South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.
Singapore to Halt $1.69 Billion Allianz Deal for Majority Stake in Income Insurance
The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore insurance company Income Insurance.
Singapore blocks massive US$1.7bil Allianz-income insurance deal; govt says it is not good for public interest
Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open to a new deal if its concerns can be addressed, Prime Minister Lawrence Wong said in a Facebook post on Monday.
Singapore Blocks $1.7 Billion Allianz-Income Insurance Deal
The Singapore government is seeking to stop a proposed deal by Allianz SE to buy a majority stake in Income Insurance Ltd. under its current form. Most Read from BloombergDubai’s Allure to Expats Is ...
Singapore banks expect lower rates, China stimulus to boost wealth business
Singaporean banks' mainstay wealth businesses are set to drive growth in the near-term on interest rate cuts and hopes of a revival in the Chinese economy, even as they are expected to post a ...
Singapore Retains Tight Policy Stance as Growth Accelerates
Singapore’s central bank kept its monetary settings unchanged, defying a global wave of policy easing as the city-state’s economy powered ahead in the third quarter.Most Read from BloombergDubai’s Allure to Expats Is Weighing on City’s InfrastructureThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingThe Cablebus Transformed Commutes in Mexico City’s Populous OutskirtsAs Brussels ...
Singapore Sticks to Tight Policy Stance, Defies Global Shift
Singapore’s central bank kept its monetary settings unchanged in defiance of a global shift to policy easing, saying its current stance is consistent with medium-term price stability.
Singapore GDP Grew 2.1% Last Quarter on Manufacturing Rebound
Singapore’s economic growth accelerated in the third quarter, suggesting the recovery is gaining momentum in the face of tight monetary settings and intensifying geopolitical tensions.
Singapore to Start Trial of Opposition Leader in Lying Scandal
Singapore’s opposition leader is set to start his trial on Monday for allegedly lying, potentially drawing more scrutiny on his party before a general election that must be held by next year.Most Read ...
CNA Explains: How Singapore deals with online harms like image-based sexual abuse
A Singapore government survey in April found a rise in harmful content encountered on social media platforms. Cyberbullying and sexual content were the most common types – and in the latter category ...
Singapore authorities developing guidelines to help companies manage extreme weather risks
A new set of guidelines will help companies in Singapore better manage the risks that come with extreme weather conditions, even as heatwaves and heavy rains with strong winds become more frequent in ...
Why Singapore has devoted decades to naturalising the city – but is it prepared for the changing climate?
Singapore’s evolution from Garden City to City in Nature has been the latest step in a decades-long process by which an urban population is learning to coexist with the natural world.
Singapore University’s PhD Scholarship Offers Research Opportunities for International Students
The National University of Singapore (NUS) has launched the NUS Industry-Relevant PhD Scholarship (NUS-IRP), providing an opportunity for individuals interested ...
Remembering Garfield: Singapore flat dwellers get council nod for tribute to orange cat allegedly chucked from HDB block
Whampoa residents have set up a memorial for Garfield, a beloved community cat that died on October 7, after allegedly being thrown from the 38th floor of their HDB block. Instagram user Noreen Loh ...
Synology Solution Day 2024 in Singapore marks the arrival of its enterprise solutions into the small yet powerful country
Synology recently wrapped up its Solution Day 2024 event in Singapore, drawing strong attendance from the local IT community. Attendees gathered to explore Synology's latest advancements in data ...
Mattel unveils its first Diwali Barbie, only 50 brought into Singapore
The doll is designed by Indian fashion designer Anita Dongre and released just in time for Deepavali. Read more at straitstimes.com.