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The Singapore Exchange has given the go ahead for companies with dual-class share structures to seek a primary listing on its main board with immediate effect. With the rules and safeguards in place, new economy stocks including start-ups and tech firms that have shares with different voting rights will now be allowed to raise funds through an initial public listing in Singapore.
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Averting a US-China trade war will be difficult because of the deep differences in the economies of the two countries, trade experts said at the East-West Centre's International Media Conference yesterday. The recent move by the United States to impose punitive tariffs on Chinese goods is a reflection of the deeper issues between the two.
Malaysia's national police chief Mohamad Fuzi Harun has confirmed that the police force will be restructured, with three elite teams likely to be abolished. He said the special squads will not be replaced with other teams.
The US Supreme Court yesterday upheld President Donald Trump's travel ban targeting several Muslim-majority countries, and rejected the idea that it represented unconstitutional religious discrimination. The vote was 5-4, with the court's conservatives in the majority.
Senior Minister of State Mohamad Maliki Osman argues that Singapore's "ecosystem" of helping the poor, which emphasises self-reliance, is working well, and it is not true the poor here are being disadvantaged by the system.
The victim of a fatal industrial accident at an Admiralty manufacturing facility on Monday, Madam Zarimah Mohamad, 58, was a mother of four and a breast cancer survivor. Despite facing a relapse, she had continued to work to help pay her medical bills.
A surgeon, Dr Ganesh Ramalingam, has been been suspended for seven months for not properly evaluating a patient's condition, not informing her of alternative treatments and not keeping proper records. The patient had gone to him in 2014 with diarrhoea and rectal bleeding.
Singapore's factory output continued to outperform in May, defying expectations of a slowdown in manufacturing.
Output rose 11.1 per cent from the same month a year earlier, beating April's 9.1 per cent rise and also blowing past economists' expectations of a 10 per cent increase.
The rolling hills and mountains of Batam will provide a stiffer challenge than the usual flat roads of Seletar at this year's OCBC Cycle National Road Championship, which is being held overseas for the first time on July 8.
Singapore Cycling Federation president Hing Siong Chen hopes the longer race loop and distances will raise local cyclists' standards.
No Signboard Holdings announced that it will launch a quick service restaurant concept called Hawker, which specialises in burgers with Asian flavours. Think chilli crab , nasi lemak, satay and chicken rice - with steamed chicken and rice patties. There are plans to get halal certification for the chain.
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