As Amazon.com Inc. pushes into Southeast Asia with a new venture into Singapore, the online retailer is facing some tough hurdles. Shopping in air-conditioned malls is practically a national sport, and e-commerce rivals moved in long ago. Delivery delays ... ( read original story ...)
FAMA: Fresh fruit exports to grow to over RM700m this year
Badruddin said the export value of durian to China was projected to increase to RM23.4 million this year compared with RM18.02 million last year. Besides China, he said FAMA also exported durians to Singapore, Hong Kong, Indonesia, Australia ... ( read original story ...)
Indonesia says investigating StanChart $1.4 billion transfer to Singapore
A source familiar with the matter said late last week, confirming news reports, that the Monetary Authority of Singapore (MAS) and Guernsey’s Financial Services Commission were looking into that movement of assets in late 2015 - months before the Channel ... ( read original story ...)
OCBC, StarHub ink first bank-telco deal in Singapore
Finance Goliath OCBC Bank and telco giant StarHub announced that they will be investing S$6 million over the next year to establish partnerships in several industries and to boost better services and offerings for their customers. Marking the formation of ... ( read original story ...)
Renewed interest in Careers in Banking & Financial Services Among Local Millennials
Banking & Financial Services ... Managing Director of CareerBuilder Singapore. Other survey findings include: Prominent scholarship providers such as the Public Service Commission, the National University of Singapore and Nanyang Technology remains ... ( read original story ...)
OCBC Bank, StarHub form strategic partnership for tie-ups across multiple industries
SINGAPORE - OCBC Bank and infocommunications firm StarHub are investing S$6 million over 12 months "to build networks of partnerships across multiple industries and give customers better services, experiences and offers". OCBC group chief executive Samuel ... ( read original story ...)
StarHub, OCBC Bank invest $4.4M to link industries
Singapore’s second largest mobile operator StarHub and OCBC Bank formed a strategic alliance to drive the country’s collaborative economy, with plans to invest SGD6 million ($4.4 million) over 12 months to build networks of partnerships across multiple ... ( read original story ...)
Singapore stocks pause after logging best week in nine months
Singapore stocks edged lower on Monday as investors took a ... It ended 0.9 percent higher on Friday, taking the year-to-date performance to about 14 percent. United Overseas Bank gained 1.5 percent, Overseas-Chinese Banking Corp gained 0.1 percent and ... ( read original story ...)
Suspicion mounts over $1.4 billion transfer
Bloomberg first reported that regulators in Europe and Asia were investigating Standard Chartered over the role staff may have played in transferring $1.4 billion of private bank client assets from Guernsey to Singapore before new tax transparency rules ... ( read original story ...)
These 3 Stocks Received Maintained Buy Calls From Local Research Houses
Moreover, MBKE looks at GuocoLand as a proxy for the Singapore market. Maybank Kim Eng Research gives ... of 1.5% quarter-on-quarter and net interest margin increased to 1.66%, UOB Kay Hian Research (UOBKH) expects total fees and commissions to increase ... ( read original story ...)
DBS sees more policy fine-tuning from government in weeks ahead
SINGAPORE: The Development Bank of Singapore (DBS) expects policy fine-tuning from the Indian government -- on the lines of the Goods and Services Tax (GST) -- in coming weeks. According to DBS, incoming high-frequency data are likely to improve. ( read original story ...)
DBS sees more policy fine-tuning from govt in weeks ahead
The index of industrial production for August -- due this week -- is poised to extend gains from July's 1.2 percent, said DBS in its daily economic report on Monday. Singapore: The Development Bank of Singapore (DBS) expects policy fine-tuning from the ... ( read original story ...)
Sky Seven and ST Electronics sign agreement for aviation training
Muscat: A memorandum of understanding (MOU) was signed between Oman-based Sky Seven and ST Electronics (Training & Simulation Systems) of Singapore. The agreement is aimed to promote a virtual aerodrome laboratory (VAL), a simulation-based learning ... ( read original story ...)
Singapore venture capital firm raises $210 million to invest in regional start-ups
Vertex Ventures, which calls itself Singapore's largest venture capital firm ... of $150 million Vertex plans to continue its strategy of investing in early-stage technology companies in Southeast Asia and India across enterprise technology, financial ... ( read original story ...)
OCBC, StarHub partner to invest S$6 mil in research and technology
SINGAPORE (Oct 9): OCBC bank and StarHub have announced a ... The two companies will each invest S$3 million in research and technology over the next 12 months, with a focus on artificial intelligence (AI) and connected homes... (Click here to read the ... ( read original story ...)
Keppel acquires 50% stake in manager of upcoming US IPO
Keppel Corporation Limited acquired 50% of Keppel-KBS US REIT Management Pte Ltd (Keppel-KBS US REIT Manager), the manager of the pending initial public offering (IPO) of Keppel-KBS US REIT in the Singapore Exchange (SGX). According to a press release ... ( read original story ...)