This will push net interest income to grow 8%. Following a strong net interest income in the past quarter, Singapore big bank UOB is expected to grow loans by 4.5% yearly. According to RHB analyst Leng Seng Choon, this will come as net interest margin ... ( read original story ...)
ANZ migration to DBS on track for full completion by early 2018
ANZ's wealth management and retail banking business in Singapore was migrated across to DBS Bank over the weekend, said the Singapore lender yesterday. The process involved transferring ANZ customer databases to DBS while staff moved their belongings to ... ( read original story ...)
RPT-China buyers resell soybeans as crushers lose cash, glut grows – traders
Eight cargoes would be equal to 520,000 tonnes of soybeans, worth around $210 million, based on June customs data. Sunrise and Sanwei, however, resold the cargoes at much below market rates, said the Singapore-based trader, who works for a global trading ... ( read original story ...)
Singtel announces NB-IoT and Cat-M1 network rollout
In July, Singtel then began its LTE-A rollout on Orchard Road ... Ericsson and Singtel have additionally been working on a "blueprint" for 5G deployment across Singapore since January 2015, and completed a live trial of License Assisted Access (LAA ... ( read original story ...)
Singtel starts Massive MIMO LTE-A upgrade
on Singtel’s LTE-A network in the Marina Bay area. The operator appears to have set a tight deadline for the work, with plans to provide the enhanced data rates in time for Singapore’s National Day on 9 August. Singtel Group CTO Mark Chong said the ... ( read original story ...)
Askey Computer Selects Sequans’ LTE-Advanced Chipset to Design Broadband Wireless Access Devices
PARIS--(BUSINESS WIRE)--LTE chipmaker Sequans Communications S.A. (NYSE ... United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans ... ( read original story ...)
Singtel announces low-powered IoT network
Singtel said its cellular IoT over CAT-M1 network will also enable businesses to make voice over LTE calls in future ... it paves the way for IoT adoption as Singapore advances towards becoming a Smart Nation. We welcome businesses to be part of the ... ( read original story ...)
Chinese Gas Sellers Sidestep State Giants to Exploit Demand Surge
New import facilities developed by firms including Guanghui Energy ... their widespread distribution networks,” said Maggie Kuang, an analyst with BNEF in Singapore. China’s LNG demand will expand by 5 million to 6 million tons annually over the ... ( read original story ...)
Correction: LongFin Launches IPO Via Jobs Act Regulation A+ with Sights Set on NASDAQ Listing
New York City, Aug. 07, 2017 (GLOBE NEWSWIRE) -- LongFin Launches IPO Via Jobs Act Regulation A+ with Sights ... LongFin has acquired 100% of Stampede Tradex Pte Ltd, a Singapore based FinTech Company, post-acquisition LongFin is the parent company of ... ( read original story ...)
Expensive new recruits push up pay at Singapore banks
Singapore’s three local banks, led by OCBC, are becoming better paymasters. http://news.efinancialcareers.com/sg-en/291440/asian-bankers-dont-fear-robots/ Singapore’s three local banks, led by OCBC, are becoming better paymasters as more wealth ... ( read original story ...)
Genting Singapore, gov’t brainstorms on new Tourism strategy
The company may have seen a profit turnaround in the second quarter of the year but casino operator Genting Singapore remains cautious on its outlook. Part of the worry of Genting is whether Singapore may be able to sustain the robust figures of foreign ... ( read original story ...)
Pro-Beijing professor expelled from Singapore for being ‘agent’ of foreign power
Singapore expelled prominent Chinese-born American professor Huang Jing, according to a vaguely worded statement from the Ministry of Home Affairs It may be the first time the city-state has taken such a step in decades Singapore alleged Huang Jing ... ( read original story ...)
Singaporean firms eye e-commerce
Vietnam’s bustling e-commerce market is drawing more attention from Singaporean firms and startups. Shopee, a Singapore-based mobile marketplace startup, has expanded its operations in Vietnam under the support of Sea – formerly known as Garena ... ( read original story ...)
Prosecutors seek 12-year sentence for Samsung chief
The request for harsh punishment comes amid growing doubts as to whether Mr Lee’s presence at Samsung Electronics, the group’s crown ... professor at the National University of Singapore. ( read original story ...)
Asian Shares Rise After Solid US Jobs Data
Samsung Electronics shares ended little changed despite prosecutors ... Elsewhere, Indian shares were marginally lower in lackluster trade and Singapore's Straits Times index was moving down 0.3 percent while benchmark indexes in Indonesia and Malaysia ... ( read original story ...)
Bluetooth Smart and Smart Ready Market Worth 5.34 Billion USD by 2023, at a CAGR of 2.23%
Consumer electronics was the largest application segment in terms ... 42375512.html Major players in this market include Qualcomm Inc. (US), Broadcom Corporation (Singapore), Cypress Semiconductor Corporation (US), Dialog Semiconductor PLC (UK), Marvell ... ( read original story ...)