Posts by Swedan Margen
NTT DC Reit’s Singapore public offer 9.8 times oversubscribed
It has received applications for 294.8 million units compared to the 30 million available in public tranche of IPO [SINGAPORE] The manager of NTT DC Reit (real estate investment trust) said the public tranche of its Singapore initial public offer (IPO) was about 9.8 times oversubscribed. Based on the 30 million units available to the…
Read MoreMore Than 150 Illegal E-Bikes, Mobility Devices Seized by LTA in Last 2 Months
Singapore’s Land Transport Authority (LTA) announced on Friday, July 11, that during the previous two months, it had conducted island wide enforcement operations and detected 232 active mobility offences and seizing 151 non-compliant devices. In a Facebook post, LTA stated that it collaborated with police officers from the neighborhood police centers in Marina Bay, Punggol,…
Read MoreUS: Wall St opens lower amid Trump’s fresh tariff salvo on Canada
Published Fri, Jul 11, 2025 · 09:43 PM [NEW YORK] Wall Street’s main indexes opened lower on Friday (Jul 11) as President Donald Trump cranked up his tariff assault on Canada, deepening uncertainty around Washington’s trade agenda. At 09.30 am, the Dow Jones Industrial Average fell 215.88 points, or 0.48 per cent, to 44,434.99. the…
Read MoreTwo Men Arrested for Alleged Involvement in Unauthorized Credit Card Transaction Cases in Singapore
Two men, aged 27 and 32, were arrested on Thursday, July 10, for their suspected involvement in a series of unauthorized credit card transactions. The Singapore Police Force (SPF) issued a press release and said that they were notified to multiple cases of unauthorized credit card transactions on July 8 at about 2.20 pm. The…
Read MoreCreative Technology warns H2 revenue may be below target, with operating loss similar to that in H1
It says US tariffs and global trade tensions weakened consumer sentiment, which dragged on revenue [SINGAPORE] Creative Technology said that revenue for its second half of the financial year ended Jun 30 is likely to be US$30 million, which is below its target. In a bourse filing on Friday (Jul 11), the company said that…
Read MoreSingaporean Man, 23, Arrested for His Suspected Involvement in Government Official Impersonation Scam
A 23-year-old man was arrested on Wednesday, July 9, for his suspected involvement in several cases of government official impersonation scam (“GOIS”). The Singapore Police Force (SPF) said on Thursday, July 10, that they received a report of GOIS involving the impersonation of a government official purportedly from the Monetary Authority of Singapore (MAS) on…
Read MoreJustin Bieber Releases Surprise New Album Swag; First Impression, Fans’ Reactions, and More
Justin Bieber has released his seventh studio album SWAG on Friday (July 11). When the pop megastar surprisingly dropped his first full-length album after nearly five years, it captured the attention of music lovers and his fans worldwide. They were quick enough to share their opinions about the new release on various social media platforms.…
Read MoreLondon’s Heathrow eyes higher fees for £10b upgrade
It will add another 10 million passengers per year by 2031 at Europe’s busiest airport Published Fri, Jul 11, 2025 · 08:31 PM [LONDON] London’s Heathrow Airport on Friday (Jul 11) said it plans to invest £10 billion (S$17.2 billion) over the next five years in upgrades to boost passenger numbers, largely funded by higher…
Read MoreIndonesia detains Trafigura employee in US$17 billion graft case
[JAKARTA] Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned PT Pertamina, widening one of the nation’s largest corruption investigations in recent decades. The Indonesian attorney general’s office (AGO) said late Thursday (Jul 11) that it had held eight suspects, and was pursuing…
Read MoreOur Movie Episode 9: Will Lee Je Ha and Lee Da Eum Make Their Relationship Public?
Our Movie episode 9 will air on SBS TV on Friday (July 11) at 9:50 PM KST. It will focus on the various challenges faced by Boo Seung Won, Lee Je Ha, and Lee Da Eum. According to the production team, producer Boo Seung Won could take drastic action to handle the situation between director…
Read MoreWho is Tan Teck Long, the former DBS veteran who is OCBC’s incoming CEO?
[SINGAPORE] OCBC has announced that its chief executive Helen Wong, 64, will retire on Dec 31, 2025. Its head of global wholesale banking, Tan Teck Long, 55, will take over the role on Jan 1, 2026. He brings with him a deep knowledge of the China market, an important prong of the bank’s China-Asean…
Read MoreA Welcome Reversal on Weapons to Ukraine
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