What next for short-term home rentals?

New York, for instance, has been tangling with Airbnb over its business model, and imposed steep fines on anyone who lists their property on its website. President of the Sharing Economy Association Singapore, Mr Jim Tan, said the sharing economy is ... ( read original story ...)

Singapore hotels find better demand from mid-tier guests

Liesbeth Foesters travels for business around the world, but none of her hotel rooms was smaller than the one she got in Singapore. Her company has a tight budget. “If you compare this with (the room I had in) China, it is nothing, but … we have to ... ( read original story ...)

Singapore Airlines to buy 39 Boeing planes worth US$13.8bil

SINGAPORE: Singapore Airlines (SIA) announced Thursday an order for a total of 39 Boeing passenger planes worth US$13.8bil (RM61.2bil) as part of its growth plans for the next decade. The carrier said in a statement that it had signed a letter of intent ... ( read original story ...)

Fintech start-up wants to be 'Airbnb of global payments'

Its remittance service is licensed under its sister company, Transfer Easy, by the Monetary Authority of Singapore. For example, a transfer of $1,000 from a bank account here to a Citibank account in India could cost $76 to convert the money to 47,500 ... ( read original story ...)

Car buyers taking out bigger loans after MAS eased rules: Study

SINGAPORE: Car buyers in Singapore took out bigger loans after ... for 244,488 car loan holders who took loans from member banks of CBS: Bank of East Asia, Citibank, DBS, HL Bank, Hong Leong Finance, HSBC, Maybank, Industrial and Commercial Bank of ... ( read original story ...)

Fare Alert: New York to Asia for Under $500 Roundtrip

American Express, Citibank, Chase, and other banks are advertising partners ... Delta partner China Southern is offering fares between New York and Singapore or Kuala Lumpur from $493 roundtrip. Great fares are widely available September through December ... ( read original story ...)

Financial literacy to acquire in 2017

JA Singapore even hosts competitions that simulates a financial situation, so the students can apply their financial literacy knowledge during the competition. For those slightly older, Citibank has also collaborated with Singapore Management University ... ( read original story ...)

Digitisation wave creating new jobs in the world of finance

Mr Fonzarelli Ong, a senior vice-president at Citibank Singapore, recalled that when the global financial crisis hit in 2008, there was a “sweeping anxiety” across the industry. “Markets were quiet, phones were no longer ringing, everyone’s waiting ... ( read original story ...)

Thailand Becomes Tenth Country in Which Samsung Pay Has Launched

The Thai launch of Samsung Pay follows soon after a planned launch in the UK was delayed, and amid anticipation that it will soon debut in India. It is currently active in South Korea, China, Spain, Singapore, Australia, Brazil, Russia, Canada, and the US. ( read original story ...)

DBS Group selling PwC Building to Manulife in $747 million deal

Singapore - In the first transaction of an entire Singapore office building this year, DBS Group announced on Friday evening that it is selling PwC Building at 8 Cross Street to an indirect subsidiary of Manulife Financial Corp. This confirms an earlier BT ... ( read original story ...)

Canada 150 event in Singapore cancelled after accident kills one

SINGAPORE - The Canadian High Commission in Singapore cancelled a Canada 150 event at the Botanic Gardens after an accident left one person dead. The federal government says the person killed and four others injured were not Canadian. The Singapore Straits ... ( read original story ...)