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Posted on February 19, 2021

Myanmar’s Biggest Foreign Investor Is Singapore. Here’s Why That Matters.

The wealthy island city-state is Myanmar’s biggest foreign investor, overtaking China in 2019 to bring in more than $24 billion of capital through lucrative real estate projects, banking, shipping, …

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Posted on February 19, 2021

Emerging stronger together: 8 winners (and non-winners) from the Singapore Budget 2021

The Singapore Budget 2021 was announced yesterday in parliament by Deputy Prime Minister and Finance Minister Heng Swee Keat.Despite the budget’s theme of “Emerging Stronger Together,” as with every …

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Posted on February 19, 2021

Emerging stronger together: 8 winners (and non-winners) from the Singapore Budget 2021

The Singapore Budget 2021 was announced yesterday in parliament by Deputy Prime Minister and Finance Minister Heng Swee Keat.Despite the budget’s theme of “Emerging Stronger Together,” as with every …

( read original story …)



Posted on February 19, 2021

Coronavirus: Japan records new strain; Singapore’s virus-secure hotel eyes business travellers

Japan has seen some 90 cases of a new Covid-19 strain, while Singapore has launched a coronavirus-secure hotel and meeting complex for business travellers.

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Posted on February 19, 2021

Daily Briefing: South Korea-based Shinsegae invests in Grab; Company fined $6,000 for illegal fruit, vegetable, processed food imports

And KKR’s Asia-Pacific managing director Terence Lee quits after 10 years. From DealStreetAsia: South Korean retailer Shinsegae Group has invested an undisclosed amount in Singapore-headquartered …

( read original story …)



Posted on February 19, 2021

Daily Briefing: South Korea-based Shinsegae invests in Grab; Company fined $6,000 for illegal fruit, vegetable, processed food imports

And KKR’s Asia-Pacific managing director Terence Lee quits after 10 years. From DealStreetAsia: South Korean retailer Shinsegae Group has invested an undisclosed amount in Singapore-headquartered …

( read original story …)



Posted on February 19, 2021

Singapore, Indonesia express ‘grave concern’ over Myanmar

The foreign ministers of Singapore and Indonesia expressed “grave concern” over the situation in Myanmar and support a proposal to hold an informal Asean ministerial meeting on the issue, Singapore’s …

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Posted on February 18, 2021

Carlsberg Malaysia registers RM37.9mil net profit in Q4

Carlsberg Brewery Malaysia Bhd said net profit fell 45% in the fourth quarter to RM37.9mil as Covid-19 restrictions in Malaysia and Singapore to curb the pandemic impacted its business.

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Posted on February 18, 2021

Carlsberg Malaysia registers RM37.9mil net profit in Q4

Carlsberg Brewery Malaysia Bhd said net profit fell 45% in the fourth quarter to RM37.9mil as Covid-19 restrictions in Malaysia and Singapore to curb the pandemic impacted its business.

( read original story …)



Posted on February 18, 2021

Singapore: 2020 Budget deficit rose to record high – UOB

Economist at UOB Group Barnabas Gan reviews the budget figures in Singapore for this year. Key Quotes “For FY2020, the Finance Ministry is expecting an overall budget deficit of …

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