(Bloomberg) -- The performance of Prime Minister Narendra Modi’s party in ongoing state elections will determine if the trickle of foreign money returning to Indian stocks turns into a gush, according to Citibank. The five state polls held over February ... ( read original story ...)
Dyson opens new Technology Centre
The new Dyson Technology Centre in Singapore has been opened by founder James Dyson, in the presence of Minister for Trade and Industry, S. Iswaran. Dyson is investing £330 million in its future in Singapore. The new facility has the latest development ... ( read original story ...)
DBS launches mobile order and pay app in Singapore shopping mall
After a year in pilot, DBS’ unique online food ordering and cashless payment solution for F&B businesses in Singapore – DBS FasTrack – has now been officially launched. Marking this launch, Koufu, one of Singapore’s leading foodcourts, will become ... ( read original story ...)
DBS rolls out enhanced wealth management app
DBS, Singapore’s largest and Asia-Pacific’s fifth largest private bank, continues to digitally transform its wealth management business with the latest enhancement to its wealth platform, "DBS iWealth". The new and improved wealth management app allows ... ( read original story ...)
Singapore remains a top FDI destination globally
SINGAPORE - The Economic Development Board reported just over a week ago that foreign investment commitments in Singapore slipped in 2016 to their lowest level in recent years. Estimates on global direct investments released over the weekend by the United ... ( read original story ...)
UPDATE 2-Singapore bank OCBC flags oil sector woes as Q4 profit hits 3-yr low
SINGAPORE, Feb 14 Oversea-Chinese Banking Corp , Singapore's second-biggest lender, flagged worries about a weak oil and gas sector after reporting an 18 percent drop in quarterly profit to a three-year low, mainly due to a jump in impairment charges. ( read original story ...)
Relearning retail
Last year was a challenging one for the Singapore retail market. The island-wide vacancy rate for retail space climbed to 8.4% in 3Q2016 — the highest level in more than five years since the time series commenced in 1Q2011. Meanwhile, for the whole of ... ( read original story ...)
Fatal Singapore tree fall prompts questions
The death of a woman in Singapore after a 270-year-old tree fell on her in the ... compaction of its root zone by visitors," Mr Leong said in a statement to BBC News. NParks said it has "a systematic regime of inspection checks" and deploys more than ... ( read original story ...)
Fall of Singapore anniversary: How a military defeat changed Australia
February 15 marks the 75th anniversary of the fall of Singapore in World War II. It also effectively marks the rise of the US-Australia strategic relationship. More on that later. Let us first go back to the dark days of January 1942. The Pacific War is ... ( read original story ...)
Singapore security firm hopes mobile software token will plug hardware holes
Singapore's state-owned security vendor, Assurity Trusted Solutions, is hoping its introduction of a mobile software token will resolve common user grievances associated with hardware tokens and finally convince local banks to adopt its platform. ( read original story ...)
Singapore to open up non-bank finance companies to foreign M&As
SINGAPORE Singapore will for the first time allow foreign takeovers of non-bank finance firms as part of steps to strengthen their financial resilience and operational flexibility, the central bank said on Tuesday. "This will accord finance companies ... ( read original story ...)
Singapore most targeted by ad fraud on mobile
The mobile economy is growing. It is estimated that 59.5% of Google’s net global ad revenues will stem from mobile Internet ads this year, up from about 45.8% in 2015. By 2018, this figure is expected to rise to near 75%. And along with the maturity the ... ( read original story ...)
Singapore Stock Market Draws Firm Lead
(RTTNews.com) - The win streak has hit three sessions for the Singapore stock market, which has collected almost 45 points or 1.5 percent along the way. The Straits Times Index now rests just above the 3,110-point plateau, and the market may add to its ... ( read original story ...)
Singapore's OCBC fourth-quarter profit slumps to three-yr low on bad debt charges
SINGAPORE Oversea-Chinese Banking Corp (OCBC.SI), Singapore's second-biggest lender, reported a bigger-than-expected 18 percent drop in quarterly net profit to the lowest level in three years, dragged down by a 57 percent jump in bad debt charges. ( read original story ...)
UPDATE 1-Singapore's OCBC Q4 profit slumps to 3-yr low on bad debt charges
SINGAPORE Feb 14 Oversea-Chinese Banking Corp , Singapore's second-biggest lender, reported a bigger-than-expected 18 percent drop in quarterly net profit to the lowest level in three years, dragged down by a 57 percent jump in bad debt charges. Singapore ... ( read original story ...)
Singapore's OCBC Q4 net profit falls 18 pct, bad debt charges rise
SINGAPORE Feb 14 Oversea-Chinese Banking Corp , Singapore's second-biggest lender, reported a bigger-than-expected 18 percent drop in quarterly net profit, dragged down by a 57 percent jump in bad debt charges. OCBC's net profit came in at S$789 million ($ ... ( read original story ...)