Singapore banks including UOB have been suffering from weakness in the offshore service and marine engineering industry. The fall in oil prices has hit demand for the industry, damaging some companies' ability to pay back debt. The situation seems to be ... ( read original story ...)
Largest Crude Oil Logistics Facility in U.S. Looks to Add Export Services
Until now, LOOP has used the facilities for imported oil activities, making the offering of crude oil vessel loading services for Very Large Crude Carriers (VLCCs) a first for exports at the ... Thailand to Singapore. Intertrac Vision Lite has been ... ( read original story ...)
IMF Executive Board Concludes 2017 Article IV Consultation with Singapore
Singapore’s economic growth momentum has improved since ... And while a cyclical upswing has lifted growth recently, it remains concentrated in the export-oriented sectors. The labor market has softened despite rising real wages in 2016, with ... ( read original story ...)
Oil prices hover near eight-week highs on lower U.S stocks
REUTERS/Stringer/File Photo SINGAPORE- Oil prices were sitting just below eight ... supported by news earlier in the week that Saudi Arabia plans to limit its crude exports to 6.6 million barrels per day (bpd) in August, about 1 million bpd below its ... ( read original story ...)
Local exporters urged to tap into African markets
... export market destinations and should reduce their dependency on the traditional export markets,” said Raphy after hosting a visit by a delegation from the Singapore Malay Chamber of Commerce and Industry (SMCCI). The delegation was on a two-day ... ( read original story ...)
Ericsson Gets Connected with Chelsea FC
... has also partnered with Singapore telco Singtel to offer the same Small Cell solutions to over 100 high-traffic locations in Singapore including MRT stations and shopping malls, so that Singtel users can enjoy seamless indoor 4G LTE data connectivity. ( read original story ...)
Indonesia seeks more investment from Singapore
The government is hoping to boost investment and trade ties with neighboring Singapore following a bilateral meeting on Friday. Indonesia and Singapore frequently held bilateral meetings at all levels of government, Coordinating Economic Minister Darmin ... ( read original story ...)
Glow-in-the-Dark Paths? Singapore Tests Out New Technology For Night Owls
Picture this: You’re taking a midnight stroll, but you’re not praying your phone’s battery doesn’t die. How is this possible, you ask? While the new technology is still in its beginning test phases, the people of Singapore are feeling pretty ... ( read original story ...)
A Look Inside Dover Street Market’s New Singapore Store
Tomorrow, July 29, Dover Street Market will open the doors to its new Singapore location. This in turn accounts for the fourth DSM space, following London, Ginza (Tokyo) and New York, in addition to one franchise operation in China. “As with all human ... ( read original story ...)
The Complete Singapore Coffee Festival Guide: 10 Things To Do In Kopi Wonderland This 4 – 6 Aug ’17
The Singapore Coffee Festival (SCF) is back again this year, bigger AND better at the Marina Bay Cruise Centre! If you missed it last year, make sure you get tickets early this time round. Brought to you by DBS and hosted by The Straits Times, prepare for ... ( read original story ...)
The Week Ahead: Can DBS Match OCBC and UOB
Can DBS Group (SGX: D05) outshine Oversea-Chinese Banking Corporation (SGX: O39) and United Overseas Bank (SGX: U11)? The two Singapore banks have set a high bar for DBS Group. Both banks reported strong lending figures for the second quarter. Last time ... ( read original story ...)
How Singapore’s central bank turns big data into smart data
A blog from Aaron Tan, Computer Weekly’s Asia-Pacific editor, analyzing the latest trends, issues and technology innovations in the APAC region. As a central bank, industry developer and regulator, the Monetary Authority of Singapore (MAS) relies on a ... ( read original story ...)
HNA Is Said to Seek More Banks for Delayed Singapore Trust IPO
(Bloomberg) -- HNA Commercial REIT is seeking to add arrangers to its planned Singapore initial public offering as Bank of America Corp. walks away from the deal, people with knowledge of the matter said. The property trust, backed by embattled Chinese ... ( read original story ...)
Coffee with a dash of sustainable living
Organised by The Straits Times, the Singapore Coffee Festival, now in its second edition, will also feature talks on eco-friendly cafes, sustainable coffee production and coffee conservation projects. Presenting sponsor DBS Bank will be hosting an area ... ( read original story ...)
Banks’ vital role in fighting financial crime
The MAS has said it is important for Singapore to work smarter in fighting financial crime in areas such as the banks' approach to their "Know Your Customer (KYC)" due diligence and through use of technology. Every bank needs to perform this for all its ... ( read original story ...)
Here’s why Credit Suisse has cut 40 bankers in Asia
http://news.efinancialcareers.com/sg-en/291058/chris-aba-jpmorgan-singapore/ Credit Suisse’s headcount of ... raises questions about whether the bank can now achieve its target, announced by CEO Tidjane Thiam in 2015, of having 800 RMs in APAC by the ... ( read original story ...)