Far East Organization and Sino Group—both controlled by billionaire brothers Robert and Philip Ng—won the auction for a hotly contested mixed-use commercial and residential site in western Singapore. ( read original story ...)
Singapore GRMs improve, but they are not enough
Benchmark Singapore gross refining margins (GRMs) have increased in August. GRM is the margin refiners earn from turning every barrel of crude oil into fuel products. “Singapore GRM is at a 22-month ... ( read original story ...)
Singapore Airlines pivots further into e-commerce with Kris+ app and bookings site Pelago
S'pore's national carrier has doubled down on e-commerce to stay ahead amid a battered aviation outlook, via a digi wallet and bookings site. The iconic Singapore Girl greeting us at the passenger ... ( read original story ...)
mm2 to sell cinema business including Cathay for S$84.8M to cope with Covid-19 financial woes
Asia is selling their cinema business under Cathay to Kingsmead Properties for S$84.8 million amid financial woes caused by Covid-19. Cinema operator mm2 Asia, under the Cathay brand, is in talks with ... ( read original story ...)
Singapore has a new richest person with US$20 billion fortune
Forrest Li, Sea Ltd.’s billionaire co-founder, chairman and CEO, has become Singapore’s richest person as shares of his company surged. ( read original story ...)
New startup founded by Temasek acquires Singapore AI firm
Aicadium, a tech firm based in Singapore and the founded by Temasek, today announced the acquisition of BasisAI, a provider of scalable and responsible AI software. Specific details about the deal ... ( read original story ...)
Singapore’s Got a New Richest Person With a $19 Billion Fortune
Forrest Li, Sea Ltd.’s billionaire co-founder, chairman and chief executive officer, has become Singapore’s richest person as shares of his company surged. Li, who was born in China and later became a ... ( read original story ...)
Singapore Good Design 2021 First Ever Virtual Exhibition
Singapore’s multidisciplinary design chamber, the Design Business Chamber Singapore (DBCS), is set to showcase the designs of its annual ... ( read original story ...)
From mushroom leather to detecting cancer: Five Singapore outfits win for their IP
SINGAPORE - In spite of the Covid-19 pandemic, companies have been tapping their intellectual property (IP) to grow, with many using Singapore as a base to manage their intangible assets.. Read more ... ( read original story ...)
Singapore PM vows moves to ‘defuse resentments over foreigners’
Singapore Prime Minister Lee Hsien Loong pledged to tighten restrictions on foreign workers, tackling an issue that has stirred anger in the traditionally ... ( read original story ...)
Singapore to tighten salary criteria for foreign workers
Foreign labour was a hot-button topic in last year’s elections due to the perception of unfair hiring practices against locals ... ( read original story ...)
Singapore Property Billionaire Sells Over Half Of Condo Project During Weekend Launch Amid Housing Boom
UOL Group—controlled by billionaire Wee Cho Yaw—said it has sold more than half of a residential condominium project in northern Singapore launched over the weekend, reflecting robust demand in one of ... ( read original story ...)
Singapore’s crime up by more than 11% in first half of 2021, due to uptick in scam cases
SINGAPORE: Crime is on the rise in Singapore with the total number of reported cases jumping by 11.2 per cent year-on-year to 19,444 cases in the first half of this year. The increase was largely ... ( read original story ...)
Singapore companies pivot to new businesses amid Covid-19 hit
SINGAPORE - Listed companies here have been venturing into new businesses since the pandemic hit, with the aim of generating additional streams of revenue.. Read more at straitstimes.com. ( read original story ...)
India’s coal import rises 50% to 19 mn tonnes in June
Coal import during June through the major and non-major ports decreased by 5.76 per cent over May this fiscal, it said. ( read original story ...)
Singapore fully vaccinates 80% of population against COVID-19
Singapore has fully inoculated 80% of its 5.7 million people against COVID-19, the health minister said on Sunday, becoming the world's most vaccinated country and setting the stage for further easing ... ( read original story ...)