SeaPRwire

camila January 11, 2021

BEIJING (REUTERS) – China’s search engine giant Baidu said it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV), Baidu said in a statement on Monday (Jan 11). Baidu, which has been developing autonomous driving technology and Internet connectivity infrastructure, said the new EV […]

camila January 11, 2021

SINGAPORE (BLOOMBERG) – Gold fell to extend the biggest drop in two months amid gains in the dollar, Treasury yields, and equities, with investors weighing President-elect Joe Biden’s pledge to detail plans for huge US economic aid. Bullion endured a switchback week as January got under way, with early gains getting overturned as a surge […]

camila January 11, 2021

SINGAPORE (THE BUSINESS TIMES) – Property developer Chip Eng Seng is expecting to report a FY2020 net loss in mid-February 2021 as opposed to its FY2019 net profit of S$32.6 million, due to the adverse impact of Covid-19 on its businesses. The full year net loss incurred will be wider than the S$25.7 million net […]

camila January 11, 2021

(BLOOMBERG) – Australian household spending jumped in November as the southeastern state of Victoria was released from lockdown and consumers took advantage of discounts during annual Black Friday sales. Retail sales advanced 7.1 per cent from a month earlier, compared with the 7 per cent gain forecast by economists and the 7 per cent reported […]

betty January 11, 2021

*Jamie Tan, 16, has enjoyed what few other students normally would. The teenager experienced behind-the-scenes work at a TV studio, learned the art of radio broadcasting, constructed objects for 3D printing and even lifted fingerprint cells. All this was made possible after his mother Ms Cindy Teoh, 47, enrolled him in PSB Academy’s  five-day-long Immersion […]

camila January 10, 2021

Mr Anthony Chai and Ms Jade Ng have truly turned their artfully designed home into a business. Their journey started in March 2018 with them recording their home renovation process on their Instagram account Houseofchais. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest […]

camila January 10, 2021

Entrepreneur Deepa Asha Dewi had an unexpected misadventure in 2019: Water from heavy rainfall seeped into her stall and damaged $12,000 worth of products. But the 37-year-old did not give up then and neither did she allow the Covid-19 pandemic to faze her last year, when she had to close her Little India Arcade retail […]

camila January 10, 2021

Singapore’s property market witnessed a roller-coaster ride over the past year. Home sales plunged to historical lows during the April and May circuit breaker period. But at the end of the movement restrictions, property buying activities rebounded strongly across many market segments. Although the coronavirus may continue to cast a shadow over the broader economy, […]

camila January 10, 2021

Chief financial officer (CFO) Koh Ing Chin may hold the same job title he had in his previous company, but his job scope is quite different. His role at poultry producer Kee Song Food Corporation now demands more management and leadership capabilities, beyond financial management knowledge. Please subscribe or log in to continue reading the […]

camila January 10, 2021

Ask almost anyone and they probably know someone running a home-based business (HBB), whether as an alternative source of income after being retrenched or an entrepreneurial dream. Such enterprises are certainly more visible now due to the increasing use of social media, especially during the Covid-19 pandemic. Please subscribe or log in to continue reading […]

betty January 10, 2021

SINGAPORE – A total of 234 staff working at Crowne Plaza Changi Airport have tested negative for Covid-19, said the Ministry of Health (MOH) on Saturday (Jan 9). The ministry announced on Thursday a special testing operation of all hotel staff after two unlinked cases were found among staff there. A third case also emerged […]

camila January 9, 2021

NEW YORK (AFP) – Wall Street stock indices closed at records again Friday (Jan 8) as anticipation of a new fiscal relief package offset poor December jobs figures. The Dow Jones Industrial Average climbed 0.2 per cent at 31,097.97, its third straight record. The broad-based S&P 500 gained 0.6 per cent to 3,824.68, while the […]

camila January 9, 2021

OCBC Bank has appointed its first female group chief executive – and the first woman to head a Singapore bank. Ms Helen Wong, 59, will succeed group CEO Samuel Tsien, 66, who retires on April 14 after nine years in the top job. Chairman Ooi Sang Kuang said yesterday that the appointment marks the board’s […]

camila January 9, 2021

UOB has broken new ground here by pricing capital securities with a reset coupon rate that references the Singapore Overnight Rate Average Overnight Indexed Swap (Sora-OIS) rate. The move is another step towards the adoption of a Sora-based pricing benchmark in the Singdollar bond market, and part of broader industry efforts to develop robust Sora-based […]

camila January 9, 2021

Mercuria  Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management have agreed to co-invest in mining and energy projects, as default-hit banks tighten their purse strings and leave commodities firms seeking other funding. The deal, signed on Wednesday, will see Mercuria present potential projects for investment to Envysion, founded and led by former Julius […]

camila January 9, 2021

NEW YORK • Sheldon Adelson, the chairman and chief executive officer of Las Vegas Sands, which owns Singapore’s Marina Bay Sands, is taking a leave of absence after resuming treatment for cancer. Mr Adelson had retained his executive role since the company revealed in 2019 that he had non-Hodgkin’s lymphoma. Company president Robert Goldstein will […]

betty January 9, 2021

SINGAPORE – A train fault occurred on the North-South MRT line late Friday night (Jan 8), but was cleared with train services progressively restored before midnight. In a post on Twitter just after 11pm, rail operator SMRT said that owing to a train fault commuters should add 25 minutes to their travel time between Woodlands […]

camila January 8, 2021

BANGKOK (BLOOMBERG) -Delta Electronics (Thailand) Pcl’s shares have surged more than 11-fold over the past year, leaving market watchers and even the company puzzled. With fundamentals not strong enough to justify the meteoric rise, analysts too are falling out of love with the stock. While electronic-parts makers have emerged as a hot play after the […]

camila January 8, 2021

SINGAPORE (REUTERS) – Trading house Mercuria and Singapore-based asset manager Envysion Wealth Management have agreed to co-invest in mining and energy projects, as default-hit banks tighten their purse strings and leave commodities firms seeking other funding. The deal, signed on Wednesday (Jan 6), will see Mercuria present potential projects for investment to Envysion, founded and […]