Singapore mall vacancies rose to the highest level in a decade in the third quarter as an oversupply of shop spaces added to muted spending by shoppers. A gauge of mall vacancies rose 0.6 percent to 8.4 percent in the three months ended Sept. 30, even as ... ( read original story ...)
Singapore, the fintech prodigy
This programme promotes a culture of innovation in the financial sector, says an MAS spokesman, as Singapore builds a smart financial centre where "technology is used pervasively in the financial industry to increase efficiency, create new opportunities ... ( read original story ...)
POSB combines contactless and wearables to teach kids financial management
Singapore's POSB has run successful trials of an in-school wearable and tech saving programme to help cultivate sensible savings and spending habits among young students. The POSB Smart Buddy programme uses portable and wearable devices such as a watch or ... ( read original story ...)
Nine bankers in Singapore who ditched finance for the food sector
These former Singapore finance professionals are all now running their own food and drink companies. Moving out of banking mid-career in Singapore is nothing new – plenty of 20 and 30-somethings shift into buy-side or fintech roles every year. It’s ... ( read original story ...)
Singapore mulls second LNG terminal
And a fourth storage tank at the Jurong Island terminal will be finished in 2018. Singapore is boosting efforts to establish itself as Asia's liquefied natural gas (LNG) trading hub, looking at third party spot imports and a second LNG terminal ... ( read original story ...)
BuildTech Asia 2016 Unveils Transformation of Building and Construction Sector Through Technology and Building-IoT
This site is the first in Singapore to implement the use of productive technologies such as Prefabricated Volumetric Construction (PVC) modules for three blocks, conventional 2-D precast panels for the remaining six blocks and the use of Prefabricated ... ( read original story ...)
Singapore’s Central Bank Creates Financial Tech Partnerships
According to MAS letters of intent, the central bank of Singapore will collaborate with India and South Korea on distributed ledger projects. The first partnership began with authorities from the Indian region of Andhra Pradesh (GoAP). The organizations ... ( read original story ...)
Singapore Michelin-starred food hawker to start chain
A Singapore street-food chef who was awarded a Michelin star this year announced Friday a partnership with a multinational culinary company to offer customers across Asia a taste of his prize-winning braised chicken dish. Chan Hon Meng announced in a joint ... ( read original story ...)
Singapore's Oversea-Chinese Banking profit up 5%; bad debts swell
SINGAPORE -- Oversea-Chinese Banking Corp., Singapore's second-largest bank by assets, said Thursday its net profit rose 5% on the year to 943 million Singapore dollars ($677 million) for the third quarter ending in September. Despite a drop in the bank's ... ( read original story ...)
Rise and… sigh? Being sleepless is big business in Singapore
SINGAPORE: Musician Axel Serik used to be unable to sleep for long stretches, sometimes even more than a week. “It was really, really bad. I remember playing shows many times without sleep and it was horrible,” he said. “I was searching high and low ... ( read original story ...)
5 works to check out at the Singapore Biennale 2016
SINGAPORE: For an art showcase evocatively called An Atlas Of Mirrors, it probably shouldn’t be surprising to come across so many artworks that take its title literally. At this year’s Singapore Biennale, which opened Oct 27 and runs for four months ... ( read original story ...)
OCBC Q3 earnings up 5%, beating forecasts, but asset quality remains stressed
SINGAPORE (REUTERS, BLOOMBERG) - OCBC earnings grew in the third quarter due partly to improved performance of its insurance business, but core banking profit has weakened while asset quality issues persisted. Singapore's second biggest lender said net ... ( read original story ...)
Singapore's UOB profit falls 7.8 percent; bad debt charges jump
SINGAPORE (Reuters) - Singapore's United Overseas Bank (UOBH.SI) posted a 7.8 percent drop in third-quarter net profit on Friday, hurt by a jump in bad debt charges due to losses from its exposure to the oil and gas sector. Singapore banks are facing ... ( read original story ...)
Garbine Muguruza vs Svetlana Kuznetsova WTA Finals Singapore tennis live: Kuznetsova already into semifinals
Svetlana Kuznetsova is already into the semifinals and Garbine Muguruza is already out: Who will find more incentive to win Friday’s WTA Finals Singapore match? It could be a strange match on Friday as Svetlana Kuznetsova, already qualified for the WTA ... ( read original story ...)
Singapore’s Fintech Push
Monetary Authority of Singapore’s “regulatory sandbox” — The country’s financial regulator has taken a liberal approach and announced the creation of a “regulatory sandbox.” This will allow start-ups and existing companies in the financial ... ( read original story ...)
ZEDRA hires from HSBC for new Singapore chief
Independent trust, corporate and fund services firm ZEDRA has hired Wendy Sim to lead the development of its Singapore office, which will additionally support markets in North and South Asia. Independent trust, corporate and fund services firm ZEDRA has ... ( read original story ...)