The estranged brother of Singapore’s prime minister has taken aim at the family’s dominance of the city-state’s politics on the last day of campaigning ahead of general elec ... ( read original story ...)
Commercial property transaction volumes in Asia Pacific fall 14% in 2Q2020
Commercial property transaction volumes in Asia Pacific have fallen 14% q-o-q in 2Q2020, according to Knight Frank’s Asia Pacific research team.On a y-o-y basis, commercial transaction volume in Asia ... ( read original story ...)
Singapore fuel oil stocks at over three-year high, records first net import from China
China’s reliance on fuel oil imports from Singapore has begun to fade since it introduced new tax and export rules this year, encouraging refiners to ramp up fuel oil production and boosting its ... ( read original story ...)
Zhejiang wins China’s first private fuel export license: sources
SINGAPORE/BEIJING (Reuters) - China has granted Zhejiang Petroleum & Chemical Co (ZPC) a license to export refined oil products, making it the first private oil refiner to win such permission ... ( read original story ...)
After $9 Billion Credit Hit, Banks Seek Trade Finance Revamp
When Credit Agricole SA and HSBC Holdings Plc issued a payment guarantee for a $76.5 million fuel purchase from a Singapore trader in March, they unwittingly became the latest victims in a series of ... ( read original story ...)
China grants extra oil import quotas for private refiners -sources
SINGAPORE - China has issued more non-state crude oil import quotas to refiners, for a total of 26.84 million tonnes (195.93 million barrels) in its third batch for 2020, three sources familiar with ... ( read original story ...)
China gives private refiner Zhejiang Petroleum first-ever fuel export licence
China has granted Zhejiang Petroleum & Chemical Co (ZPC) a licence to export refined oil products, making it the first private oil refiner to win such permission, two sources with knowledge of the ... ( read original story ...)
Exports of Chinese “stinky” noodles soar in H1
In addition to the traditional export markets such as the United States, Australia and some European countries, shipments of the ready-to-serve food were also delivered to new markets including ... ( read original story ...)
Tencent Cloud teams up with ADBC on banking services
Singapore’s Asia Digital Bank Corporation could leverage Tencent Cloud’s financial cloud platform to provide banking services to SMEs ... ( read original story ...)
After $9 Billion Credit Hit, Banks Seek Trade Finance Overhaul
“It’s tumbling down like a house of cards - everybody is caught in the whirlwind,” said Robson Lee, a corporate finance law partner at Gibson, Dunn & Crutcher LLP’s Singapore offic ... ( read original story ...)
Kenneth Lai promoted to OCBC’s head of global treasury
Banking veteran Kenneth Lai was named OCBC's new head of global treasury effective on Oct 1, in an internal appointment that is part of the bank's leadership renewal.. Read more at straitstimes.com. ( read original story ...)
China Mobile outbids Hong Kong tycoons, Singapore rival with record price for Sha Tin industrial land in sign of market revival
China Mobile outbids eight rivals with record price for an industrial site in Sha Tin, New Territories in the first government land sale since the adoption of national security law. ( read original story ...)
How Whirlpool Singapore Fuels Innovation for Everyday Living in the Age of Social Distancing
We live in the age of digitisation where technology continues to enhance productivity and efficiency across multiple aspects of life. Today, smart homes are a reality thanks to the immense array of ... ( read original story ...)
Singapore’s ADBC and Tencent to jointly develop cloud-based banking solutions
Tencent Cloud has signed a memorandum of understanding (MoU) with Singapore's Asia Digital Bank Corporation (ADBC) to jointly develop cloud-based banking technology. Under the MoU, ADBC will use ... ( read original story ...)
Why venture debt can play an important role in startups building scalable models
In the latest episode of 100x Entrepreneur Podcast, Ishpreet Gandhi, Founder of Stride Ventures, talks about the emerging role of venture debt in India’s startup ecosystem. ( read original story ...)
Singapore stock watch: Olam, Keppel, Clearbridge, Hatten Land, Biolidics, ST Group Food
The following companies saw new developments that may affect trading of their securities on Thursday (July 9):. Read more at straitstimes.com. ( read original story ...)