Singapore’s communications minister said mobile phone carriers awarded 15-year licenses to operate 5G networks offering fast data transmission will have enough time to recoup their investment and make ... ( read original story ...)
Here’s how Luckin Coffee, the ‘poster child’ and ‘dream client’ of Credit Suisse, turned into the bank’s worst nightmare
Before the accounting scandal and the stock crash and the defaulted loans, Luckin Coffee's billionaire founder Lu Zhengyao was an ideal customer for Credit Suisse Group."I've had I don't know how many ... ( read original story ...)
Lower interest rates are the biggest headwind this year, says CEO of Singapore’s largest bank
The Federal Reserve's "big cuts" to its policy rates will eventually lead to lower interest rates in Singapore, says Piyush Gupta, chief executive of DBS Group Holdings. ( read original story ...)
Singapore reports 528 new coronavirus cases, taking total to 16,169
Singapore confirmed 528 new coronavirus cases on Thursday, its Health Hinistry said, taking the city-state's total cases to 16,169. ( read original story ...)
Singapore’s DBS bank posts 29% fall in first-quarter net profit; shares jump 4%
DBS, Southeast Asia's largest bank, said it set aside 1.09 billion Singapore dollars ($772.5 million) to cover potential losses from the coronavirus pandemic. ( read original story ...)
SE Asia Stocks-Climb on coronavirus treatment progress, higher oil prices
April 14 * DBS Group at 7-week peak after bank retains quarterly dividend * Indonesia hits highest level since April 15 By Nikhil Subba April 30 (Reuters) - Southeast Asian stock markets climbed on ... ( read original story ...)
Singapore minister says 5G rollout still on track despite coronavirus challenges
Minister S. Iswaran told reporters at a briefing that 5G is an important investment in Singapore's digital infrastructure for the future. ( read original story ...)
Singapore Airlines Has ‘No Obligation’ To Virgin Australia Cash Infusion, Committed To Vistara
Singapore Airlines has no requirement or obligation to put in capital for Virgin Australia,” the airline told shareholders ahead of an extraordinary general meeting to raise capital. Singapore ... ( read original story ...)
DBS first-quarter profit slumps to 2-1/2-yr low on virus loan loss provisions
"We will maintain a solid balance sheet with ample capital, liquidity and loss allowance reserves that give us strong buffers to absorb external shocks," DBS CEO Piyush Gupta said in a statement on ... ( read original story ...)
TPG loses Singapore 5G bid
The Singaporean government has rejected TPG Telecom's bid to be one of the nation's two 5G wholesale providers, in a blow to the Australian telco's push to be the nation's third mobile network ... ( read original story ...)
Is Now The Time To Look At Buying Boustead Singapore Limited (SGX:F9D)?
I find that Boustead Singapore’s ratio of 10.02x is trading slightly below its industry peers’ ratio of 11.64x, which means if you buy Boustead Singapore today, you’d be paying a decent price for it. ( read original story ...)
Singapore’s DBS bank posts 29% fall in first-quarter net profit
DBS, Southeast Asia's largest bank, said it set aside 1.09 billion Singapore dollars ($772.5 million) to cover potential losses from the coronavirus pandemic. ( read original story ...)
Singapore Bourse May Add To Its Winnings On Thursday
The Singapore stock market has moved higher in three straight trading days, rising more than 55 points or 2.2 percent in that span. The Straits Times Index now rests just beneath the 2,575-point ... ( read original story ...)
‘Better call Singapore!’, Kremlin suggests, as scientists in Asian city-state predict exact day of Covid-19 ending in Russia
With no end in sight for Russia’s coronavirus crisis, Singaporean academics have finally put a date on it: August 19. The Kremlin remains unconvinced, however, believing it’s too early to make such a ... ( read original story ...)
Singapore unveils winning 5G licensees, TPG loses out on nationwide bid
Singtel and joint bidders StarHub Mobile and M1 have secured licences to deploy nationwide 5G networks, while TPG Telecom has failed in its bid to do so and, instead, will be able to access these ... ( read original story ...)
What Singapore Can Tell the World About Personal Liberty
In a state of emergency, more than a few of us will find ourselves cutting deals with god, the devil, or the government alike. ( read original story ...)