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Posted on 05/01/2022

Singapore Cases Pick Up Pace; U.S. Travel Advisory: Virus Update

Singapore infections increased at the fastest pace in nearly two months amid the worldwide spread of the omicron variant. A U.S. agency said travel to the Southeast Asian nation should be avoided. ( read original story ...)

Posted on 05/01/2022

Tencent Sells Roughly $3 Billion of Its Stake in Singapore’s Sea

The Chinese internet giant retains a 19% stake in the e-commerce and videogame company, whose value topped $120 billion recently. ( read original story ...)

Posted on 05/01/2022

Asia-Pacific trade deal: Businesses can get tariff cuts on 92% of goods, says Singapore minister

Gan Kim Yong, Singapore's minister for trade and industry, discusses the Regional Comprehensive Economic Partnership, which covers about 30% of the world's gross domestic product. ( read original story ...)

Posted on 05/01/2022

Covid Level in Singapore ‘Unknown,’ U.S. CDC Warns in Travel Notice

The U.S. Centers for Disease Control and Prevention on Tuesday reclassified its Covid-19 travel advisory for Singapore, guiding Americans to avoid travel to the Southeast Asian nation because the ... ( read original story ...)

Posted on 05/01/2022

Delhi HC dismisses Future group pleas to terminate arbitration proceedings in Singapore

The Future group suffered a setback on Tuesday when the Delhi high court dismissed petitions filed by two Kishore Biyani-owned entities – Future Coupons Pvt Ltd (FCL) and Future Retail Ltd – seeking a ... ( read original story ...)

Posted on 05/01/2022

China Mobile to debut in Shanghai after biggest China offering in a decade

The world's largest mobile network operator by total subscribers, China Mobile sold 845.7 million shares at 57.58 yuan ($9.06) each in Shanghai, the company said in an exchange filing on Tuesday ... ( read original story ...)

Posted on 05/01/2022

Tencent Plans to Sell a Stake in Singapore’s Sea for Up to $3 Billion

Tencent Holdings Ltd. has sold $3 billion of shares in Singaporean online gaming and e-commerce company Sea Ltd. as it seeks funds for new initiatives and philanthropic efforts to aid wealth ... ( read original story ...)

Posted on 05/01/2022

Singapore’s Sembcorp Marine facing new legal action

Singapore’s Sembcorp Marine is facing legal action and a claim for US$76 million, plus costs and interest, from a mystery vendor relating to four undisclosed contracts. Sembmarine confirmed in late De ... ( read original story ...)

Posted on 05/01/2022

842 new COVID-19 cases in Singapore; 438 Omicron infections confirmed

SINGAPORE: Singapore reported 842 new COVID-19 cases as of noon on Tuesday (Jan 4), including 502 imported infections. There were three fatalities, and the death toll from coronavirus complications ... ( read original story ...)

Posted on 05/01/2022

Singapore’s COVID-19 weekly infection growth rate back above 1 for first time since Nov 12

SINGAPORE: The weekly growth rate of COVID-19 infections in Singapore went above 1 on Tuesday (Jan 4) for the first time since Nov 12, 2021, data from the ... ( read original story ...)

Posted on 05/01/2022

Tencent to cut stake in Singapore tech group Sea

Chinese gaming and social media company Tencent has announced it will cut its stake in Singapore-based gaming and e-commerce firm Sea. ( read original story ...)

Posted on 05/01/2022

Ex-VP at UOB jailed after misappropriating nearly $5m from customer

He passed the bulk of the amount to a woman to support her nail spa business. . Read more at straitstimes.com. ( read original story ...)

Posted on 05/01/2022

South Korea’s Naver and Kakao Follow Binance Out of Singapore

Significantly, Naver also sits behind the globally popular mobile messenger app LINE ... Just last month, Binance withdrew its application to operate as a crypto exchange in Singapore. The withdrawal ... ( read original story ...)

Posted on 05/01/2022

Singapore manufacturing activity expands at faster pace in December

SINGAPORE - Manufacturing activity grew for the 18th straight month in December, amid optimism in the industry that growth will continue into this year, data out on Tuesday (Jan 4) showed. . Read more ... ( read original story ...)

Posted on 05/01/2022

Singapore’s manufacturing PMI rises marginally to 50.7 in December 2021

The Singapore purchasing managers' index (PMI), an early indicator of manufacturing activity, recorded a marginal increase of 0.1 points from the previous month to post a faster rate of expansion at ... ( read original story ...)

Posted on 05/01/2022

Singapore Manufacturing PMI Rises Slightly In December

Singapore's manufacturing growth improved marginally in December, after slowing slightly in the previous month, survey results from ... ( read original story ...)

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