Analysts expect HSBC and Standard Chartered to report a combined US$3.4 billion in loan loss provisions for the second quarter. ( read original story ...)
UPDATE 1-Hin Leong owners try to block OCBC from picking at shipping units
The family that owns beleaguered Singaporean oil trader Hin Leong Trading (HLT) is seeking to block a request from creditor OCBC that overseers be appointed for Xihe Holdings and four of the family's ... ( read original story ...)
The Johor-Singapore Causeway opens for business, slowly
Up for discussion this week: The world’s busiest land border crossing flickers back to life as Singapore and Malaysia agree on terms for ... Up for discussion this week: The world’s busiest land ... ( read original story ...)
$10k fine for woman who failed to alert the authorities about company’s business with N. Korea
SINGAPORE - A Singapore-based company unlawfully supplied luxury items worth more than $6 million to North Korea, and its shipping manager failed to alert the authorities about these transactions.. ( read original story ...)
Bitter fight erupts in Haldirams group over property after death of family elder
Mahesh Agarwal’s death in Singapore has triggered an ugly struggle over property which became public recently after two Haldiram stores in Kolkata were vandalised by hoodlums. ( read original story ...)
Australia fast-tracks US$16 billion plan to send solar power to Singapore
The project, which aims to link an Australian solar farm to Singapore via a 3,700km undersea cable, will begin marine survey work in August. ( read original story ...)
Citi PremierMiles Card – MoneySmart Review 2020
Best Citibank Credit Cards in Singapore – Credit Card Reviews The Best Air Miles Credit Cards in Singapore Cashback vs Air Miles vs Rewards – Which credit card is best for you? The post Citi ... ( read original story ...)
Singapore PM’s nephew fined $11,000 for scandalising court
Singapore's high court fined the prime minister's nephew S$15,000 ($10,884) on Wednesday for scandalising the judiciary, in a long-running case related to a feud between the city-state's first family. ( read original story ...)
Southeast Asian IPOs show tentative revival as issuers brave markets
A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in Southeast Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic ... ( read original story ...)
Asean IPOs show tentative revival as issuers brave markets
A handful of companies from the technology and consumer durables sectors are aiming to launch IPOs in Southeast Asia later this year, pointing to an upturn after pandemic-hit markets and weak economic ... ( read original story ...)
Ant’s IPO Bonanza for Silver Lake, Warburg, Carlyle
A raft of U.S. private equity firms backed by the country’s largest endowment and pension funds stands to reap big gains from Ant Group’s highly anticipated initial public offering, even as U.S. ( read original story ...)
Mindspace Business Parks REIT IPO oversubscribed on day two of bidding; issue closes today
Mindspace Business Parks REIT initial public offering (IPO) enters its third and final day today after being subscribed 1.23 times by investors so far. ( read original story ...)
Lee Kuan Yew grandson convicted of contempt of court in Singapore
A grandson of Singapore's founding leader Lee Kuan Yew and nephew of the current prime minister was convicted Wednesday of contempt of court over a Facebook post criticising the judiciary during a ... ( read original story ...)
Singapore PM’s Nephew Found Guilty of Contempt, Fined S$15,000
The Singapore prime minister's nephew was found guilty of contempt of court and fined S$15,000 ($10,884) by the city-state's top court on Wednesday, media reported. ( read original story ...)
Singapore’s jobless rate jumps in the second quarter, as the coronavirus pandemic takes its toll
Singapore's jobless rate reached a decade high of 2.9%, provisional data showed on Wednesday, as the Covid-19 pandemic saw employment shrink in the services and construction sector. ( read original story ...)
Coronavirus: Singapore reports highest retrenchment levels since 2009 global financial crisis
Pumping more money alone can’t prop up Singapore economy, minister says Singapore has since embarked on a gradual reopening of its economy as the number of coronavirus infections stabilises. Retail ... ( read original story ...)