Posts by Riah Marton
Casinos collected S$4.4 million more in entry levies from April to May due to lapse in law: MHA
DUE to a law that was not renewed, Singapore’s two casinos collected about S$4.4 million more than was legally allowed between April and May 2024. To enter casinos here, Singapore citizens and permanent residents previously needed to pay a daily entry levy of S$100 or an annual entry levy of S$2,000. The levies were upped…
Read MoreTelkom Indonesia taps Goldman, Mandiri to seek strategic investor for data centre business
INDONESIA’S state-owned communication giant Telkom Indonesia has appointed Goldman Sachs and Mandiri Sekuritas to help it find a strategic investor for its data centre business, according to a senior company official. Goldman Sachs is the global financial advisor for the project and Mandiri Sekuritas is the lead advisor, Telkom’s senior vice president of corporate communication…
Read MoreFormer manufacturing giant SunPower files for bankruptcy
SUNPOWER has filed for bankruptcy in Delaware and plans to wind down operations, ending the decades-long run of the once-venerated US solar firm. The rooftop solar company listed assets and liabilities of US$1 billion to US$10 billion in its Chapter 11 petition in the US Bankruptcy Court for the District of Delaware. Top shareholders in…
Read MoreXpeng Aeroht raises US$150 million for production of flying cars
XPENG Aeroht, a unit of Chinese electric carmaker Xpeng, raised US$150 million to fund the development and production of a proposed flying car in Guangzhou. On Monday (Aug 5), the company said it has also started the next round of funding as it prepares to build manufacturing facilities in the Chinese city. Xpeng Aeroht’s so-called…
Read MoreCiti nets DBS’ Yeo Wenxian as head of wealth for Asia South
CITI Wealth on Tuesday (Aug 6) announced the appointment of Yeo Wenxian as its new head of wealth for Asia South, commencing Nov 1. The Singaporean executive is also set to be Citibank Singapore’s chief executive officer, after regulatory approval. She will report to Citi’s head of wealth Andy Sieg, and join his global leadership…
Read MoreBritish Olympian Harry Charles Is Dating Steve Jobs’ Daughter Eve Jobs – E! Online
Eve—whose mother is Steve’s widow, Laurene Powell Jobs—shared her own support for Harry by commenting, “love love love you !!!” Harry comes from a line of Olympic equestrians, with his father Peter Charles winning gold at the 2012 London Olympics. And he was able to give his son a few words of advice. “Before the competition, my dad said to enjoy it, whatever you do. You’ve…
Read MoreSingapore shares open higher on Tuesday; STI up 0.8%
SINGAPORE equities began trading in positive territory on Tuesday (Aug 6), following a global market rout with all three major Wall Street indices spending the entire day in the red. As at 9.01 am, the Straits Times Index (STI) rose 0.8 per cent or 24.79 points to 3,268.46. Across the broader market, gainers outnumbered decliners…
Read MoreThese Are the Best No Show Underwear To Wear Beneath Leggings – E! Online
We independently selected these deals and products because we love them, and we think you might like them at these prices. E! has affiliate relationships, so we may get a commission if you purchase something through our links. Items are sold by the retailer, not E!. Prices are accurate as of publish time. Look, there…
Read More2024 Olympics: Rower Justin Best Proposes to Girlfriend With 2,738 Yellow Roses in Nod to Snapchat Streak – E! Online
But of course, he saved the best for last, saying to the 26-year-old, “This is going to be the easiest question of my life. I want to spend the rest of my life with you and raise a family together. Lainey, will you marry me?” Lainey immediately gave a yes and the two shared a kiss, with Lainey getting red lipstick all…
Read MoreCapitaLand Ascott Trust bags S$165 million OCBC sustainability-linked loan
The stapled group is said to have “greened” 51 per cent of its global portfolio by gross floor area as at May 2024 CAPITALAND Ascott Trust (Clas) has secured a S$165 million sustainability-linked multi-currency revolving credit facility from OCBC. Proceeds from the loan will be utilised by Clas for general corporate purposes. Dubbed the OCBC…
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