Singapore launches 12 sites for H2 GLS programme

24 Jun 2020 - Singapore Business Review
These can yield up to 6,670 private residential units and 101,500 sqm of commercial space. The government has released its Government Land Sales (GLS) Programme for H2, comprising three confirmed list sites and nine reserve list sites, according to an announcement from the Ministry of National Development ...
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Cleantech Solar bags $104.36m green loan for 500MW solar projects

23 Jun 2020 - Singapore Business Review
Proceeds will be used to finance its expansion across Southeast Asia. Singapore-based commercial and industrial (C&I) solar PV developer Cleantech Solar has secured a $104.36m (US$75m) green loan from ING Bank N.V., Singapore Branch for building over 500MW of solar power projects, according to a press ...
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Over 500 SMEs to benefit from Grow Digital initiative

23 Jun 2020 - Singapore Business Review
There are currently five B2B platforms and six B2C solution partners pre-approved. More than 500 small and medium-sized enterprises (SMEs) in Singapore have gained access to new overseas markets digitally, through digital platforms under the government’s Grow Digital initiative, a press release revealed. ...
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Investments flood Singapore fintechs in April, May after quiet Q1: study

23 Jun 2020 - Singapore Business Review
Total equity funding reached a record-high $462m. Singapore-headquartered fintechs saw a sharp increase in investments in April and May, a recovery from the downturn seen in Q1, as investors injected funds into large firms relevant to the current environment, according to a BCG FinTech Control Tower ...
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Daily Briefing: Singaporeans may be allowed to enter Malaysia without restrictions; Kamet Capital Partners hires seven new people to manage assets

22 Jun 2020 - Singapore Business Review
And hospitality startup K Hotel raises $2m in seed funding. From Channel News Asia: Singaporeans may be allowed to enter Malaysia without the need to undergo COVID-19 screening and home quarantine, but there should be a reciprocal arrangement for Malaysians, said Putrajaya. Senior Minister Ismail Sabri ...
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Indonesia surpasses Singapore with most number of Covid-19 infections in Southeast Asia

18 Jun 2020 - The Edge Markets
(June 18): Indonesia surpassed Singapore as the country with the most number of coronavirus infections in Southeast Asia as the world’s fourth-most populous nation ramped up testing across the archipelago to contain the pandemic. Confirmed new cases jumped 1,031 in the past 24 hours, taking Indonesia’s ...
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AMTD, Xiaomi, SMU and NUS launch digital finance leadership programme

18 Jun 2020 - Singapore Business Review
AMTD and Xiaomi will contribute $5m to support the programme. AMTD Group, Xiaomi Finance, Singapore Management University (SMU) and the Institute of Systems Science at the National University of Singapore (NUS-ISS) jointly launched a five-day digital finance leadership programme aimed at strengthening ...
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Singapore, Shenzhen strike deals to push digital collaboration

18 Jun 2020 - Singapore Business Review
A new Asian SME Hub will also be open to facilitate access to a larger ecosystem of buyers. Singapore has inked eight memoranda of understanding (MOU) with Shenzhen, China that will enable both enterprises and individuals to have ease of access to market opportunities in the Guangdong-Hong Kong-Macao ...
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Digital Commerce Intelligence fills access gap in e-commerce data

17 Jun 2020 - Singapore Business Review
The AI-based startup makes sure competitive intelligence is not just for established players. Data accessibility for e-commerce in Southeast Asia, including Singapore, is described as fragmented and limited compared to bigger markets such as China, Europe and the US. Whilst established e-commerce giants ...
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SIA Group's passenger load factor hit 8.6% in May

16 Jun 2020 - Singapore Business Review
SilkAir and Scoot saw the largest declines in passenger carriage. SIA Group saw its passenger load factor (PLF) hit 8.6% in May, a press release revealed. Passenger carriage plummeted 99.6% YoY, whilst passenger capacity was cut by 96.2%. SIA’s capacity was 95.6% YoY lower in May, with only a skeletal ...
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