Singapore warned eight cryptocurrency exchanges about their activities in the city-state as regulators around the world step up scrutiny of digital-asset trading. The platforms, which weren’t named, shouldn’t facilitate trading in tokens that are ... ( read original story ...)
HSBC Continues Hiring Spree for Asia Equities
Others joining the London-based bank in Hong Kong include Edman Wong from Citigroup and CLSA Ltd.’s Vivek Gandhi, who will be based in Singapore, the people added. The hires are part of a restructuring of HSBC’s global equities operation since Hossein ... ( read original story ...)
Singapore upgrades first-quarter GDP, 2018 outlook on resilient demand
“It shows that they’re a little bit confident going forward,” OCBC bank chief economist, Selena Ling said, adding that the revision is in line with Singapore’s central bank’s monetary policy change in April, when it tightened for the first time ... ( read original story ...)
Child Education in Singapore: How Much It Really Costs and How to Save On It
Because primary and secondary school is heavily subsidized for locals in Singapore, it is easy for parents to under-budget for education. However, this would be a mistake as school fee comprises only a small portion of the total cost of education. ( read original story ...)
India-Singapore Futures Fight a `Concern’ for MSCI’s CEO
(Bloomberg) -- The chief executive officer of MSCI Inc., one of the world’s biggest index compilers, said his firm is “concerned, quite a lot” about the dispute between exchanges in India and Singapore that threatens a popular offshore futures contract. ( read original story ...)
Singapore Posts Solid Growth to Start 2018 Amid Global Risks
Singapore’s economy remained on solid footing in the first quarter, with the government expressing more certainty of a steady pace in 2018 as global trade risks and tightening financial conditions allow for a patient monetary policy. Key Highlights Gross ... ( read original story ...)
Singapore Posts Solid First Quarter Growth on Manufacturing
Singapore’s economy grew at a faster pace in the first quarter than initially estimated, supported by a healthy manufacturing sector. Key Highlights Gross domestic product rose at a seasonally adjusted, annualized rate of 1.7 percent from the prior three ... ( read original story ...)
Go-Jek says to enter Vietnam, Thailand, Singapore, Philippines
SINGAPORE (Reuters) - Indonesian ride-hailing firm Go-Jek said on Thursday it will enter Vietnam, Thailand, Singapore and the Philippines within the next few months and invest $500 million in its international expansion strategy. The move into the four ... ( read original story ...)
7 High Tech Ways Singapore Is Becoming A Smart Nation Without Us Realising It
Plus, with the EZ-Link payment system being accepted at over 30,000 retail stores across Singapore, the band will also double up as a handy wallet. Technology is taking law enforcements to new heights - a height of 60m, to be exact. Image credit ... ( read original story ...)
Singapore Property Firm Switches Bets from China to Europe
Less than four years after its public offering as a play on China’s red-hot property market, Singapore’s First Sponsor Group Ltd. is banking on continental Europe to fuel earnings growth. “We expect growth predominantly to come from Europe, but will ... ( read original story ...)
In “cutthroat” Singapore, summer internships are no longer enough to get you a banking job
Singapore has a small and cutthroat job market for graduate investment banking jobs, so you have to keep up with your peers (i.e. other Singaporean business and finance students at both local and foreign universities) if you want to stay competitive. ( read original story ...)
U.N. Security Council approves North Korea travel to Singapore: diplomats
UNITED NATIONS (Reuters) - A United Nations Security Council committee on Wednesday approved the travel of North Korean officials to Singapore for a June 12 summit between U.S. President Donald Trump and North Korean leader Kim Jong Un and planning ... ( read original story ...)
Major Banks Pilot Successful Thailand-Singapore Blockchain Remittance
In an announcement on Tuesday, Thailand’s Bank of Ayudhya – commonly referred to as Krungsri – revealed a successful pilot test involving an international remittance from a domestic bank account to a Standard Chartered account in Singapore using its ... ( read original story ...)
Singapore no longer has the most powerful passport in the world – here’s the country taking the top spot
The Singapore passport is no longer the most powerful in the world, according to the latest Henley Passport Index. Japan now occupies the top spot and its passport can be used to travel visa-free to a record 189 destinations. Singapore is tied with Germany ... ( read original story ...)
Singapore April industrial output growth seen at 8.3 Percent year on year: Reuters poll
SINGAPORE (Reuters) - Singapore’s industrial production likely expanded at a faster pace in April compared with the year earlier, buoyed by an upward swing in pharmaceuticals output, a Reuters poll showed on Wednesday. A Reuters poll of 10 analysts ... ( read original story ...)
Fallen Singapore High-Flyer Starts Debt Restructure Process
a Singapore-based credit analyst at Oversea-Chinese Banking Corp. “We expect such investors to take a hit as their securities are subordinated.” Bloomberg News earlier reported that the group was planning to seek court protection to fend off creditors. ( read original story ...)