SINGAPORE (THE BUSINESS TIMES) – Yoma Strategic on Wednesday (June 24) proposed to increase its existing shareholding and take a controlling interest in mobile payments firm Digital Money Myanmar (Wave Money) via a US$76.5 million (S$106.2 million) deal. The Myanmar-focused, mainboard-listed company intends to first restructure the holding of its interest in Wave Money, by […]
Read MoreSINGAPORE – The supply of private residential housing from confirmed sites under the government land sales (GLS) programme for the second half of 2020 has been reduced to take into account the fallout from the global Covid-19 situation, the Ministry of National Development (MND) announced on Wednesday morning (June 24). The private home supply of […]
Read MoreSINGAPORE – New rules are being introduced to ensure employment agencies recruiting candidates on behalf of employers consider Singaporeans fairly for vacancies. The agencies will need to fulfil this and other new conditions to be licensed by the Ministry of Manpower (MOM) from Oct 1 onwards, said the ministry in a statement on Monday (June […]
Read MoreSINGAPORE (THE BUSINESS TIMES) – Singapore’s equity valuations have bottomed, and a “sustained rebound” is now underway as the market shifts its focus to an “imminent V-shaped recovery in the global economy”, Morgan Stanley Research said in a report on Monday. Analysts Wilson Ng and Derek Chang said economies that earlier reopened from lockdowns have […]
Read MoreSINGAPORE – More than 60 per cent of the applications for the Self-Employed Person Income Relief Scheme (Sirs) processed by the National Trades Union Congress (NTUC) have been approved, the Ministry of Manpower (MOM) said on Monday (June 22). It added that the vast majority of those who applied received the same payouts as auto-included recipients, after […]
Read MoreSINGAPORE – Many firms have been hit hard by the pandemic but some manufacturers have had to ramp up production to meet higher demand. The Straits Times sees how three businesses overcame challenges like staff shortages and supply chain disruption to boost output amid the crisis. SYNGENTA ADAPTS, EXTENDS WORK HOURS TO STAY PRODUCTIVE Syngenta […]
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