July, lifted by unusually strong demand across several business segments and unsecured personal loans.. Read more at ... ( read original story ...)
Covid threatens Singapore’s business hub crown
The Schneuwly's predicament shines a light on the difficult position Singapore's government finds itself in. Its economy has traditionally relied on the many foreigners who live and work in the ... ( read original story ...)
Singapore, Sydney, Seoul and Taipei: How property prices in four Asia-Pacific cities stack up
Real estate prices in Asia-Pacific have boomed as homebuyers take advantage of pandemic-induced stimulus and international investors look to invest their cash. ( read original story ...)
NETS Appoints UOB’s Head of Group Tech and Operations as New Chairman
NETS appointed Susan Hwee, UOB’s Head of Group Technology and Operations as its new Chairman from 1 September 2021 onwards. ( read original story ...)
Singapore Billionaire Brothers Win Mixed-Use Site With $766 Million Bid As Housing Market Heats Up
Far East Organization and Sino Group—both controlled by billionaire brothers Robert and Philip Ng—won the auction for a hotly contested mixed-use commercial and residential site in western Singapore. ( read original story ...)
Singapore GRMs improve, but they are not enough
Benchmark Singapore gross refining margins (GRMs) have increased in August. GRM is the margin refiners earn from turning every barrel of crude oil into fuel products. “Singapore GRM is at a 22-month ... ( read original story ...)
Singapore Airlines pivots further into e-commerce with Kris+ app and bookings site Pelago
S'pore's national carrier has doubled down on e-commerce to stay ahead amid a battered aviation outlook, via a digi wallet and bookings site. The iconic Singapore Girl greeting us at the passenger ... ( read original story ...)
mm2 to sell cinema business including Cathay for S$84.8M to cope with Covid-19 financial woes
Asia is selling their cinema business under Cathay to Kingsmead Properties for S$84.8 million amid financial woes caused by Covid-19. Cinema operator mm2 Asia, under the Cathay brand, is in talks with ... ( read original story ...)