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Supermarket operator Sheng Siong to open 4th store in China


The Straits Times
Supermarket operator Sheng Siong to open 4th store in China
Sheng Siong Group shares rose 0.6 per cent, or one cent, on July 21 to close at $1.60 before the announcement.PHOTO: ST FILE
Raphael Lim
https://str.sg/33e5
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Sheng Siong Group , Siong Group , ஷெங் சியோங் குழு , சியோங் குழு ,

Sheng Siong donates S$200,000 to humanitarian causes in Gaza


From May 22 to 30, the Rahmatan Lil Alamin (Blessings to all) Foundation (RLAF) is organising a collection to provide aid in the form of health, relief and social services for communities affected by the recent developments in Gaza.
According to a press release by RLAF, the campaign has surpassed S$800,000 within the first 12 hours.
One major donor was the Sheng Siong Group, who contributed S$200,000 to the sum.
Sheng Siong Group donates S$200,000
Lim handed over the monetary contribution to CEO of RLAF Muhammad Faizal Othman in a cheque handover ceremony at Yusof Ishak Mosque.
The event was witnessed by Singapore s non-resident representative to the Palestinian National Authority (PNA), Hawazi Daipi, and Chief Executive of the Islamic Religious Council of Singapore (MUIS) Esa Masood. ....

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Here are the Winners and Losers From Singapore's Targeted Budget


Here are the Winners and Losers From Singapore’s Targeted Budget
Bloomberg
2/17/2021
© Photographer: ROSLAN RAHMAN/AFP
People at Changi International Airport in Singapore.
(Bloomberg) Singapore’s budget targeting just a few sectors of the country’s pandemic-hit economy for support will do little to significantly boost the country’s lagging stock market although some sectors like aviation and green energy are set to benefit, say analysts.
The benchmark Straits Times Index, among Asia’s worst performing gauges last year, dropped as much as 0.9% on Wednesday after closing near the day’s low in the previous session. Analysts see aviation stocks as key winners, and property stocks, a key component of the benchmark, as losers. ....

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