Page 40 - Singapore

Lakshmi Vilas Bank failed and this time India is getting a rescue right

India called upon called upon a foreign institution to take over Lakshmi Vilas Bank's assets and liabilities. That should stoke interest of other global banks

Singapore October exports unexpectedly fall 3.1% y-o-y shipments drop

Singapore's October NODX unexpectedly fell 3.1% from a year earlier, coming in well below forecasts, as both electronics and non-electronics shipments dropped

Singapore's fortune is tied to water but sand may hold key to the future

Singapore's stockpiles are as strategic as America's petroleum reserves. Sand, or something like it, will be a hot commodity as long as there is a Singapore

RCEP signatories ready for talks once India gives written request to join

Countries that have signed the RCEP agreement can start negotiations with India for joining the pact once New Delhi submits a written request stating its intention for the same

Singapore makes move to attract top global tech talent, announces new visa

The two-year visa isn't designed for mid-tier tech workers who might compete with locals for jobs

Hong Kong and Singapore to launch 'travel bubble' on November 22

Flight services between Singapore and Hong Kong will resume from November 22 under the 'air bubble' arrangement, with the number of people allowed to move each direction initially limited to 200 per day. This will increase to two flights a day into each city from December 7, the Civil Aviation Authority of Singapore (CAAS) said on Wednesday. Air bubbles are temporary arrangements between two countries or territories aimed at restarting commercial passenger services when regular international flights are suspended as a result of the COVID-19 pandemic. According to CAAS, travellers have to take the dedicated flights, but will have no restrictions on their travel purpose and do not have to follow a controlled itinerary. They will also not be subject to quarantine or stay-home notice, according to a Channel News Asia report. However, they must test negative on COVID-19 polymerase chain reaction (PCR) tests within 72 hours before their scheduled departure time. The health ministry on

Singapore working on securing portfolio of Covid-19 vaccines: Minister

Negotiations with various pharmaceutical companies that are conducting clinical trials are ongoing

Singapore to reopen nightlife pubs for 2 months with Covid safety measures

Singapore will allow a limited number of nightlife establishments to reopen for two months with Covid-19 safety measures from December, nine months after it was shut after the coronavirus pandemic hit

1,700 guests undergo Covid-19 tests as Singapore resumes cruise services

Close to 1,700 guests on a cruise liner in Singapore underwent Covid-19 tests on Friday as the country resumed cruise services to revive its tourism industry battered by the coronavirus pandemic

Singapore unemployment rate in third quarter rises to 16-year high

The Monetary Authority of Singapore said earlier this week that the city-state's recovery will likely be "gradual and uneven"

Singapore to allow migrants from dormitories to visit recreation centres

Singapore will allow some foreign workers, who have largely been confined to dormitories since March due to the spread of the coronavirus, to visit recreation centres

Singapore Sep manufacturing jumps 24.2% year-on-year, biggest gain in 9 yrs

Singapore's industrial output beat forecasts to rise 24.2% year-on-year in September, its fastest pace in nine years, boosted by pharmaceutical manufacturing more than doubling during the month

Singapore allows subsidies to travelling citizens, long-term pass holders

Singapore citizens, permanent residents and long-term pass holders, will now be able to access government subsidies if they are found to be COVID-19 positive after their return.

Singapore's September exports rise 5.9% y-o-y, slower than forecasts

Singapore's September non-oil domestic exports rose 5.9% from a year earlier, driven mainly by electronics shipments, official data showed on Friday, but were slower than forecasts

Covid-19: Singapore and Hong Kong agree on bilateral travel bubble

To avail the flights, travellers will have to test negative in the polymerase chain reaction (PCR) test for Covid-19, Singapore's Ministry of Transport (MOT) on Thursday

Foreign Secy Shringla meets new high commissioner of Singapore to India

MEA spokesperson Anurag Srivastava, in a tweet, said Shringla wished Simon a successful tenure

Covid-19: Singapore and Hong Kong agree on bilateral travel bubble

Singapore and Hong Kong have agreed on a bilateral air travel bubble, which will exempt travellers from the mandatory quarantine upon arrival, as the rate of infection declines in both cities

Singapore GDP shrinks 7% in third quarter, more than forecasts

Singapore's economy contracted slightly more than expected in the third quarter from a year earlier, preliminary data showed on Wednesday.

Singapore lab accidentally disposes of Covid swab samples meant for testing

A private medical laboratory in Singapore accidentally disposed of some Covid-19 swab samples before being tested following lapses in the protocol, prompting authorities to investigate the matter

Singaporeans 'generally agreed' with foreigners' importance in country

Singaporeans generally agreed with the importance of the country, dubbed as Asia's financial hub, remaining open to foreigners competing for jobs, according to a latest survey. About 81 per cent of the people agreed that it is good that Singapore is a hub as it provides good job opportunities for Singaporeans, even if some jobs will go to foreigners, Channel News Asia reported, citing the survey of the government's feedback and engagement unit REACH. Majority of the respondents (63 per cent) strongly agreed or agreed that it is important that Singapore remains open to foreigners while 25 per cent were neutral, and only 10 per cent strongly disagreed or disagreed, said REACH which conducted the survey between August 11-21. The sample was weighted to be demographically representative of the national population in terms of gender, age and race. Respondents who were unemployed were more likely to be neutral on the importance of Singapore remaining open to foreigners, it said. The ...