Business

[ad_1] SINGAPORE – A cousin of the head of the Mustafa Center, Mustaq Ahmad, told the High Court on Wednesday (October 21) that his father came home crying “like a baby” one day in 2004 after making a will declaring who had a 15.12% stake in the company. Mr. Fayyaz …

[ad_1] SINGAPORE – By the end of December, registering with the TraceTogether app or token will be mandatory in all public places in Singapore, including restaurants, workplaces, schools and shopping malls. This was announced by the multi-ministerial task force addressing Covid-19 on Tuesday (October 20), and SafeEntry, exclusive to TraceTogether, …

[ad_1] SINGAPORE – A man was jailed for seven weeks on Wednesday (October 21) for filing multiple false travel insurance claims about his damaged luggage to mislead AXA Insurance out of more than $ 3,000. Goh Tian Lee, 52, admitted that he had misled the insurance company into believing that …

[ad_1] SINGAPORE – Mr. Kwek Leng Peck resigned from his position as a non-executive and non-independent director of City Developments Ltd (CDL), a position he held for more than 30 years, after clashing with the real estate giant’s board and management. Kwek, 64, is the cousin of Kwek Leng Beng, …

[ad_1] Starting November 9, Singapore Airlines will return to New York when it launches nonstop flights between Singapore and John F. Kennedy International Airport. SQ24 will operate three times a week from Singapore Changi Airport to JFK International Airport. Additionally, SQ23 will operate three times a week from JFK to …

[ad_1] SINGAPORE: Singaporean manufacturers, especially small and medium-sized enterprises (SMEs), will receive further assistance to adopt digital technologies under a memorandum of understanding (MOU) signed between JTC and the Singapore Business Federation (SBF) on Wednesday (21 October) . The new JTC-SBF Industry Transformation Initiative is expected to help more than …

[ad_1] Wed, Oct 21, 2020 – 3:06 PM The non-executive and non-independent director of CITY Developments Limited (CDL), Kwek Leng Peck, left the real estate giant on Monday, citing running its British hotel arm and investing in a Chinese company. Kwek, 64, resigned after more than three decades in office. …

[ad_1] SINGAPORE (THE BUSINESS TIMES) – Beleaguered healthcare provider New Silkroutes Group announced on Tuesday night (October 20) the appointment of Darrell Lim Chee Lek as acting independent non-executive chairman of the board effective October 20. He replaces former President Goh Jin Hian, the son of former Singapore Prime Minister …

[ad_1] Wed, Oct 21, 2020 – 13:02 UPDATED Wed, Oct 21, 2020 – 1:36 pm The CATHAY Pacific Airways restructuring removes a key overhang for the airline, but earnings recovery will hinge on the opening of the Singapore-Hong Kong (ATB) air travel bubble, the Jefferies research team said. Jefferies equity …

[ad_1] Wed, Oct 21, 2020 – 8:22 am UPDATED Wed, Oct 21, 2020 – 9:58 am The trust scheme for the merger of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) became effective and binding on Wednesday. Consequently, CCT participants will receive payment of the scheme consideration, comprising 25.9 …