Business

[ad_1] Thursday, October 1, 2020 – 5:50 am Singapore TEMASEK Financial (I) Limited (TFin-I) has priced a transaction of three tranches of long-term covered bonds of US $ 2.75 billion in excess of subscription, obtaining orders from a diverse base of investors. The Temasek Holdings subsidiary fixed a 50-year bond …

[ad_1] A retail manager has shaved several times with food delivery drivers on motorcycles on the sidewalk near his office on Wheelock Place in Orchard. And Mr. Nick Smith, 36, who has been working in the area for about two years, is not alone in this. Other pedestrians have also …

[ad_1] German digital payments company Wirecard was once a huge financial technology giant, providing cashless payment services to big international brands like Samsung, Google, and Apple. In Singapore, it had major clients such as taxi company ComfortDelGro, convenience chain Cheers, and telecommunications company Singtel for its Dash mobile wallet, and …

[ad_1] SINGAPORE – The liquidation of established travel agency STA Travel is a blow to the industry, but a wave of massive closures is not expected to follow for now, observers say. Despite a close to zero business environment, the number of travel agency closures in the past eight months …

[ad_1] WASHINGTON: The U.S. House of Representatives voted on Wednesday (Sept. 30) to force companies to disclose products that come from China’s Xinjiang region, in a fresh attempt to stop what lawmakers say is forced labor. widespread in the restless area. The bill follows a broader law passed a week …

[ad_1] Q: What is Wirecard and how does the latest development affect me as a customer when I buy something online or in store? A: Wirecard is a German digital payments company. Acts as a payment processor. When someone pays for goods with their credit card at a merchant, the …

[ad_1] Amazon is expanding its operations in Singapore, in the latest sign of the city-state’s growing appeal as an Asian hub for global tech companies. The US technology group will take over three floors of Citigroup’s offices in the central business district, according to two people with knowledge of the …

[ad_1] SINGAPORE (THE BUSINESS TIMES) – Mainboard-listed healthcare provider New Silkroutes Group revealed on Wednesday night (September 30) that its CEO and CEO Goh Jin Hian and CFO William Teo are assisting the Department of Commercial Affairs (CAD) with investigations. The group was responding to inquiries raised by the Singapore …

[ad_1] SINGAPORE – Electricity and gas rates will go up in the next three months, but will continue to be among the lowest in years. Roughly half of Singapore’s 1.4 million households can expect electricity rates to increase by an average of around 9 percent from today to December 31, …

[ad_1] Singapore ordered Wirecard to cease payment services in the city-state, marking the most dramatic regulatory intervention in the remaining operations of the German payments group since its collapse in June. The Monetary Authority of Singapore, the country’s de facto central bank, said on Wednesday that it ordered Wirecard entities …