[ad_1] HONG KONG – The U.S. government sold one of its largest properties in Hong Kong for 2.57 billion Hong Kong dollars ($ 331.6 million) to developer Hang Lung Properties, led by pro-Beijing billionaire Ronnie Chan, a advocate of collaboration between the US and China, amid deteriorating relations between the …
Read More »Singlife and Aviva Singapore to Merge in $ 3.2 Billion Deal Making It One of the Largest in Southeast Asia, Companies & Markets News & Top Stories
[ad_1] SINGAPORE (THE BUSINESS TIMES) – Local insurer Singapore Life (Singlife) intends to merge with Aviva Singapore in a deal valued at $ 3.2 billion, making it one of the largest in the insurance industry in Southeast Asia and the largest in Singapore. In a statement released on Friday night …
Read More »British insurer Aviva to sell Singapore business to Singlife-led consortium
[ad_1] SINGAPORE: British life, auto and home insurer Aviva said on Friday (September 11) that it will sell its majority stake in its Singapore business to a consortium led by Singapore Life for S $ 2.7 billion (US $ 1, 98 billion), as the company reduces its focus on Asia. …
Read More »Surbana Jurong Says It Accepts Liew Mun Leong’s Resignation, Without Naming A Successor Yet, Singapore News & Top Stories
[ad_1] SINGAPORE – Surbana Jurong’s board of directors accepted the resignation of Mr. Liew Mun Leong as president, but did not name a successor to the position. In a statement on Friday night (September 11), the consulting firm’s group executive director, Wong Heang Fine, said: “While the change in the …
Read More »Heir to Property Changed by Covid-19, Fashion News & Top Stories
[ad_1] What was supposed to be a highlight moment quickly turned into a nightmare. When Nga Nguyen, a 27-year-old London socialite, was invited to her first Gucci show earlier this year, she was ecstatic. With her 26-year-old sister Nguyen Hong Nhung, she flew to Milan on February 18 to see …
Read More »Surbana Jurong thanks Liew Mun Leong for service after resignation following Parti Liyani case
[ad_1] SINGAPORE: Surbana Jurong thanked former President Liew Mun Leong for his service on Friday (September 11) and said his “immeasurable contributions” to the company will never be forgotten. The board of directors said in a press release that it has accepted Liew’s resignation, following his announcement Thursday that he …
Read More »Singapore, Japan to establish green lane travel plan starting September 18
[ad_1] SINGAPORE – Singapore and Japan have agreed to launch a reciprocal green lane (RGL) to facilitate essential business and official travel for residents of both countries beginning September 18. Singapore’s Ministry of Foreign Affairs (MFA) said in a press release on Friday (September 11) that this is the first …
Read More »China’s expanded export controls pose a new challenge for the global tech industry
[ad_1] SHANGHAI: The latest additions to China’s list of banned technology exports could disrupt a wide range of industries and raise the possibility that some global tech giants will have to split up their Chinese operations, legal experts said. The new list of export-banned technologies announced on August 28 came …
Read More »More job losses expected for Singapore Airlines, say industry watchers
[ad_1] SINGAPORE: For almost five decades, Singapore Airlines (SIA) has earned a reputation as one of the world’s best airlines, flying to 66 destinations around the world with a fleet of more than 130 aircraft. But it has been a devastating year for Singapore’s flag carrier due to COVID-19. Like …
Read More »Malaysian Ministry of Health studies full reopening of border with Singapore
[ad_1] ISKANDAR PUTERI, Johor: The Malaysian Ministry of Health is studying the full reopening of the Malaysia-Singapore border for daily travel, Minister Adham Baba said on Friday (September 11). He said the plan to reopen the border came after pressure from the public, whose livelihoods had been affected by the …
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