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Search Result for “Temasek”

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Car permit sales help swell Singapore surplus

Published on 20/02/2025

» The Singapore government sourced billions of dollars more than it initially expected from the auction of near-record high car permits, as well as income tax and contributions from its state wealth funds, according to budget data released this week.

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Singapore ready to make ‘bold changes’ to revive stock market

Published on 16/09/2024

» Singapore is prepared to make “bold changes” to regulatory structures in an attempt to revive its languishing stock market, according to its Second Minister for Finance.

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Myanmar power plant shut down amid escalating unrest

Published on 12/08/2024

» Temasek-backed Sembcorp Industries on Monday temporarily suspended operations at its Myingyan Independent Power Plant in Mandalay, Myanmar.

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Sanctioned Myanmar tycoons find shelter in Singapore

Published on 18/10/2022

» Frangipani plants and coconut trees front the three-story villa on Sentosa Island where Myanmar tycoon Tay Za stays when he’s in Singapore. It’s one of two houses his family owns in a development overlooking the South China Sea known as a playground for the wealthy. A short drive away is the Marina Bay Sands casino, where he would often show up carrying a duffel bag stuffed with cash. On a sunny day in June, a yellow Ferrari F8 Spider and a Mercedes were parked outside one of the villas.

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Indonesia set to pass new data privacy law after spate of leaks

Published on 13/09/2022

» Data operators could face up to five years in jail and a maximum fine of 5 billion rupiah (12.3 million baht) for leaking or misusing private information, according to Indonesia’s new data privacy bill set to be passed by parliament this week.

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Indonesia preparing tough new curbs for online platforms

Reuters, Published on 23/03/2022

» SINGAPORE/JAKARTA: Indonesia is readying tough new rules that will allow it to fine and criminally charge internet and social media platforms, sources with direct knowledge of the matter said, potentially slowing online firms' rapid growth in a $70 billion market.

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Covid vaccine candidate shows immune response in mice - China's Clover

Reuters, Published on 18/05/2021

» Chinese biotechnology company Clover Biopharmaceuticals said on Tuesday the modified version of its Covid-19 vaccine candidate showed a strong immune response against the original strain of the virus and some variants during animal testing.

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Singapore maid case 'wasn’t biased in favour of rich employer'

Published on 04/11/2020

» The 2019 conviction of an immigrant domestic helper for stealing wasn’t improperly biased in favour of her rich and powerful employer, Singapore Law Minister K Shanmugam said in an address to Parliament Wednesday.

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Singapore to begin first human trial for potential Covid-19 treatment

Published on 10/06/2020

» SINGAPORE: Next week, 23 healthy volunteers here will be involved in a clinical safety trial for an antibody drug that is hoped to be a viable treatment for patients with Covid-19, a disease that has killed more than 400,000 around the globe so far.

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Virus cases soar among Singapore migrant workers

Published on 18/04/2020

» SINGAPORE: New coronavirus cases in Singapore have soared by a single-day record of 942, almost all of them among the thousands of migrant labourers living in dormitories in the city-state.