Piyush Gupta, CEO of Singapore's DBS, said rising defaults and ultra-low interest rates will be two major headwinds confronting banks next year. ( read original story ...)
World Economic Forum to Be Held in Singapore in May: Reuters
The World Economic Forum will hold its 2021 annual meeting in Singapore instead of Switzerland, Reuters reported Monday, citing an email from WEF President Borge Brende. ( read original story ...)
Digital banks in Singapore unlikely to affect traditional banks in the short term: Strategist
Kelvin Tay of UBS says Singapore's new digital banks could be a wake up call for local banks but it will take time for them to to build trust with customers. ( read original story ...)
Davos meeting moved to Singapore over Covid risk in Europe
The World Economic Forum has moved its annual meeting from Switzerland to Singapore because of the persistent risk of coronavirus in Europe. It will be only the second time in 20 years that the ... ( read original story ...)
World Economic Forum moved to Singapore over coronavirus concerns
By Stephanie Nebehay, Silke Koltrowitz and John Geddie ZURICH/SINGAPORE (Reuters) - The World Economic Forum's annual gathering of political and business leaders will move from Switzerland to ... ( read original story ...)
French-Lebanese linked to Sarkozy probe released in Lebanon
Lebanon's prosecutor general on Monday ordered the release of a Lebanese-French businessman linked to the probe of alleged illegal funding of former French President ... ( read original story ...)
As Lebanon Subsidy Crunch Looms, U.N. Agencies Warn of Social Catastrophe
The removal of subsidies in Lebanon without guarantees to protect the vulnerable would amount to a social catastrophe, two U.N. agencies said on Monday, warning there is no parachute to soften the ... ( read original story ...)
Vietnam to purchase more power from Laos
National utility Vietnam Electricity (EVN) has signed three memoranda to purchase power from Laotian companies amid expected energy shortages. ( read original story ...)
Rivlin, Tamir recognize Israel’s cities, councils who best recycle
The winners, recognized in honor of Israel Recycling Day, were Givatayim, Ariel, Emek Hefer, Yesud Hama'ala, Hod Hasharon and Bnei Shimon. ( read original story ...)
An Autistic Man Is Killed, Exposing Israel’s Festering Police Brutality Problem
The police killing of a disabled Palestinian fueled nationwide protests. But the authorities have failed to rein in the use of excessive force, which has a long history. ( read original story ...)