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Singapore Business Review 09/18/2020 01:10
Uploaded By:. Janine Ballesteros. Submitted By:. Janine Ballesteros. Case Study:. No. This brings the total fund to $1.68m. The International Transport Workers' Federation (ITF) and the International Maritime Employers’ Council (IMEC) have jointly contributed (US$500k) to the Singapore Shipping Tripartite Alliance Resilience (SG-STAR) Fund to support countries that adopt best practices for crew change, according to an announcement.
Singapore Business Review 09/18/2020 01:08
Uploaded By:. Alyssa Divina. Submitted By:. Staff Reporter. Case Study:. No. Almost 72% have re-evaluated their firms' purpose to address stakeholders' needs. The CEOs of Singaporean companies are most concerned about supply chain risk and a return to territorialism as the top threats to their organisations’ growth over the next three years, according to a KPMG report. Given the country’s open economy, supply chain risk (20%) and territorialism (16%) rank as the two top threats to businesses whereas in the global environment, talent risk took first place.
Singapore Business Review 09/18/2020 00:59
Uploaded By:. Frances Gagua. Submitted By:. Staff Reporter. Case Study:. No. They will launched a second wave of the DPP for policies not already on the scheme. The Life Insurance Association, Singapore (LIA Singapore) has announced further measures to support policyholders beyond the six-month Deffered Premium Payment (DPP) scheme ending on 30 September, according to a press release.
Singapore Business Review 09/17/2020 22:12
Uploaded By:. Frances Gagua. Submitted By:. Staff Reporter. Case Study:. No. The Singapore-headquartered firm builds one-stop digital platforms. AMTD Digital, the Singapore-headquartered subsidiary of AMTD Group, has secured $386m in a financing round, the group announced in a press release. Key investors include Value Partners, Greater Bay Area Homeland Investments, Vision Knight Capital, Ariana Capital, Maoyan Entertainment, and Infinity Power.
Singapore Business Review 09/17/2020 21:24
Uploaded By:. Alyssa Divina. Submitted By:. Staff Reporter. Case Study:. No. They will develop domestic and international marketing campaigns. Visa and the Singapore Tourism Board (STB) have signed a three-year memorandum of understanding to address the needs of the country’s tourism industry and SMEs hit by the pandemic. They have also published a report which found out that local brands are worst impacted by the pandemic, seeing double-digit negative growth.
Singapore Business Review 09/17/2020 18:00
Uploaded By:. Alyssa Divina. Submitted By:. Staff Reporter. Case Study:. No. Growth in electronics spurred the recovery, surpassing non-electronics. This chart from Enterprise Singapore reveals that non-oil re-exports (NORX) slightly jumped 0.1% in August following the 3.1% decline in July, with the growth in electronic re-exports surpassing the reduction in non-electronics. On a yearly basis, electronic NORX expanded 12.4% in August, after the 11.9% rise in July.
Singapore Business Review 09/17/2020 18:00
Uploaded By:. Janine Ballesteros. Submitted By:. Janine Ballesteros. Case Study:. No. Top Glove saw the sharpest decline amongst top active stocks with a 12.33% contraction. The Straits Times Index ended 4.37 or 0.17% lower at 2,500.78. The top active stocks were DBS, which slid 1.33%, Wilmar International, which grew 1.16%, Top Glove, which dropped 12.33%, Singtel, which rose 0.45%, and OCBC Bank with a 0.35% contraction. The FTSE Mid Cap edged up 0.39%, whilst the FTSE Small Cap dipped 0.16%.
Singapore Business Review 09/17/2020 18:00
Uploaded By:. Janine Ballesteros. Submitted By:. Janine Ballesteros. Case Study:. No. And PrimePartners, Fundnel commence trading on Hg Exchange. From Reuters:. Singapore Life, an insurance platform which agreed a $2.71b (US$2b) deal for the Singapore business of insurer Aviva, plans to tap into Southeast Asia to expand more and will seek to list in the city-state, its founder and CEO said.
Singapore Business Review 09/16/2020 23:05
Uploaded By:. Alyssa Divina. Submitted By:. Staff Reporter. Case Study:. No. The hiring freeze will last until December 2021. UOB has imposed a freeze on hiring, pay and promotions as it braces itself for decline in earnings amidst the pandemic, reports Bloomberg. The bank said that it expects the outlook to worsen before eventually improving when the government slashes some of its support, an internal memo said. The hiring freeze will last until December 2021, and any exceptions will need senior approval.
