SINGAPORE — Executives from international property developer Lendlease and community leaders became “chefs” for a while on Thursday (June 1), during a cook-out at Paya Lebar Quarter. They were preparing food and serving migrant workers as a gesture ... ( read original story ...)
OCBC rolls out standalone mobile payments app
It will make QR code payments available to 2,500 NETS terminals. Singapore banking giant is furthering its cashless payment service with the launch of its first standalone app dubbed as OCBC Pay Anyone. This app makes QR code cashless payments available at ... ( read original story ...)
DBS Bank to help some Misa Travel customers keep travel plans
SINGAPORE — DBS Bank is working with Cathay Pacific airline to help hundreds of customers left in the lurch following the sudden closure of Misa Travel. The bank had a tie-up with the travel agency — whose licence was revoked on Tuesday (May 30 ... ( read original story ...)
Singapore Airlines’ A350 flights to Stockholm commence
In January, it began flying the aircraft to Manchester as part of a wider route between Singapore and Houston. Meanwhile earlier this month the airline confirmed to Business Traveller Asia-Pacific that it would be launching a supplementary non-stop A350 ... ( read original story ...)
Overview of Singapore: Republic of New
Over the years, Singapore has become a cultural melting pot, attracting travellers from across the world. Impeccable perfection and attention to detail showcased in every aspect make it an inviting destination for business travel as well. In 2015 alone ... ( read original story ...)
Why Singapore casinos can’t collect from China’s high rollers
Beijing’s crackdown on capital flight is also expected to cast an impact on the gambling business in the Lion City. Singapore’s two gambling resorts, the Marina Bay Sands – owned by the Las Vegas Sands Corporation – and locally-owned Resorts World ... ( read original story ...)
Singapore Morning News For June 1
Moody’s Investors Service has upgraded its outlook to stable from negative for Singapore’s banking system, in a research report released yesterday. Bank of Singapore, which recently broke into the ranks of Asia’s top 10 private banks, intends to keep ... ( read original story ...)
Are Singapore Stocks Expensive Or Cheap Currently?
The logic follows that if a large number of net-net stocks can be found in Singapore’s market at a certain point in time, then stocks would likely be really cheap at that moment. Here’s a chart showing how the net-net stock count in Singapore has ... ( read original story ...)
Singapore Fines Credit Suisse, UOB After 1MDB Probe (Correct)
(Bloomberg) -- Singapore fined Credit Suisse Group AG and United Overseas Bank Ltd. a total of S$1.6 million ($1.2 million) as regulators completed a two-year review of banks involved in fund flows linked to 1Malaysia Development Bhd., or 1MDB. Credit ... ( read original story ...)
Singapore Shares May Turn Lower Again
(RTTNews.com) - The Singapore stock market on Wednesday snapped the three-day slide in which it had fallen lower in three straight trading days, slipping more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,210-point plateau ... ( read original story ...)
Moody’s revises outlook for Singapore banks to stable
SINGAPORE — Moody’s Investors Service has upgraded its outlook to stable from negative for Singapore’s banking system, in a research report released yesterday. The change in outlook reflects improving growth conditions and stabilising commodity ... ( read original story ...)
Bank of Singapore to keep hiring in hunt for growth, CEO says
SINGAPORE — Bank of Singapore, which recently broke into the ranks of Asia’s top 10 private banks, intends to keep hiring more relationship managers and focus on serving a wealthier bracket of customers to keep expanding its assets under management. ( read original story ...)
HSBC Holdings markets Singapore dollar AT1 bonds at 5% area
SINGAPORE, June 1 (IFR) - HSBC Holdings is marketing its first Singapore dollar Additional Tier 1 issue with yield guidance in the 5 percent area. The bank is seeking a benchmark size for the Reg S perpetual non-call five contingent convertible securities. ( read original story ...)
What’s free and what’s not at DBS Marina Regatta 2017
DBS says prices of food items top out at $15, so be sure to eat your fill. 3. Play Dome: $15 per entry Partygoers (above 18 years old) may want to join an exclusive countdown party to ULTRA Singapore on the nights of June 2-3 from 7pm-10pm, featuring ... ( read original story ...)
Correction: Fitch Rates DBS Series 3 EUR750m Covered Bonds ‘AAA’
DBS BESPOKE COVERED BOND RATING CRITERIA Fitch has used the ... House Price Assumptions: Fitch reviewed historical house-price movements in Singapore, determining that the largest house-value declines occurred during the Asian financial crisis in 1998-1999. ( read original story ...)
Singapore ‘most digitally competitive’
Singapore is now the world's most digitally competitive country, according to an inaugural World Digital Competitiveness ranking by Swiss business school IMD. The new ranking released this week measures a country's ability to adopt digital technologies ... ( read original story ...)