Citi moves goalposts on retail banking monthly fees

CITIBANK Singapore has tripled the amount of money that its mass retail clients have to tie to their accounts to avoid incurring a monthly fee, sharpening its focus on the "emerging affluent" market. The US bank told customers that it has standardised its ... ( read original story ...)

Strict rules in place for import of sand: Government

In fact, Singapore has ceased importing sand from its neighbour since last November, in compliance with a ban on all sand exports by the Cambodian government, he added. This superseded a May 2009 partial ban on certain types of sand. The MND statement ... ( read original story ...)

Win Streak May Continue For Singapore Stocks

The Singapore stock market has moved higher in back-to-back sessions, gathering more than 10 points or 0.3 percent along the way. The Straits Times Index now rests just above the 3,010-point plateau, and the market may extend its gains on Monday. ( read original story ...)

Singapore Airlines looks to expand outside Manila

A lot of people come to Manila on business, so you don’t want them to travel a very long distance,” he said. While Singapore Airlines would want to expand operations in Manila by adding a fifth daily flight, the carrier is constrained, given congestion ... ( read original story ...)

How a S$50m investment spells hope

The firm, which calls Singapore its global headquarters, had invested more than S$50 million in the two new facilities. One is a new building to consolidate two major business segments together. Another is an innovation centre, the company's first outside ... ( read original story ...)

'Singapore most favoured destination to invest for Indian cos'

Indian firms pumped in USD 2.06 billion in Singapore in December ... USD 1.19 billion were through issuance of guarantee by Indian companies in their overseas business holdings. While USD 481.76 million came in the form of loan, USD 812.91 million of ... ( read original story ...)

Bumper business

Rental company Avis, which does about five times more business during this period, said all its 300 short-term rental vehicles have been booked for the festive season. Those still planning to rent a car to ferry their families around during the festive ... ( read original story ...)

Vacant jobs in Singapore down 7%

"We're hearing from candidates and employers on the ground that Singapore is becoming a less attractive place to do business because of the quota system", said Holliday. Meanwhile, the new quota system is not the only challenge Singapore's employment ... ( read original story ...)

Singapore 2G switchoff highlights digital divide

Singapore (AFP) - When Singapore pulls the plug on its 2G mobile phone network this year, thousands of people could be stuck without a signal -- digital have-nots left behind by the relentless march of technology. From technophobic pensioners to cash ... ( read original story ...)