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On Singles’ Day, green groups warn of China’s surge in packaging waste

SHANGHAI: Accumulated waste from China's e-commerce and express delivery sectors stands to more than quadruple by 2025 unless action is taken to rein it in, green groups said on Monday (Nov 11), as an online shopping spree known as Singles' Day broke new sales records. The volume of packaging...

Markets

Singapore’s public healthcare agencies to adopt SGQR payments by end-2020

DBS Bank is working with Singapore’s public healthcare system to transition all public hospitals, specialty centres and polyclinics to the nation’s unified payment code, Singapore Quick Response Code (SGQR), by the end of next year.

Markets

China’s Xi holds talks in Greece en route to BRICS summit

Chinese President Xi Jinping on Monday holds talks in Greece, where he is eagerly awaited by the new pro-business government.

Markets

Pan Asian to dispose China pipe and valve unit for 14.6m yuan

PAN Asian Holdings is proposing to sell its entire stake in its China pipe and valve manufacturing unit for 14.6 million yuan (S$2.8 million) to buyers Li Wei Jiang and Li Ya Feng.

Markets

China’s auto industry discusses ways to boost rural car sales: sources

China's auto industry executives met with government officials over the weekend to discuss ways to promote higher car sales in rural areas, sources familiar with the matter said.

Markets

MAS, Temasek, JPMorgan develop prototype network for multi-currency payments

THE Monetary Authority of Singapore (MAS), JPMorgan and Temasek have developed a blockchain-based prototype that enables payments to be made in different currencies on the same network.

Markets

Alliance Healthcare: Clinic being probed by MOM ‘not material’ to group

ALLIANCE Healthcare on Monday said that the clinic under investigation by the Ministry of Manpower (MOM) regarding a locum doctor is "not material" to the group and continues to operate as usual.

Markets

Amazon’s US$1.5 million political gambit backfires in Seattle City Council election

Seattle voters, in a rebuke to heavy corporate campaign spending by Amazon.com, have kept progressives firmly in control of their city council, reviving chances for a tax on big businesses that the tech giant helped fend off last year.

Markets

AEI to sell business to exec directors for S$6.4m; they step down on Monday

ALUMINIUM producer AEI Corp is selling its business and liabilities to the investment vehicle of its executive directors, Ian Tan Chu En and his wife Sinta Muchtar, for S$6.4 million.

Markets

MAS to roll out US$2b green finance programme

THE Monetary Authority of Singapore (MAS) will launch a US$2 billion programme to accelerate the growth of Singapore's green finance ecosystem.

Markets

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