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 ...)
813 new Covid-19 cases in Singapore; 365 Omicron infections confirmed
Singapore has recorded 283,214 Covid-19 cases since the start of the pandemic. SINGAPORE — Singapore reported 813 new Covid-19 cases as of noon on Thursday (Jan 6), including 390 imported infections. ( read original story ...)
Singapore COVID infection rate rises to 1.5, 3rd day running at above 1
The Ministry of Health on 6 January confirmed 813 new COVID-19 cases in Singapore, bringing the country's total case count to 283,214. ( read original story ...)
OCBC Bank Customers Lost $8.5 Million in Fake SMS Phishing Scams; Police Downplays Hopes of Recovering Stolen Funds
Fraudsters stole at least S$8.5 million from OCBC Bank customers through fake SMS impersonating the bank. OCBC warned of increased phishing scams in December 2021. ( read original story ...)
Revolut Singapore Now Approved by Monetary Authority of Singapore to Offer Gold, Silver Exposure to Clients
Revolut has acquired approval from the Monetary Authority of Singapore to provide clients with gold and silver exposure via the firm's Fintech app. ( read original story ...)