SINGAPORE (April 5): Maybank Kim Eng expects Singapore’s central bank to normalise and shift to a “slight appreciation bias” for the S$NEER band from its current neutral stance, which has been in place since April 2016. This comes prior to the MAS ... ( read original story ...)
Venture boss trumps bank CEOs with $12m pay cheque
Chairman and chief executive Wong Ngit Liong's remuneration package - not counting share-based payments - easily trumped the $5.5 million he reaped in 2016 and comfortably eclipsed what Singapore's ... while United Overseas Bank CEO Wee Ee Cheong saw ... ( read original story ...)
UPDATE 1-Four marine refuelling barges seized in Singapore over unpaid debt – source
Vessels seized on behalf of Maybank for unpaid debts - source (Updates to add responses from law firm, bank in 4th paragraph) SINGAPORE, April 5 (Reuters) - Four marine refuelling barges owned and operated by Vermont UM Shipping Pte Ltd were seized in ... ( read original story ...)
5 Things To Know Before Buying a Second Property In Singapore
For a start, here are 5 things you need to cover before you buy your second property in Singapore: 1) Your eligibility to buy ... taken from HDB or banks to purchase HDB flats, the monthly mortgage repayment instalment cannot exceed 30% of a borrower ... ( read original story ...)
UN’s top court to revisit Malaysia’s dispute with Singapore over island’s sovereignty
After years of failed negotiations, the parties turned to the court, which in 2008 ruled the island belonged to Singapore. Another rocky outcrop called Middle Rocks was found to belong to Malaysia, while a low-tide bank called South Ledge was deemed to ... ( read original story ...)
16 Singapore banking jobs that pay $10k a month after just three years
You want a S$10k monthly salary by the time you’re an associate. These are the Singapore banking jobs where that’s possible. https://news.efinancialcareers.com/sg-en/278229/beware-sg-hk-banking-recruiters/ You’re an intern or analyst in Singapore ... ( read original story ...)
PM Lee calls for ‘reimagining of Singapore’
Good design involves not just the hardware aspects of engineering and architecture, or the application of technology, but needs a deep understanding of the softer aspects of how individuals behave and how society works, he added. Singapore should also ... ( read original story ...)
Singapore police say no threat to plane that doubled back after bomb alert
SINGAPORE (Reuters) - Two Singapore fighter jets escorted a civilian plane bound for Thailand safely back to the city-state on Thursday after a bomb threat by a passenger that turned out to be a false alarm. After searching the plane and the baggage of the ... ( read original story ...)
DBS targets 30% fewer corporate cheque payments by 2020
SINGAPORE - DBS Bank announced on Thursday (April 5) it will help its corporate clients reduce their cheque use by 30 per cent from current levels within the next two years, in a bid to help them keep pace with the increasing popularity of digital payments ... ( read original story ...)
Micron’s new plant to add 1,000 new jobs in Singapore
Industrial giant Micron Technology started the construction of its new “multibillion-dollar” cleanroom space in Singapore to continue its 3D NAND technology transitions and expand research capabilities for its existing NAND manufacturing complex. ( read original story ...)
SGX Research: Singapore’s IT Sector Continued to Expand in 1Q18
Information Technology (IT) was the best performing of Singapore’s Sectors in 1Q18. The IT Sector generated a capitalisation weighted 1.0% total return in March, taking its 1Q18 total return to 33%. Venture is the largest capitalised stock of Singapore ... ( read original story ...)
Iranian Hackers Allegedly Attacked 4 Singapore Universities
Singapore Management University and Singapore University of Technology and Design, according to a joint statement by the Cyber Security Agency of Singapore and Ministry of Education. Details of when the attack took place are still not known. Nine Iranian ... ( read original story ...)
52 staff accounts at four Singapore universities breached by Iranian hackers
and Singapore University of Technology and Design (SUTD), said the Cyber Security Agency (CSA) of Singapore and Ministry of Education (MOE) in a joint statement on Tuesday (April 3). The nine Iranians allegedly responsible for the attacks have been charged ... ( read original story ...)
Broadcom returns to US from Singapore
The move was approved by shareholders on March 23 and then endorsed by the High Court of the Republic of Singapore on April 2. Semi-conductor manufacturer Broadcom, which recently failed in a bid to buy US rival Qualcomm, has transferred its headquarters ... ( read original story ...)
Why Singapore’s Central Bank Has No Key Rate
Singapore monetary policy can sound a little back-to-front. While for most countries tighter policy equates to higher borrowing costs, it’s not necessarily the case for the Asian city-state, where interest rates can rise when the central bank is ... ( read original story ...)
Iranian hackers breach Singapore universities to access research data
and Singapore University of Technology and Design, according to a joint statement Tuesday by Cyber Security Agency of Singapore (CSA) and Ministry of Education (MOE). The government agencies said they learnt of the breach last week. Singapore university ... ( read original story ...)