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Posted on July 16, 2020

Resorts World, one of Singapore’s biggest employers, cuts staff due to COVID-19

Resorts World Sentosa, one of Singapore’s biggest private sector employers, on Wednesday said it was laying off staff to cut costs as the coronavirus pandemic batters the city-state’s tourism industry …

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Posted on July 16, 2020

Warburg Pincus-backed Singapore REITs ESR and Sabana propose to merge

Singapore’s ESR-REIT has agreed to buy Sabana REIT in a deal that will create the city-state’s fifth-largest industrial real estate investment trust by assets, adding to a wave of consolidation in the …

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Posted on July 16, 2020

Singapore’s Resorts World, a major employer, axes jobs as virus batters tourism

Resorts World Sentosa, one of Singapore’s biggest private sector employers, said on Wednesday it was laying off staff to cut costs as the coronavirus pandemic batters the city-state’s tourism industry …

( read original story …)



Posted on July 15, 2020

Deutsche Bank Asia CEO Picks Singapore Base in Snub to Hong Kong

Deutsche Bank AG new Asia chief executive officer will be based in Singapore, picking the city over Hong Kong at a volatile time for the Chinese territory.

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Posted on July 15, 2020

Worldwide: Japan Debates Reopening Business Travel To And From China, Taiwan, Singapore And Other Countries

The Japanese government will look to begin discussions around mid-July to resume flights for certain qualified business purposes to China, Taiwan, South Korea, Singapore, …

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Posted on July 15, 2020

The Australian Youngster Leading Singapore’s Exciting Cricket Rise

Young Australian batsman Tim David has starred for Singapore and helped the Southeast Asian nation become one of the most improved cricket nations.

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Posted on July 15, 2020

Singapore’s Wavemaker Closes Third Venture Fund at $111 Million

(Bloomberg) — Wavemaker Partners LLC, an early-stage venture capital firm, has closed its third investment fund for Southeast Asia at $111 million.The Singapore-based firm exceeded its initial target …

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Posted on July 15, 2020

Opposition Victories Force a Crack in Singapore’s Carefully Managed Democracy

Opposition Victories Force a Crack in Sing… When Singapore’s prime minister, Lee Hsien Loong, decided to call a snap election in the middle of the pandemic, he had almost everything going for him.

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Posted on July 14, 2020

Pandemic knocks Singapore into recession as GDP plummets 41% in second quarter

Singapore’s trade-reliant economy plunged into recession in the second quarter with a record contraction, signaling a rough first half globally and an equally challenging outlook as the coronavirus …

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Posted on July 14, 2020

India IT hub locks down as virus ravages UK, Singapore economies

India’s IT hub Bangalore was set to go into a new week-long lockdown on Tuesday as the number of coronavirus cases surged, while new economic figures from Singapore to Britain revealed the shocking …

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