The Ministry of Home Affairs (MHA) has slammed an opinion piece that was published in Japanese financial newspaper Nikkei Asia, saying it was “full of inaccuracies”. The commentary had criticised ... ( read original story ...)
Singapore fund joins Morrisons siege
Singapore’s sovereign wealth fund has joined forces with the Fortress-led consortium pursuing Wm Morrison, giving the bidder more firepower to raise its offer if required.GIC said yesterday that it ... ( read original story ...)
Singapore’s champion and the fight to defend his Olympic crown: Joseph Schooling’s Tokyo challenge
TOKYO: Who can forget that Saturday morning in Singapore five years ago when Joseph Schooling stunned the world at the Rio Olympics. His ... ( read original story ...)
Of 136 new COVID cases in Singapore, 29 linked to Jurong Fishery Port and KTVs
The Ministry of Health (MOH) on Wednesday (28 July) reported 136 new COVID-19 cases in Singapore, taking the country's total case count to 64,589. ( read original story ...)
mm2 Asia gets offer for Cathay cinema business
Singapore-listed mm2 Asia has received an offer for its Cathay cinema business from local financial investment firm Kingsmead Properties.. Read more at straitstimes.com. ( read original story ...)
Singapore Wealth Fund Joins Fortress’s Bid for Morrison
Singapore’s sovereign wealth fund is joining Fortress Investment Group’s 6.3 billion pound ($8.75 billion) bid for Wm Morrison Supermarkets Plc as the battle for Britain’s fourth largest grocer heats ... ( read original story ...)
Daily briefing: Shipping rates may rise further: analyst; 4 global firms to set up shop in ‘smart business district’
US Defence Secretary. From CNBC Shipping rates have increased, but not to their highest, an analyst said as the industry is not yet headed to a “supercycle.” Shipping rates increased this year as the ... ( read original story ...)
CDL’s Chia Ngiang Hong on Singapore’s property trends and future opportunities
Chia Ngiang Hong, group general manager of City Developments Limited (CDL) on the local luxury residential market. ( read original story ...)
US has ‘no plans right now’ to increase LCS presence in Singapore, says Navy chief
CNO Adm. Mike Gilday said that “there are no plans right now to actually increase the numbers that rotate in and out of Singapore,” adding that he thinks the current operating model meets the Navy’s ... ( read original story ...)
COVID-19: Private investment to recover mid-2022: DBS
Private consumption, which has taken a hit due to a local COVID-19 outbreak that started in May, is not expected to recover until the middle of next year, given Taiwan’s low vaccination coverage and a ... ( read original story ...)
5 new Covid-19 clusters in S’pore, bakery business in Jurong to close til Aug. 12
The Ministry of Health (MOH) has preliminarily confirmed 136 new cases of Covid-19 infection in Singapore as of 12pm on Wednesday (July 28). This brings the total number of Covid-19 cases reported in ... ( read original story ...)
M1 launches 5G Standalone network in Singapore
M1 plans to accelerate the roll out of its 5G SA network and extend its coverage to about 75% nationwide by the end of the 2021 ... ( read original story ...)
Why Singapore’s central bank chief Ravi Menon has been airing views on wealth tax, immigration and climate change
In a series of lectures, Menon has discussed the arguments for a minimum wage, immigration and a higher carbon tax to combat climate change. ( read original story ...)
Singapore’s central bank lifts dividend restrictions on local banks
SINGAPORE - Restrictions imposed during the pandemic last year that capped dividend payouts from local banks and finance companies have been lifted.. Read more at straitstimes.com. ( read original story ...)
Report: Singapore’s GIC leads $53m round of IPO-bound Indian travel startup
Online travel app Ixigo has raised US$53 million from investors led by Singapore sovereign wealth fund GIC, ahead of its proposed initial public offering,” the Economic Times reported, citing ... ( read original story ...)
Ola expands ESOPs pool to Rs 3,000 crore ahead of IPO
Ola is also giving employees an additional Rs 400 crore in stocks in the run-up to its IPO. The allocation rewards Ola's high-impact employees and will lead to long-term wealth creation for them, the ... ( read original story ...)