BCB is founded by GBCI with a team of 100 in Singapore, Myanmar, Thailand, China and the Philippines. The BCB team has spent most of their time working on the mainnet of the blockchain technology and ... ( read original story ...)
Singapore start-ups clinch $14b in 2018 financing
said Enterprise Singapore. This is up from the 160 deals worth US$800 million in 2012. Notable deals included technology company Grab's US$2 billion, Alchemy Foodtech's $2.5 million and healthcare app ... ( read original story ...)
Pune-based Industrial IoT Firm Altizon Raises $7Mn from TVS Motor’s Singapore Subsidy
Rajesh Narasimhan, Board Member of TVS Motor Company and CEO of TVS Motor (Singapore) quoted “After detailed assessments around industrial IOT platforms we found Altizon’s technology portfolio of ... ( read original story ...)
Singapore industrial a picture of cautious optimism
The report said that the Singapore industrial property market starting the year on a positive note as net absorption of industrial space improved quarter-on-quarter and year-on-year. Tay Huey Ying, ... ( read original story ...)
Singapore suspends license of Southernpec on suspicion of equipment tampering
SINGAPORE (Reuters) - The Maritime and Port Authority of Singapore (MPA) is investigating bunker craft operator Southernpec (Singapore) Pte Ltd for equipment tampering during a bunkering operation, ... ( read original story ...)
Couple Nearly Fined At S’pore Customs Under New GST Relief Rule Seeks To Raise Awareness
They were allegedly suspected of carrying goods costing more than $100 each which, under a GST import relief revision, isn’t allowed without due declaration. On Saturday (20 Apr), the couple was ... ( read original story ...)
Hong Kong court finds shipping firm, captain guilty of transporting Singapore SAF Terrexes without licence
HONG KONG - Singapore-based shipping firm APL and one of its captains were found guilty on Monday (April 29) of importing nine Singapore Armed Forces (SAF) armoured vehicles worth HK$136.6 million ... ( read original story ...)
DBS posts record profit on lending gains, raises bar for Singapore banks
SINGAPORE (Reuters) - Southeast Asia's biggest lender DBS Group Holdings Ltd beat market estimates to post a record quarterly profit, as strong lending income offset weakness in wealth management, ... ( read original story ...)
Singapore morning news for April 29
Singapore’s economy will slow in 2019, reflecting a weakening in key trading partners and a further cooling of the electronics sector, the central bank said. SINGAPORE is a step closer to fulfilling ... ( read original story ...)
DBS Jumps After First-Quarter Profit Beats Analyst Forecasts
The shares gained as much as 2.9 percent. DBS, the first of Singapore’s three major banks to report earnings, benefited from higher rates and the recovery in global financial markets in the first ... ( read original story ...)
Additional Support Called For Singapore Stock Market
(RTTNews) - The Singapore stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had advanced ... ( read original story ...)
SGX and UOB ink MoU with CCOIC at second Belt & Road Forum in Beijing
SINGAPORE (April 29): United Overseas Bank Limited (UOB), Singapore Exchange Limited (SGX) and the China Chamber of International Commerce (CCOIC) have signed a Memorandum of Understanding (MoU) to ... ( read original story ...)
DBS first-quarter profit rises 8.5 percent on higher net interest income
SINGAPORE (Reuters) - DBS Group Holdings Ltd, Southeast Asia’s biggest lender, reported an 8.5 percent rise in quarterly profit on Monday to beat market estimates, powered by a rise in net ... ( read original story ...)
DBS : first-quarter net profit up 9% to record SGD 1.65 billion, return on equity at 14%
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and ... ( read original story ...)
DBS : posts record quarterly profit, powered by lending income
SINGAPORE (Reuters) - DBS Group Holdings Ltd, Southeast Asia's biggest lender, beat market estimates on Monday to post a record quarterly profit, as strong net interest income offset weakness in ... ( read original story ...)
DBS 1Q earnings up 9% to record $1.65 bil on healthy business momentum, higher net interest margin
SINGAPORE (Apr 29): DBS Group Holdings reported record 1Q earnings of $1.65 billion, up 9% a year as total income grew 6% to a new high of $3.55 billion. The stronger bottomline was supported by ... ( read original story ...)