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Posted on 22/04/2020

Singapore oil traders face credit crunch after Hin Leong fiasco

Hin Leong owes about $3.85bn to more than 20 lenders, including $600m to HSBC. Of Singapore’s three largest banks — DBS, UOB and OCBC — 5 per cent of their loan books is exposed to the energy sector, ... ( read original story ...)

Posted on 22/04/2020

Singapore Airlines: Trading Cheap, Awaiting Relief Package Amid Travel Restrictions

Coronavirus pandemic resulted in grounding a vast majority of its aircraft. The common stock is trading at 10-year lows and well below 50- an ... ( read original story ...)

Posted on 22/04/2020

Bruno Michieli Examines the Outlook for Private Equity in APAC Region

Having enjoyed two phenomenal years in succession, the Asia-Pacific (APAC) private equity industry slowed down in 2019 as its main driving force, China, grappled with a softening economy and the ... ( read original story ...)

Posted on 22/04/2020

Singapore Proves There’s No Textbook Virus Response

Once lauded as a beacon in the fight against Covid-19, Singapore reached an unenviable milestone this week: the most cases in Southeast Asia.Soaring infections suggest rapidly tightening restrictions ... ( read original story ...)

Posted on 22/04/2020

Singapore’s Coronavirus Success Story Hits a Snag

Though the curve has flattened, new cases have exploded among migrant workers who live in the country’s far-flung dormitories. Human rights watchers say these ... ( read original story ...)

Posted on 22/04/2020

Singapore’s IPOS ranked world’s most innovative IP office

SINGAPORE, April 9 (Xinhua) -- The Intellectual Property Office of Singapore (IPOS) said on Thursday it was ranked as the world's most innovative intellectual property (IP) office for the first time, ... ( read original story ...)

Posted on 22/04/2020

Singapore Pledges Extra $2.7 Billion as Virus Measures Extended

Singapore will extend its partial lockdown for a further four weeks until June 1 to “decisively” bring down coronavirus cases within the community, and will provide an additional S$3.8 billion ($2.7 ... ( read original story ...)

Posted on 22/04/2020

Singapore lost control of its coronavirus outbreak, and migrant workers are the victims

The modern city-state was labeled the gold standard for virus tracing, but cases have now risen tenfold in a month, concentrated among low-income laborers. ( read original story ...)

Posted on 22/04/2020

Singapore expands lockdown as Covid cases surge past 9,000

Fast-growing second peak of infections underlines how easily virus is able to return ... ( read original story ...)

Posted on 21/04/2020

Singapore extends partial lockdown until June 1 as infections surge

Singapore will extend a partial lockdown until June 1 to curb a sharp rise in coronavirus infections in the city-state, Prime Minister Lee Hsien Loong said on Tuesday. The measures, which include the ... ( read original story ...)

Posted on 21/04/2020

‘Technologies help me overcome any difficulties’ – An Indian professional on life in Russia

Born in India’s Kolkata, Pratik Bhattacharjee now works in Moscow as Head of Credit Cards & Personal Loans at Citibank. He explains what it was like to move to Russia after Singapore in 2017 and why ... ( read original story ...)

Posted on 21/04/2020

Coronavirus to sap Philippines’ dollar sources — DBS Bank

But in a report released Tuesday, the research unit of Singapore-based DBS Bank said the recent spike in demand for locally manufactured electronic products, the Philippines’ top export, seen in the ... ( read original story ...)

Posted on 21/04/2020

Asia Today: Singapore extends lockdown amid surge in cases

Singapore will extend its partial lockdown by four more weeks after reporting thousands of new coronavirus cases in recent days, Prime Minister Lee Hsien Loong said ... ( read original story ...)

Posted on 21/04/2020

Spain’s daily death rate from coronavirus rises slightly; Singapore extends ‘circuit breaker’ measures until June 1

Spain's daily death toll has risen slightly from Monday; meanwhile, Singapore's partial lockdown, known as the "circuit breaker," has been extended to June 1. ( read original story ...)

Posted on 21/04/2020

Equinix, Singapore fund GIC to invest in cloud data centers in Japan

Many of those customers lease space, power and connections to the wider internet from Equinix, but purchase and operate their own data servers and equipment. By contrast, cloud computing companies ... ( read original story ...)

Posted on 21/04/2020

Asia Virus Latest: Virgin Australia Collapses; Singapore Extends Curbs

Here are the latest developments in Asia related to the novel coronavirus pandemic: Cash-strapped Virgin Australia collapsed Tuesday, making it the largest carrier to buckle under the strain of the ... ( read original story ...)

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