Singapore Business Times (consumer news): PepsiCo hires Singaporean Tan Wern-Yuen as Asia-Pacific CEO SNACK and beverage giant PepsiCo has hired Singaporean Tan Wern-Yuen as chief executive officer (CEO) of Asia-Pacific, Australia, New Zealand and China (APAC) to oversee its operations in the region, starting June 15.
Singapore Business Times (companies-markets): Sembmarine's Brazil unit enters into revolving credit facility for up to US$500m SEMBCORP Marine (Sembmarine) on Friday said its Brazil subsidiary Estaleiro Jurong Aracruz (EJA) has entered into a revolving facility agreement for up to US$500 million.
Singapore Business Times (companies-markets): SMEs' cash flow challenges easing with government relief, DBS poll finds CASH flow issues appear to have eased for Singapore's small and medium-sized businesses (SMEs) as government relief kicks in, a DBS survey conducted in the final week of Singapore’s eight-week circuit breaker has found out.
Singapore Business Times (companies-markets): CapitaLand proposes scrip dividend scheme, opens star attraction at China mall PROPERTY giant CapitaLand has proposed a scrip dividend scheme which will allow shareholders to receive their cash dividends in the form of new shares.
Singapore Business Times (companies-markets): Oxley unit disposes of stake in UK developer Galliard for £30m PROPERTY developer Oxley Holdings on Friday said its wholly-owned subsidiary, Oxley Bright, has disposed of its entire 18.77 per cent stake in Galliard Group for some £30 million (S$52.9 million).
Updates from Singapore Business Review: Chart of the Day: Fourth budget to lift budget deficit to 15.4% of GDP Uploaded By: Janine Ballesteros Submitted By: Janine Ballesteros Case Study: No Singapore to see the largest budget deficit since independence. This chart from UOB shows the overall budget deficit for FY2020 which amounts to $74.3b or [...]
Updates from Singapore Business Review: Daily Briefing: Eligible Singaporeans to receive cash payments from 18 June; CPF contribution rates to stay the same Uploaded By: Janine Ballesteros Submitted By: Janine Ballesteros Case Study: No And car-sharing player Smove files for liquidation. From Channel News Asia: Singaporeans will receive cash from 18 June as part of [...]
Singapore Business Times (banking-finance news): DBS and Food Bank to create app to streamline food donations DBS is partnering The Food Bank Singapore to develop an app that will address food gaps for the vulnerable by facilitating greater coordination and targeted support, the lender said on Thursday.
Singapore Business Times (consumer news): Covid-19 claims first Singapore Michelin-starred victim THE Covid-19 pandemic has claimed its first Michelin-starred victim, with Vianney Massot Restaurant set to close permanently by the end of this month.
Singapore Business Times (companies-markets): Over 100 Scoot cabin crew take up temporary jobs at sensor firm OVER 100 cabin crew from Scoot have taken on temporary employment with ams Sensors Singapore for a period of at least three months from May this year amid the Covid-19 pandemic, both companies said in a joint statement on [...]