In response to calls in the Fortitude Budget for more support for upskilling, digital adoption, and financial support for vulnerable communities, PwC Singapore has launched several new initiatives to ... ( read original story ...)
Bank of Singapore appoints industry veteran Lim Leong Guan as new global head of products
SINGAPORE - Bank of Singapore said on Monday (June 8) that it has appointed industry veteran Lim Leong Guan as its new global head of products with immediate effect.. Read more at straitstimes.com. ( read original story ...)
Singapore Airlines Secures More Than $7 Billion From Credit Lines, Rights Issue
Singapore Airlines (SINGF) announced on Monday that it has raised a total of S$10 billion ($7.17 billion) of liquidity, through a mix of secured and unsecured credit facilities, as well as a recent ... ( read original story ...)
Singapore Airlines secures $1 billion additional credit after rights issue
Global airlines have taken a huge blow as curbs imposed to stop the spread of the coronavirus led to a plunge in travel demand, leading to a liquidity crisis at firms. Singapore Airlines' total ... ( read original story ...)
Singapore can remain exceptional in these testing times
We will step up testing and contact tracing significantly. Then we can catch new cases early, isolate them and their contacts, and stamp out clusters before they grow. If all goes well and the ... ( read original story ...)
Is The Stock Market’s Optimism For Economic Recovery Valid?
The gap between the current ADS level and what's considered a growth profile is an economic chasm. Deciding if the market is accurately pricing in the economic ... ( read original story ...)
Singapore heading for record unemployment in 2020 -finance minister
Singapore's finance minister said its unemployment rate could rise to a record of over 100,000 in 2020 due to fallout from the COVID-19 pandemic. Sin ... ( read original story ...)
Strong demand for HK dollar ‘linked to IPO market’
The Hong Kong Monetary Authority (HKMA) has intervened the local currency market to prevent the Hong Kong dollar from breaching the strong end of ... ( read original story ...)
The CCl Exchange Has Become a Bellwether for the Issuance of New Currency at Home and Abroad
NEW YORK, NY / ACCESSWIRE / June 5, 2020 / The CCl Digital Currency Trading Platform, CCI Exchange, which is headquartered in Singapore, is a global digital currency trading service provider. The ... ( read original story ...)
Singapore retail sales post record 40.5% fall in April during COVID-19 lockdown
Singapore's retail sales fell a record 40.5% in April from a year ago due to lockdown measures implemented in the city-state to curb the spread of the novel coronavirus. The fall is the biggest since ... ( read original story ...)
Singapore bank deposits jump as Hong Kong, virus sow uncertainty
A record jump in money flowing into Singapore bank accounts from abroad underlines the city-state's safe haven appeal during the COVID-19 pandemic and political uncertainty in rival financial centre ... ( read original story ...)
Singapore to assess COVID-19 impact on digital bank bidders – sources
Bidders for five Singapore digital bank licences on offer will have to factor in how the COVID-19 outbreak has impacted their funding and profitability plans, as the central bank kicks off interviews ... ( read original story ...)
Thai Beverage: Waiting for Better Conditions Before Considering Beer IPO
Thai Beverage PCL's potential listing of its beer business could be delayed, with the Bangkok-based beverage company saying it is waiting for a better global economic outlook before reviewing such a ... ( read original story ...)
Singapore launches investigation into embattled water firm Hyflux
Singapore authorities said on Tuesday they had launched an investigation into water treatment firm Hyflux and its current and former directors for suspected false and misleading statements and ... ( read original story ...)
Need for public-private partnership has increased in infrastructure development: Singapore minister
With government budgets being significantly diverted to support pandemic-hit economies, need for private sector funding has increased to help countries meet their infrastructure demand, says Indranee ... ( read original story ...)
Singapore schools will put measures in place to protect students as they return, minister says
Given the coronavirus is likely to stay for a considerable period of time, students can't be kept away from their education for a whole year, says Indranee Rajah, Minister in the Prime Minister's ... ( read original story ...)