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Posted on 11/11/2024

Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition

The fall in profits was due to "increased capacity and stronger competition in key markets," the airline said.

Posted on 11/11/2024

Singapore broadens scope of mutual legal assistance for cross-border crime under new law

SINGAPORE’S law enforcement agencies will be able to enforce confiscation orders made by any competent foreign authority and take evidence from persons under foreign investigation, among other legal ...

Posted on 11/11/2024

Singapore Airlines to Invest INR 3,194.5 Crore in Tata’s Merged Air India and Vistara Entity

SIA will contribute its 49 per cent stake in Vistara, as well as INR 2,058.5 crore in cash, to secure a 25.1 per cent equity share in the merged airline.

Posted on 11/11/2024

Swiggy IPO allotment today: Steps to check status, current GMP, other details

The Swiggy IPO allotment of shares will be finalised on Monday, November 11, 2024, and investors will be able to check their allotment status on the Swiggy IPO registrar portal, which is Link Intime ...

Posted on 11/11/2024

Winking Studios Prices London IPO at 15 Pence a Share; To Start Trading Nov. 14

Singapore-listed Winking Studios priced its London initial public offering at 15 pence a share, implying a market capitalization of 66.1 million pounds ($85.4 million) when trading starts on the ...

Posted on 11/11/2024

Niva Bupa Healthcare IPO sails through on last day of bidding process. Check GMP, other details

Under the OFS, Bupa Singapore Holdings and Fettle Tone will offload their ... Analysts advised investors to subscribe to the IPO from a long-term perspective even though it is priced on the aggressive ...

Posted on 11/11/2024

Singapore proposes unprecedented laws to stop stubborn scam victims from sending money to syndicates

SINGAPORE: With the scam situation getting worse here each year, the authorities are now preparing to take some intrusive measures to combat the scourge.

Posted on 11/11/2024

UOB shares jump after CEO says bank will consider share buyback, sees better loan growth in 2025

SINGAPORE – UOB will consider a share buyback, among other options, chief executive Wee Ee Cheong said at an earnings briefing on Nov 8, sending the bank’s shares rallying. The stock closed up $2.39, ...

Posted on 11/11/2024

Sharael Taha on Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill

Singapore's attractiveness for foreign direct investments is underpinned by its robust legal framework, skilled workforce, political stability, excellent transportation system and world-class ...

Posted on 11/11/2024

QCP Trading Moves Toward Regulated Crypto Spot Trading with MAS Approval

QCP Trading, a provider of over-the-counter (OTC) spot trading services for digital assets, has been granted in-principle approval for a Major Payment Institution (MPI) license by the Monetary ...

Posted on 11/11/2024

Singapore Air Vows to Expand Capacity Despite Rising Competition

Singapore Airlines Ltd. says it doesn’t plan to rein in expanding its capacity despite previously warning of a tougher outlook as competition from rivals intensifies.

Posted on 11/11/2024

Singapore study to test if pairing wearable devices with health coaches can change lifestyle habits

SINGAPORE – A team from Alexandra Hospital (AH) is testing if using wearable fitness devices alone can change lifestyle habits, or if there is a need for a human health coach to nudge people regularly. The pilot programme, called Activation, is a ...

Posted on 11/11/2024

Removing mandatory sentences for first-time offenders among proposed changes to Singapore’s road traffic laws

The changes are necessary to strike a balance between deterrence and proportionality, says the Home Affairs Ministry.

Posted on 11/11/2024

Korean vendor seeks to wind up troubled Qoo10 in Singapore High Court over S$72.3 million debt

SINGAPORE - A Korean gift certificates vendor that is allegedly owed nearly 76 billion won (S$72.3 million) in debt is seeking to wind up beleaguered online marketplace Qoo10 in Singapore’s High Court.

Posted on 11/11/2024

Singapore shares open higher on Monday; STI up 0.6%

Singapore-based investment holding company HS Optimus was the most actively traded counter by volume. The company – which operates investment, door manufacturing and property businesses – was trading ...

Posted on 11/11/2024

Singapore Airlines to invest ₹3,194.5 crore more into Air India after Vistara merger for 25.1% stake

Singapore Airlines will invest an additional ₹3,194.5 crore into the newly merged entity comprising of Vistara and the Tata-owned Air India for a 25.1% stake ...

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