Fraudulent commodities traders impersonated oil majors BP and Total in order to obtain financing from the National Bank of Oman (NBO), according to a first-of-its-kind ruling in Singapore’s High Court ... ( read original story ...)
Singapore Airlines is launching the new world’s longest flight that will see flyers spending almost 19 hours on a plane nonstop
Singapore Airlines just announced plans to fly non-stop between Singapore and New York in what will be the world's longest scheduled flight when it launches next month. Load Error The new route will ... ( read original story ...)
Singapore Quells Virus ‘Fire,’ Sees Last Phase of Pandemic Curbs
(Bloomberg) -- Singapore is looking to ease up more on pandemic curbs, with the size of social gatherings possibly raised to eight, in a further step toward normalized activity as new daily ... ( read original story ...)
This billionaire had to knock millions off his Singapore luxury penthouse to sell it
Wallich Residence Billionaire vaccum-cleaner tycoon James Dyson and his wife are selling their Singapore penthouse for S$62 million ($46 million), just a year after they reportedly paid S$73.8 million ... ( read original story ...)
Employers in Singapore reminded to ensure accurate CPF contributions ahead of 29 October JSS payout
From 29 October 2020, more than 140,000 employers in Singapore will receive payouts totalling over ... According to a press release by the Ministry of Finance (MOF), with this payout, over S$21.5bn of ... ( read original story ...)
Singapore to give SGD 5.5 billion to 140,000 companies to help them during COVID-19 pandemic
With the October payouts, more than Singapore dollars 21.5 billion (USD 15.8) in JSS support would have been given out, said the Ministry of Finance and Inland Revenue Authority. Meanwhile, Singapore ... ( read original story ...)
NTU spin-off firm Nanofilm may raise up to $376m in Singapore IPO
Nanyang Technological University’s (NTU) spin-off company Nanofilm Technologies is heading for a mainboard listing on the Singapore Exchange, with Temasek Holdings as a substantial shareholder,” the ... ( read original story ...)
Police warn of new type of phishing scam involving advertisements, lucky draws from fake bank websites
SINGAPORE: The police on Monday (Oct 19) warned members of the public of a new type of phishing scam involving fake advertisement campaigns and ... ( read original story ...)
Singapore-based financial firm offers flexible loans to MSMEs
MORE and more financial institutions are helping micro, small and medium enterprises (MSMEs) rebuild their businesses through flexible ... ( read original story ...)
Singapore Is The First Nation Using Facial Recognition For Paying Taxes
Singapore is seeing online government services being accessed by facial recognition. This is the first of its kind anywhere in the world, as per a report in AFP. This technology is being used in the ... ( read original story ...)
Open Banking Developments in Singapore May lead to More Transformative Fintech Changes that those Offered by Digital Banking
Open Banking developments in Singapore may lead to more transformative Fintech changes than those offered by digital banking. ( read original story ...)
Wilmar’s China IPO rides on its cooking oil power
Kuok Khoon Hong pulled off a remarkable second act. The billionaire sold shares of his China business in the biggest ever initial public offering (IPO) on the Shenzhen Stock Exchange, thanks to the ... ( read original story ...)
Singapore must stay plugged into world to succeed: DPM
Even as the Covid-19 situation in Singapore stabilises and the country shifts its focus to economic recovery, it needs to stay open and connected to the world, Deputy Prime Minister Heng Swee Keat ... ( read original story ...)
Where will Ant Group’s next billion users come from as it ploughs its jumbo IPO proceeds into overseas expansion?
In Southeast Asia, the world’s fastest-growing region in terms of internet users, Singapore’s DBS Bank CEO Piyush Gupta ... that will be one way it can spend its IPO proceeds. “Consolidation will ... ( read original story ...)
Straits Trading: Planned IPO Of Associate Company Draws Attention
Straits Trading's net profit attributable to shareholders fell by -87.1% YoY to S$5.5 million in 1H 2020, largely due to weakness in its hospitality and tin mining & smelting businesses. ( read original story ...)
The largest-ever IPO on the Shenzhen Stock Exchange
Why it matters: This was the largest-ever IPO on the Shenzhen Stock Exchange. "After starting production in 1991 from the mainland's first packed oil production line, [Arawana] now has 40% of a ... ( read original story ...)