SINGAPORE - DBS Group Holdings said on Friday (Feb 10) it has agreed to sell PwC Building at Cross Street to an indirect subsidiary of Manulife Financial Corp in a deal that values the 28-storey office tower at S$747 million. The deal is done through the ... ( read original story ...)
Chart of the Day: Is Singapore mobile penetration strong enough to support fintech?
3G/4G subscribers reached 8.4m in 2016. Singapore's fintech sector is poised for growth, facilitated by its highly mature ICT market and supportive regulatory landscape. According to a report by BMI Research, Singapore has one of the world's most ... ( read original story ...)
Standard Chartered: the digital bank with a human touch
We are now offering credit cardholders in six markets (Singapore, Indonesia, Malaysia, Vietnam, India and the UAE) up to 25 percent cashback for all global Uber rides. This collaboration is part of Standard Chartered’s digital agenda to deliver simple ... ( read original story ...)
Ex-DBS bankers back fintech remittance startup
SINGAPORE - Former DBS bankers are backing a fintech remittance-payments startup with the potential to disrupt the lucrative trillion-dollar global-payments industry. The homegrown fledgling, called SingX, on Thursday billed itself as a cheaper ... ( read original story ...)
Singtel's net profit up 2% in Q3 on strong demand for cybersecurity, home services
SINGAPORE: Singtel on Thursday (Feb 9) reported that its net profit rose 2 per cent year-on-year to S$973 million in the third quarter, due to strong core business and higher contributions from regional mobile associates. However, group revenue fell 1.5 ... ( read original story ...)
Singapore Stock Market May Challenge 3,100-Point Level
(RTTNews.com) - The Singapore stock market bounced higher again on Thursday, one session after it had ended the two-day winning streak in which it had gathered almost 30 points or 1 percent. The Straits Times Index now rests just beneath the 3,080-point ... ( read original story ...)
Boeing wins $13.8 billion order from Singapore Airlines
Seen here in a photo from September 2013 is a shot of the first Singapore Airlines Boeing 777-300ER to be configured with its all-new interior at the gate at Boeing's Everett Delivery Center. (Photo: Ben Mutzabaugh, USA TODAY) Singapore Airlines agreed to ... ( read original story ...)
Singapore Unveils Growth Plan as Globalization Mood Darkens
Singapore unveiled a set of strategies that reinforce its long-standing commitment to economic openness, as the trade-dependent nation seeks to drive growth in the next decade after a “dark shift in mood away from globalization.” The country should ... ( read original story ...)
Committee on Future Economy outlines direction for Singapore's economic development
SINGAPORE: The Committee on the Future Economy (CFE) tasked to set the direction for Singapore’s economic development released its report on Thursday (Feb 9), outlining seven strategies for the next decade. Speaking at a press conference, co-chair of the ... ( read original story ...)
Singapore eyes new drivers of economic growth
SINGAPORE - A key Singapore advisory panel on Thursday proposed a 10-year strategy aimed at ensuring annual economic growth of 2-3%, mainly centred on trade partnerships, deepening the workforce's tech skills and digitalising the economy. It also ... ( read original story ...)
Singtel grows Q3 profit, forecasts mobile weakness
Singtel, Singapore’s largest mobile operator, posted a small increase in profit for its fiscal Q3, but a double-digit slowdown in mobile sales led to a year-on-year revenue decline in its core business. The operator’s net profit for the quarter ending ... ( read original story ...)
Oracle Partners with Mobilewalla to Introduce Mobile Targeting to APAC Region
Global data-as-a-service solution Oracle Data Cloud has teamed with Mobilewalla, a Singapore-based mobile consumer intelligence platform, to launch a mobile targeting solution for marketers in 13 Asia Pacific (APAC) region. As part of the partnership, ... ( read original story ...)
Singtel Q3 profit up 2% on core business, strong cyber security demand
... Singapore Telecommunications (Singtel) reported on Thursday (feb 9) a 2 per cent rise in net profit to S$972.8 million for the third quarter ended Dec 31, 2016, as it saw strong core business and higher contributions from regional mobile associates. ( read original story ...)
Strategies in CFE report 'comprehensive': Business leaders
SINGAPORE: Business leaders who provided input into the report by the Committee on the Future Economy (CFE) expressed their confidence on the recommendations put forth. Many said the report, which charts Singapore's growth over the next 10 years ... ( read original story ...)
What You Need to Know About Petrol Prices in Singapore
Given its strategic location, advanced port infrastructure, and domestically-based financial network, Singapore is the dominant oil trading nation in Southeast Asia. It is estimated that nearly 5% of Singapore’s total GDP is derived from the trade ... ( read original story ...)
All-in-one living
One of the main attractions of many developments in Singapore is a home’s proximity to amenities like bars, restaurants, supermarkets, dry cleaners and day-care for children. You have to be pretty far out from the centre of town not to have at least ... ( read original story ...)