Lakshmi Vilas Bank has been put under a moratorium and may be merged with the local unit of Singapore’s DBS Bank, the Reserve Bank of India said Tuesday ... ( read original story ...)
Singapore Will Not Join Biden’s ‘Cold War–style’ Coalition Against China, Says PM
Singapore will not be joining President-elect Joe Biden's ... "There will be countries who want to do business with China," he explained, adding: "To try and make a line-up, Cold War–style, I don't ... ( read original story ...)
The Man at the Center of Wirecard’s Deal Machine
Henry O’Sullivan, an outside adviser, was paid on 10 Wirecard deals, some of which are the focus of investigators trying to unravel the company’s collapse ... ( read original story ...)
6 shifts in global economy where opportunities may emerge, says group charting Singapore’s post-Covid economy
Covid world, the Emerging Stronger Taskforce is working on the premise that there will be no return to the old normal, even after the pandemic recedes.. Read more at straitstimes.com. ( read original story ...)
Singapore Minister Doesn’t See More Virus Aid Before Budget
Singapore isn’t expected to extend more virus aid until February’s budget, when the government is likely to provide targeted help to its weakest sectors, according to a senior official. ( read original story ...)
How Singapore has differentiated itself amid COVID-19
Singapore knew that facilitating crew change for seafarers stuck at sea could bring about risks such as importing Covid-19 cases, but it decided to go ahead anyway, to do the right thing ... ( read original story ...)
Mobile Guardian appointed as official mobile device management (MDM) services vendor for ChromeOS and iOS devices to be used in Singapore’s schools.
Mobile Guardian, the leading mobile device management (MDM) solution in the education sector has been selected as an official MDM vendor by the Singapore Ministry of Education (MOE) for ChromeOS and ... ( read original story ...)
Singapore Could Still Live With Virus Curbs For More Than a Year
Singapore could still be living with restrictions to curb the spread of the coronavirus for more than a year, even after it enters the next stage of pandemic easing measures as cases comes under ... ( read original story ...)
Singapore Minister Doesn’t See More Virus Aid Until Next Budget
Singapore isn’t expected to extend more virus aid until February’s budget, when the government is likely to provide targeted help to its weakest sectors, according to a senior official. ( read original story ...)
Singapore’s Red Ants are here to remind (and occasionally shame) you into wearing your mask
Safe distancing ambassadors help ensure Singaporeans are observing health guidelines to maintain the country’s success in curbing cases of COVID-19. ( read original story ...)
A successful IPO gives hope to Singapore’s deep-tech ambitions
Despite the research strengths of Singapore’s universities, deep tech has remained a niche space. Nanofilm’s IPO, however, can change that. ( read original story ...)
DBS To Rescue Lakshmi Vilas Bank, First Such Move By A Foreign Lender
Singapore-based DBS's Indian unit will pump in Rs 25 billion ($336 million) in fresh capital, the central bank said in a statement Tuesday. "Not one rupee of depositors is at risk," said T N Manoharan ... ( read original story ...)
1 in 4 Singapore employers plan to freeze salaries next year: Survey
SINGAPORE (THE BUSINESS TIMES) - About a quarter of organisations in Singapore plan to introduce or continue with salary freezes in 2021, a tad fewer than the 30 per cent that paused wage increments ... ( read original story ...)
Southeast Asia could gain as supply chains shift during the pandemic, Singapore minister says
The pandemic has changed the way companies deploy their employees and they organize supply chains – possibly creating opportunities for Southeast Asia, says Singapore's trade minister. ( read original story ...)
India set to hand troubled Lakshmi Vilas Bank to Singapore’s DBS
India has placed private-sector lender Lakshmi Vilas Bank Ltd under a moratorium and has restricted withdrawals of more than 25,000 rupees ($335.80), according to a finance ministry statement on ... ( read original story ...)
Singapore Will Be in Phase 3 of Virus Curbs for ‘Quite A While’
Singapore could be in a so-called Phase 3 of virus curbs for more than a year, until an effective vaccine or treatment is widely available and distributed, Education Minister Lawrence Wong, who also ... ( read original story ...)