A floating rate is a home loan where the interest rate is pegged to the SIBOR or SOR. The SIBOR is the Singapore Interbank Offer Rate, what the SOR is the Swap Offer Rate. These are rates which are public knowledge so there’s a level of transparency. ( read original story ...)
The KrisFlyer UOB Account Has Enhanced Features, Is It Worth A Second Look?
That’s in addition to the miles earned for spend in both local and foreign currencies.You will also continue to earn interest for both Singapore Dollar and foreign currency balances. As a KrisFlyer UOB Debit Card and Account holder, it doesn’t hurt ... ( read original story ...)
Bangladesh, Singapore trade bodies sign 4 MoUs
Apex business organizations of Bangladesh and Singapore and government enterprises have signed four Memorandums of Understanding (MoUs) to foster their economic partnership in future, BSS reports. The instruments were signed on Tuesday following ... ( read original story ...)
Singapore is flexing its fintech muscles
By attracting regional fintech behemoths to list in its jurisdiction, besides becoming a hotbed for fintech activity, Singapore also stands to earn transaction fees, as well as spur business for local traders and analysts. BI Intelligence, Business Insider ... ( read original story ...)
Singapore will remain world’s top bunkering hub post 2020
“Singapore imports about 80% of fuel oil to meet its current bunkering demand. Going into 2020, this may rise to 85% or 90% or perhaps even more, but the country’s status as a trading hub will not change,” Beekhuis said. “Some volume may shift ... ( read original story ...)
Bangladeshi PM woos Singapore companies with economic and land incentives
KABUL: Bangladeshi Prime Minister Sheikh Hasina on Tuesday (March 13) went all out in her bid to woo Singapore companies to her fast-growing country, offering up as draws its booming economy, competitive workforce and liberal investment regime. As the ... ( read original story ...)
‘India soybean imports at record as domestic supply tightens’
Singapore: India’s soybean imports have hit a record high this year and more buying is expected as domestic supplies tighten following lower production last year, two trade sources said on Tuesday. Traders have signed deals to sell up to 100,000 tonnes ... ( read original story ...)
Singapore ‘working’ with UN on alleged N. Korea sanctions breach
Singapore said Tuesday it was "working closely" with the United Nations after a leaked draft report said two local firms sold luxury items to North Korea in violation of UN sanctions. The UN report, cited by the BBC, alleges that the two Singaporean ... ( read original story ...)
India soybean imports at record as domestic supply tightens: sources
SINGAPORE (Reuters) - India’s soybean imports have hit a record high this year and more buying is expected as domestic supplies tighten following lower production last year, two trade sources said on Tuesday. Traders have signed deals to sell up to ... ( read original story ...)
Soybean imports at record as domestic supply tightens: Sources
India's soybean imports have never previously approached 100,000 tonnes, the two sources said. SINGAPORE: Soybean imports have hit a record high this year and more buying is expected as domestic supplies tighten following lower production last year ... ( read original story ...)
India, China exports highly vulnerable to currency strength
“Policy makers will likely prefer to keep their currencies competitive relative to trade rivals,” said Henderson, an economist based in Singapore. Exports from India and China are the most likely to be harmed by currency strength-- or boosted by ... ( read original story ...)
How To Keep The Entrepreneurial Drive In A Growing Family Business
Marleen Dieleman is an associate professor of strategy and policy at the National University of Singapore (NUS) Business School. Economist Joseph Schumpeter famously identified owner-entrepreneurs as key enablers of economic development. But, once ... ( read original story ...)
Singapore is the smartest city in the world: study
Singapore is the best performing smart city globally ahead of London, New York, San Francisco, and Seoul, according to a study by technology company Juniper Research. The concept of smart city involves the use of IoT technologies such as connected sensors ... ( read original story ...)
Bangladesh signs MoUs on air service and public private partnership with Singapore
with Singapore being its third import partner. It is also the fourth largest investor in Bangladesh with net cumulative investments of about $760 million. Singapore companies such as Fish & Co, Sushi Tei and TransferTo have presence in the market. ( read original story ...)
India, China exports most at risk from currency strength in Asia
An analysis by Bloomberg Economics’ Tamara Henderson shows the historical link between exports and exchange rates was the highest in India in the decade through 2017, followed by China, Malaysia and Japan. Singapore was a notable outlier — exports ... ( read original story ...)
Standard Chartered hires new Singapore MD after five months at rival bank
This managing director spent just five months at a Swiss bank before being hired by Standard Chartered in Singapore. https://news.efinancialcareers.com/sg-en/298817/mo-choudhury-standard-chartered/ Standard Chartered has recruited a new managing director ... ( read original story ...)