Electronics - which makes up a third of Singapore's manufacturing output - has been hit by a protracted cyclical downturn in the country's trade-dependent economy amid lacklustre global growth. But the sector has been showing signs of bottoming out and ... ( read original story ...)
Singapore bank offers online chat banking
Singapore bank POSB has launched online chat functionality that understands and reacts to its customers’ spoken language. It is the latest bank to harness artificial intelligence (AI) to automate customer interactions with the POSB digibank Virtual ... ( read original story ...)
Singapore and Indonesia stand out for IT spend in Apac banking sector
Singapore’s banking and securities industry will have the highest growth in IT spend among developed economies in Asia-Pacific in 2017, while Indonesia will have the highest overall growth rate in the region, according to research. By submitting your ... ( read original story ...)
SLSBC concludes successful trade and investment promotion mission to Singapore
The Sri Lankan delegation at the Singapore Business Federation (SBF) with officials of IE Singapore, the SBF and the Board of Investment of Sri Lanka The Sri Lanka- Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce successfully concluded ... ( read original story ...)
S'pore has strict criteria for sand imports, says Govt, as controversy over Cambodian imports brews
SINGAPORE — The Republic stopped importing sand from Cambodia after a ban took effect in November last year, said the Ministry of National Development (MND) as the issue of sand imports once again takes the spotlight. Responding to media queries ... ( read original story ...)
Singapore’s consumer prices rise for first time in 2 years
SINGAPORE: After a record two years of negative inflation, consumer prices in Singapore finally rose in December last year, with headline inflation coming in at 0.2 per cent. The rise in the consumer price index (CPI) was due to a larger increase in ... ( read original story ...)
Singapore, HK are finance, fintech partners, not rivals: Analysts
HONG Kong and Singapore are often pitted against each other as rival international finance and fintech hubs, but analysts say the two cities should be seen as partners - a view fintech companies seem to support too. After a successful launch in Singapore ... ( read original story ...)
Singapore CPI rises for first time in 2 years
SINGAPORE - Singapore's annual headline consumer price index in December rose for the first time in more than two years, but weak consumption and a subdued labour market suggest that inflation will remain modest for some time. The all-items consumer price ... ( read original story ...)
Crazy Rich Asians director aiming to film, cast as much as possible in Singapore
SINGAPORE: The director of the film adaptation of Crazy Rich Asians, Kevin Kwan’s best-seller about Singapore’s secret moneyed elite, is keen to shoot as much of the movie here as possible, while hinting that local actors could be in line for some key ... ( read original story ...)
Positive charge for Singapore's electronics industry
Singapore's semiconductor industry has been stuck in a rut over the past few years but prospects are finally looking up. Companies say they expect demand to improve this year, driven mainly by trends such as the release of new consumer electronic devices ... ( read original story ...)
Paya Lebar Quarter to have Singapore’s first wellness-focused office towers
“We are the first in Singapore to promote wellness in buildings,” says ... “In the past, banks attracted the brightest graduates,” says a property consultant. “Today, they all want to work for a tech company.” Staff costs, including salaries ... ( read original story ...)
Empty bungalows: Grand old dames worth millions left in the cold
In Singapore, such "abandoned" properties are not tracked ... Take, for instance, 67 Cairnhill Road, tucked among soaring condominiums. The aged property is shrouded by tall trees, overgrown ferns and plant roots that creep across a boundary wall. ( read original story ...)
GuocoLand posts S$57.12mil net profit in Q2
Meanwhile, GuocoLand completed the acquisition of a residential site at Martin Place in Singapore for a bid price of S$595.1 million during the six-month period. Last November, it also won the right to develop a mixed-use site measuring 48,961 sq m in ... ( read original story ...)
SCB said to be seeking bids for insurance arm
SINGAPORE - Siam Commercial Bank Plc (SCB) has begun to formally seek bids for its life insurance business in a sale that could raise about 106 billion baht ($3 billion) for the country's third-biggest lender, said people with knowledge of the process. ( read original story ...)
Singapore has strict criteria for sand imports, says Government, as controversy over Cambodian imports brews
SINGAPORE — The Republic stopped importing sand from Cambodia after a ban took effect in Nov last year, said the Ministry of National Development (MND) as the issue of sand imports once again takes the spotlight. Responding to media queries, the MND ... ( read original story ...)
Singapore State Court impose fine $1.4m on non-duty paid import
SINGAPORE: A company director was sentenced by the State Courts to a fine of $1,400,000 or in default 18 months’ imprisonment for importing duty-unpaid soju. According to details, a Singaporean David So pleaded guilty to four charges of importing duty ... ( read original story ...)