The European Commission and Singapore completed negotiations on a trade deal in October 2014 but it is still waiting for approval from EU governments and the European Parliament.
This is the largest fine ever meted out by the court for such an offence, according to the Council for Estate Agencies.
The acquisition of the 49 per cent stake from Cabcharge Australia will be financed by a combination of internal funds and bank loans, says ComfortDelGro.
Mr Neil McGregor will take over from Mr Tang Kin Fei, who will retire on Mar 31, 2017 after 30 years with the group.
Singapore's economy is now expected to grow 1.4 per cent this year, down from an earlier forecast of 1.8 per cent, according to economists polled by the Monetary Authority of Singapore.
Startups supported by Mediapreneur will be listed on FundedHere, giving them a wider platform to attract capital. Mediapreneur, which seeks to nurture high-potential companies in the media industry, will also connect FundedHere to other startups.
The joint venture involves co-operation between SIA and Lufthansa regarding scheduled air passenger services between some European countries - specifically Germany, Austria, Switzerland and Belgium - and Singapore, Indonesia, Malaysia and Australia in Asia-Pacific.
To meet fast-growing demand in Singapore, JustCo will open two co-working spaces with a combined floor area of more than 100,000 square feet at Marina One and the new UIC Building by April 2017.
Marking its first acquisition, Singapore-based dating app Paktor said on Thursday (Dec 8) that it has agreed to buy a controlling stake in Taiwanese start-up 17 Media.
By 2020, new emission regulations will require shipping firms to be greener in their operations. With the new laboratory, these costs are expected to be pared down with innovations like a dual-fuel engine capable of burning traditional and clean fuel.