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Tag: Singapore

Posted on May 1, 2020

Asia virus latest: Macau casino revenue plunges, Singapore rehouses migrant workers

Here are the latest developments from Asia related to the novel coronavirus pandemic: – Macau casinos suffer historic earnings plunge – Macau’s gaming revenue was virtually wiped out in April as …

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Posted on May 1, 2020

For Singapore Penguins, Shuttered Zoo Is Flippin’ Fun

With the zoo closed to the public as Singapore battles a worsening virus outbreak, its African penguins are revelling in the chance to do some exploring Photo: WILDLIFE RESERVES S …

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Posted on May 1, 2020

Crude crash brings down Singapore oil tycoon

Singapore tycoon O.K. Lim built up his oil empire from a single-truck outfit through hard work and high-risk gambles, a rags-to-riches tale that made him a legend among crude traders. – ‘Major …

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Posted on May 1, 2020

Singapore Reports 528 New Coronavirus Cases, Death Toll Rises to 15

Among the new cases, six are Singaporeans or permanent residents, while 488 cases are foreign workers living in dormitories, the health ministry said.

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Posted on May 1, 2020

Stocks in Australia and Japan set to slip, with major Asia markets out for holidays

Major markets across the region, including China, Hong Kong, South Korea, India and Singapore, are closed on Friday for holidays.

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Posted on April 30, 2020

Government Will Ensure Singapore Airlines Survives Virus Crisis: PM

Singapore’s prime minister said on Thursday the government would ensure that national carrier Singapore Airlines (SIA) survives the COVID-19 crisis, but warned that the economy would have to open up …

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Posted on April 30, 2020

Lower interest rates are the biggest headwind this year, says CEO of Singapore’s largest bank

The Federal Reserve’s “big cuts” to its policy rates will eventually lead to lower interest rates in Singapore, says Piyush Gupta, chief executive of DBS Group Holdings.

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Posted on April 30, 2020

Singapore Airlines Has ‘No Obligation’ To Virgin Australia Cash Infusion, Committed To Vistara

Singapore Airlines has no requirement or obligation to put in capital for Virgin Australia,” the airline told shareholders ahead of an extraordinary general meeting to raise capital. Singapore …

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Posted on April 30, 2020

Singapore’s DBS bank posts 29% fall in first-quarter net profit; shares jump 4%

DBS, Southeast Asia’s largest bank, said it set aside 1.09 billion Singapore dollars ($772.5 million) to cover potential losses from the coronavirus pandemic.

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Posted on April 30, 2020

Singapore Bourse May Add To Its Winnings On Thursday

The Singapore stock market has moved higher in three straight trading days, rising more than 55 points or 2.2 percent in that span. The Straits Times Index now rests just beneath the 2,575-point …

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