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Posted on July 10, 2020

Trade Finance Under Scrutiny in Singapore

After a $9 billion credit hit resulting from forged documents, use of the same cargo to secure multiple loans, and other types of fraud, banks seek a revamp of the trade finance infrastructure.

( read original story …)



Posted on July 10, 2020

The gloves come on: virus-hit Singapore votes

The People’s Action Party (PAP), which has governed Singapore for six decades, is assured of victory but faces an opposition with some popular candidates backed by the estranged brother of the country …

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Posted on July 10, 2020

Singapore Election Sees Record Number of Women Vying for Votes

Women are poised to score historic wins in Singapore’s elections, as a record number of females contest seats on Friday’s ballot.

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Posted on July 9, 2020

Feud among Singapore’s first family adds colour to election campaign

The estranged brother of Singapore’s prime minister has taken aim at the family’s dominance of the city-state’s politics on the last day of campaigning ahead of general elec …

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Posted on July 9, 2020

Laos records 43 more cases of dengue fever

According to the World Health Organization, dengue fever is one of the fastest emerging mosquito-borne diseases with Thailand, Laos, The Philippines and Singapore also seeing high incidences. The …

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Posted on July 9, 2020

After $9 Billion Credit Hit, Banks Seek Trade Finance Overhaul

“It’s tumbling down like a house of cards – everybody is caught in the whirlwind,” said Robson Lee, a corporate finance law partner at Gibson, Dunn & Crutcher LLP’s Singapore offic …

( read original story …)



Posted on July 9, 2020

Why Singapore’s Ruling Party Easily Wins Big in Every Election

If anyone is wondering which party will win Singapore’s election on Friday, just listen to the opposition. Pritam Singh, the leader of the country’s only elected opposition party in Parliament, warned …

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Posted on July 9, 2020

Why Singapore Has One of the Highest Home Ownership Rates

Singapore’s affordable housing program worked so well that some of its subsidized apartments now resell for more than $700,000.

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Posted on July 8, 2020

How Singapore’s Meetings and Events Industry is Going Virtual During the Coronavirus

Singapore has long been a leading destination for international business events. It’s the top Asia-Pacific meeting city on the annual International …

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Posted on July 8, 2020

Singapore in Survival Mode Looks to Reinvent Itself. Again

The pandemic is proving the ultimate test for Singapore, the tiny city-state that has a reputation of reinventing itself during times of crises.

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