No Gas Import from Singapore, PLN Says

TEMPO.CO, Jakarta - State power company PLN said it will not import gas from Singapore but will cooperate with Singaporean companies to build gas infrastructure. PLN business director for Central Java Amir Rosidin said the company and Singapore's Pavilion ... ( read original story ...)

AT&T Certifies an LTE for IoT Module by Sequans

and StreamliteLTE™, optimized for M2M devices and other LTE devices for the Internet of Things (IoT). Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan ... ( read original story ...)

Going cashless in Singapore challenging but not impossible

Fave, formerly known as deals website Groupon, launched mobile payments platform FavePay in Singapore and Malaysia last month. The app is focused on helping its close to 500,000 users find deals, but FavePay now allows them to make payments through the app ... ( read original story ...)

How StarHub can survive from its weakening mobile segment

OCBC said that StarHub still has substantial exposure to Singapore's mobile market, with around 55% of its service revenue derived from mobile business. "We believe the recent launch of unlimited data plans by Starhub and M1 is the result of the ... ( read original story ...)

How Singapore elected a president without a vote

Singapore (CNN)Singaporeans were meant to go to the polls at the end of next week to vote for a new president, but they'll no longer have the chance, with only one candidate qualifying for the race. Former Speaker of Parliament Halimah Yacob has emerged ... ( read original story ...)

Business sentiment dips in Q4, but outlook stays positive

SINGAPORE — Business sentiment among local companies remains upbeat, even as the Business Optimism Index (BOI) by the Singapore Commercial Credit Bureau (SCCB) fell for the final quarter of this year. Analysts cautioned that while the economic recovery ... ( read original story ...)

Peso to weaken next year – DBS

MANILA, Philippines — DBS Bank Ltd. of Singapore sees the peso weakening further to a range of 52.50 to 53.30 to $1 next year as the Philippines is set to book its first current account (CA) deficit in 15 years this year. In its Economics Markets ... ( read original story ...)

Only one candidate qualifies in Singapore presidential race

Singapore is likely to have its first female president, with only one candidate qualifying Monday for an election limited to members of the minority Malay community. The Elections Department said former Speaker of Parliament Halimah Yacob was the only one ... ( read original story ...)

Morgan Stanley: Home prices to rise by 8% in 2018

The optimistic outlook for the property market is partly due to the slew of en bloc deals since May 2017. Morgan Stanley has released the most bullish forecast for the Singapore housing market, expecting private home prices to increase by two percent this ... ( read original story ...)

UOB, HSBC lock horns with DBS on a mortgage fight in Singapore

Singapore's biggest banks have commenced competition in the area of mortgage loans, sparked by the offering of lower interest rate for a longer duration to attract a slew of home buyers who are starting to gain interest again in the residential market. ( read original story ...)

More Singapore banks offering 3-year fixed-rate mortgages

Four banks are now offering this type of mortgage following the recent drop in interest rates. In a bid to take advantage of Singapore’s recovering property market, four lenders here are now offering three-year fixed-rate home loans, reported the ... ( read original story ...)