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Posted on September 16, 2020

Singapore Business Federation talks doing business details with Turkmenistan

Both the Singapore Business Federation (SBF) and the Chamber of Commerce and Industry of Turkmenistan (CCIT) should jointly, encourage, promote and facilitate economic cooperation among their …

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Posted on September 16, 2020

Apple and Singapore will reward Apple Watch owners for healthy activity

Singapore residents with an Apple Watch can use a new LumiHealth app to earn rewards of up to $380 Singapore dollars — about U.S. $280 — for activities like meditation, walks, swimming, better quality …

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Posted on September 16, 2020

U.S. calls on North Korea to fulfill Singapore joint statement

The U.S. diplomat on East Asian and Pacific Affairs called on North Korea to carry out its obligations in the 2018 Singapore agreement following a virtual meeting of the ASEAN Regional Security Forum.

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Posted on September 15, 2020

Businesses Make Deeper Cuts; Hong Kong Stimulus: Virus Update

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 …

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Posted on September 15, 2020

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.

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Posted on September 15, 2020

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 …

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Posted on September 15, 2020

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 …

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Posted on September 15, 2020

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, …

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Posted on September 15, 2020

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.

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Posted on September 14, 2020

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 …

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