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Posted on 04/01/2022

Singapore Manufacturing Activity Improved in December

Singapore's manufacturing activity grew at a quicker pace in December, mainly due to a faster expansion of new orders, ... ( read original story ...)

Posted on 04/01/2022

China slashes refined fuel export quota, raises LSFO -sources

China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur ... ( read original story ...)

Posted on 04/01/2022

Share Market Live Updates: Sensex zooms 500 points, Nifty crosses 17,750; NTPC, PowerGrid, SBI top gainers

Benchmark indices extended gains in the second trading session of 2022 today. Sensex rose 423 points to 59,607 and Nifty climbed 108 points to 17,733 in afternoon session. Earlier, Indian benchmark ... ( read original story ...)

Posted on 04/01/2022

The future of digital banking in Asia: Laying regulatory frameworks over digital banking foundations

This is an extract from Finextra's The Future of Digital Banking in Asia 2022 report. McKinsey’s recent Personal Financial Services (PFS) Survey shows that adoption of digital banking in emerging ... ( read original story ...)

Posted on 04/01/2022

Tencent to Reduce Voting Stake in Singapore Tech Group Sea

Chinese gaming and social media company Tencent Holdings Ltd has agreed to convert its Class B ordinary shares in Singapore-based gaming and e-commerce firm Sea Ltd into Class A ordinary shares, ... ( read original story ...)

Posted on 04/01/2022

Maid caring for woman with dementia gets jail for stealing $28,200 from employer

She sneaked off with the 82-year-old's debit card on 23 occasions and withdrew money. . Read more at straitstimes.com. ( read original story ...)

Posted on 04/01/2022

Ex-UOB VP pocketed nearly $5m from client for over a decade

For over a decade, a United Overseas Bank Vice President diverted close to $5 million of a customer's funds to a business partner for a nail spa business. ( read original story ...)

Posted on 04/01/2022

Former UOB vice-president jailed for pocketing about S$5 million from customer

SINGAPORE: Over 10 years, a vice-president at United Overseas Bank (UOB) misappropriated about S$5 million from a customer who believed he was putting the cash into a nominee bank account. Ling Shek ... ( read original story ...)

Posted on 04/01/2022

All eyes on Singapore’s reopening progress, VTL expansion for 2022 economic outlook

While the pace of relaxation of mobility curbs may have slowed in recent months, Singapore is still on track in its strategy to treat Covid-19 as endemic, analysts ... ( read original story ...)

Posted on 04/01/2022

Hit and hide? Battered mystery van abandoned on Singapore expressway (Video)

A banged-up delivery van was left with its engine still running in the middle of an expressway, according to a motorist who found it this morning. ( read original story ...)

Posted on 04/01/2022

MM2’s Singapore Cinema Sale Collapses as Investor Blames Omicron Impact

Mini-conglomerate mm2 Asia says that a deal to sell its Singapore cinemas business has fallen through. The deal was announced in August and should have been completed by Dec. 31, 2021. “Omicron ... ( read original story ...)

Posted on 04/01/2022

Indonesian air force chief of staff makes introductory visit to Singapore

SINGAPORE - The chief of staff of the Indonesian air force, Air Chief Marshal (ACM) Fadjar Prasetyo, is on an introductory visit to Singapore from Sunday (Jan 2) to Tuesday. . Read more at ... ( read original story ...)

Posted on 04/01/2022

Singapore’s home prices surge to the highest in more than a decade as the ultra wealthy flock to Southeast Asia’s business hub

Singapore’s price spike underpins the government’s move to impose a fresh round of curbs, which included raising additional stamp duties for second-home buyers and on foreigners purchasing private ... ( read original story ...)

Posted on 04/01/2022

Arlo Clinches 2022 CES Innovation Award for Fourth Consecutive Year with Unveil of All-New Arlo Security System

Leading, All-In-One Multi-Sensor and Security Hub with Integrated Keypad Featuring NFC Technology, Enhanced Encryption and More SINGAPORE - Media OutReach - 4 January 2022 - Arlo Technologies, Inc. ( read original story ...)

Posted on 04/01/2022

Chip shortage may turn into oversupply in 2024 for Asian foundries: Report

The chip shortage plaguing the semiconductor and electronics industries will likely ease in the second half of 2022 after automotive-related backlog is addressed in the first half, according to a ... ( read original story ...)

Posted on 04/01/2022

World’s largest trade deal is in force, but there’s still ‘work to be done,’ says Singapore minister

The Regional Comprehensive Economic Partnership is a mega trade agreement signed by 15 countries, which collectively cover about one-third of the world's population. RCEP is an important agreement ... ( read original story ...)

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