Singapore morning news roundup by AEC News Today is your one stop source for Singapore news on matters of governance and policies affecting Asean business communities. Canada Pension Plan Investment Board is committing $325 million towards warehouses and ... ( read original story ...)
New HSBC chairman welcomed by the City
AIA’s loss is HSBC’s gain, if investors’ reaction to the appointment of Mark Tucker as the next chairman of Europe’s biggest bank is anything to go by. Shares in insurance giant AIA slumped 3pc in Hong Kong while HSBC stock climbed as much as 1.8pc ... ( read original story ...)
Export boost to guide UK through Brexit uncertainty
Stronger exports and the “great British consumer” will help the UK to weather Brexit uncertainty this year, according to Morgan Stanley, which almost doubled its 2017 growth forecast amid a series of upgrades by business groups and City forecasters. ( read original story ...)
Coffee-shop operator Kimly counts Heliconia Capital as a pre-IPO investor
... traditional coffee-shop operator to be listed on the Catalist board of the Singapore Exchange, counts Heliconia Capital Management as one of its two pre-IPO investors. A wholly owned subsidiary of Temasek Holdings, Heliconia is an investment firm that ... ( read original story ...)
How to get a banking job in Asia if you don’t already work in banking
You can get a non-graduate job in Asian banking without any banking experience. This is how. http://news.efinancialcareers.com/sg-en/275997/contractors-banks-singapore-hong-kong/ If you don’t work in banking but would like to get a banking job in ... ( read original story ...)
Singapore-Australia cooperation on science and technology takes off
SINGAPORE — Singapore-Australia cooperation on science, technology and innovation received a boost with the launch of the Australian Landing Pad at one-north yesterday. Singapore is one of five global innovation hubs identified by the Australian ... ( read original story ...)
CPP Investment Board commits $325M in logistics ventures in Singapore, Indonesia
Canada Pension Plan Investment Board is committing $325 million towards warehouses and other logistics investments in Singapore and Indonesia, in partnership with the Logos Property Group and the Caisse de depot’s real estate arm. It’s the first time ... ( read original story ...)
Singapore's surprise property moves applauded by businesses
Singapore's largest listed property firm is broadly welcoming revisions to the city-state's property cooling measures after more than 3 years of sinking prices. "Together with the government's policies to support population and economic growth, such ... ( read original story ...)
DBS seeks new CIO at wealth division as Lim retires, sources say
DBS Group (Singapore Exchange: DBSM-SG), Southeast Asia's largest bank, is looking for a new chief investment officer for its expanding wealth management division to replace Lim Say Boon, who is retiring after serving seven years, people familiar with the ... ( read original story ...)
Singapore to get 2 new radio stations
SINGAPORE: Singapore will get two new commercial free-to-air ... wellness and retirement planning, said IMDA in its news release. The station will also feature Chinese pop and "xin yao" entertainment music from the '80s and '90s. The second station is ... ( read original story ...)
Family thought news of motorcyclist killed in BKE accident was a scam
JOHOR BARU - The family members of a Malaysian who was killed in a road accident in Singapore initially did not believe the tragic news. Instead, they thought it was a scam to get money from them. However, their lives came crashing down when it was ... ( read original story ...)
Singapore bans former Goldman Sachs banker linked to 1MDB
Leissner resigned from the bank in February 2016. "MAS will not tolerate conduct by any finance professional that threatens to undermine trust and confidence in Singapore’s financial system," Ong Chong Tee, a MAS deputy managing director, said in a ... ( read original story ...)
POLL-Singapore Feb exports seen up 12.8 pct Y/Y
Apps/econ-polls?RIC=SGXOILY%3DECI SINGAPORE, March 13 (Reuters) - Singapore's non-oil domestic exports in February are expected to rise for a fourth consecutive month, a Reuters poll showed on Monday. Non-oil domestic exports in February were expected to ... ( read original story ...)
Singapore’s central bank completes blockchain-based inter-bank payment pilot
The Monetary Authority of Singapore (MAS) has completed a pilot project that was carried out for inter-bank payments using blockchain technology. In November last year, MAS announced that it is partnering with R3 and a consortium of financial firms to ... ( read original story ...)
Singapore, Hong Kong property sectors go opposite ways
Home prices in Singapore have declined for the past three years. According to a report from Bloomberg, whether you look at prices or policy, the property markets in Singapore and Hong Kong are marching resolutely in opposite directions. Singapore has eased ... ( read original story ...)
Education funds planning for Singapore expats
Living costs in Singapore are among the highest in the world. Expats who move to the city-state can expect to pay large amounts for their accommodation and for day-to-day expenses. Car buyers in Singapore usually pay five to six times the price of a ... ( read original story ...)