Singapore Business Review 09/16/2020 22:57
Uploaded By:. Frances Gagua. Submitted By:. Frances Gagua. Case Study:. No. The map aims to help local insurtech firms promote their business locally and globally. The InsurTech sub-committee of the Singapore Fintech Association (SFA) has launched the country’s first interactive Insurtech map, aimed for capturing Singapore’s InsurTech ecosystem on SFA’s website, a press release said. The map will be regularly updated to reflect Singapore’s rapidly evolving InsurTech landscape.
Singapore Business Review 09/16/2020 22:22
Uploaded By:. Frances Gagua. Submitted By:. Staff Reporter. Case Study:. No. CIMB Bank will grant rebate against the loan interest if the group meets its targets. StarHub Group has entered into an approximately $80.7m (RM270m) sustainability-linked term loan facility agreement with CIMB Bank, according to a press release. This is the group’s first sustainability-linked loan.
Singapore Business Review 09/16/2020 21:43
Uploaded By:. Alyssa Divina. Submitted By:. Staff Reporter. Case Study:. No. Each parcel will be tagged with an electronic shipping label. Cainiao Network, the logistics arm of Alibaba, has announced the expansion of its last mile network in Singapore to reduce delivery time for cross-border e-commerce parcels, a statement read. The last mile network will comprise over 1,600 collection points, 600 couriers and 500 lockers island-wide, through partnerships with Singapore Post, BEST Inc., Roadbull and Park N Parcel.
Singapore Business Review 09/16/2020 21:32
Uploaded By:. Janine Ballesteros. Submitted By:. Janine Ballesteros. Case Study:. No. The awards were handed via digital and studio awards presentations. The most outstanding international companies and startups were recognised at the Malaysia International Business Awards 2020 via awards presentations held throughout the month of September. The awards programme aims to honour the most outstanding foreign companies with the most innovative projects and best practices that significantly enhanced the company’s business in the regional and global scene.
Singapore Business Review 09/16/2020 18:00
Uploaded By:. Frances Gagua. Submitted By:. Frances Gagua. Case Study:. No. Sales last month also outperformed previous crises and periods of cooling measures. This chart from OrangeTee & Tie shows that new homes sales for the past month were the highest for the month of August since 2012. Sales last month also outperformed previous crises and periods when cooling measures were implemented, with the 1,256 new units.
Singapore Business Review 09/16/2020 18:00
Uploaded By:. Janine Ballesteros. Submitted By:. Janine Ballesteros. Case Study:. No. Sembcorp Industries led the gains amongst top active stocks with a 8.94% expansion. The Straits Times Index ended 19.32 or 0.78% higher at 2,505.15. The top active stocks were DBS, which slid 0.3%, Wilmar International, which advanced 3.12%, Sembcorp Industries, which jumped 8.94%, YZJ Shipbuilding SGD, which grew 1.02% and UOB with a 0.62% contraction. The FTSE Mid Cap rose 0.96%, whilst the FTSE Small Cap edged up 0.58%.
Singapore Business Review 09/16/2020 18:00
Uploaded By:. Janine Ballesteros. Submitted By:. Janine Ballesteros. Case Study:. No. And Singaporeans to receive $100 worth of local tourism vouchers. From ChannelNewsAsia:. Facebook will give about $4.75m in grants to small businesses in Singapore that have been hit by COVID-19, the company announced in a media release. About 800 local enterprises that employ between two and 50 people are expected to benefit from the grants.
Singapore Business Review 09/16/2020 18:00
Uploaded By:. Alyssa Divina. Submitted By:. Staff Reporter. Case Study:. No. Booming digital demand for goods and services is driving hiring opportunities. Singapore has seen a mixed impact of the pandemic towards the supply chain and procurement amidst market recovery, as some sectors have become cautious whilst others have experienced significant boom, according to a Hays report.
Singapore Business Review 09/15/2020 22:29
Uploaded By:. Frances Gagua. Submitted By:. Frances Gagua. Case Study:. No. It kicks off with two research projects on AI and traffic management. The National University of Singapore (NUS) and ST Engineering are collaborating on a $9 million, multi-year advanced digital technologies research programme for the creation of a people-centric, smart future for Singapore, according to a press release.

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