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Posted on August 12, 2020

Asia Today: Victoria adds 21 deaths, Singapore clears dorms

The Australian state of Victoria on Wednesday reported a record 21 virus deaths and 410 new cases from an outbreak in the city of Melbourne that has prompted a strict lockdown. State Premier Daniel …

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Posted on August 12, 2020

The Latest: Most of Singapore foreign labor cleared of COVID

India has the third-highest coronavirus caseload in the world after the United States and Brazil. Rafiq Maqbool AP Photo SINGAPORE — Singapore’s government says most foreign workers can now resume …

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Posted on August 12, 2020

Breakingviews – Temasek MAC attack draws Singapore’s bailout line

Singapore’s Temasek is asserting itself as a provider of patient rather than reckless capital. The sovereign investment vehicle has escaped a $3 billion deal to increase its stake in …

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Posted on August 12, 2020

Investors Should Remain Conservative: Bank of Singapore CEO

Bahren Shaari, chief executive officer at Bank of Singapore Ltd., discusses client sentiment on markets, his advice for investors and the outlook for markets. He speaks exclusively on “Bloomberg …

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Posted on August 11, 2020

Breakingviews – Hong Kong will be lucky to end up like Singapore

Hong Kong will be lucky to end up like Singapore, or even a second-tier Chinese city. Police arrested pro-democracy media mogul Jimmy Lai for “foreign collusion” on Monday. Meanwhile, Chief Executive …

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Posted on August 11, 2020

Wing’s proven experience is easing financial transfers between Cambodia and Singapore

As one of Cambodia’s leading mobile banking service providers, Wing (Cambodia) Limited Specialised Bank is hard at work expanding its international network.

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Posted on August 11, 2020

Insurer Axa weighs sale of Singapore business to raise cash

Axa is considering a sale of its Singapore business as it seeks to raise funds divesting peripheral operations, according to people familiar with the matter.. Read more at straitstimes.com.

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Posted on August 11, 2020

Singapore PM’s nephew says will pay S$15,000 fine in contempt of court case

The Singapore prime minister’s nephew said on Tuesday that he would pay a S$15,000 (8,346 pounds) fine for contempt of court, but that he did not admit guilt in the case.

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Posted on August 11, 2020

Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India

Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday.

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Posted on August 11, 2020

Singapore’s economic contraction in the second quarter was worse than initial estimates

The Ministry of Trade and Industry revised its full-year forecast for Singapore to register an economic contraction of between 5% and 7% in 2020. Previously, it had expected the country’s GDP to fall …

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