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Month: July 2018

Posted on 31/07/2018

The Monthly Nibble: Stock Market Correction and Blue-Chips

1. Singapore’s Stock Market Correction is Here: What Investors Should Do Now Earlier this month, the Singapore stock market took a beating due to the additional property cooling measures announced by ... ( read original story ...)

Posted on 31/07/2018

Singapore shoppers take 820 million plastic bags from supermarkets each year: Study

SINGAPORE: Shoppers in Singapore take 820 million plastic bags from supermarkets each year – an average of 146 plastic bags for each person, a study commissioned by the Singapore Environment Council ( ... ( read original story ...)

Posted on 31/07/2018

Singapore among top spenders for smart cities technology

Governments around the world are spending big-time on smart city initiatives and that investment will grow substantially over the coming years. And much of the smart city boom is happening in Southeas... ( read original story ...)

Posted on 31/07/2018

Asia’s biggest HR and Technology Conference unveiled

This two-day conference and expo, focused on the confluence of HR and technology, is dedicated to the vital role that HR teams play across Asia-Pacific organisations today. Held in Singapore on May 8 ... ( read original story ...)

Posted on 31/07/2018

Standard Chartered : StanChart profit jumps 34 percent as restructuring pays off

HONG KONG/LONDON (Reuters) - Standard Chartered Plc reported a 34 percent rise in pretax ... North Asia as well as ASEAN and South Asia divisions mainly in Hong Kong and Singapore. The bank said in Ju... ( read original story ...)

Posted on 31/07/2018

Billionaire Li’s FWD Said to Mull Singapore Dual-Class IPO

Hong Kong billionaire Richard Li’s FWD Group is considering listing in Singapore with a dual-class structure, as the insurer moves ahead with its initial public offering preparations, people with know... ( read original story ...)

Posted on 31/07/2018

Singapore bank lending in June grows at fastest pace in 7 months

SINGAPORE - Bank lending in Singapore rose at its fastest pace from a year ago since November, driven by a sharp increase in business loans, preliminary data from the Monetary Authority of Singapore s... ( read original story ...)

Posted on 31/07/2018

Singapore bank aims to speed up car financing via online marketplace

United Overseas Bank (UOB) is offering an online financing service via e-marketplace Carousell, with the aim to speed up the application process for car loans. Available to car buyers at seven dealers... ( read original story ...)

Posted on 31/07/2018

Property curbs prompting developers, especially smaller players, to rethink strategy: Experts

SINGAPORE: The halting of an en bloc purchase by Tee Land reflects the turn in sentiment among property developers in Singapore who have begun redoing their sums on the back of the latest cooling meas... ( read original story ...)

Posted on 31/07/2018

Vietnam among top 3 regional destinations for Singapore companies: HSBC study

Vietnam is among the top three investment destinations in Southeast Asia for Singapore-based companies in the next two years, according to the latest HSBC study. The Viet Nam-Singapore Industrial Park ... ( read original story ...)

Posted on 31/07/2018

UOB partners seven car dealerships and Carousell for car financing solution

United Overseas Bank (UOB) has partnered with seven car dealerships and Carousell, to launch a car ecosystem to provide fully-digital financial solutions for car buyers. The seven car dealerships incl... ( read original story ...)

Posted on 31/07/2018

Name-and-Shame Approach Puts More Women on Singapore Boards

Singapore lags most financial hubs when it comes to gender diversity on corporate boards, so much so that a government-backed group has started calling out companies with no female directors. The stra... ( read original story ...)

Posted on 31/07/2018

Singapore Idol Hady Mirza arrested for suspected drug offences

SINGAPORE - From Singapore Idol to entrepreneur to Grab driver. Hady Mirza, whose voice captivated local audiences in 2006, was also reportedly involved in youth work in 2013, having co-founded local ... ( read original story ...)

Posted on 31/07/2018

Chart of the Day: How much of Singapore’s re-exports go to China and US?

Singapore's re-exports is exposed to trade war impacts as 20% of it go to China and US. This chart from CEIC showed that Singapore's re-exports in 2017 are widely exposed to the trade wars as 13.6% of ... ( read original story ...)

Posted on 31/07/2018

Luxury Homes May Be Hardest Hit by Latest Singapore Curbs

Singapore’s luxury real estate market is likely to be hardest hit by the government’s most-recent property curbs, with sales forecast to fall between 30 and 40 percent in the next two quarters. Overse... ( read original story ...)

Posted on 31/07/2018

Another Standard Chartered compliance exec steps down

A spokesperson for Standard Chartered declined to comment. The move adds to upheaval at the bank’s compliance unit, which oversees conduct of the lender’s 86,000 employees in countries from Singapore ... ( read original story ...)

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