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Month: May 2019

Posted on 30/05/2019

Police investigating 2 men for operating illegal remittance business in Little India

SINGAPORE: The police are investigating two work pass holders for their suspected involvement in an unlicensed remittance business in Little India, the police and Ministry of Manpower (MOM) said in a ... ( read original story ...)

Posted on 30/05/2019

India 43rd most competitive economy, Singapore tops the list: Report

Singapore has moved up to the top ... Hong Kong SAR has held onto its second place, helped by a benign tax and business policy environment and access to business finance. Economists regard ... ( read original story ...)

Posted on 30/05/2019

Singapore Bank Sees Southeast Asia as a ‘Haven’ From the Trade War

(Bloomberg) - United Overseas Bank Ltd. is betting Southeast Asia will shield it from the escalating trade war between the U.S. and China, distancing itself from the approach of its two main rivals ... ( read original story ...)

Posted on 30/05/2019

Firm fined for illegally importing more than 2 tonnes of fresh vegetables from Malaysia

SINGAPORE: A company was fined S$6,000 on Wednesday (May 29) for illegally importing more than 2 tonnes of fresh vegetables from Malaysia, the Singapore Food Agency (SFA) said in a media release. ... ( read original story ...)

Posted on 29/05/2019

Asia markets slip, currencies decline as US adds 9 countries to watch list

Malaysia and Singapore. Following that development, some of those currencies weakened against the dollar. Stocks in Asia mostly declined in Wednesday afternoon trade following overnight losses on Wall ... ( read original story ...)

Posted on 29/05/2019

Technology drives Singapore’s ranking as most competitive economy, knocking off US

Fuelled by its advanced technological infrastructure and favourable immigration laws, Singapore has ranked as the world's most competitive economy, knocking off previous leader the United States. The ... ( read original story ...)

Posted on 29/05/2019

India Surpasses Singapore In Adoption Of Technology At Workplace

Singapore is one of Asia’s most advanced nations in terms of technology. Over the years, they have built a reputation that they are strong enough — whether you look at the office buildings, the ... ( read original story ...)

Posted on 29/05/2019

Here’s Why Singapore Made It Onto the U.S. Currency Watchlist

(Bloomberg) -- Singapore made the U.S. Treasury’s watchlist for currency manipulation for the first time, throwing a spotlight on its exchange rate policies. Load Error The U.S. uses three criteria to ... ( read original story ...)

Posted on 29/05/2019

Singapore topples Mauritius as India’s top FDI source

Besides, Singapore offers other advantages on the ease of doing business front,” said Dhiraj Mathur, who was involved with FDI policy before turning a consultant. Akash Gupt, partner and leader ... ( read original story ...)

Posted on 29/05/2019

Singapore prepared for negative consequences of trade war: DPM Heng

SHENZHEN: Singapore is prepared for the negative consequences that ... "One strong characteristic of the Chinese system is that the political leaders, as well as the business leaders, think in (the) ... ( read original story ...)

Posted on 29/05/2019

Singapore c.bank says does not manipulate currency for export advantage

SINGAPORE, May 29 (Reuters) - The Monetary Authority of Singapore said on Wednesday it does not manipulate its currency for export advantage, after the U.S. Treasury flagged the city-state as one of ... ( read original story ...)

Posted on 29/05/2019

Why Singapore, Malaysia, Vietnam Were Added to U.S. Currency Watchlist

(Bloomberg) -- The U.S. Treasury added Singapore, Malaysia and Vietnam to a watchlist for currency manipulation, putting their foreign-exchange policies under scrutiny. Singapore made the list because ... ( read original story ...)

Posted on 29/05/2019

Singapore, Malaysia, Vietnam Added to U.S. Currency Watchlist

“Singapore’s monetary policy adjustments are primarily made through its currency, hence, intervention activities are relatively heavier,” said Christy Tan, head of markets strategy at National ... ( read original story ...)

Posted on 29/05/2019

New UOB-Mastercard partnership targets SMEs with free golf club access, hotel & dining perks

SINGAPORE (May 28): United Overseas Bank (UOB) and Mastercard today announced the launch of the UOB Regal Business Metal Card, the region’s first World Elite Mastercard metal card for small- and ... ( read original story ...)

Posted on 29/05/2019

Standard Chartered Singapore Marathon to be held at night for the first time

SINGAPORE: This year's Standard Chartered Singapore Marathon (SCSM) will be held at night for the first time in its history, organisers Ironman Asia announced on Tuesday (May 28). The 2019 edition ... ( read original story ...)

Posted on 29/05/2019

HSBC plans retail wealth headcount boost; eyes Singapore expansion

HONG KONG (Reuters) - HSBC Holdings PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe’s biggest lender by assets sharpening its focus on ... ( read original story ...)

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