Citigroup Inc., Qantas Airways Ltd. and Singapore’s United Overseas Bank Ltd. joined companies worldwide making deeper cost cuts, from property and equipment to staff and pay, as the pandemic persists …
Tencent expanding Singapore footprint to drive SEA expansion
Move to set up its Southeast Asian hub in Singapore comes amidst China’s worsening relations with the US and India, which have led to Chinese apps being banned in both countries.
Tencent picks Singapore as Asia hub after India, US bans
Management at China’s largest social media and gaming company had been discussing Singapore as a potential regional hub and geopolitical tensions accelerated its plans, according to people familiar …
Rising debt is a ‘very serious issue’ that governments face, says Singapore minister
Governments have done the right thing to increase borrowing and spending to support their slumping economies, said Tharman Shanmugaratnam, Singapore’s senior minister and coordinating minister for …
High levels of debt will become a big challenge in the next decade, says Singapore minister
Governments can no longer reduce the amount of debt through rapid economic growth and inflation, says Tharman Shanmugaratnam, Singapore’s senior minister and coordinating minister for social policies, …
Airlines and COVID-19: Singapore Airlines reportedly planning ‘flights to nowhere’
With airlines grounding hundreds of planes around the world due to the COVID-19 downturn in travel, some carriers are looking for innovative ways to generate revenue.
Aviva: Swift Divestiture Shows New CEO Means Business
Aviva is largely getting out of its Singapore business, for a healthy cash sum and a minority stake. This is the first sign that the company’s new strategy of focus on scale markets could be delivered …
Singapore distributes Covid contact-tracing tokens
The Singapore government has started distributing Bluetooth contact-tracing tokens to its five million residents. The tokens, which can be worn on a lanyard or carried, are a hardware version of its …
Cambodia-Singapore 55 years after establishment of diplomatic ties
The relationship between Cambodia and Singapore was not only built through trade and business, but their relations were also tested during the Khmer Rouge era.
How a Singapore firm in the printing business switched to making masks amid COVID-19
Arranging and checking layouts for art works, corporate banners and signages before sending them for printing have been Ms Cheang Meng …