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Posted on 20/11/2020

UOB $181m lawsuit against Lippo unit, 7 others over alleged conspiracy to get higher loans for condo buyers begins

The loans were for the purchases of 38 units in the Marina Collection developed and sold by Lippo.. Read more at straitstimes.com. ( read original story ...)

Posted on 20/11/2020

DBS Group: The Worst Is Most Likely Over

Net profit increased by 4% in last quarter. The bank is still prudently making provisions for potential non-performing loans. ( read original story ...)

Posted on 20/11/2020

Singapore B2B Payments Sector Analysis 2020: A Closer Look at Small Business Expenses SME Credit Cards

The "B2B Payments Report Singapore 2020" report has been added to ResearchAndMarkets.com's offering. The Business to Business Payments Report Singapore 2020, is a comprehensive review of the business ... ( read original story ...)

Posted on 20/11/2020

Lakshmi Vilas Bank put under moratorium, to be merged with DBS

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 ...)

Posted on 20/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

Posted on 19/11/2020

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 ...)

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