As one of Cambodia’s leading mobile banking service providers, Wing (Cambodia) Limited Specialised Bank is hard at work expanding its international network.
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.
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.
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.
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 …
Virus-hit Singapore’s Q2 recession deeper than estimated
Singapore’s virus-hammered economy shrank almost 43 percent in the second quarter, in a sign that the country’s first recession in more than a decade was deeper than initially estimated, official data …
Singapore faces a ‘bumpy road’ to recovery from coronavirus impact: CIMB
Even as Singapore’s domestic consumption picks up, its economic resumption remains rocky without a more substantial global recovery in external demand like trade plus goods and services, says Song …
Coronavirus latest: Singapore economy shrinks 13% in Q2 as forecasts revised
Sydney Airport is raising $1.4bn to restructure its operations in response to the calamitous slump in air travel. Reporting delays keep a lid on US figures for new cases and deaths. Cuba shuts down …
How Singapore Nurtured Foreign Tech Trio Who Became Billionaires
David Chen left his native China as a teenager to attend school in Singapore. Little did he know that his adopted city would help him reach the ranks of the ultra-rich.The co-founder of Sea Ltd. is …
Businesses welcome cross-border travel arrangements between Singapore, Malaysia
Businesses on both sides of the Causeway welcomed the cross-border travel arrangements between Singapore and Malaysia, which will allow employers to travel for essential meetings and afford workers …