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Posted on August 20, 2020

Taiwan joins race to lure talent and companies from Hong Kong

Seoul, Singapore and Tokyo are also vying to lure companies seeking a more stable political and business environment. The city’s troubles coincide with moves by export-dependent Taiwan, which already …

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Posted on August 20, 2020

E-Commerce Entrepreneur Seeks To Mentor And Invest In Startups From Singapore

In 2018, Walmart acquired a 77% stake for $16 billion in Flipkart, the Indian company he cofounded, in what was reportedly the largest amount ever paid worldwide to acquire an e-commerce company.

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Posted on August 19, 2020

How Investors Are Viewing Singapore Press’s Job-Cuts Plan

Investors in Singapore Press Holdings Ltd.’s shares, trading near their lowest level in about three decades, showed little reaction to the company’s latest round of job cuts.

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Posted on August 19, 2020

Singapore Leads Libor Exit With ‘Ground-Breaking’ Debt Sale

Singapore is blazing a trail in the global effort to replace Libor, becoming one of the first countries to auction debt linked to an alternative benchmark.The Monetary Authority of Singapore sold S$50 …

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Posted on August 19, 2020

Singapore regulator to push for more locals in senior bank roles

(Bloomberg) — Singapore’s financial regulator will step up efforts to urge banks to place more citizens in senior management roles, according to its chief. The Monetary Authority of Singapore confers …

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Posted on August 18, 2020

Malaysia reports 7 new COVID-19 cases

The PCA allows Singapore and Malaysia citizens or permanent residents who hold long-term immigration passes for business and work purposes in the other country to enter that country for work.

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Posted on August 18, 2020

Singapore’s vital marine sector under pressure to restructure

The trouble goes beyond Singaporean companies. Swire Pacific, a Hong Kong-listed British conglomerate, announced on Thursday that its Singapore-based marine service business suffered a 22% drop in …

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Posted on August 18, 2020

Coronavirus live updates: U.S. averaging over 50,000 cases a day; Singapore announces more stimulus

The coronavirus has infected more than 21.7 million people across the world as of Monday, killing at least 775,900 people.

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Posted on August 18, 2020

Support Predicted For Singapore Stock Market

The Singapore stock market has moved lower in consecutive trading days, sinking more than 25 points or 1 percent along the way. The Straits Times Index now rests just above the 2,570-point plateau …

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Posted on August 18, 2020

Sembcorp unit to develop industrial park in Myanmar

Sembcorp Development (Sembcorp), a wholly-owned subsidiary of Sembcorp Industries, will develop the Myanmar Singapore Industrial Park, a press release revealed. It’ll be the firm’s first integrated …

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