SINGAPORE (ICIS)--South Korea’s exports growth will continue to be supported by the global economic recovery this year despite the sharp slowdown seen in February, according to analysts. The country’s overall exports rose by 4.0% year on year to $44 ... ( read original story ...)
Singapore: Central Bank ‘Assessing’ Need For More Cryptocurrency Regulation
Singapore’s central bank has said it is again looking at cryptocurrency regulation, appearing to amend previous comments about a hands-off approach, Reutersreported Thursday, March 1. Part of a speech quoted by various publications Thursday saw the ... ( read original story ...)
Morgan Stanley hires veteran DBS banker for senior job in Singapore
Sung worked as an RM in DBS’s mass-affluent Treasures arm – mainly covering Malaysia and Thailand from Singapore – during his first six and a half years at the firm, and only joined the private bank in 2015. As we reported in August, firms such as ... ( read original story ...)
Which Is The Best Stock Market In Asia?
Hong Kong and Singapore are in a fierce battle. The stakes? Becoming Asia’s most important financial center. One is taking the lead, but its the engines that drive each economy that will determine which stock market will emerge victorious. Asia is a ... ( read original story ...)
Luye Medical Group looks towards a Singapore IPO
Backed by Chinese entrepreneur Liu Dianbo, Singaporean based healthcare company Luye Medical Group is set to launch its Singapore IPO, with plans to raise up to $500mn, Bloomberg has reported. The IPO would be one of the most significant healthcare focused ... ( read original story ...)
Singapore explores rules to protect investors in cryptocurrencies
Singapore’s central bank is assessing whether additional regulations are required to protect investors in cryptocurrencies, an official said in a speech released on Thursday. The city-state - which is aiming to be a hub for financial technology and so ... ( read original story ...)
Singapore’s planned terror response stokes concerns over press freedom
The move comes as Singapore considers legislation to fight fake news, which critics say could further hinder press freedom already limited by laws on what may be said or published. Singapore's minister of law, K. Shanmugam, has said that keeping falsehoods ... ( read original story ...)
Microsoft to buy solar power in Singapore in first renewable deal in Asia
SINGAPORE (Reuters) - Microsoft Corp said on Thursday it will buy solar power from the Sunseap Group in Singapore, the technology company’s first renewable energy deal in Asia. Microsoft will purchase 100 percent of the electricity generated from Sunseap ... ( read original story ...)
Alibaba sets up AI research centre in Singapore
Chinese e-commerce giant Alibaba on Wednesday opened an artificial intelligence research institute in Singapore in partnership with a local university, as the battle to develop AI technology heats up. The institute, a tie-up with Nanyang Technological ... ( read original story ...)
Singapore looking at investor protection rules for cryptocurrencies
SINGAPORE (Reuters) - Singapore’s central bank is assessing whether additional regulations are required to protect investors in cryptocurrencies, an official said in a speech on Thursday. The city-state - which is aiming to be a hub for financial ... ( read original story ...)
How did Singapore’s banks fare in 2017?
Amongst the three, OCBC had the best return on equity. The trio of banks in Singapore – DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39) and United Overseas Bank Ltd (SGX: U11) – make up slightly more than 40% ... ( read original story ...)
“I’m a headhunter in Singapore. I’m now rejecting 100% of overseas job applications”
Singapore’s drive to encourage employers to hire more locals is generally a good thing, but in investment banking it’s having some unwanted consequences. https://news.efinancialcareers.com/sg-en/301800/indian-techie-singapore-employment-pass/ As we all ... ( read original story ...)
Hats off to Singapore for raising taxes
Singapore is moving boldly, and wisely, in a different direction. The government is raising levies on property, goods and services, carbon and certain imported services. Not radically, but assertively nonetheless. A stamp duty rise to 4% from 3% applies ... ( read original story ...)
Singapore’s City Developments focuses on fund management
City Developments, under former CEO Grant Kelley, entered into fund management through three property investment programs, called "Profit Participation Schemes," totaling 3.5 billion Singapore dollars ($2.6 billion). Now Kwek will take the big leap forward. ( read original story ...)
Bombardier Global 7000 Aircraft Mock-up Heads to Singapore for Asia-Pacific Debut
A full-scale mock-up of the Global 7000 aircraft will be on display in Singapore for two weeks as of March 1, offering guests a rare opportunity to experience the unparalleled luxury of this unique business jet – The Bombardier Global 7000 aircraft is in ... ( read original story ...)
Malaysia-Singapore stock market link to benefit retail investors
The Malaysia-Singapore stock market linking proposal is set to benefit retail investors, in particular, says DBS Group Research. “It has the potential to increase securities revenue for the Singapore Exchange (SGX) and generate interest, particularly ... ( read original story ...)