Singapore Market May Sputter On Thursday

(RTTNews.com) - Ahead of Wednesday's holiday for Wesak Day, the Singapore stock market had moved higher in three straight sessions - advancing almost 25 points or 0.7 percent in that span. The Straits Times Index now rests just beneath the 3,250-point ... ( read original story ...)

Salaries surge at OCBC, but Singapore banks cut headcount

People are getting paid more at OCBC. But Singapore bank results show headcount is falling. http://news.efinancialcareers.com/sg-en/282133/dbs-technology-contractors/ The sudden addition of scores of expensive Barclays bankers to its ranks has helped ... ( read original story ...)

Developers turn to VR technology to market new properties

SINGAPORE: With virtual reality (VR) technology, one can walk into a new mall, home or office space that has not been built yet. Developers are increasingly using such technology to help market new properties. Lendlease, for instance, is using a three ... ( read original story ...)

Singapore Pavilion opens at Venice Biennale

Singapore’s representative at the Biennale this year is pioneering multidisciplinary artist Zai Kuning, with Dapunta Hyang: Transmission of Knowledge, a culmination of more than 20 years of his research on Malay culture and history in Southeast Asia as ... ( read original story ...)

UOB injects $15m funds for solar projects in Singapore

The funding was given to Sunseap Group. Singapore banking giant United Overseas Bank (UOB) lent $15m to Sunseap Group for a series of solar projects in Singapore. The projects include the 9.5 MegaWatt peak (MWp) solar photovoltaic (PV) system at Jurong ... ( read original story ...)

Singapore's Noble flags $130 million loss in first quarter

SINGAPORE Singapore-listed commodities trader Noble Group Ltd (NOBG.SI) warned on Tuesday that it was likely to report a net loss of about $130 million for its first quarter. The company said its operating environment remained challenging and was "made ... ( read original story ...)

DBS to reduce carbon footprint in 3-year partnership with DHL

SINGAPORE—DBS Bank will partner logistics company DHL Express Singapore to reduce its carbon footprint, according to a joint press release by the two firms on Tuesday. The three-year partnership will enable the bank’s global express shipments to become ... ( read original story ...)

Singapore Morning News For May 10

Singapore’s Minister of State for Health, Chee Hong Tat, has announced a Government-Industry Partnership scheme as part of a multi-pronged ‘war on diabetes’. The strategy follows hot on the heals of him announcing in the Singapore Parliament mid last ... ( read original story ...)

RHB Bank gives Singapore football S$1.5m boost

SINGAPORE — It has been a turbulent few weeks for local football, with the sport reeling from revelations of amateur club Tiong Bahru Football Club’s (TBFC) S$500,000 donation to the Asean Football Federation, and a subsequent police raid on the ... ( read original story ...)

UOB: Singapore dollar expected to weaken against ringgit

The cross rate between the Singapore dollar (SGD) versus the Malaysian ringgit (MYR) could possibly head lower and return to below the 3.0 level by year-end, says United Overseas Bank (UOB). Based on current trend, the cross would likely pass through the 3 ... ( read original story ...)