SINGAPORE, Aug 4 (Reuters) - DBS Group Holdings, Singapore's biggest lender, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth. DBS, the last local bank to post results ... ( read original story ...)
UPDATE 1-Singapore’s DBS Q2 profit up 8.5 pct on loan growth, flags pressures on asset quality
SINGAPORE, Aug 4 (Reuters) - Singapore's biggest lender, DBS Group Holdings, reported an 8.5 percent increase in quarterly profit that came in line with market expectations, boosted by strong loan growth, but the bank flagged pressures on asset quality. ( read original story ...)
Uber Knowingly Rented Dangerous Honda Vezels to Singapore Drivers even after One Caught Fire
Uber knew there was an overheating problem with the Honda Vezels they were importing to Singapore to lease to private-hire drivers, but they simply threw caution to the wind. Even when one of the Honda Vezels caught fire, Uber executives simply hushed up ... ( read original story ...)
97 smuggled star tortoises to return home
These animals were smuggled to Singapore around six months ago. Customs officials in Singapore, however, seized and sent these endangered species to Animal Concerns and Research Education Society (Acres) there. Wildlife SOS and the Karnataka Forest ... ( read original story ...)
Iran’s oil exports to China to rise to 11-month high in August – loadings
TOKYO/SINGAPORE, Aug 3 (Reuters) - Iran's oil exports to China may rise to the highest in 11 months in August as demand for heavier Iranian crude increased after the country cut its prices, two sources with knowledge of the matter said on Thursday. ( read original story ...)
Growth in S’pore private sector edges up
Growth in Singapore's private sector picked up last month although ... but at a pace that is below the average seen so far this year. This was despite new export sales increasing at the strongest pace since the survey started nearly five years ago, buoyed ... ( read original story ...)
Man fined for smuggling ivory products into Singapore
A 33-year-old Vietnamese national, Do Trong Hoang, was fined $10,000 on Wednesday (Aug 2) for smuggling ivory products into Singapore, the Agri-Food ... AVA warned that it is an offence to illegally import/export, possess, sell, offer/advertise for ... ( read original story ...)
Singapore Area Coordinator receives electric powered vehicles in an effort to reduce carbon emissions
Singapore Area Coordinator (SAC ... utilizing green energy helps reduce dependence on foreign imports like oil. By utilizing more green energy sources, military installations worldwide can dramatically reduce their need to spend money importing coal ... ( read original story ...)
NFA awards 250K-MT rice imports
has officially awarded import rights to six Southeast Asian bidders for the 250,000 metric tons (MT) of rice to boost the country’s dwindling buffer stock. NFA said it has issued notice of award to the four companies from Vietnam, one from Singapore and ... ( read original story ...)
UPDATE 1-Iran’s oil exports to China to rise to 11-month high in August – loadings
TOKYO/SINGAPORE, Aug 3 (Reuters ... and falling Latin American output have tightened heavy crude supplies. Chinese buyers are also importing more Middle East crude as the Dubai price benchmark has weakened against Brent, a second source said. ( read original story ...)
Bowlers to simulate oily conditions
Philippine bowling team head coach Paeng Nepomuceno said he hopes it’s not stuck in some Customs warehouse ... At the previous SEA Games in Singapore, the Philippines brought home only two bowling medals – a bronze in the women’s trios with Posadas ... ( read original story ...)
Indonesia Seeks Chevron, Conoco Proposals in Investment Push
The government has invited Exxon Mobil Corp. to set up a new refinery or explore the possibility of relocating a unit from Singapore to tap into the growing ... Indonesia may need to import half of its annual fuel needs even after increasing its refining ... ( read original story ...)
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Singapore Authorities Clarify Regulatory Position On ICOs – Securities in Some Cases – Following SEC Lead
in Singapore as a means of raising funds. Richard Kastelein is the Founder, Publisher and Editor in Chief of industry leading online publication, Blockchain News, partner of token design and ICO architecture company Cryptoassets Design Group and co-founder ... ( read original story ...)
Singapore Morning News For August 3
Singapore’s manufacturing sector expanded for the 11th straight month in July, according to data released by Singapore Institute of Purchasing and Materials Management (SIPMM) on Wednesday (Aug 2). THE EntrePass scheme – a work visa for foreign ... ( read original story ...)