SINGAPORE (Reuters) - DBS Group Holdings (DBSM.SI), Singapore’s biggest lender, said on Thursday it expects an improving interest rate environment to lift net interest margins this year, as it reported a 33 percent increase in quarterly profit, matching ... ( read original story ...)
Singapore Morning News For February 8
Hong Kong’s financial sector is becoming more tangled with mainland China, prompting more and more of China’s rich to turn to Singapore, said Bloomberg. China and Singapore agreed on Monday to deepen military-to-military ties, during a meeting between ... ( read original story ...)
Mobile commerce, in-store tech drive Asian retail in 2018
SINGAPORE: Mobile commerce and in-store technology integration are two of the trends set to shape retail in Asia for 2018, as the region’s shoppers embrace shopping via smartphone. The shopping habits of consumers in Asia are markedly different from ... ( read original story ...)
Colombian embassy condemns Singapore bar named after drug lord
A bar named after Colombian drug lord Pablo Escobar found itself in a tricky situation after the Embassy of Colombia in Singapore and the Central Narcotics Bureau (CNB) took issue with its theme. The embassy confirmed that it had sent an official note to ... ( read original story ...)
IATA Expands Presence in Singapore
Singapore – The International Air Transport Association ... You can follow us at http://twitter.com/iata2press for news specially catered for the media. ( read original story ...)
Bank of Singapore eyes expansion Dubai as assets jump
The private banking arm of Singapore's second-biggest lender, OCBC, aims to add around 25 relationship managers to its Dubai office by 2020 as it targets more business from non-resident Indians and wealthy Middle East clients, a senior executive told Reuters. ( read original story ...)
Singapore startup 3PlayGrounds makes group travel more ‘social’, acquired 20K users without marketing spend
Shortly afterwards, I ran into 3PlayGrounds’ future Co-founder Chong Lee Ling, who previously worked at CitiBank’s Infrastructure department for 17 years, at a networking event here in Singapore, and heard her idea and went “oh shit this is going to ... ( read original story ...)
Influence Chain launches in Singapore, triggering more enthusiasm in Blockchain Technology
SINGAPORE, Feb. 7, 2018 /PRNewswire/ -- The grand opening of Influence Chain Asia-Pacific Operation Center in Singapore was held on 4 th Feb afternoon, at Mastercard Theatre, Marina Bay Sands. A group of shining stars from China and Southeast Asian ... ( read original story ...)
Pilot injured as S. Korean jet catches fire at Singapore Airshow
A pilot was slightly injured when a South Korean aircraft taking part in the Singapore Airshow skidded off the runway and caught fire Tuesday while taking off, authorities said. The Civil Aviation Authority of Singapore (CAAS) said the aircraft from the ... ( read original story ...)
ASEAN Hopes to Expedite Code of Conduct on South China Sea: Singapore
SINGAPORE — The Association of Southeast Asian Nations is hoping to expedite negotiations on a code of conduct with China for the disputed South China Sea but it isn't realistic to expect an agreement within a year, Singapore's defense minister said on ... ( read original story ...)
Boeing announces over $900 million in orders at Singapore
SINGAPORE — Boeing announced more than $900 million in orders on Tuesday at the Singapore Airshow from companies in the region and beyond. “Predicted growth for aerospace services in the Asia-Pacific brings opportunities to partner with local industry ... ( read original story ...)
Surprising Things About Singapore Property Auctions
This article first appeared on Frugal In Singapore. When most people hear the word “auction”, they think “distressed sale”. In many other parts of the world, this is mostly true. Although I own a few things from distressed sales and have bid in ... ( read original story ...)
Singapore Government still studying e-commerce tax: Indranee Rajah
SINGAPORE - With under two weeks to go till the Budget speech on Feb 19, the government is still studying the implementation of an e-commerce tax, Senior Minister of State for Law and Finance Indranee Rajah said on Wednesday (Feb 7) morning. "It's ... ( read original story ...)
Commerzbank runs into compliance trouble in Singapore
Singaporean authorities are close on Commerzbank’s heels. Source: AP Commerzbank has run into compliance trouble in Singapore, where officials have warned Germany’s second-largest bank that it didn’t check customers carefully enough under “Know ... ( read original story ...)
Singapore’s Deputy Prime Minister: ‘No Strong Case to Ban Cryptocurrency Trading’
The Monetary Authority of Singapore (MAS) has been closely studying these developments and the potential risks they pose. As of now, there is no strong case to ban cryptocurrency trading here. This will, no doubt, be positive news for the digital currency ... ( read original story ...)
Singapore Airlines works on blockchain-based mobile loyalty app
Singapore Airlines announced Monday that it's working on what it calls the world's first blockchain-based airline loyalty digital wallet that will help unlock the value of frequent flyer miles to enable everyday spending at retail partners. "Innovation ... ( read original story ...)