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Singapore’s government made a rare intervention in a merger deal, stepping in to block a controversial $1.7 billion deal by Germany’s Allianz to buy Income Insurance, a cooperative-turned-company.
A former Allianz fund manager was spared prison time on Friday over his role in a meltdown of private investment funds sparked by the COVID-19 pandemic that caused an estimated $7 billion of ...
In July 2024, the NTUC Enterprise co-operative gave an irrevocable undertaking to sell a majority 51% stake of Income Insurance Ltd to German insurer Allianz. [13]NTUC Enterprise Chairman Lim Boon Heng stated that "is a capital-intensive business and to grow, there is a need to tap the capital markets" and that the sale was necessary because the "strength of Allianz’s financial position will ...
News Tonight (formerly News 5 Tonight, News 5 and before 1994 as just News) is a Singapore English long-running main flagship daily main evening nightly television news bulletin programme on Mediacorp Channel 5 since its inception which runs daily from 9:00pm to 9:30pm Singapore Time on daily/public holidays, providing a round-up of all the day's events around Singapore, as well as coverage of ...
News 8 At One [1点新闻] (weekdays at 1pm) Hello Singapore – 狮城有约 (weekdays from 6:30pm to 7:30pm) Hello Singapore Highlights (weekdays 7:30am) News Tonight – 晚间新闻 (all days from 10pm to 10:30pm) (also broadcast on Mediacorp Channel U at 11pm on all days) Singapore Today – 狮城6点半 (weekends only from 6:30pm)
Channel 5 is an English-language free-to-air terrestrial television channel in Singapore, owned by state media conglomerate Mediacorp.The channel primarily airs English language programming made in Singapore, and imported programmes from other nations such as the United States, United Kingdom, Australia and Philippines, broadcasting news (as News Tonight) and entertainment from a variety of ...
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[7] This was the first time in Singapore's history when the PAP lost a GRC in an election. [8] Following the 2011 general election, Ong continued to work at the National Trades Union Congress (NTUC) and became Deputy Secretary-General in June 2011. [9] He was also elected into the NTUC's Central Committee later that year. [10]