Singapore's United Overseas Bank UOBH.SI reported a smaller-than-expected 19% drop in first-quarter net profit, but it increased impairment charges in ... ( read original story ...)
Markit Singapore Whole Economy PMI Falls to Record Low of 28.1
Bloomberg’s Stephen Engle reports on the PMI data for Hong Kong and Singapore. He speaks on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) ... ( read original story ...)
Singapore sees rising number of cases, majority in foreign workers
Singapore reported 573 new coronavirus cases Monday, of which 560 were foreign workers living in dormitories, its health ministry said. Only eight cases were found in foreign workers living elsewhere. ( read original story ...)
Parliament: New Bill raises maximum fines for errant real estate agencies and property agents, further empowers CEA
Errant real estate agencies and property agents will face higher maximum fines of $200,000 and $100,000 per case respectively for breaching industry guidelines under a Bill passed in Parliament on ... ( read original story ...)
Singapore: A likely sharp contraction – Standard Chartered
Economists at Standard Chartered Bank downgrade the 2020 GDP growth forecast for Singapore to -9.6% from -3.1% previously. USD/SGD is trading at 1.4141. Key quotes “We downgrade ... ( read original story ...)
OCBC share price: 3 key considerations ahead of Q1 earnings
When will OCBC’s Q1 2020 financial results be released? Singapore bank Oversea-Chinese Banking Corp (OCBC) is set to announce its first quarter 2020 earnings for the three months ended 31 March 2020, ... ( read original story ...)
UOB launches UOB My Digital Space education programme for disadvantaged children across the region
United Overseas Bank (UOB) today launched UOB My Digital Space, a multi-year education programme to bridge the digital gap for children from disadvantaged backgrounds across the region and to connect ... ( read original story ...)
AI Hub Singapore creates first AI computer vision application that allows businesses to monitor social distancing with a mobile phone
To allow more businesses and people to monitor social distancing easily, AI Hub Singapore has created an AI application that turns a ubiquitous device - a mobile phone - into a social distance ... ( read original story ...)
Singapore-based logistics firm Ninja Van raises $279 mln
E-commerce delivery firm Ninja Van said it raised $279 million in funding from investors including Facebook co-founder Eduardo Saverin's B Capital and ride-hailing firm Grab as the COVID-19 pandemic ... ( read original story ...)
Singapore’s factory activity shrinks to lowest reading since November 2008 amid COVID-19 outbreak
Singapore’s factory activity shrank for the third consecutive month in April amid a “circuit breaker” period to curb the spread of ... ( read original story ...)
Singapore Parcel Delivery Firm Ninja Van Seeing Small Demand Increase
Lai Chang Wen. chief executive officer of Singapore’s parcel delivery firm Ninja Van, discusses how the coronavirus outbreak is affecting demand for its services, and the company's growth strategy. ( read original story ...)
‘I’m a sovereign’: Singapore woman who refused to wear face mask cites radical US movement
A woman being investigated for assault and not wearing a face mask referenced the sovereign citizen movement, in which people believe they are above the law. ( read original story ...)
UOB share price: 4 key considerations ahead of Q1 earnings
Here are four pivotal points that investors should know ahead of United Overseas Bank’s earnings release on 06 May 2020. ( read original story ...)
Singapore’s logistics startup Ninja Van raises $279M
Ninja Van, a Singapore-based logistics startup, has secured an additional $279 million in fresh funding as it works to scale its operations to keep up with the surge in e-commerce deliveries in six ... ( read original story ...)
Singapore-based logistics firm Ninja Van raises $279 million
Three evenly spaced dots forming an ellipsis: "...". Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. SINGAPORE (Reuters) - E-commerce ... ( read original story ...)
Singapore’s Ninja Van Raises $279 Million After E-Commerce Surge
Singapore’s Ninja Van has raised $279 million from investors including France’s GeoPost SA and ride-hailing giant Grab, one of the few startups to score new funding since Covid-19 chilled deal ... ( read original story ...)