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Month: January 2019

Posted on 16/01/2019

Momentum of Malaysia’s relationship with Singapore ‘very positive’: Economic Minister Azmin Ali

SINGAPORE: The momentum of Malaysia's relationship with Singapore is very positive, said Malaysian Minister for Economic Affairs Mohamed Azmin Ali on Wednesday (Jan 16), after meeting Singapore minist... ( read original story ...)

Posted on 16/01/2019

Major Singapore art fair cancels a week before opening, leaving galleries and artists stranded

which said that as of Tuesday evening they had not heard of the news and were still proceeding as planned. Jasdeep Sandhu, owner of the Singapore- and Jogjakarta-based Gajah Gallery, said on Tuesday n... ( read original story ...)

Posted on 16/01/2019

Singapore home price growth to moderate to 2% in 2019

According to Fitch Ratings in its 2019 Global Housing and Mortgage Outlook report, Singapore home prices are expected to show moderate growth of 2% in 2019 and 3% in 2020. The report said: “Fitch expe... ( read original story ...)

Posted on 16/01/2019

Singapore’s Grab Can’t Afford to Fail Finance Test

After sending rival Uber Technologies Inc. packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte. has set itself a stiffer target. It wants to be a regional su... ( read original story ...)

Posted on 16/01/2019

Singapore home prices expected to show moderate 2% growth in 2019: Fitch

SINGAPORE (Jan 16): Singapore home prices are expected to show moderate growth of 2% in 2019 and 3% in 2020, according to Fitch Ratings in its 2019 Global Housing and Mortgage Outlook report. Last Jul... ( read original story ...)

Posted on 16/01/2019

2019 will be a good year for hospitality, but risks from trade tensions remain: OCBC

SINGAPORE (Jan 16): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality sector as it sees value in some of the hospitality REITs under its coverage at their current unit pr... ( read original story ...)

Posted on 16/01/2019

CSE kept at ‘buy’ by UOB, RHB on stronger outlook with 4Q contract wins

SINGAPORE (Jan 16): UOB Kay Hian and RHB Research are reiterating their “buy” calls on CSE Global after the group announced it secured $84.8 million worth of infrastructure projects in 4Q18. Both rese... ( read original story ...)

Posted on 16/01/2019

How DBS and OCBC Global Leadership Shows Singapore’s Success in Open Banking

DBS Bank was the first bank in Singapore to dive into open banking, launching in mid 2015 the Innovation Plan with 1,000+ experiments in API, cloud computing, microservice, architecture and machine le... ( read original story ...)

Posted on 16/01/2019

Singapore: STI Index (.STI) could deliver attractive returns to investors

Singapore’s export-driven economy is among the most vulnerable in the ongoing U.S.-China trade conflict, but major investors said its stock market could deliver attractive returns this year. “It’s ver... ( read original story ...)

Posted on 16/01/2019

Singapore works on solutions for future water supplies

Singapore's Minister for Environment and Water Resources, Masagos Zulkifli, has spoken of the water crisis facing his country and how they're trying to tackle it. Zulkifli spoke to Reuters at the ongo... ( read original story ...)

Posted on 16/01/2019

Property agents’ track records go online: here’s what to look for

You should take note of where a property agent closes deals. We know that size wise, Singapore’s the geographic equivalent of a pimple on an elephant’s back; but agents still need hyper-local knowledg... ( read original story ...)

Posted on 16/01/2019

Singapore’s foreign domestic workers vulnerable to forced labour, report finds

Foreign domestic maids in Singapore are susceptible to being victims of forced labour, despite them being documented workers with legal rights such as paid medical insurance and a rest day each week, ... ( read original story ...)

Posted on 15/01/2019

A London DJ’s punishment sheds light on Singapore’s caning shame

Changi prison, Singapore. ‘Judicial corporal punishment has been a long-time fixture, and was first introduced by British colonialists in the 19th century.’ Photograph: How Hwee Young/EPA Any day now, ... ( read original story ...)

Posted on 15/01/2019

Grand Venture Technology raising $13.2 mil from Catalist IPO

on Tuesday registered its offer document with the Singapore Exchange for an initial public offer (IPO) on the Catalist board. GVT will be selling 42.9 million new shares at 27.5 cents each, representi... ( read original story ...)

Posted on 15/01/2019

Singapore Says It Won’t Name Hackers Who Targeted PM

SINGAPORE — Singapore officials say it isn't in the country's interest to nab — or even name — the perpetrators behind a cyberattack that breached 1.5 million health records, including those of Prime ... ( read original story ...)

Posted on 15/01/2019

Singapore urged to fix rules on hiring domestic workers to stop forced labour

KUALA LUMPUR, Jan 15 (Thomson Reuters Foundation) - Singapore must overhaul its rules and systems for the hiring of foreign domestic workers to put a stop to forced labour in the wealthy city-state, c... ( read original story ...)

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