Homes purchased by non-Singaporeans rose 63% in 2017, thanks to market recovery. Even if the New Futura (48 units sold out of 64 units) is the only major project launched so far in 2018, sales momentum has been surprisingly strong for a luxury residential ... ( read original story ...)
Australian property investors should not overlook Brisbane’s Brookhaven
Singapore may now be the biggest foreign investor in Australian property. And for investors who are keen to invest in Australian property but are unsure where to look, Brisbane is one city with good investment potential and relatively higher returns on ... ( read original story ...)
SINGAPORE FINTECH ASSOCIATION AND THE FINTECH ASSOCIATION OF JAPAN TO CULTIVATE FINTECH PARTNERSHIP
The organisation has also signed memorandums of understanding with institutions of higher learning in Singapore to support job creation at home and overseas. Here at Fintech Finance, we work with renowned executives in the industry to provide key decision ... ( read original story ...)
British Airways employee accused of raping senior flight attendant during stop in Singapore: report
A source for British Airways added to the Daily Mail that the airline sent a “replacement crew” to Singapore to staff the flight, and a manager to “manage the crisis.” The alleged incident follows news of a female American Airlines passenger who ... ( read original story ...)
Singapore factory output beats forecasts, concerns remain
According to trade agency International Enterprise Singapore, shipments of electronics fell 12.3% on year in February, declining for the third consecutive month after growing for most of 2017. Monday's data assuaged some concerns. "The manufacturing sector ... ( read original story ...)
UOB ventures into online travel marketplace business
SINGAPORE - United Overseas Bank (UOB) has launched an online travel platform that makes it easier for its customers to search, plan and book their holidays. Working with online travel giants Agoda and Expedia, UOB said that it is the first bank in South ... ( read original story ...)
Singapore could still thrive as regional LNG trading hub
The Energy Market Authority (EMA) has allowed companies to import spot LNG into Singapore from 2018, but total quantity is capped at 10% of Singapore’s long-term contracted pipeline gas and LNG supply. The terminal is also adding a Wobbe Index correction ... ( read original story ...)
UPDATE 1 -Singapore Feb factory output rises 8.9 pct, tops forecast
SINGAPORE, March 26 (Reuters) - Singapore’s industrial production in February rose more than expected from a year earlier due to a surge in electronics production, data showed on Monday. Manufacturing output rose 8.9 percent last month from a year ... ( read original story ...)
Singapore, Japan fintech associations to work on joint projects
According to the joint statement, the Financial Services Agency of Japan has updated its legislation to enable established banks and non-bank fintech companies to collaborate. In the same vein, the Monetary Authority of Singapore (MAS) established the ... ( read original story ...)
Singapore Fines a UK Bank and the US Imposes a Consent Order on a Chinese Bank: A Tale of Two Enforcement Actions
Less than a week apart, two major financial institutions (“FIs”) have been hit with penalties for failing to implement adequate anti-money laundering (“AML”) protections. But the penalties imposed by the involved regulators are different. ( read original story ...)
Nine heavy hitters who could land you a job at Citi in HK and Singapore
Gupte has been at the helm of the largest foreign bank by headcount in Singapore since 2016 when he took over from the retiring Michael Zink, and Rajesh Mehta (see below) assumed his former role as regional treasury and trade solutions head. Like many ... ( read original story ...)
Luxe up your business trips at Carlton Hotel Singapore
Take things up a notch on your business trip and stay at the ever-stylish Carlton Hotel Singapore In town for a work trip? Here’s why Carlton Hotel Singapore in Bras Basah is a highlight for business travellers Who says you can’t mix business with ... ( read original story ...)
Singapore Airlines takes delivery of 1st 787-10 Dreamliner built exclusively in North Charleston
Singapore Airlines took the first of 49 787-10s it eventually will buy during a nighttime event featuring Boeing and airline executives, local and state business leaders, Singapore's ambassador to the United States and thousands of Dreamliner campus employees. ( read original story ...)
Singapore pharma on recovery path after worst output in decades
SINGAPORE (Reuters) - Singapore's pharmaceuticals business, among the pillars of the city-state's manufacturing sector, is set to return to strength this year as big global drugmakers ramp up output and advance automation at their production sites across ... ( read original story ...)
POSB Bank picks TSLA to lead creative duties
POSB and parent company DBS Bank currently work with a panel of agencies for creative and digital duties. In addition to TSLA, other agencies on the panel include Tribal Worldwide Singapore and Water’s Edge. When contacted by Marketing, a POSB/DBS ... ( read original story ...)
What Can Wall Street Teach Singapore?
The Singapore stock market is finally beginning to get some love again, due largely to impressive global growth and reflation. According to Bloomberg, the city-state’s equity funds grew by some $2 billion in 2017, the highest annual inflows for more than ... ( read original story ...)