DBS Group Holdings, Singapore's biggest bank, reported record results for the third quarter. Net profit rose 76% to S$1.41 billion (US$1.02 billion), compared to S$802 million for the same period a ye... ( read original story ...)
Iran oil exports to plummet in November, then rebound as buyers use waivers
SINGAPORE (Reuters) - Iran's oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would re-impose sanctions on Tehran, but with waivers in hand the Islamic republic's ... ( read original story ...)
China, Singapore conclude talks on “upgraded” Free Trade Agreement
The announcement was jointly made by Chinese Vice Commerce Minister Fu Ziying and Singapore's Minister for Trade and Industry Chan Chun Sing after their meeting on the sidelines of the first China Int... ( read original story ...)
U.K. Can’t Use Singapore as Post-Brexit Model, Premier Lee Says
(Bloomberg) -- The U.K. can’t use Singapore as a post-Brexit model of a small nation that succeeded after leaving a bigger union because the two nations exited under different circumstances, Prime Min... ( read original story ...)
Singapore Shares Called Lower On Monday
The Singapore stock market has finished higher in three straight sessions, climbing almost 150 points or 4.8 percent along the way. The Straits Times Index now rests just above the 3,115-point plateau ... ( read original story ...)
Singapore Reaffirms Support for BRI
Singapore and the Chinese city of Chongqing have signed a series of memorandum of understandings (MoUs) to improve links in trade, finance, technology and transport. The MoUs were signed during the in... ( read original story ...)
Singapore morning news for November 6
Singapore companies are putting their bets on China’s rising wealthy millennials to drive future sales despite the ongoing trade war between China and the United States and a cyclical downturn in elec... ( read original story ...)
China and Singapore wrap up talks to upgrade free-trade agreement
China and Singapore have concluded talks to upgrade their free-trade ... for Trade and Industry Chan Chun Sing on the sidelines of the China International Import Expo in Shanghai, the Chinese commerce ... ( read original story ...)
Singapore’s Claim as a Street-Food Hub Riles Malaysians
HONG KONG — Ever since Singapore separated from Malaysia and declared independence in 1965, the two neighbors have argued over who has stronger claims to aspects of their shared heritage. The rivalry ... ( read original story ...)
Singapore assessing 2019 GDP growth forecast as US-China trade war risks loom
Singapore, an international trading hub that benefits from trade flows and the movement of goods between the region’s manufacturing centres, the US and Europe, has already seen exports ease this year. ... ( read original story ...)
UOB gives staff 10% pay rise as tech hiring triggers headcount surge
UOB is starting to shed its reputation as the most conservative of Singapore’s local banks as its third-quarter financial report shows big upticks in average compensation and headcount. ( read original story ...)
Singapore’s M1 Bundles Electricity Plans with Mobile Data and Fiber Broadband
Singapore's M1 and Keppel Electric, a leading electricity retailer in the nationwide Open Electricity Market (OEM), announced their enhanced collaboration to enable customers to sign up for electricit... ( read original story ...)
Singapore’s bid for UNESCO hawker food listing eats at neighbours
Like their counterparts elsewhere in Southeast Asia, Singapore's hawkers once dished out food from rickshaws and mobile carts on the streets, staples such as char kway teow, fried carrot cake, and fis... ( read original story ...)
Singapore Sees No U-Turn on Curbing Low-Skilled Foreign Workers
(Bloomberg) -- Forget about Singapore’s foreign worker curbs easing up -- at least on the low-skilled end. Finance Minister Heng Swee Keat says the policy to limit the inflow of cheap non-Singaporean ... ( read original story ...)
Singapore Banks’ Good Times Have Come and Gone
(Bloomberg Opinion) -- Very little went wrong for DBS Group Holdings Ltd. last quarter. Load Error Singapore’s biggest bank, the last to report earnings, posted a 76 percent jump in net income. Net in... ( read original story ...)
DBS sees 72% rise in Q3 profit on lower allowances, higher loan income
SINGAPORE - DBS Group Holdings on Monday (Nov 5) reported that third-quarter net profit rose 76 per cent to $1.41 billion, compared to $802 million for the same period a year ago, when accelerated all... ( read original story ...)