The Singapore-based investment company posted one-year Total Shareholder Return of -9.02 per cent for the year – the first decline since 2009, and compared to 19 per cent in 2015.
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Temasek reports S$24b drop in net portfolio value as of end-March
Temasek portfolio value drops 9%; first slide in 7 years
SINGAPORE – The Republic’s investment firm, Temasek Holdings, reported its first annual decline in portfolio value since 2009 as volatile markets globally hurt the performance of its investments, and warned that lower returns continue to loom in the years…
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Police cordon set up outside StanChart bank in Holland Village
SINGAPORE – A large area in front of Standard Chartered bank’s Holland Village branch has been cordoned off, with eyewitnesses reporting heavy police presence around lunch time on Thursday.
The police said they received a call from the area but did not give…
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Police confirm reports of robbery at Holland Village bank
SINGAPORE – Police have confirmed that there has been a robbery at a bank along Holland Ave on Thursday (July 7) morning.
A police spokesperson said in a brief statement that the robbery occurred at 11.25am.
Police investigations are ongoing.
Earlier today, it was reported that police officers wearing bulletproof vests were seen on Thursday afternoon outside a Standard Chartered bank branch in Holland Village.
A caller to Mediacorp hotline described the suspect as a Caucasian male wearing a cap, whom police are searching, ChannelNews Asia reported.
Images on social media showed the area being cordoned off.
According to The Straits Times, there were as many as 10 police cars and two police vans parked along the side of the road.
Some officers were wielding riot shields too, the report added.
A police spokesman confirmed with AsiaOne that a report about an incident was lodged. No injuries were reported.
Police investigations are ongoing.
Police surround bank in Holland Village after suspected robbery
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Suspected robbery at Holland Village bank; Police searching area
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Suspected robbery: Police wearing bulletproof vests and riot shields seen outside bank at Holland Village
SINGAPORE – Police officers wearing bulletproof vests were seen outside Standard Chartered bank branch in Holland Village on Thursday afternoon (July 7) after a suspected robbery.
A caller to Mediacorp hotline described the suspect as a Caucasian male wearing a cap, whom police are searching.
Images on social media showed the area being cordoned off.
According to The Straits Times, there were as many as 10 police cars and two police vans parked along the side of the road.
Some officers were wielding riot shields too, the report added.
A police spokesman confirmed with AsiaOne that a report about an incident was lodged. No injuries were reported.
Police investigations are ongoing.
grongloh@sph.com.sg
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Thursday, July 7, 2016 – 14:26
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Standard Chartered bank in Holland Village closed after suspected robbery
Police officers are searching for a suspect, said to be a Caucasian male wearing a cap, according to a caller to the Mediacorp hotline.
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Flyers surface in Batam warning of bomb attacks targeting Singaporeans
Flyers and letters warning that bomb attacks will be carried out at a number of locations in Batam and Bintan in the Riau archipelago have surfaced, an Indonesian news website has reported.
According to Batam Today, the flyers claim that attacks would occur at the Batam Center Ferry Terminal and Nagoya on the island of Batam, as well as the Bintan Telani Ferry Terminal and Tanjung Pinang on the island of Bintan.
The attacks are reportedly meant to target travellers from Johor and Singapore.
The letters also mention that the militants planning the attacks had arrived in Riau two weeks ago.
Read also: Islamic State says Dhaka cafe slaughter a glimpse of what’s coming
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Twitter, Internet screengrabs, AFP, Reuters
Tanjung Pinang district police chief Kristian Siagian confirmed the existence of the flyers and said that investigations by the authorities are ongoing.
“In the aftermath of the bomb attack on the police headquarters in Solo, we have increased security measures in Tanjung Pinang, especially around vital targets such as police headquarters and ferry terminals,” he said.
Meanwhile, Bintan police chief Febrianto Guntur Sunoto urged residents to remain calm.
“We hope that residents do not panic. We have acted on the information and law enforcement officers have increased security levels here, especially at the locations that were mentioned in the flyers,” he said.
On July 4, Singapore’s Ministry of Foreign Affairs (MFA) issued a travel advisory due to the recent spate of terrorist attacks on civilian targets such as international airports and areas popular with tourists and locals.
Citing the Dhaka and Baghdad attacks, MFA advised Singaporeans to eRegister their whereabouts when travelling.
seanyap@sph.com.sg
Read also: Blasts are just the beginning of IS attacks in South-East Asia, expert says
ISIS activities in Southeast Asia
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Orchard Road start point for Standard Chartered Marathon's 21km race
Changes will also be made to the Kids Dash race, which will now be held on the evening of Dec 3 at Orchard Road, to allow the children the experience of running under the Christmas lights.
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Remittance company helps prevent scam involving S$180,000
SINGAPORE – Threatened with jail by a “police officer” from China over an illegal parcel that he claimed belonged to her, an 80-year-old woman went to a remittance agency and tried to transfer S$180,000, telling the remittance teller that the money was for…
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SEA Aquarium now home to rare blue lobster
Said to occur once in every two million lobsters, the blue American lobster will be part of the oceanarium’s Tropical Seafest.
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