Singapore’s multinational bank DBS has officially launched its business-matching programme for startups, called Startup Xchange, in two of its biggest markets, Singapore and Hong Kong. The programme i... ( read original story ...)
Oil prices fall on rising supply, global market woes
SINGAPORE (Reuters ... “A Saudi pledge to produce as much oil as possible, and the stock market rout, have sharply reduced concerns about the Nov. 4 implementation of U.S. sanctions against ... ( read original story ...)
Are Southeast Asia and India already in a bear market?
Year-to-date, Singapore is the second worst performing market in Asia. The worse performing market in Southeast Asia, however, is the Philippines with stock market falling 23.5 per cent from the begin... ( read original story ...)
Oil stable as Asia stock markets rebound, but sentiment cautious on trade concerns
The tight market in Asia is visible in the low amount of unsold crude oil stored on tankers on waters around Singapore and southern Malaysia, the region’s main oil trading and storage hub. Just four s... ( read original story ...)
4 Banks in Asia Pacific That Are Winning Open Banking Adoption
it is no wonder that Finastra named Singapore as the nation that is most ready to embrace open banking in the Asia Pacific region. Singapore ranks at 8.1/10 on the open banking readiness index, runnin... ( read original story ...)
Property management and leasing of black-and-white bungalows outsourced to Colliers
Colliers International announced on October 29 that it has been appointed by the Singapore Land Authority (SLA) to lead the leasing and property management of 183 heritage black-and-white bungalows in ... ( read original story ...)
Company director fined $48,000 for false declarations in steel export documents
SINGAPORE - A director of a wholesale trade company was on ... Singaporean Chetan Rasiklal Sheth, 63, made the false statements while applying for certificates of origin for the export of 22 shipments ... ( read original story ...)
Singapore’s going all out to get its UNESCO bid for local hawker culture, with a new website and traveling exhibition
Back in August, Prime Minister Lee Hsien Loong revealed in his National Day Rally speech that Singapore would be nominating our precious hawker culture to be included in the UNESCO Representative List ... ( read original story ...)
Singapore Pools to take over horse-betting operations
Hot on the heels of recent cost-cutting measures, Singapore Pools will take over all horse-betting operations from the Singapore Turf Club from Jan 7. The Straits Times understands that the move will ... ( read original story ...)
River Ryan man facing extradition to Singapore
RIVER RYAN — A River Ryan man — accused of robbing a bank in Singapore — will not be heading home anytime soon. A spokesperson with the United Kingdom Home Office, said Minister of State Nick Hurd has ... ( read original story ...)
UK orders StanChart robber suspect to be extradited to Singapore
SINGAPORE - The man suspected of robbing the Holland Village branch of Standard Chartered Bank in 2016 is set to be extradited to face charges here, following orders from Britain's Secretary of State. ... ( read original story ...)
Singapore Sovereign Wealth Fund Boss Cites China ‘Bubble’ Risk
Singapore’s sovereign wealth fund boss named credit excesses and the property market as two of the biggest challenges facing China. The “credit excesses built up since the global financial crisis need ... ( read original story ...)
Finastra launches Open Banking Readiness Index in Asia Pacific – the new framework for banks to stay ahead
Research shows that momentum for Open Banking is accelerating in Asia Pacific ... top 146 banks across 14 markets in Asia Pacific -- Singapore, Australia, Hong Kong, New Zealand, mainland China ... ( read original story ...)
Singapore Office Landlords Get Upper Hand as Rentals Jump
(Bloomberg) -- When it comes to renting an office in downtown Singapore, the tables have turned. Load Error Landlords now have the upper hand in rental negotiations, with leasing rates in the city-sta... ( read original story ...)
Asia’s Rich From Massage Chair King to Telecom Tycoon Delay IPOs
Tycoons ranging from an Indian telecom billionaire to Singapore’s king of massage chairs are delaying ... Among the five worst-performing major IPOs globally, three come from Asia, data compiled by Bl... ( read original story ...)
Half of Singapore’s emerging affluent highly dependent on insufficient savings
Digital money management is also gaining popularity in Singapore with 65% admitting that they have more control over their money and investments thanks to the proliferation of online banking tools. Ha... ( read original story ...)