Singapore's Keppel Corporation on Wednesday (Nov 29) said its unit Keppel Capital Holdings will acquire all issued voting shares in European asset manager Aermont Capital in two tranches, for a ...
Shein IPO raises fresh questions on alleged forced labor in supply chain
As China-founded e-commerce behemoth Shein moves to list in New York, U.S. lawmakers are again calling on it to prove that forced labor is not used to make its $5 t-shirts and $10 sweaters. Shein ...
Boba tea faces challenge in Singapore due to new labeling law
Singapore will implement new labeling requirements for boba tea, necessitating the declaration of their sugar content. About the law: The law, prompted by concerns about the high sugar content in the ...
Singapore’s Keppel to buy Aermont Capital for $1 bln, expand into Europe
Keppel, backed by Singapore's state investment firm Temasek Holdings (TEM.UL), will finance the acquisition from various sources including unutilised banking facilities and internal cash resources, an ...
A Shein IPO will likely be one of the most contentious debuts in recent memory
Shein has plenty of enemies in Washington, D.C.—and they may throw a wrench in the company’s plans to go public.
Over S$2 million awarded to Team Singapore medallists at SEA and Asian Games; Shanti Pereira the biggest winner
Sprint queen Shanti Pereira received S$315,000 for her Asian Games gold and silver medals in Hangzhou, China, as well as her two SEA Games golds in Cambodia.
Coffee chain Spinelli to close all outlets in Singapore: BT
SINGAPORE – The Spinelli Coffee chain will close its remaining six outlets here by the end of 2023, it was reported on Nov 29. The two branches at the National University of Singapore’s campus will ...
Singapore minister seeks court order to identify TikTok users who posted false claims of affair
SINGAPORE: Law and Home Affairs Minister K. Shanmugam has applied for court orders against TikTok to compel the social media giant to disclose information about three users who had posted false ...
Column: Close loop on ‘Singapore model’ housing
At this point, Singapore’s housing model is a worn-out talking point. Its contours are as familiar as they are ethereal: dense leasehold social housing is how Hawaii can build our way out of the ...
Singapore mulls artificial islands for coastal defence
SINGAPORE: Singapore has said it is considering building artificial islands off its east coast to protect low-lying areas against rising sea levels caused by climate change.
Tiger Brokers (Singapore) adds 360 US Treasuries amid investor ‘flight to safety’.
In light of higher-for-longer interest rates, elevated inflation and the volatile macroeconomic backdrop, we have seen continued market interest towards US treasuries as these investments are ...
Unity Software cuts 3.8% of workforce; shuts office in Singapore and 13 other locations
VIDEOGAME software provider Unity Software will eliminate 265 jobs or 3.8 per cent of its global workforce, and end an agreement with a digital video effects company founded by the director of Lord of ...
Just 2 in 5 companies in Singapore’s manufacturing sector have sustainability initiatives
A NEW study has found that only 37 per cent of companies in Singapore’s manufacturing sector have implemented sustainability initiatives, though the figure is expected to double in the coming years.
Monetary Landscape of Singapore: Central Bank Chief Dismisses Role for Private Cryptocurrencies
The Chief of Singapore's central bank has unequivocally stated that private cryptocurrencies are unwelcome within the country's monetary framework ...
Filipino maids in Singapore model gowns they created from rubbish
For four hours on one of their Sundays off, about a dozen Filipino maids strutted on a stage inside the HFSE International School in Mountbatten Road wearing dazzling, colorful gowns and dresses made ...
Twitching rat on food tray: Singapore authorities find rodent infestation, hygiene lapses at food court
Tangs Market food court along Orchard Road and some of its vendors will face enforcement action after the authorities found rat infestation in the ...