Mindspace REIT had allocated 5.52 crore shares under the anchor allotment.Anchor allotment was led by FIIs such as government of Singapore, funds managed by Nomura, Capital Group, Fidelity, HSBC and S ... ( read original story ...)
Singapore PM Lee flags delay to retirement due to coronavirus
Singapore Prime Minister Lee Hsien Loong, 68, said on Saturday that he may have to delay his plans to step down as leader by the time he is 70 because of the novel coronavirus pandemic. "I had express ... ( read original story ...)
Singapore Adds New Role to Finance Minister in Reshuffle
Singapore’s Prime Minister Lee Hsien Loong reshuffled his cabinet after three members stepped down following an election win earlier this month that saw popular support for the ruling People’s Action ... ( read original story ...)
Coronavirus: Singapore welcomes Japan’s move to discuss resuming essential travel
Singapore welcomes Japan's move to include the Republic in discussions on the resumption of essential travel, and will work closely with Japan to make progress in this area, the Ministry of Foreign ... ( read original story ...)
Singapore man admits being China’s spy in US
A Singaporean man has pleaded guilty in the US to working as an agent of China, the latest incident in a growing stand-off between Washington and Beijing. Jun Wei Yeo was charged with using his ... ( read original story ...)
CEO and project director at one of Singapore’s major construction groups among the accused
Prominent Singaporean businessmen Pek Lian Guan and Pay Teow Heng of Tiong Seng Holdings have been accused of bribing former Land Transport Authority deputy group director Henry Foo Yung Thye in order ... ( read original story ...)
Uniquely Singapore products to mark nation’s birthday
Veteran pastry chef Ana Fong fondly remembers sharing one of her family business' past specialities - a hybrid between a cake and a pastry - with her siblings when she was a child.. Read more at ... ( read original story ...)
New MP Jamus Lim elected to Economic Society of Singapore’s council
Newly elected Member of Parliament Jamus Lim is among seven new faces on the Economic Society of Singapore's (ESS) council, the society announced on Thursday (July 23). The associate professor at ... ( read original story ...)
Singapore Bank Seeks Court Intervention for Distressed Shipping Group
Singapore’s OCBC Bank has sought a court-appointed supervisor to manage shipping firm Xihe Holdings Pte Ltd and four of its subsidiaries. Xihe Holdings is part of the troubled Singapore-based Lim ... ( read original story ...)
Singapore: Deflation seen unabated in H2 2020 – UOB
Economist at UOB Group Barnabas Gan reviewed the latest inflation data in Singapore. Key Quotes “Singapore’s headline consumer prices fell 0.5% y/y (0.0% m/m nsa) in June 2020 ... ( read original story ...)
Singapore to finish virus testing at migrant worker dorms within two weeks
Singapore will complete testing for COVID-19 cases among migrant workers living in dormitories by Aug. 7, about four months after authorities started quarantining tens of thousands of workers in their ... ( read original story ...)
Indonesia: Further decline in FDI – UOB
Economist at UOB Group Enrico Tanuwidjaja and Haris Handy reviewed the FDI figures in Indonesia during the April-June period. Key Quotes “Indonesia’s direct investment contrac ... ( read original story ...)
Singapore Press Holdings: Headwinds Persist
SPH is guiding for operating profit to be significantly lower in FY2020 vis-a-vis FY2019, given continued headwinds for its core media and property businesses. ( read original story ...)
Standard Chartered Bank forecasts Vietnam’s 2020 growth at 3 percent
Standard Chartered Bank expects Vietnam’s growth to slow to a multi-year low of 3 percent this year on soft external demand, with external headwinds set to offset domestic outperformance. ( read original story ...)
Singapore factory output shrinks for second straight month in June on fall in biomedical production
Singapore's factory output shrank for the second straight month in June, on the back of a plunge in biomedical manufacturing, according to data released by the Economic Development Board (EDB) on ... ( read original story ...)
Singapore’s manufacturing output continues decline with 6.7% fall in June
Singapore's manufacturing output continued its decline in June, with demand down in all clusters except electronics and precision ... ( read original story ...)