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HONG KONG: Singapore firms are likely to see more soured debt as the trade-reliant economy takes a hit from US-China tensions.
SINGAPORE: Governments in Asia are seeking to tap private investment for the region’s substantial infrastructure needs as the current rate of public financing is “insufficient and unsustainable, ” said Indranee Rajah, Singapore’s second minister for finance and education.
FRANKFURT: Wirecard said that a law firm it appointed has made no conclusive findings of criminal misconduct by any employee of the German payments firm and that there are indications the allegations stemmed from a quarrel between employees.
SINGAPORE: Around $150 millions' worth of oil was stolen from Shell's biggest global refinery over several years, Singapore court documents reviewed by Reuters show, far more than reported when police first revealed the heist earlier this year.
SINGAPORE: Singapore plans to spur investment in much-needed infrastructure in South-East Asia by helping to structure projects to make them more “bankable”, a senior official said.
SINGAPORE: Singapore ordered millions of dollars misappropriated from the beleaguered 1MDB to be returned to Malaysia, the first time the city-state has repatriated assets to its neighbor following a globe-spanning probe.
SINGAPORE: Regulatory scrutiny could complicate ride-hailing company Grab’s takeover of Uber Technologies’ South-East Asian business, but there is little the authorities can do to stop Uber from simply exiting the region, lawyers and analysts said.
SINGAPORE: Four marine refuelling barges owned and operated by Vermont UM Shipping Pte Ltd were seized in Singapore on Monday night, according to the website of Singapore’s Supreme Court.