The coronavirus pandemic has accelerated the trend of companies moving operations out from China, and Singapore can benefit from increased trade in Southeast Asia, says Liew Nam Soon of EY. ( read original story ...)
Singapore Won’t Feast on Hong Kong’s Famine
The two archrivals of Asian finance have competed so intensely for so long that it’s impossible to believe that Hong Kong’s fading autonomy and the resumption of anti-government protests isn’t filling ... ( read original story ...)
Singapore firm set to raise up to $70 mln for Southeast Asian debt venture fund
Genesis Alternative Ventures, a private lender backed by Singapore-based family office Sassoon Investment Corp, is set to raise $50-$70 million by early 2021 for its first debt fund to finance ... ( read original story ...)
Oil Traders Lose Asian Forum as Singapore Event Goes Virtual
(Bloomberg) -- Fortunes have been made -- and lost -- in the oil market this year on an unprecedented scale, but it looks like the world’s traders will have to forgo their last chance to get together ... ( read original story ...)
Singapore facing its most severe recession ever
Singapore is facing its most severe recession ever, due to the shock to supply and demand caused by the Covid-19 pandemic, said Ravi Menon, managing ... ( read original story ...)
Tiny Singapore replaces U.S. as India’s top market for engineering exports
Singapore replaced the United States as India's biggest overseas market for engineering parts in April, with exports rising 95% to $553 million from a year earlier, a trade body said on Wednesday, as ... ( read original story ...)
Software Firm Duck Creek Raises $230 Million Ahead of IPO
Duck Creek Technologies, a software provider for insurers, has raised $230 million from new and existing investors ahead of a planned initial public offering. ( read original story ...)
Singapore record FX deposit surge hints at inflow, risk aversion
Foreign currency deposits at banks in Singapore rose by a record S$6 billion in April to their highest tracked level of S$27 billion, likely reflecting foreign inflows, risk averse depositors and ... ( read original story ...)
Lawrence Wong, Minister for National Development and Second Minister for Finance
Singapore Minister for National Development and Second Minister for Finance Lawrence Wong speaks to Singaporeans on living with COVID-19. Singaporean curator and scholar Peter Lee explores the history ... ( read original story ...)
Bharti Airtel increases stake in Bangladesh-based telco Robi Axiata
NEW DELHI: Bharti Airtel Ltd on Tuesday said its wholly-owned subsidiary Bharti International (Singapore) Pte Ltd has bought an additional 6.3% stake in Bangladesh’s second largest telecom operator ... ( read original story ...)
Bringing society together is the ‘critical issue’ facing Singapore beyond elections: Heng Swee Keat
Bringing society together to cope with a period of massive change is the “really critical issue” facing Singapore beyond the upcoming ... ( read original story ...)
PwC Singapore launches new initiatives to support the community amidst COVID-19
In response to calls in the Fortitude Budget for more support for upskilling, digital adoption, and financial support for vulnerable communities, PwC Singapore has launched several new initiatives to ... ( read original story ...)
Bank of Singapore appoints industry veteran Lim Leong Guan as new global head of products
SINGAPORE - Bank of Singapore said on Monday (June 8) that it has appointed industry veteran Lim Leong Guan as its new global head of products with immediate effect.. Read more at straitstimes.com. ( read original story ...)
Singapore Airlines Secures More Than $7 Billion From Credit Lines, Rights Issue
Singapore Airlines (SINGF) announced on Monday that it has raised a total of S$10 billion ($7.17 billion) of liquidity, through a mix of secured and unsecured credit facilities, as well as a recent ... ( read original story ...)
Singapore Airlines secures $1 billion additional credit after rights issue
Global airlines have taken a huge blow as curbs imposed to stop the spread of the coronavirus led to a plunge in travel demand, leading to a liquidity crisis at firms. Singapore Airlines' total ... ( read original story ...)
Singapore can remain exceptional in these testing times
We will step up testing and contact tracing significantly. Then we can catch new cases early, isolate them and their contacts, and stamp out clusters before they grow. If all goes well and the ... ( read original story ...)