Iraq's Oil Marketing Company (SOMO) has notified clients that it plans to launch a third crude oil export grade called Basra Medium in January, two sources with knowledge of the matter said this week. ( read original story ...)
Singapore bank lending declines for seventh consecutive month in September
On an annual basis, total bank lending declined 1% in September, with business loans and consumer loans contracting 0.2% and 2.5%, respectively, from a year ago. ( read original story ...)
Singapore REIT powerhouse going global again
Singapore has established itself as a hub for real estate investment trusts (REITs) over the past two decades. ( read original story ...)
Ohmyhome’s Exclusive Cross-Border Property Transaction Solution Adds Listings in Philippines
Following its successful launch in the Philippines, the unique one-stop proptech solution to property needs in Southeast Asia, Ohmyhome, today announced the expansion of its cross-border ... ( read original story ...)
Financial institutions launch SME debt restructuring programme
The support scheme was led by UOB, together with the other major banks, and the Monetary Authority of Singapore (MAS). Other financial institutions partaking in the scheme include DBS, OCBC, HSBC, ... ( read original story ...)
Latest GrabFood promo codes (November 2020)
Got a craving that needs to be satisfied, but want to practise social distancing during this time? Not a problem.GrabFood, one of Singapore’s top food delivery service providers, that offers thousands ... ( read original story ...)
Singapore Schools to Make Virus Tracing Token, App Mandatory
(Bloomberg) -- Singapore students have to start using either the government’s contact-tracing token or mobile app from December as the city-state seeks to resume more activities amid the pandemic. The ... ( read original story ...)
Hong Kong-Singapore travel bubble could begin in November, Hong Kong finance secretary says
The city is talking to 10 other countries about travel bubbles, and discussions with Thailand and Japan are "more advanced," said Financial Secretary Paul Chan. ( read original story ...)
What to expect when Singapore’s top banks report third-quarter earnings this week
United Overseas Bank will report earnings on Wednesday, while DBS Group Holdings and Oversea-Chinese Banking Corp will release their report cards on Thursday. ( read original story ...)
Singapore Stock Market Poised To Add To Its Winnings
The Singapore stock market on Monday halted the five-day losing streak in which it had stumbled almost 115 points or 4.7 percent. The Straits Times Index now sits just beneath the 2,445-point plateau ... ( read original story ...)
Singapore updates data protection law to exclude user consent for ‘legitimate’ business purposes
Amendments have been added to the country's Personal Data Protection Act to allow businesses to use consumer data without prior consent for some purposes such as business improvement and research, and ... ( read original story ...)
Over 40 Singapore businesses to take part in China Int’l Import Expo
More than 40 Singapore businesses are to participate in the third China International Import Expo (CIIE) 2020 to be held in Shanghai earlier November, according to a press statement issued Monday. The ... ( read original story ...)
Singapore: Labour market could improve in Q420 – UOB
In opinion of Economist Barnabas Gan at UOB Group, the labour market in Singapore is likely to improve during the October-December period. Key Quotes “Singapore’s overall unem ... ( read original story ...)
Singtel’s Optus to buy Australia MVNO Amaysim’s mobile business for A$250m
Optus Mobile is planning to fork out some A$250 million (S$240 million) to acquire the mobile service business of Amaysim Australia, before the latter winds up.. Read more at straitstimes.com. ( read original story ...)
OCBC Robinsons credit card to be cancelled in April after announcement of closure; rebates will be given until Nov 5
SINGAPORE: The OCBC Robinsons credit card will be cancelled on Apr 15 next year following the announcement of the department store's closure. Replying to CNA's queries on Monday (Nov 2), OCBC said ... ( read original story ...)
Singapore Reits’ exposure to Robinsons owner in spotlight as fashion retailers struggle
SINGAPORE (THE BUSINESS TIMES) - The fortunes of retail-focused Singapore-listed real estate investment trusts (S-Reits) are "closely tied" with that of beleaguered Robinsons Singapore's owner, DBS ... ( read original story ...)