Hong Kong will prohibit flights by Singapore Airlines Ltd.’s budget carrier Scoot traveling from Singapore after two passengers were confirmed to have Covid-19 on arrival. ( read original story ...)
First Test of Biofuel in Singapore Conducted by BHP and Oldendorff
This trial involved a partnership between Australian energy giant BHP and German shipping company Oldendorff Carriers working with GoodFuels that supplied the biofuel and the support of the Maritime ... ( read original story ...)
Northern Trust to Deploy Electronic Foreign Exchange Pricing Engine in Singapore
Northern Trust (Nasdaq: NTRS) today announced that it will set up a new electronic foreign exchange (eFX) pricing engine in Singapore, in partnership with the Monetary Authority of Singapore (MAS). ( read original story ...)
Singapore’s First Carbon Neutral LNG Cargo Uses Carbon Offsetting
In another example of the use of carbon offsets to achieve carbon neutrality, Pavilion Energy Singapore reported that it has imported Singapore’s first carbon-neutral LNG cargo. A subsidiary of the ... ( read original story ...)
SCDF unveils latest ambulance, new mobile command posts
A new ambulance model that has its own automatic decontamination system will begin operating later this year - a move that the Singapore Civil Defence Force (SCDF) said will help paramedics be better ... ( read original story ...)
Singapore non-oil exports surge 12.1% in March, beating forecasts
This is mainly due to higher demand for chips and non-electronics such as petrochemicals and pharmaceuticals.. Read more at straitstimes.com. ( read original story ...)
Commentary: Deliveroo’s IPO is a lesson to not underestimate investors
The Deliveroo IPO debacle should not be seen as a barometer of future stock market listings for a few reasons, says The Smart Investor's David Kuo. ( read original story ...)
Traditional IPOs outperform Spacs as blank-cheque frenzy cools
Special-purpose acquisition companies (Spacs) may have become the hottest must-have for business tycoons, celebrities and even athletes, but old-school initial public offerings (IPOs) have quietly ... ( read original story ...)
Singapore nickel trader’s lavish lifestyle allegedly fueled by $740m fraud
In a case that has riveted Singapore’s moneyed-classes, Ng was charged last month with four counts of fraud for allegedly raising at least S$1 billion ($740 million) from invest ... ( read original story ...)
Singapore regulator fines Bank J Safra Sarasin S$1m
Bank failed to establish source of wealth and funds of clients and beneficial owners #fine #jsafrasarasin #mas ... ( read original story ...)
Citibank to exit India consumer banking business as part of global rejig
Citi will focus its Global Consumer Bank presence in Asia and EMEA on four wealth centers — Singapore, Hong Kong, the UAE and London. As a result, Citi intends to pursue exits from its consumer ... ( read original story ...)
Why is Citibank exiting consumer business in India?
Citi has announced today its intention to exit from its consumer franchises in thirteen markets across the two regions which include India. This means the oldest foreign banking entity will be exiting ... ( read original story ...)
Citi Market Exit: Looking for Buyers for India Biz, No Impact on Existing Customers, Says Official
Citi India's Chief Executive Ashu Khullar has assured that there will be no immediate impact of the decision on its employees and operations in India. ( read original story ...)
Jail, caning for migrant worker who molested student, teaching staff at secluded area in Singapore
A 32-year-old migrant worker, who molested a teenager and a teaching support staff member at a secluded part of research and business park One-North in January, was sentenced to 20 months in jail and ... ( read original story ...)
Singapore retailer Naiise to go into liquidation, owner to file for bankruptcy
Homegrown retailer Naiise will go into liquidation soon, after stopping all operations yesterday. In a Facebook post this morning, its founder Dennis Tay said that he would also file for personal ... ( read original story ...)
Singapore-based esports firm bags $1m from Tembusu Partners’ PE fund
RSG aims to reach a gaming audience of 150 million in Southeast Asia by 2021 by expanding into newer emerging markets. ( read original story ...)