SINGAPORE (BLOOMBERG) - DBS Group Holdings' first-quarter profit unexpectedly rose as interest income made up for declines in wealth, investment banking and brokerage fees. Net income climbed 9 per ... ( read original story ...)
The Singapore banking jobs that WON’T be cut over the next three years
If you’re working in finance in Singapore, you have reason to be fearful for the future of your career. As we reported last week, a major new report has found that a third of job functions in ... ( read original story ...)
MOU between UOB, SGX and Chinese business association to help Chinese firms expand into Asean
... a Chinese business association to help Chinese companies wanting to expand to Singapore and beyond. The memorandum of understanding (MOU) between United Overseas Bank (UOB), Singapore Exchange ... ( read original story ...)
Singapore Police Rescue Victim from Elaborate Bitcoin Machine Scam
Singapore police warned on Saturday: “Do not fall for scammers who impersonate officials from China and ask victims to transfer money using bitcoin machines.” Also: “No government agency in ... ( read original story ...)
The Week Ahead: DBS, UOB And CapitaLand
Two of Singapore’s biggest banks are set to join a couple of blue-chip property companies with results. In February, DBS Group (SGX: D05) posted a 10% jump in fourth-quarter earnings, as it reported a ... ( read original story ...)
Advances in Singapore’s Zika and dengue fight
Singapore scientists have succeeded in mapping out the structures of the dengue and Zika virus strains – a crucial milestone in the development of treatments for the potentially deadly diseases. ... ( read original story ...)
Ferris Wheel in Singapore Club Marks Tao’s ‘Most Dramatic’ Foray
(Bloomberg) -- Tao Group, the U.S.-based nightlife and restaurant company, this month opened Singapore’s biggest night club -- with an indoor ferris wheel and three-story slide -- as its partner Las ... ( read original story ...)
Singapore to fast-track AI patent applications
The Intellectual Property Office of Singapore (Ipos) is to fast-track artificial intelligence-related patent applications to push the Republic's efforts to develop its digital economy. The agency ... ( read original story ...)
Singapore Wealth Firm iFast’s Pre-Tax Profit Declines by 38%
Wealth-management group iFast Corp. posted a 37.5 percent slide in profit before tax for the year to March 31 as poor financial markets and investments for growth take their toll. Singapore-based ... ( read original story ...)
Singapore will always need to rely on foreign countries for water, says Mahathir’s close aide Kadir Jasin
Harry Seah, Chief Technology Officer of PUB, Singapore’s water agency, said that without importing millions of litres from Malaysia every year, Singapore would simply not survive. Thus ... ( read original story ...)
Apple recalls plugs in UK, Hong Kong and Singapore
Apple has asked customers to stop using certain plug adapters because of a risk of electric shock. It has issued a recall of two types of plug; the AC wall plug adapter shipped with Macs and some iOS ... ( read original story ...)
Singapore’s GLP Plans $3 Billion IPO of U.S. Warehouses
GLP Pte, the Singapore-based developer of logistics properties, is planning an initial public offering for its U.S. operations that could raise about $3 billion, people with knowledge of the matter ... ( read original story ...)
Singapore March manufacturing output down 4.8 pct y/y, as expected
SINGAPORE, April 26 (Reuters) - Singapore’s industrial production in March fell from a year earlier as expected due to a plunge in electronics output, data showed on Friday. Manufacturing output in ... ( read original story ...)
Singapore’s Economy Will Slow in 2019, Says Central Bank
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. The city state is set to expand slightly ... ( read original story ...)
Singapore morning news for April 26
GLP Pte, the Singapore-based developer of logistics properties, is planning an initial public offering for its U.S. operations that could raise about $3 billion, people with knowledge of the matter ... ( read original story ...)
COMMENT: Singapore’s online falsehoods bill will deepen culture of self-censorship
Singapore’s proposed legislation against online falsehoods is probably the world’s boldest and most elaborate attempt to regulate disinformation since “fake news” hit the top of the global agenda ... ( read original story ...)