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Tag: Singapore

Posted on July 16, 2020

Singapore’s central bank says there are no ‘significant’ fund flows from Hong Kong

“We’ve seen increased flows into Singapore from a variety of destinations, of sources and that includes Hong Kong. But the amounts are not large,” said Ravi Menon, managing director of the Monetary …

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Posted on July 16, 2020

Singapore’s rulers fret over generational shift in big election win

SINGAPORE (Reuters) – A resounding election win for Singapore’s perennial rulers has been tainted by concerns about a generational voter shift that could in time weaken the People’s Action Party’s …

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Posted on July 16, 2020

Singapore’s economic situation is ‘dire’ as global coronavirus resurgence looms, central bank says

Unemployment and corporate bankruptcies are likely to increase in the coming months, said Ravi Menon, managing director of the Monetary Authority of Singapore.

( read original story …)



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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