OCBC’s earnings show some soft spots, stock takes a hit

An hour before the end of trade in Singapore, OCBC shares were down 3.6%, contrary to the trend in the other bank stocks on the Singapore Exchange. In all, Singapore's second-largest bank reported net profit of S$1.11 billion ($831 million) for the first ... ( read original story ...)

Singapore Personal Finance Management Platform Get Acquired

Seedly, the personal finance management platform based in Singapore, is joining forces with ShopBack, the one-stop lifestyle portal of Singapore. This is the Cashback e-Commerce startup’s first acquisition after its USD40M funding announcement in ... ( read original story ...)

The Best Credit Card Sign-up Promotions in Singapore 2018

Citibank credit cards $100 CapitaVouchers (MoneySmart exclusive) + up to $120 cashback New to Citibank credit cards Sign up through MoneySmart (for vouchers, expires 31 May 2018) Min. spend $200 every month x 6 months (for cashback, expires 30 Jun 2018 ... ( read original story ...)

Property: 3 (legal) ways to avoid paying ABSD

In Singapore, all property purchases are charged Buyer’s Stamp Duty (BSD), calculated at 1% on the first $180,000, 2% on the second $180,000, and 3% on the rest of the property’s cost. But in December 2011, the Government implemented the ... ( read original story ...)

3 in 10 bosses could pay bribes to win business

Despite regulators and law enforcement agencies around the world imposing more than US$11b of financial penalties since 2012, 10% of Singapore executives still believe bribery and corrupt practices remain prevalent in business, EY revealed in a report. ( read original story ...)

Singapore as a governance model

Half a century ago when Singapore was granted its independence in 1965, no one could have predicted accurately that today it would be ranked as the third-most competitive economy by the World Economic Forum and termed as a high-income economy with superior ... ( read original story ...)

Singapore: The next chapter

In her inaugural address to Parliament yesterday, President Halimah Yacob focused on the challenges and priorities of a new generation of leaders as they and fellow Singaporeans undertake a new phase of nation building. Here is her address. In January 2016 ... ( read original story ...)

USDA funds major seafood export push into Vietnam

has agreed to provide $196,000 to Food Exports USA-Northeast, the Alaska Seafood Marketing Institute (ASMI) and four other organizations to cover the cost of a trade mission this year to Ho Chin Minh City, promote products to Singapore and Thailand ... ( read original story ...)